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Sustainable Policies
Sustainable Policies
Avangrid has consistently been recognized as a leader in ethics, compliance and corporate governance along with our deeply embedded commitment to being a socially responsible business and corporate citizen.
Overview of Governance and Sustainability System
Avangrid's Governance and Sustainability System is\ integral to the company’s corporate purpose and the creation of sustainable value for society, our customers, our communities, and our shareholders. This system is informed by our commitment to ethical principles, transparency, and leadership in the application of best practices in good governance. It is designed to be a working structure for principled actions, effective decision-making, and monitoring of our compliance and performance with regard to our sustainability and governance commitments.
As a leading sustainable energy company, we continue to evolve our governance structure and actions in ways that inform and advance our sustainability system. For over two years, the Avangrid ESG Committee has helped drive our sustainability commitments forward. This internal management committee is tasked with coordinating our ESG commitments across the organization while providing leadership on sustainable development strategies, policies, programs, practices, and initiatives to inform and advance these commitments. The committee includes representatives from Legal, General Services, Risk, Internal Audit, Investor Relations, Environmental Health and Safety, Avangrid Foundation, Compliance and the networks and renewables businesses.
For more information on our Governance and Sustainability System visit here.
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.
