Avangrid Ranks First Among Utilities on 2024 JUST 100

Core Insights - Avangrid, Inc. has been recognized for the fourth consecutive year on the annual JUST 100 list, ranking first among utilities and improving its overall ranking to 12 from 45 in 2023 [1][7] - The company achieved leading scores in key areas such as human rights, community development, ethical leadership, and climate change, reflecting its commitment to stakeholders [1][2] Company Overview - Avangrid operates with approximately $41 billion in assets across 24 U.S. states, serving over 3.3 million customers through its electric and natural gas utilities [6][7] - The company is part of the Iberdrola Group and has been recognized as one of the World's Most Ethical Companies for five consecutive years [7] JUST Capital Rankings - The JUST 100 rankings evaluate the performance of the largest U.S. corporations based on public opinion regarding responsible corporate behavior, covering 20 key issues [2][4] - Companies in the JUST 100 outperform their Russell 1000 peers in various metrics, including a 4% higher profit margin and 2.9% higher return on equity [3] Stakeholder Performance - JUST Capital's research indicates that companies in the JUST 100 pay 11.8 percentage points more of their workers a family-sustaining living wage and provide more career development training [3] - The top companies also demonstrate significant environmental benefits, such as emitting 42% less CO2 per revenue dollar and using 29.6 percentage points more renewable energy [3]