Press Releases

02/21/2024

Nasdaq’s Times Square Tower Honors Avangrid’s Top JUST 100 Ranking

Nasdaq’s Times Square Tower Honors Avangrid’s Top JUST 100 Ranking

Avangrid ranked top utility and 12 overall on list of America’s best corporate citizens

ORANGE, Conn. — February 21, 2024 — Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and a member of the Iberdrola Group, was honored today on Nasdaq’s Times Square Tower for the company’s recent leading rank on JUST Capital’s annual JUST 100 list. Avangrid earned the top rank among utilities on the 2024 lists and ranked 12 overall. 

“It is an incredible honor to be highlighted for our recent JUST 100 ranking on the Nasdaq Tower in New York City,” said Pedro Azagra, Avangrid CEO. “Our team prioritizes ethical and just business practices every day—whether we’re working to build the nation’s first large-scale offshore wind project or to deliver safe and reliable power to more than 3.3 million customers across the northeast. This recognition is a testament to the Avangrid team.” 

To receive the number one ranking in the utility industry, Avangrid earned leading scores on key issues, such as human rights, community development, ethical leadership, customer treatment, transparent communication, beneficial products, climate change, workforce advancement, and sustainable materials.

The JUST 100 Rankings are the only measure of how the nation’s largest corporations are performing on the business issues that matter most to Americans. The issues – which include paying a fair, living wage, creating jobs in the U.S., supporting workforce retention and training, providing benefits and work-life balance, protecting customer privacy, minimizing pollution, and more – are defined annually by an extensive nationwide polling process done on a fully representative basis. The top 100 companies – the JUST 100 – are determined by scoring performance across the full range of criteria and comparing companies head-to-head.

Read more about Avangrid’s 2024 JUST 100 ranking here
 

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 24 states with approximately $47 billion in assets, and 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 and in 2024.  Through its renewables business, Avangrid owns and operates more than 75 energy generation facilities across the United States producing over 9GW of power for over 2.2 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 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.