Avangrid Again Named a Leading Utility for Decarbonization
Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company, has been ranked second overall among the country's 47 largest investor-owned utilities in the National Public Utilities Council's (NPUC) Annual Utility Decarbonization Report. This marks the second consecutive year Avangrid has achieved this high ranking.
The company received top scores in five out of six categories, ranking first for lowest CO2 emissions from owned and purchased electricity generation and lowest CO2 emissions per residential customer equivalent (RCE). Avangrid's emissions were just 0.3 metric tons of CO2 per customer, significantly below the 5.7 metric ton average of utilities in the report.
Avangrid's ambitious carbon neutrality strategy aligns with SBTi milestones, aiming for carbon neutrality in Scope 1 and 2 emissions by 2030. The company's commitment to decarbonization and clean energy has also led to recognition as one of America's Most Just Companies 2024, one of America's Climate Leaders 2024, and the Most Sustainable Company in the Clean Energy Industry.
Avangrid, Inc. (NYSE: AGR), un'azienda leader nel settore dell'energia sostenibile, è stata classificata al secondo posto tra le 47 più grandi utility di proprietà privata del paese nel Rapporto Annuale sulla Decarbonizzazione delle Utility del National Public Utilities Council (NPUC). Questo segna il secondo anno consecutivo in cui Avangrid raggiunge questo alto ranking.
L'azienda ha ottenuto punteggi eccezionali in cinque delle sei categorie, classificandosi prima per le più basse emissioni di CO2 dalla generazione di elettricità di proprietà e acquistata e per le più basse emissioni di CO2 per equivalente cliente residenziale (RCE). Le emissioni di Avangrid sono state di soli 0,3 tonnellate metriche di CO2 per cliente, significativamente inferiori alla media di 5,7 tonnellate metriche delle utility nel rapporto.
La strategia ambiziosa di neutralità carbonica di Avangrid è allineata con gli obiettivi della SBTi, mirando a raggiungere la neutralità carbonica per le emissioni di Scope 1 e 2 entro il 2030. L'impegno dell'azienda per la decarbonizzazione e l'energia pulita ha anche portato a riconoscimenti come una delle aziende più giuste d'America 2024, uno dei leader nel clima d'America 2024 e l'azienda più sostenibile nel settore dell'energia pulita.
Avangrid, Inc. (NYSE: AGR), una empresa líder en energía sostenible, ha sido clasificada en segundo lugar entre las 47 utilidades más grandes de propiedad de inversores en el país según el Informe Anual de Descarbonización de Utilidades del Consejo Nacional de Servicios Públicos (NPUC). Este es el segundo año consecutivo en que Avangrid logra este alto ranking.
La compañía obtuvo las mejores puntuaciones en cinco de las seis categorías, clasificándose en primer lugar por las menores emisiones de CO2 de la generación eléctrica propia y comprada y las menores emisiones de CO2 por equivalente de cliente residencial (RCE). Las emisiones de Avangrid fueron de solo 0.3 toneladas métricas de CO2 por cliente, significativamente por debajo de la media de 5.7 toneladas métricas de las utilidades en el informe.
La ambiciosa estrategia de neutralidad de carbono de Avangrid está alineada con los hitos de SBTi, con el objetivo de alcanzar la neutralidad de carbono en las emisiones de Alcance 1 y 2 para 2030. El compromiso de la empresa con la descarbonización y la energía limpia también ha llevado a su reconocimiento como una de las empresas más justas de América 2024, uno de los Líderes Climáticos de América 2024 y la Empresa Más Sostenible en la Industria de Energía Limpia.
Avangrid, Inc. (NYSE: AGR), 선도적인 지속 가능한 에너지 기업은 국가 공공 유틸리티 위원회(NPUC) 연례 공공 유틸리티 탈탄소화 보고서에서 미국 내 47개의 가장 큰 투자 소유 유틸리티 중 두 번째로 평가되었습니다. 이는 Avangrid가 두 해 연속으로 이 높은 순위를 달성한 것입니다.
회사는 여섯 개 범주 중 다섯 개에서 최고 점수를 받았으며, 소유 및 구입한 전력 생산으로 인한 CO2 배출량이 가장 낮음과 주거 고객당 CO2 배출량이 가장 낮음(RCE)에서 1위를 기록했습니다. Avangrid의 CO2 배출량은 고객당 약 0.3미터 톤으로, 보고서의 평균인 5.7미터 톤보다 훨씬 낮습니다.
Avangrid의 역동적인 탄소 중립 전략은 SBTi 목표와 일치하며, 2030년까지 Scope 1 및 2의 탄소 중립성을 목표로 하고 있습니다. 회사의 탈탄소화 및 청정 에너지에 대한 헌신은 또한 2024년 미국의 가장 공정한 기업 중 하나, 2024년 미국의 기후 리더 중 하나, 그리고 청정 에너지 산업의 가장 지속 가능한 기업으로 인정받게 했습니다.
Avangrid, Inc. (NYSE: AGR), une entreprise leader dans le secteur de l'énergie durable, a été classée au deuxième rang parmi les 47 plus grandes entreprises de services publics à capitaux privés du pays dans le Rapport Annuel sur la Décarbonisation des Services Publics du Conseil National des Services Publics (NPUC). Cela marque la deuxième année consécutive où Avangrid a obtenu ce classement élevé.
L'entreprise a obtenu des scores élevés dans cinq des six catégories, se classant première pour les plus faibles émissions de CO2 de la production d'électricité propriété et achetée et les plus faibles émissions de CO2 par équivalent de client résidentiel (RCE). Les émissions d'Avangrid étaient de seulement 0,3 tonne métrique de CO2 par client, bien en dessous de la moyenne de 5,7 tonnes métriques des services publics dans le rapport.
