AVANGRID Recognized Among World’s Most Sustainable Companies

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AVANGRID Recognized Among World’s Most Sustainable Companies

AVANGRID Recognized Among World’s Most Sustainable Companies

Source: https://finance.yahoo.com/news/avangrid-recognized-among-world-most-141800109.html

AVANGRID, Inc., a leading sustainable energy company and member of the Iberdrola Group, has announced it is one of two U.S. electric utilities to be named to the 2023 Sustainability Yearbook, S&P Global’s annual and comprehensive listing of the world’s most sustainable companies. This is the company’s third consecutive year appearing on the prestigious list. "AVANGRID has and continues to demonstrate leadership in all aspects of ESG," said Pedro Azagra, CEO of AVANGRID. "We believe that our strong track record of ESG commitments and execution against our goals ensures that we are a key company to lead the clean energy transition. We also benefit from the leadership Iberdrola, whose expertise is illustrated by their rank within the top 5% of S&P Global ESG Scores in the 2023 Yearbook. Our commitment to sustainability influences all of our actions, investments and strategies." "AVANGRID continuously demonstrates that clean energy is not just a beneficial outcome for the environment, but also for society," said Laney Brown, vice president of sustainability at AVANGRID. "Our ESG position is not new, and we’re proud of what we’ve accomplished—we are consistently recognized for our governance and compliance work, we’ve maintained emissions intensity levels that are six-times lower than the US average for more than six years, and we’re aggressively moving forward with carbon reduction. Being named a Yearbook member is an honor and demonstrates our actions are making an impactful difference."