Financial News
Avangrid Earns 2024 Military Friendly Employer Designation
Signifies Avangrid’s unwavering commitment to supporting the military community and fostering an inclusive workplace environment
Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and a member of the Iberdrola Group, announced today that is has earned the Military Friendly Employer designation. Additionally, Avangrid taken the Military Friendly pledge to solidify the company’s vested interest and commitment to the military community.
"At Avangrid, we recognize the extraordinary dedication and skills that military personnel bring to our workforce,” said Pedro Azagra, Avangrid CEO. “Earning the Military Friendly Employer designation is an honor and reflects our commitment to providing veterans with a supportive environment where they can thrive. We are dedicated to harnessing the unique talents of our veterans, ensuring that their transition into the civilian workforce is not just seamless, but also rewarding."
The Military Friendly Employer designation measures an organization’s commitment, effort, and success in creating sustainable and meaningful benefits for the military community. As a Military Friendly employer, Avangrid has been recognized for its commitment to serving the military and veteran community through the company’s policies, practices, and outcomes in six critical areas. Those include support and retention; opportunity and advancement; hiring and onboarding; culture and commitment; policies and compliance; and recruiting and sourcing.
Avangrid is committed to support its employees who serve or have served in the military through the company’s extensive health and wellbeing programs, vibrant employee communities and opportunities to learn and grow. This includes Avangrid’s military policy, which supports and assists those in the uniformed services by providing pay and benefits that exceed federal requirements. Additionally, Avangrid has a business resource group—AVAN-Veterans—dedicated to promoting career development and enrichment for Avangrid employees who have served. This group is open to all employees and provides community building, networking, and professional development. This group hosts a regular coffee chat series where they support locally owned businesses and hold recruitment events focused on helping veterans transition out of active duty and into the workforce.
About Avangrid: Avangrid, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $46 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/20240923736970/en/
Contacts
Media:
Keaton Thomas
Keaton.thomas@avangrid.com
503-956-9621
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