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. states, Avangrid has two primary lines of business: networks and renewables. Headquartered in Orange, CT with approximately $41 billion in assets and operations in 24 U.S. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States. To view the full list of America’s Climate Leaders 2023, click here.Ībout Avangrid: Avangrid, Inc. Scope 2 emissions include indirect greenhouse emissions associated with the generation of purchased energy consumed by the Avangrid.Īmerica’s Climate Leaders 2023 were selected based on two-step process:Īpplication and Research Phase: Companies could be included on the list by applying online or by having the necessary data publicly available.ĭata Analysis and Scoring Phase: For all companies meeting the inclusion criteria, the year-over-year reduction in emissions intensity (compound annual reduction rate) was calculated. Scope 1 emissions include all direct greenhouse emissions from sources that are owned or controlled by Avangrid, including power generation facilities, offices and other facilities, and fleet vehicles. average with a 28% reduction in CO2 emissions intensity for 2022 (compared to 2015). Avangrid’s emissions intensity in 2022 was more than eight times lower than the U.S. Together with Iberdrola, Avangrid is truly leading the way in the transformation to a clean, renewable energy future.”Īvangrid has continued to maintain an emissions intensity that is at least six times lower than the U.S. This commitment is aligned with Iberdrola’s emissions goals, which have been certified by the prestigious Science-Based Targets Initiative. Today, we plan to reach scopes 1 and 2 carbon neutrality by 2030, ahead of most other major U.S. Since Avangrid’s formation, we have significantly lowered our emissions intensity, which already outperformed the power sector. “Driving decarbonization takes bold commitments and equally bold action. “We’re very proud of this honor by USA Today-it demonstrates that our company is making a difference in the fight against climate change,” said Pedro Azagra, Avangrid CEO. It is presented by USA Today and Statista Inc., the world-leading statistics portal and industry ranking provider. This prestigious list includes the top 400 companies across the United States that have achieved the greatest reduction in their core emissions (scopes 1 and 2) intensity between 20. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, announced today it has been named on the USA Today’s first ever list of America’s Climate Leaders 2023. ORANGE, Conn.-( BUSINESS WIRE)-Avangrid, Inc.
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