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Avangrid, Inc. (NYSE: AGR) released its 2023 Sustainability Report, showcasing significant progress on over 85% of its sustainability goals. The report includes a new section on Just Transition, highlighting the company's commitment to a fair and inclusive clean energy transition. Avangrid received 14 national and global recognitions in 2023, demonstrating its strong focus on sustainability and environmental impact.
Avangrid, Inc. (NYSE: AGR) ha pubblicato il suo Rapporto sulla Sostenibilità 2023, evidenziando progressi significativi in oltre l'85% dei suoi obiettivi di sostenibilità. Il rapporto include una nuova sezione sulla Transizione Giusta, che mette in luce l'impegno dell'azienda per una transizione energetica pulita, equa e inclusiva. Avangrid ha ricevuto 14 riconoscimenti nazionali e globali nel 2023, dimostrando il suo forte impegno verso la sostenibilità e l'impatto ambientale.
Avangrid, Inc. (NYSE: AGR) ha lanzado su Informe de Sostenibilidad 2023, mostrando un progreso significativo en más del 85% de sus metas de sostenibilidad. El informe incluye una nueva sección sobre Transición Justa, destacando el compromiso de la compañía con una transición energética limpia que sea justa e inclusiva. Avangrid recibió 14 reconocimientos nacionales e internacionales en 2023, demostrando su fuerte enfoque en la sostenibilidad y el impacto ambiental.
Avangrid, Inc. (NYSE: AGR)는 2023년 지속 가능성 보고서를 발표하여 지속 가능성 목표의 85% 이상에서 중요한 진전을 보였습니다. 보고서에는 공정하고 포괄적인 깨끗한 에너지 전환에 대한 회사의 헌신을 강조하는 새로운 절 '정의로운 전환'이 포함되어 있습니다. Avangrid는 2023년에 국가 및 글로벌 인정을 14건 받았으며, 지속 가능성과 환경 영향에 대한 강한 초점을 보여주었습니다.
Avangrid, Inc. (NYSE : AGR) a publié son Rapport de Durabilité 2023, montrant des progrès significatifs sur plus de 85 % de ses objectifs de durabilité. Le rapport comprend une nouvelle section sur la Transition Juste, soulignant l'engagement de la société envers une transition énergétique propre, équitable et inclusive. Avangrid a reçu 14 distinctions nationales et mondiales en 2023, démontrant son fort accent sur la durabilité et l'impact environnemental.
Avangrid, Inc. (NYSE: AGR) hat seinen Nachhaltigkeitsbericht 2023 veröffentlicht, der erhebliche Fortschritte bei über 85% seiner Nachhaltigkeitsziele zeigt. Der Bericht enthält einen neuen Abschnitt über den Gerechten Übergang, der das Engagement des Unternehmens für einen fairen und inklusiven Übergang zu sauberer Energie hervorhebt. Avangrid erhielt im Jahr 2023 14 nationale und globale Anerkennungen, was seinen starken Fokus auf Nachhaltigkeit und Umweltauswirkungen demonstriert.
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Avangrid achieved remarkable year-over-year progress on more than 85% of its sustainability goals
The company's new Sustainability Report includes a Just Transition section dedicated to advancing a fair and inclusive clean energy transition
Avangrid received 14 national and global recognitions in 2023 for its sustainability efforts
The report highlights achievements such as advancing construction of the country's first large-scale offshore wind farm, doubling volunteer hours, and significant investments in climate mitigation and adaptation
The company saw a 39% increase in renewable electricity in corporate buildings from 2022 to 2023
Avangrid was recognized as one of the World's Most Ethical Companies for the fifth consecutive year by Ethisphere
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Company achieves remarkable year-over-year progress on more than 85% of its sustainability goals
Report includes new Just Transition section dedicated to Avangrid’s commitment to advancing a clean energy transition that is fair and inclusive
Highlights how the company’s sustainability efforts led to 14 national and global recognitions in 2023
ORANGE, Conn.--(BUSINESS WIRE)--
Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and a member of the Iberdrola Group, marked Earth Day by announcing strong progress on the company’s sustainability commitments. Avangrid today released its 2023 Sustainability Report, titled “Our journey continues: Advancing the clean energy transition,” which details how Avangrid achieved year-over-year progress on more than 85% of its goals.
