Press Releases
02/05/2025
Avangrid Named One of America’s Most JUST Companies by JUST Capital and CNBC
Avangrid Named One of America’s Most JUST Companies by JUST Capital and CNBC
Avangrid ranked on prestigious JUST 100 list for the fifth consecutive year
JUST Capital’s ranking of America’s most JUST companies is the only corporate ranking based on the priorities of the American public
ORANGE, Conn. — February 5, 2025 — Avangrid, Inc., a leading energy company and member of the Iberdrola Group, today announced that it was recognized for the fifth consecutive year on the annual JUST 100 – a list of America’s best corporate citizens published by JUST Capital and its media partner, CNBC. Avangrid’s continued presence on this prestigious list is indicative of its commitment to serving to all stakeholders, including employees, customers, communities, and the environment.
Avangrid ranked #4 for the utility industry, earning high scores in key areas such as workforce development, fair wages, ethical leadership, pollution reduction, and climate commitments.
“We are honored to once again be recognized by JUST Capital as one of America’s most JUST companies,” said Pedro Azagra, Avangrid CEO. “We are committed to fostering an exceptional workplace for Avangrid’s 8,000 employees who work from coast to coast serving customers and communities, while delivering reliable power to families and businesses. This recognition is a testament to that dedication across our organization—from human resources and procurement to customer service and communications. The entire Avangrid team puts our core values into practice daily.”
Each year, JUST Capital begins by polling the American public on a fully representative basis on their priorities for business behavior. It then evaluates how the largest corporations in the country perform against those criteria. Leading companies are recognized for their performance on top priority issues such as: paying fair, living wages; supporting worker well-being; career advancement, training, and work-life balance; communicating transparently; strengthening communities; ethical leadership; and treating customers fairly.
“Performance expectations for business leaders today are sky high. The JUST 100 demonstrates how companies can create value for their investors, their key stakeholders, and America more broadly by focusing on core business operations,” said JUST Capital CEO Martin Whittaker. “At the end of the day, it doesn’t have to be that complicated. It’s just business.”
The JUST Capital 2025 Rankings of America’s Most JUST Companies and JUST 100 List celebrate top-performing Russel 1000 companies that are demonstrating leadership in responding to the needs of the American people. This year’s list was compiled before Avangrid was fully acquired by its parent company, Iberdrola S.A., and de-listed from the New York Stock Exchange.
To produce the 2025 Rankings, JUST evaluated 940 companies across 36 industries, 17 Issues, and 88 raw data points
About Avangrid: Avangrid, Inc. is a leading energy company in the United States working to meet the growing demand for energy for homes and businesses across the nation through service, innovation, and continued investments by expanding grid infrastructure and energy generation projects. Avangrid has offices in Connecticut, New York, Massachusetts, Maine and Oregon, including operations in 23 states with approximately $47 billion in assets, and has two primary lines of business: networks and power. 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 and in 2024. Through its power generation business, Avangrid owns and operates more than 75 energy generation facilities across the United States producing 10.5 GW of power for over 3.1 million customers. Avangrid employs approximately 8,000 people and has been recognized by JUST Capital as one of the JUST 100 companies – a ranking of America’s best corporate citizens – in 2025 for the fifth consecutive year. The company was named among the World’s Most Ethical Companies in 2025 for the seventh 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.
