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Stakeholders
Stakeholders
At the center of our decisions
Avangrid is committed to building meaningful and productive relationships with its Stakeholders and views Stakeholders as an integral part of its business operations.
The Stakeholder Engagement Policy outlines Avangrid’s purpose, principles and responsibilities in stakeholder engagement.
Principles of relationships with our stakeholders
- responsibility: act responsibly and build relationships based on ethics, integrity, sustainable development, and respect for human rights and the communities affected by the activities of the Avangrid Group.
- transparency: ensure transparency in relationships, and in financial and non-financial communications, sharing truthful, relevant, complete, clear, reliable, and useful information.
- active listening: encourage the practice of active listening, encouraging effective two-way communication as well as direct, fluid, constructive, diverse, inclusive, and intercultural dialogue.
- participation and engagement: encourage the participation and engagement of Stakeholders in the Avangrid Group’s activities
- consensus: work towards consensus with Stakeholders, especially with local communities and indigenous populations, taking their viewpoints and expectations into consideration.
- collaboration: promote collaboration with Stakeholders to contribute to the achievement of the SDGs.
- continuous improvement: seek continuous improvement, regularly reviewing Stakeholder engagement mechanisms to ensure efficient and relevant responses.
- communication: establish and monitor communication channels to involve Stakeholders in Avangrid’s activities.
Avangrid’s Stakeholders
Avangrid’s Stakeholders are those individuals, groups of individuals or organizations that affect and/or could be affected by Avangrid’s activities, products or services and associated performance. Our key Stakeholders include Customers, Communities (including Regulatory entities, Social representatives, people affected by our facilities & Media) Avangrid’s People, Shareholders & the Financial Community, Supply chain, and the Environment.
Avangrid leverages a stakeholder engagement model that seeks to increase transparency and understanding and is aligned with international standards AA 1000 SES (2015) and best practice in sustainability indexes.
To learn more about Avangrid’s progress in the above areas, we invite you to view our Scorecards or read through our most recent Sustainability Report.
About Avangrid: Avangrid, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $44 billion in assets and operations in 24 U.S. states, Avangrid has two primary lines of business: networks and renewables. Through its networks business, Avangrid owns and operates eight electric and natural gas utilities, serving more than 3.3 million customers in New York and New England. Through its renewables business, Avangrid owns and operates a portfolio of renewable energy generation facilities across the United States. Avangrid employs approximately 8,000 people and has been recognized by JUST Capital in 2021, 2022, 2023 and 2024 as one of the JUST 100 companies – a ranking of America’s best corporate citizens. In 2024, Avangrid ranked first among utilities and 12 overall. The company supports the U.N.’s Sustainable Development Goals and was named among the World’s Most Ethical Companies in 2024 for the sixth consecutive year by the Ethisphere Institute. Avangrid is a member of the group of companies controlled by Iberdrola, S.A. For more information, visit www.avangrid.com.
About Iberdrola: Iberdrola is one of the world's biggest energy companies and a leader in renewables, spearheading the energy transition to a low carbon economy. The group supplies energy to almost 100 million people in dozens of countries. With a focus on renewable energy, smart networks and smart solutions for customers, Iberdrola’s main markets include Europe (Spain, the United Kingdom, Portugal, France, Germany, Italy and Greece), the United States, Brazil, Mexico and Australia. The company is also present in growth markets such as Japan, Taiwan, Ireland, Sweden and Poland, among others.
With a workforce of nearly 40,000 and assets in excess of €141.7 billion, across the world, Iberdrola helps to support 400,000 jobs across its supply chain, with annual procurement of €12.2 billion. A benchmark in the fight against climate change, Iberdrola has invested more than €130 billion over the past two decades to help build a sustainable energy model, based on sound environmental, social and governance (ESG) principles.
