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Forbes Names Avangrid Among America’s Best Employers for Diversity

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Avangrid, Inc. (NYSE: AGR), a sustainable energy company, has been recognized by Forbes as one of America’s Best Employers for Diversity 2024. The company focuses on diversity, equity, and inclusion through various initiatives, including employee surveys, DEI Executive Council, and Business Resource Groups. Avangrid is committed to increasing diverse representation, promoting equitable opportunities, and establishing pathways for community and connection.
Avangrid, Inc. (NYSE: AGR), una società di energia sostenibile, è stata riconosciuta da Forbes come uno dei migliori datori di lavoro in America per la diversità nel 2024. L'azienda si concentra sulla diversità, equità e inclusione attraverso varie iniziative, tra cui sondaggi tra i dipendenti, il Consiglio Esecutivo DEI e i Gruppi di Risorse Aziendali. Avangrid è impegnata ad aumentare la rappresentanza diversificata, promuovere opportunità equitative ed stabilire percorsi per la comunità e la connessione.
Avangrid, Inc. (NYSE: AGR), una compañía de energía sostenible, ha sido reconocida por Forbes como uno de los mejores empleadores de América para la diversidad en 2024. La compañía se enfoca en la diversidad, equidad e inclusión a través de varias iniciativas, que incluyen encuestas a empleados, el Consejo Ejecutivo de DEI y los Grupos de Recursos Empresariales. Avangrid está comprometida con aumentar la representación diversa, promover oportunidades equitativas y establecer caminos para la comunidad y la conexión.
Avangrid, Inc. (NYSE: AGR), 지속 가능한 에너지 회사로, 2024년 포브스가 선정한 미국 최고의 다양성 고용주 중 한 곳으로 인정받았습니다. 이 회사는 직원 설문조사, DEI 이사회, 비즈니스 리소스 그룹을 포함한 다양한 이니셔티브를 통해 다양성, 공평성 및 포용성에 중점을 둡니다. Avangrid는 다양한 대표성을 증가시키고, 공정한 기회를 촉진하며, 커뮤니티 및 연결을 위한 경로를 구축하는 데 전념하고 있습니다.
Avangrid, Inc. (NYSE: AGR), une entreprise d'énergie durable, a été reconnue par Forbes comme l'un des meilleurs employeurs d'Amérique pour la diversité en 2024. L'entreprise se concentre sur la diversité, l'équité et l'inclusion à travers diverses initiatives, y compris des sondages auprès des employés, le conseil exécutif DEI et les groupes de ressources d'entreprise. Avangrid s'engage à accroître la représentation diverse, à promouvoir des opportunités équitables et à établir des voies pour la communauté et la connexion.
Avangrid, Inc. (NYSE: AGR), ein nachhaltiges Energieunternehmen, wurde von Forbes als einer der besten Arbeitgeber Amerikas für Vielfalt 2024 anerkannt. Das Unternehmen konzentriert sich durch verschiedene Initiativen, einschließlich Mitarbeiterumfragen, DEI-Exekutivrat und Business-Ressourcengruppen, auf Diversität, Gerechtigkeit und Inklusion. Avangrid setzt sich dafür ein, vielfältige Repräsentation zu erhöhen, gerechte Chancen zu fördern und Wege für Gemeinschaft und Verbindung zu etablieren.
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Selected for commitment to diversity, equity and inclusion best practices

ORANGE, Conn.--(BUSINESS WIRE)-- Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and a member of the Iberdrola Group, has been named to Forbes list of America’s Best Employers for Diversity 2024. This annual list researches and reviews companies’ diversity, equity and inclusion (DEI) best practices and conducts anonymous employee surveys.

“We’re focused on creating a workplace where talented and committed employees build meaningful, long-term careers,” said Pedro Azagra, Avangrid CEO. “We accomplish this by fostering a workplace culture that seeks out diverse perspectives, values continuous improvement, and recognizes and rewards behaviors and ideas that prepare our employees to meet the challenges of the future. Earning this honor from Forbes confirms that we are on the right path and that our actions are making a difference.”

