Avangrid Named One of America’s Greenest Companies by Newsweek

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Avangrid (NYSE: AGR) has been named one of America's Greenest Companies 2025 by Newsweek, recognizing its commitment to sustainability and clean energy transition. The list evaluates companies on greenhouse gas emissions, water usage, waste generation, and sustainability data disclosure. Avangrid CEO Pedro Azagra emphasized the company's dedication to advancing safe and affordable clean energy strategies.

Avangrid's sustainability focus includes investing in network infrastructure, increasing renewable energy generation, and innovating operations. The company aims to achieve carbon neutrality for Scope 1 and 2 emissions by 2030, aligning with Iberdrola's Science Based Target initiative goal. This recognition follows other recent awards, including being named one of America's Climate Leaders by USA Today and the top utility on the 2024 JUST 100 list.

Recognition is a testament to Avangrid’s commitment to sustainability and dedication to advancing the clean energy transition

ORANGE, Conn.--(BUSINESS WIRE)-- Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, was recently named to the Newsweek list of America’s Greenest Companies 2025, which recognizes the top 500 U.S. companies for advancements in managing their sustainability footprint.

Companies were evaluated and scored on over 25 parameters across the following four categories: greenhouse gas emissions, water usage, waste generation, and sustainability data disclosure and commitments.

“At Avangrid, we pride ourselves on being a leading sustainable company and I am proud to see that reflected in this latest report from Newsweek,” said Pedro Azagra, Avangrid CEO. “By committing to industry-leading sustainability goals, we are advancing safe and affordable clean energy strategies that help responsibly advance society and strengthen the communities we serve.”

Avangrid’s overall success is dependent creating a clean energy future for all. To achieve this, the Company is investing in the reliability and resiliency of its network infrastructure, increasing its generation capacity of renewable energy, and innovating across its operations to create positive outcomes for customers, communities, and the environment.

“Our focus on sustainability is core to every decision we make,” said Laney Brown, Vice President of Sustainability at Avangrid. “As one of the greenest companies in the country, we are dedicated to helping solve critical issues like climate change and protecting biodiversity.”

Avangrid has an ambitious carbon neutrality implementation strategy that is aligned with Iberdrola’s SBTi (Science Based Target initiative) goal. Avangrid’s goal is to achieve carbon neutrality for Scope 1 and 2 emissions by 2030.

Newsweek partnered with Plant-A Insights and GIST Impact to highlight U.S. companies committed to reducing their environmental impact. The ranking is determined through a comprehensive analysis of data from both public and private companies operating in the U.S. To ensure the highest standards, only companies that meet the European Union's stringent sustainability criteria—considered the most advanced globally—were eligible.

This recognition from Newsweek comes on the heels of several other top awards for Avangrid in 2024 related to climate change and sustainability, including being named one of America’s Climate Leaders by USA Today, Climate Change Project of the Year by the Environmental Business Council of New England, and being recognized as the top utility on the 2024 JUST 100 list published by JUST Capital and CNBC.

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241021546555/en/

Media:

Keaton Thomas

Keaton.thomas@avangrid.com

503-956-9621

Source: AVANGRID, Inc.

FAQ

What recognition did Avangrid (AGR) receive from Newsweek in 2025?

Avangrid (AGR) was named to Newsweek's list of America's Greenest Companies 2025, which recognizes the top 500 U.S. companies for advancements in managing their sustainability footprint.

What sustainability goals has Avangrid (AGR) set for 2030?

Avangrid (AGR) aims to achieve carbon neutrality for Scope 1 and 2 emissions by 2030, aligning with Iberdrola's Science Based Target initiative goal.

What areas does Avangrid (AGR) focus on for its sustainability efforts?

Avangrid (AGR) focuses on investing in network infrastructure reliability and resiliency, increasing renewable energy generation capacity, and innovating operations to create positive outcomes for customers, communities, and the environment.

What other sustainability awards did Avangrid (AGR) receive in 2024?

In 2024, Avangrid (AGR) was named one of America's Climate Leaders by USA Today, received the Climate Change Project of the Year award from the Environmental Business Council of New England, and was recognized as the top utility on the 2024 JUST 100 list.