AVANGRID Selected for Inclusion in the S&P Global Clean Energy Index

Source: www.gulfoilandgas.com 10/21/2021, Location: North America

AVANGRID, Inc. has been chosen to be a part of the S&P Global Clean Energy Index, which includes up to 100 clean energy-related companies worldwide. The Index aims to track companies from both developed and emerging markets that produce energy from wind, solar, hydro, and other renewable sources, as well as companies that build and provide clean technology.

We are honored to be included in the S&P Clean Energy Index as it further affirms and recognizes our ESG+F strategy,” said CEO of AVANGRID Dennis Arriola. “AVANGRID is focused on being clean and connected - we see this as a better and balanced way to do business – doing well by doing good for our customers, employees, communities and shareholders.”

As one of the cleanest U.S. utilities and a leader in renewable energy, AVANGRID has committed to the following ESG+F goals:

- Increasing renewable installed capacity by more than 100 percent by 2025 versus 2015.
- Decreasing Greenhouse Gas emissions intensity from owned or controlled sources (Scope 1) by 35 percent by 2025 versus 2015.
- Reducing CO2 emissions by 25% in owned fleet through investments in charging stations and by converting 60 percent of fleet to cleaner energy by 2030 (100% for light duty).
- Reaching 35,000 volunteer hours a year as an AVANGRID community by 2025.
- Increasing annual Supplier Diversity spend to $300 million dollars by 2025 and to have more than half of the company’s strategic suppliers certified as sustainable by 2022.
- Having at least 50% of senior operating roles held by women by 2030.


Denmark >>  5/17/2022 - New partnership between Ørsted and ARK Nature pioneers testing the potential of rewilding principles to restore vital ocean biodiversity as we speed u...
Israel >>  5/16/2022 - The U.S. Department of Energy (DOE), in partnership with Israel's Ministry of Energy and the Israel Innovation Authority, announced $4 million in avai...

United Kingdom >>  5/12/2022 - Partnership links University's technical expertise to the low carbon energy sector

A pioneering research programme bringing together academ...

Russia >>  5/10/2022 - - No Russian gas exports to the EU could slow growth in the EBRD regions by 2.3 per cent
- Short-term increase in energy prices would be the mai...


Denmark >>  5/9/2022 - - The European Commission, Hydrogen Europe and 20 European companies including Topsoe signed a declaration on increasing electrolyzer manufacturing ca...
Germany >>  5/9/2022 - Valmont Industries, Inc., a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through t...




Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.