To build, sustain and empower a diverse workforce with a rich mix of differences, Avangrid prioritizes DEI initiatives in three areas: increasing diverse representation, especially in leadership positions; promoting equitable opportunities to grow and develop; and establishing pathways for community and connection with others. To further this mission, last year Avangrid launched a DEI Executive Council to advocate for DEI across the organization. The company also introduced a required “Inclusion at Work” training course to empower Avangrid employees with the knowledge and skills necessary to foster an inclusive workplace.

Additionally, Avangrid has seven Business Resource Groups (BRGs) that provide spaces for employees from different cultures, ethnicities, identities and backgrounds to celebrate who they are while raising important issues in a supportive environment. BRGs are open to all employees, either as members or allies, and are actively involved in helping Avangrid build and sustain a diverse workforce with an inclusive culture. Avangrid’s BRGs are: Avangrid African American Council for Excellence (AAACE), Avangrid Coalition for Asian Pacific Americans (ACAPA), AVAN-Veterans, CARE (Avangrid Community for all Abilities and Resource for Excellence), HOLA (Hispanic Organization for Leadership and Awareness), Pride@Avangrid, and WomENergy.

“There is a shift happening in the utility industry,” said Kyra Patterson, senior vice president and chief human resources officer. “We must provide an environment that attracts diversity, offers development opportunities, promises career growth and nurtures employee engagement—thereby driving and delivering employee retention. We see ourselves as a destination employer, and we will continue to ask all to help create and support this focus. This will be critically important, not just for today, but also for our next 100 years as a leading clean energy company.”

Avangrid is also actively involved with key public memberships focused on DEI. The company signed onto Paradigm for Parity in 2021, a coalition of organizations dedicated to addressing the systemic gender and racial gaps in the corporate sector. Additionally, the company is part of CEO Action for Diversity & Inclusion, pledging to support a more inclusive workplace for employees, communities and society at large. Avangrid has committed to several aspirational goals to build diversity in its workforce, including having 40% women in executive positions by 2025 and having 50% women in senior leader positions by 2030.

To create this seventh annual list, Forbes partnered with Statista, a market research firm that independently surveyed more than 170,000 individuals working for organizations with at least 1,000 employees within the United States. The participants were asked to anonymously rate their employers on the organization’s approach to diversity as it pertains to such criteria as age, gender, ethnicity, disability, sexual orientation and general diversity.

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.

Media:

Sarah Warren

sarah.warren@avangrid.com

585-794-9253

Source: AVANGRID, Inc.

FAQ

What recognition did Avangrid receive from Forbes?

Avangrid was named one of America’s Best Employers for Diversity 2024 by Forbes.

How does Avangrid prioritize diversity, equity, and inclusion?

Avangrid prioritizes DEI initiatives by increasing diverse representation, promoting equitable opportunities, and establishing pathways for community and connection.

What are some of the initiatives Avangrid has implemented to support diversity and inclusion?

Avangrid has implemented initiatives such as the DEI Executive Council, 'Inclusion at Work' training course, and Business Resource Groups (BRGs) to support diversity and inclusion.

What are the names of Avangrid's Business Resource Groups (BRGs)?

Avangrid's BRGs are: Avangrid African American Council for Excellence (AAACE), Avangrid Coalition for Asian Pacific Americans (ACAPA), AVAN-Veterans, CARE (Avangrid Community for all Abilities and Resource for Excellence), HOLA (Hispanic Organization for Leadership and Awareness), Pride@Avangrid, and WomENergy.

What are some of Avangrid's goals related to diversity in its workforce?

Avangrid has committed to goals such as having 40% women in executive positions by 2025 and 50% women in senior leader positions by 2030.

Avangrid, Inc.

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About AGR

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.