Avangrid Fully Implements Company-Wide Return to Office Policy
30 September 2024 - 10:43PM
Business Wire
Avangrid, a leading sustainability company
operating in 24 states, is an industry leader with its
return-to-work policy
Together, the company’s 8,000 employees are
better able to collaborate, innovate and maximize the potential of
Avangrid’s talented teams
Avangrid, a leading sustainable energy company and member of the
Iberdrola Group, announced today that the company has fully
implemented its return-to-office policy, concluding remote work
arrangements developed during the COVID-19 pandemic.
The return-to-office policy was instituted in early 2024 as a
way to maximize efficiency, agility, and increased engagement of
its workforce of more than 8,000 employees. With a presence in 24
states, Avangrid is at the forefront of America’s clean energy
transition, and regular, face-to-face collaboration among this
impressive workforce will help ensure the company’s continued
success.
“During the pandemic, Avangrid developed industry-leading models
for working safely while maintaining productivity and company
success,” said Avangrid CEO, Pedro Azagra. “However, with the
incredible number of investments we are making in the 24 states in
which we operate, bringing our world-class talent back together
in-person will allow us to maximize the potential of our teams to
benefit the communities we serve.”
Since implementing this policy in early 2024, Avangrid has seen
a 70% increase in occupancy of its nine main offices, averaging
nearly 2,000 employees at these locations every day.
“We acknowledged that this would be an adjustment for our
employees and have worked strategically to help ease the transition
by providing advanced notice of the return, establishing a feedback
loop, and implementing additional resources to help support the
transition,” said Kay Johnson, Vice President People Operations
& Employee Experience for Avangrid. “We are also using this
opportunity to accelerate the investments we are making in our
facilities across the country.”
Coinciding with the return to office policy, Avangrid also
expanded its commuter benefits and renewed its commitment to
industry leading incentives for sustainable forms of
transportation.
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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240930002748/en/
Media:
Leo Rosales leo.rosales@avangrid.com
Avangrid (NYSE:AGR)
Historical Stock Chart
Von Feb 2025 bis Mär 2025
Avangrid (NYSE:AGR)
Historical Stock Chart
Von Mär 2024 bis Mär 2025