Press Releases
Purpose & Values
Purpose & Values
At Avangrid, we’re pioneering a cleaner, brighter energy future that always begins with understanding and improving the lives of the people we serve. With decades of experience in energy innovation and service, we’re creating stronger, safer electric and natural gas systems that are not only improving our energy future but also the lives of the 3.3 million customers in New York and New England that depend on them.
Our Purpose
Solving problems sustainably.
We provide lasting value to our customers and shareholders. By committing to industry-leading sustainability goals, including the UN Sustainable Development Goals (SDGs), we’re promoting affordable, clean energy strategies to safeguard our environment, advance our society, and strengthen our company’s financial health.
Reducing emissions ambitiously.
Avangrid is committed to reaching carbon neutrality for Scopes 1 and 2 by 2030 and is one of the country’s cleanest utilities with an emissions intensity over six times lower than the U.S. power sector average. Our footprint spans across 24 states, and through our renewables business, we are one of the nation's largest producers of wind and solar energy, producing 9.3 GW of emissions-free installed capacity.
Improving lives positively.
At Avangrid, we’re driven problem-solvers dedicated to creating the energy solutions we all need to thrive. The kind that are a win for our environment—protecting precious natural resources. The kind that are a win for our communities—creating new job opportunities. And the kind that are a win for our customers—providing safe, reliable, and affordable access to energy.
Growing returns ethically.
We’re committed to upholding industry-leading sustainability standards and principles in everything we do to achieve strong financial results. We have been awarded Compliance Leader Verification certification by the Ethisphere Institute for the third consecutive term–a certification that is exclusive to companies that maintain best-in-industry corporate compliance programs, granted only after an extensive assessment process.
Living our core values each day.
Sustainable: We seek to be a model of inspiration for creating economic, social and environmental value in our communities and we act positively to affect local development, generate employment, and give back to the community.
Agile: We act efficiently and with passion to drive innovation and continuous improvement at both the local and global level.
Collaborative: We work together toward a common purpose and mutual benefit while valuing each other and our differences.
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.
