{"id":760503,"date":"2023-05-25T10:41:03","date_gmt":"2023-05-25T14:41:03","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/avangrid-chairman-ignacio-galan-receives-the-esg-leadership-award-from-the-foreign-policy-association-in-new-york\/"},"modified":"2023-05-25T10:41:03","modified_gmt":"2023-05-25T14:41:03","slug":"avangrid-chairman-ignacio-galan-receives-the-esg-leadership-award-from-the-foreign-policy-association-in-new-york","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/avangrid-chairman-ignacio-galan-receives-the-esg-leadership-award-from-the-foreign-policy-association-in-new-york\/","title":{"rendered":"Avangrid Chairman Ignacio Gal\u00e1n Receives the ESG Leadership Award from The Foreign Policy Association in New York"},"content":{"rendered":"

<\/p>\n

Avangrid Chairman Ignacio Gal\u00e1n Receives the ESG Leadership Award from The Foreign Policy Association in New York<\/b><\/p>\n

ORANGE, Conn.–(BUSINESS WIRE<\/a>)–
\nIgnacio Gal\u00e1n, the Executive Chairman of Iberdrola, and Chairman of its U.S. subsidiary Avangrid, Inc. (NYSE: AGR), has become the inaugural recipient of The Foreign Policy Association\u2019s ESG Leadership Award during their annual dinner at New York\u2019s Harvard Club.<\/p>\n

This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230525005547\/en\/<\/a><\/p>\n

\"Avangrid<\/p>\n

Avangrid Chairman Ignacio Gal\u00e1n Receives the ESG Leadership Award from The Foreign Policy Association in New York<\/p>\n<\/div>\n

\nThe newly created award recognises business leaders who have demonstrated a firm commitment to ensuring that ESG + F (Environmental, Social & Governance + Financial Performance) principles are embedded as a core pilar of business strategy.<\/p>\n

\nOther award recipients on the evening included General Mark A. Milley, the 20th Chairman of the Joint Chiefs of Staff and the highest-ranking military officer in the U.S., as well as Joaquin Duato, Chairman & CEO of Johnson & Johnson.<\/p>\n

\nMr Gal\u00e1n was honoured by Governor George Pataki, New York\u2019s 53rd Governor, who served in office between 1996 and 2006.<\/p>\n

\nDuring his speech, Governor Pataki noted that if there is one word to describe Mr Gal\u00e1n, it is “visionary.”<\/p>\n

\nThe Governor said that a sense of social responsibility has guided Mr Gal\u00e1n all the way through Iberdrola\u2019s growth over the years and that he has led the way in the next generation of renewable energy.<\/p>\n

\nHe concluded by saying that Mr Gal\u00e1n’s vision has made Iberdrola the clean powerhouse it is, but in the process, inspired and challenged other utilities and other companies to share that sense of social responsibility.<\/p>\n

\nAccepting the award, Ignacio Gal\u00e1n, said: \u201cI am very grateful to the Foreign Policy Association. I greatly admire all of the positive work that the association has been delivering for many years.<\/p>\n

\n\u201cIberdrola\u2019s commitment to ESG principles has always been driven by our own internal belief that we must do all that we can to achieve a positive impact in the communities that we serve. This is why we included the Sustainability Development Goals in our corporate by-laws and created the concept of a social dividend.<\/p>\n

\n\u201cAs we continue to invest and grow in the years ahead, we remain committed to demonstrating that decarbonization is fully compatible with value creation.”<\/p>\n

\nUnder Mr Gal\u00e1n`s leadership over the past two decades, Iberdrola has invested over $150 billion to drive the transition to clean energy. The company\u2019s investment strategy has been coupled with a full commitment to the creation of sustainable value for all its stakeholders (\u201cSocial dividend\u201d). In 2022 alone Iberdrola welcomed 4,700 new hires into the group, and its activities around the world now support 400,000 jobs. Iberdrola\u2019s purchases with suppliers exceeded $19 billion in 2022, and over $8 billion was paid in taxation globally, supporting public finances.<\/p>\n

\nIberdrola\u2019s focus on renewable energy and smart grid networks has placed it at the forefront of the energy transition. In the last two decades, the company has grown from the 20th largest electricity utility in the world, to the second largest by market cap, at the same time as leading the industry in climate ambition.<\/p>\n

\nMr Gal\u00e1n has overseen the closure of all of Iberdrola\u2019s 17 coal and fuel oil plants across the world at the same time as establishing an industry leading renewable energy capacity of 40,000 megawatts (MW).<\/p>\n

More than $50 billion of investments is planned between 2023 and 2025<\/a>, which will underpin the company\u2019s ambitious Climate Action Plan. Iberdrola aims to achieve carbon neutrality for scopes 1 and 2 by 2030 and net-zero emissions before 2040 for all scopes.<\/p>\n

\nThe Foreign Policy Association is a non-partisan organization that has been working for over 100 years to help develop awareness, understanding, and informed opinion on U.S. foreign policy and global issues. The FPA aims to encourage citizens to participate in the foreign policy process.<\/p>\n

