ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Avangrid’s Onshore Business Achieves First Ever Joint Health & Safety and Environmental Certifications

International Organization for Standardization (ISO) certifications of environmental management and occupational health and safety reinforce Avangrid’s commitment to environmental stewardship and employee safety

Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, has achieved a joint certification in ISO 14001 and ISO 45001 for its Onshore Renewables business, becoming one of the first businesses within the Iberdrola Group to do so. ISO 14001 is for environmental management systems and ISO 45001 is for occupational health and safety systems.

“We are incredibly proud to achieve this joint certification under ISO 14001 and ISO 45001. This demonstrates our unwavering commitment to the health and safety of our staff and to Avangrid maintaining the highest levels of environmental stewardship across our renewable energy project fleet,” said Pedro Azagra, Avangrid CEO. “This is yet another example of Avangrid, and the Iberdrola Group at large, dedicating itself to continuous improvement and leading the energy industry.”

Auditors from Bureau Veritas, Avangrid’s external registrar, spent 31 days examining Avangrid’s renewable energy operations, visiting 10 clean energy sites and the business’s Portland, Oregon office. While Avangrid has achieved ISO 45001 certification in the past, this was the first time the business audited its environmental management systems. This was also the first time the audit included both operational and construction sites.

"We are pleased to grant Avangrid with this combined certification, which illustrates the Group's societal commitment and continuous improvement efforts,” said Laurent Croguennec, Vice President at Bureau Veritas Certification North America, Inc. “In a rapidly evolving world, this recognition demonstrates how Avangrid builds resilience into its activities and daily operations, minimizing its environmental and social impact."

The audit team identified several areas where the Onshore business was deemed “excellent”, including the competency development programs provided through the new National Training Center (including its dedicated resources and structured training programs), platforms provided to ensure proactive incident reporting, the Management of Change process, monitoring and reporting of Environmental Health and Safety (EH&S) reporting metrics, the corporate level of EH&S support provided to Renewables sites, housekeeping and industrial hygiene across sites, ergonomic trainings and awareness programs, management and evaluation of permitting compliance, and more.

Avangrid’s onshore business has over 9.0 GW of installed clean energy capacity spread across more than 75 project sites in 22 states.

About Avangrid: Avangrid, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $45 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.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.