La stratégie ambitieuse de neutralité carbone d'Avangrid est alignée avec les étapes de la SBTi, visant la neutralité carbone pour les émissions de portée 1 et 2 d'ici 2030. L'engagement de l'entreprise en faveur de la décarbonisation et de l'énergie propre a également conduit à sa reconnaissance en tant que l'une des entreprises les plus justes d'Amérique 2024, l'un des leaders climatiques d'Amérique 2024 et l'entreprise la plus durable dans le secteur de l'énergie propre.
Avangrid, Inc. (NYSE: AGR), ein führendes Unternehmen im Bereich nachhaltige Energie, wurde im Jahresbericht zur Dekarbonisierung der Versorgungsunternehmen des National Public Utilities Council (NPUC) insgesamt auf den zweiten Platz unter den 47 größten Investor-owned Utilities des Landes eingestuft. Dies markiert das zweite aufeinanderfolgende Jahr, in dem Avangrid dieses hohe Ranking erreicht hat.
Das Unternehmen erzielte in fünf von sechs Kategorien die höchsten Punktzahlen und belegte den ersten Platz für die niedrigsten CO2-Emissionen aus eigener und gekaufter Stromerzeugung sowie die niedrigsten CO2-Emissionen pro Wohnkundenäquivalent (RCE). Die Emissionen von Avangrid betrugen lediglich 0,3 metrische Tonnen CO2 pro Kunde, was deutlich unter dem Durchschnitt von 5,7 metrischen Tonnen der im Bericht aufgeführten Versorgungsunternehmen liegt.
Die ambitionierte Kohlenstoffneutralitätsstrategie von Avangrid steht im Einklang mit den Meilensteinen der SBTi, die eine Kohlenstoffneutralität bei Scope 1 und 2 Emissionen bis 2030 anstrebt. Das Engagement des Unternehmens für Dekarbonisierung und saubere Energie hat auch zu Anerkennung als eines der am meisten gerechten Unternehmen Amerikas 2024, eines der amerikanischen Klimaführer 2024 und das nachhaltigste Unternehmen der sauberen Energiebranche geführt.
- Ranked second overall among 47 largest investor-owned utilities for decarbonization
- Received highest possible scores in 5 out of 6 categories in the NPUC report
- Ranked first for lowest CO2 emissions from owned and purchased electricity generation
- Achieved lowest CO2 emissions per residential customer equivalent at 0.3 metric tons
- Aims for carbon neutrality in Scope 1 and 2 emissions by 2030
- Recognized as one of America's Most Just Companies 2024 and Climate Leaders 2024
- None.
Insights
Avangrid's top ranking in the NPUC's Utility Decarbonization Report highlights its significant progress in reducing carbon emissions. The company's score of just 0.3 metric tons of CO2 per customer is remarkably low compared to the 5.7 metric ton average among investor-owned utilities. This demonstrates Avangrid's leadership in clean energy transition.
The company's commitment to achieving carbon neutrality for Scope 1 and 2 emissions by 2030 aligns with science-based targets, showing a serious approach to climate action. Avangrid's strategy of expanding renewable energy generation and modernizing grid infrastructure positions it well for future regulatory and market demands.
However, investors should note that aggressive decarbonization efforts may require significant capital expenditures, potentially impacting short-term financial performance. The long-term benefits of this strategy, including reduced regulatory risks and potential new revenue streams from clean energy, likely outweigh these costs for forward-thinking investors.
Report from National Public Utilities Council ranks Avangrid second overall among the country’s 47 largest investor-owned utilities.
“When it comes to decarbonization, Avangrid is leading by example. We are proud to be recognized once again as a top company for decarbonization by the NPUC, further validating our commitment to combating climate change and creating a more sustainable and equitable future,” said Pedro Azagra, Avangrid CEO. “As a member of the Iberdrola Group led by Executive Chairman Ignacio Galán, we are advancing the clean energy transition by growing our portfolio of renewable energy generation, investing in our networks infrastructure and grid modernization, and ensuring the well-being of our customers, employees, and communities.”
Avangrid received the highest possible scores in five of the six categories. It ranked first overall for lowest CO2 emissions from owned and purchased electricity generation and lowest CO2 emissions per residential customer equivalent (RCE). Avangrid came in at just 0.3 metric tons of CO2 per customer, a fraction of the 5.7 metric ton average of investor-owned utilities included in the NPUC’s report.
The NPUC publishes a Utility Decarbonization Report annually to inform, support, and encourage the rapid decarbonization of the utility sector using data-informed analysis. Utilities were ranked using six key metrics related to each utilities’ fuel mix, carbon emissions, decarbonization goals and carbon-free investments. The report’s aim is to “rank companies, not based on how close they are to net zero, but how well they are doing in their efforts to get there in comparison to the others.”
Avangrid has an ambitious carbon neutrality implementation strategy aligned with SBTi (Science Based Target initiative) milestones that were also adopted by Iberdrola, including a goal of achieving carbon neutrality for Scope 1 and 2 emissions by 2030. In addition to its top-two ranking in the NPUC report this year, Avangrid’s decarbonization actions and commitment to clean energy have contributed to Avangrid being named one of America’s Most Just Companies 2024, one of America’s Climate Leaders 2024, and the Most Sustainable Company in the Clean Energy Industry.
About Avangrid: Avangrid, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in
View source version on businesswire.com: https://www.businesswire.com/news/home/20240925923023/en/
Keaton Thomas
Keaton.thomas@avangrid.com
503-956-9621
Source: AVANGRID, Inc.
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