“We are more committed than ever to ensuring that we’re doing the right thing for our communities, customers, people and planet,” said Pedro Azagra, Avangrid CEO. “After all, climate change is an unprecedented global challenge that is elevating the need for clean energy solutions around the globe. As you will see in this year’s Sustainability Report, our actions are making a difference to advance decarbonization and accelerate an equitable, accessible transition to clean energy.”
The company’s annual Sustainability Report tracks and highlights Avangrid’s results towards its sustainability commitments and how these actions are creating a clean energy future. The company’s goals include scope 1 and 2 carbon neutrality (by 2030), achieving 12.5 GW emissions-free installed capacity (by 2030), and reaching 35,000 employee volunteer hours (in 2025). Additionally, new to this year’s report is a section dedicated to Avangrid’s commitment to advancing a Just Transition. This section outlines how Avangrid is working toward a Just Transition that greens the economy in a way that is fair and inclusive.
Among the 2023 accomplishments highlighted in the report, Avangrid achieved:
Advancing construction of the country’s first large-scale offshore wind farm Vineyard Wind 1, leading to the project exporting recurrent power into New England on January 2 of this year.
Investing $185 million in climate mitigation and adaption to helping build a smarter, stronger grid protected from the increasingly significant impacts of extreme weather events.
Growth from 5% in 2022 to 44% in 2023 in renewable electricity in corporate buildings.
Launching a workforce development partnership with Utility Workers Union of America Local 407-1 and two technical high schools in Connecticut to ready the next generation of lineworkers.
Spending $284 million with diverse suppliers in 2023 – a 45% increase from the prior year.
“At Avangrid, our focus on sustainability is core to every decision we make, and our business is guided and strengthened by our sustainability commitments,” said Laney Brown, vice president of sustainability at Avangrid. “I’m very proud of the progress we’ve made in the last year and excited to release our 2023 Sustainability Report that details our actions. As we look to the future, we’ll continue to address critical issues like climate change, protecting biodiversity, building opportunities for our employees and helping our communities access the resources they need to thrive.”
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.
What does Avangrid's 2023 Sustainability Report highlight?
Avangrid's 2023 Sustainability Report showcases significant progress on over 85% of its sustainability goals, including a new section on Just Transition and 14 national and global recognitions.
What are some accomplishments mentioned in Avangrid's 2023 Sustainability Report?
The report highlights achievements such as advancing construction of the country's first large-scale offshore wind farm, doubling volunteer hours, significant investments in climate mitigation and adaptation, and being named one of America's Climate Leaders.
What recognition did Avangrid receive in 2023 for its sustainability efforts?
Avangrid was named one of America's Climate Leaders by USA Today and recognized as one of the World's Most Ethical Companies for the fifth year in a row by Ethisphere.
What is Avangrid's goal for scope 1 and 2 carbon neutrality?
Avangrid aims to achieve scope 1 and 2 carbon neutrality by 2030.
avangrid, inc. (nyse: agr) is a diversified energy and utility company with more than $30 billion in assets and operations in 25 states. the company operates regulated utilities and electricity generation through two primary lines of business. avangrid networks includes eight electric and natural gas utilities, serving 3.1 million customers in new york and new england. avangrid renewables operates 6.3 gigawatts of electricity capacity, primarily through wind power, in states across the united states. avangrid employs 7,000 people. the company was formed by a merger between iberdrola usa and uil holdings corporation in 2015. iberdrola s.a. (madrid: ibe), a worldwide leader in the energy industry, owns 81.5% of avangrid.
