Avangrid Named Handshake Early Talent Award Winner

Rhea-AI Summary

Avangrid (NYSE: AGR), a sustainable energy firm and part of the Iberdrola Group, has been awarded the 2024 Handshake Early Talent Award. This accolade recognizes top employers for Gen Z employees aged up to 26 years.

Avangrid excelled in areas such as event engagement and career fairs, outperforming industry counterparts with three times more RSVPs and perfect scores in one-on-one sessions. Additionally, the company scored 7% higher than average in early identification messaging.

Avangrid's CEO, Pedro Azagra, emphasized the importance of early career recruitment for fostering innovation and future leadership. This marks the second recognition for Avangrid's early career programs in 2023, having been named among the Top 50 Midsize Early Career Programs by RippleMatch in January.

Positive

• Avangrid won the 2024 Handshake Early Talent Award, a prestigious recognition for top employers for Gen Z employees.
• The company received three times more RSVPs on average than other industry winners in events.
• Avangrid scored a perfect score in filling one-on-one sessions at career fairs.
• The company scored 7% higher than the winning company average on early identification messaging.
• This is the second recognition for Avangrid's early career programs in 2023, following a Top 50 Midsize Early Career Programs award by RippleMatch in January.
• Recognition by Handshake highlights the company’s effective engagement strategies and strong brand resonance among early career job seekers.

Negative

• The press release did not disclose any direct financial benefits or immediate impacts on stock performance from winning the 2024 Handshake Early Talent Award.
• No specific data on long-term retention or advancement of early career hires was provided, which could affect the overall assessment of the program's effectiveness.

Recognition celebrates the country’s best employers for Gen Z employees looking to launch and expand their careers

ORANGE, Conn.--(BUSINESS WIRE)-- Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and a member of the Iberdrola Group, announced today that it has earned a 2024 Handshake Early Talent Award (ETA). This recognition celebrates the country’s best employers for Gen Z employees (college students to 26-year-olds) looking to launch and expand their careers.

“Recruiting early career talent is essential for our long-term success,” said Pedro Azagra, Avangrid CEO. “Early career professionals bring fresh perspectives and innovative ideas, they contribute to a more diverse workforce, and they create a pipeline of future leaders. We are honored to earn this award from Handshake and look forward to continuing to expand our recruitment efforts and cultivate relationships with job seekers.”

Handshake is a top job platform for early career job seekers used by college students and recent graduates. Now in their fourth year, the ETAs celebrate the best employers that are driving positive career outcomes and standing out with emerging talent. Winners are chosen for their brand resonance, engaging effectively, actively participating in career fairs and recruitment events, and maintaining year-round relationships with students.

Avangrid is one of a select group in its industry to be recognized out of 900,000+ employers using Handshake. Specifically, Avangrid shined in events, receiving three times more RSVPs on average than winning companies in the industry, and in career fairs, receiving a perfect score by filling all one-on-one sessions. Avangrid also scored 7% higher than the winning company average on early identification messaging, highlighting the company’s dedication to building relationships over time.

This is the second time this year that Avangrid has been recognized for its early career programs. In January, Avangrid was selected among the Top 50 Midsize Early Career Programs by RippleMatch for the company’s Internship and Global Graduate program.

About Avangrid: Avangrid, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $45 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 as one of the JUST 100 companies – a ranking of America’s best corporate citizens – in 2024 for the fourth consecutive year. 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 Handshake: Handshake’s mission is to democratize access to opportunity, and Handshake is the best place to start or accelerate a career—no connections, experience, or luck required. Our community includes 15M+ students and young alumni from 1,500+ educational institutions, including four-year colleges, community colleges, boot camps, and 300+ minority-serving institutions. We connect emerging talent with 900K+ employers—from Fortune 500 companies to thousands of public school districts, healthcare systems, nonprofits, and more.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240515315594/en/

Media Contact:

Sarah Warren

sarah.warren@avangrid.com

585-794-9253

Source: AVANGRID, Inc.

FAQ

What is the 2024 Handshake Early Talent Award that Avangrid won?

The 2024 Handshake Early Talent Award recognizes top employers for Gen Z employees, celebrating companies that stand out in engaging and recruiting early career job seekers.

Why did Avangrid receive the 2024 Handshake Early Talent Award?

Avangrid received the award for its excellence in event engagement, career fairs, and early identification messaging, outperforming industry counterparts.

How did Avangrid perform in comparison to other companies in events?

Avangrid received three times more RSVPs on average than other winning companies in the industry.

What was Avangrid's performance in career fairs?

Avangrid scored a perfect score by filling all one-on-one sessions at career fairs.

How did Avangrid score in early identification messaging?

Avangrid scored 7% higher than the winning company average in early identification messaging.

Has Avangrid received other recognitions for its early career programs?

Yes, Avangrid was also named among the Top 50 Midsize Early Career Programs by RippleMatch in January 2023.