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Avangrid, Inc. is a prominent American utility company specialising in electricity and renewable energy services. Headquartered in the United States, the company operates across multiple regions, including the northeastern and midwestern United States, serving millions of customers. Founded in 2015 through the merger of Iberdrola USA and UIL Holdings, Avangrid has quickly established itself as a key player in the electricity sector.
The company’s core offerings include electricity distribution, renewable energy generation, and innovative grid management solutions. Its focus on sustainable energy and technological advancement distinguishes Avangrid within the industry. Recognised for its commitment to clean energy initiatives and reliable service, Avangrid holds a notable position in the US electricity market, driving progress towards a more sustainable energy future.
+48 vs industry average
Avangrid’s score of 64 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Electricity from Other Sources is among the most carbon-intensive industries
The Electricity from Other Sources industry has reduced its overall emissions by 36% since 2018
Scope 3 accounts for ••• of total emissions.
Avangrid, a US-headquartered company in the Electricity nec industry, reported Scope 1 emissions of approximately 1.59 billion kg CO2e in 2025, with Scope 2 (location-based) emissions at around 322.34 million kg CO2e, and Scope 3 emissions totalling about 10.26 billion kg CO2e. For 2024, the company's Scope 1 emissions were approximately 1.88 billion kg CO2e, Scope 2 (location-based) emissions were about 333.22 million kg CO2e, and Scope 3 emissions were around 9.32 billion kg CO2e.
Avangrid is committed to achieving carbon neutrality for its Scope 1 and Scope 2 emissions by 2030, a target disclosed in 2023. This climate commitment applies to the entire organisation. The organisation's climate-related initiatives and performance data are largely sourced directly from Avangrid, Inc. However, Avangrid's SBTi, CA100, and RTZ initiatives are cascaded from its ultimate parent company, Iberdrola, S.A.
Access structured emission data, company specific factors and auditable source documents
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
No scope 3 category breakdown has been disclosed yet.


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