About Avangrid:<\/b> Avangrid, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $41 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 more than 7,500 people and has been recognized by JUST Capital in 2021, 2022 and 2023 as one of the JUST 100 companies \u2013 a ranking of America\u2019s best corporate citizens. In 2023, Avangrid ranked first within the utility sector for its commitment to the environment. The company supports the U.N.\u2019s Sustainable Development Goals and was named among the World\u2019s Most Ethical Companies in 2023 for the fifth 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<\/a>.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230525005547\/en\/<\/a><\/span><\/p>\n

Media:
\n<\/b>
Sarah Warren
\n
sarah.warren@avangrid.com
\n<\/a>
585-794-9253<\/p>\n

KEYWORDS:<\/b> United States North America New York Connecticut<\/p>\n

INDUSTRY KEYWORDS:<\/b> Professional Services Environmental, Social and Governance (ESG) Utilities Environment Sustainability Alternative Energy Energy<\/p>\n

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Avangrid Chairman Ignacio Gal\u00e1n Receives the ESG Leadership Award from The Foreign Policy Association in New York<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Avangrid Chairman Ignacio Gal\u00e1n Receives the ESG Leadership Award from The Foreign Policy Association in New York ORANGE, Conn.–(BUSINESS WIRE)– Ignacio Gal\u00e1n, the Executive Chairman of Iberdrola, and Chairman of its U.S. subsidiary Avangrid, Inc. (NYSE: AGR), has become the inaugural recipient of The Foreign Policy Association\u2019s ESG Leadership Award during their annual dinner at New York\u2019s Harvard Club. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230525005547\/en\/ Avangrid Chairman Ignacio Gal\u00e1n Receives the ESG Leadership Award from The Foreign Policy Association in New York The newly created award recognises business leaders who have demonstrated a firm commitment to ensuring that ESG + F (Environmental, Social & Governance + Financial Performance) principles are embedded as a core pilar … <\/p>\n

Continue reading “Avangrid Chairman Ignacio Gal\u00e1n Receives the ESG Leadership Award from The Foreign Policy Association in New York”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-760503","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nAvangrid Chairman Ignacio Gal\u00e1n Receives the ESG Leadership Award from The Foreign Policy Association in New York - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/avangrid-chairman-ignacio-galan-receives-the-esg-leadership-award-from-the-foreign-policy-association-in-new-york\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Avangrid Chairman Ignacio Gal\u00e1n Receives the ESG Leadership Award from The Foreign Policy Association in New York - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Avangrid Chairman Ignacio Gal\u00e1n Receives the ESG Leadership Award from The Foreign Policy Association in New York ORANGE, Conn.–(BUSINESS WIRE)– Ignacio Gal\u00e1n, the Executive Chairman of Iberdrola, and Chairman of its U.S. subsidiary Avangrid, Inc. (NYSE: AGR), has become the inaugural recipient of The Foreign Policy Association\u2019s ESG Leadership Award during their annual dinner at New York\u2019s Harvard Club. This press release features multimedia. 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(NYSE: AGR), has become the inaugural recipient of The Foreign Policy Association\u2019s ESG Leadership Award during their annual dinner at New York\u2019s Harvard Club. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230525005547\/en\/ Avangrid Chairman Ignacio Gal\u00e1n Receives the ESG Leadership Award from The Foreign Policy Association in New York The newly created award recognises business leaders who have demonstrated a firm commitment to ensuring that ESG + F (Environmental, Social & Governance + Financial Performance) principles are embedded as a core pilar … Continue reading \"Avangrid Chairman Ignacio Gal\u00e1n Receives the ESG Leadership Award from The Foreign Policy Association in New York\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/avangrid-chairman-ignacio-galan-receives-the-esg-leadership-award-from-the-foreign-policy-association-in-new-york\/","og_site_name":"Market Newsdesk","article_published_time":"2023-05-25T14:41:03+00:00","og_image":[{"url":"https:\/\/mms.businesswire.com\/media\/20230525005547\/en\/1803475\/4\/Chairman_Ignacio_Gal%C3%A1n_ESG_Leadership_Award.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/avangrid-chairman-ignacio-galan-receives-the-esg-leadership-award-from-the-foreign-policy-association-in-new-york\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/avangrid-chairman-ignacio-galan-receives-the-esg-leadership-award-from-the-foreign-policy-association-in-new-york\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Avangrid Chairman Ignacio Gal\u00e1n Receives the ESG Leadership Award from The Foreign Policy Association in New York","datePublished":"2023-05-25T14:41:03+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/avangrid-chairman-ignacio-galan-receives-the-esg-leadership-award-from-the-foreign-policy-association-in-new-york\/"},"wordCount":922,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/avangrid-chairman-ignacio-galan-receives-the-esg-leadership-award-from-the-foreign-policy-association-in-new-york\/#primaryimage"},"thumbnailUrl":"https:\/\/mms.businesswire.com\/media\/20230525005547\/en\/1803475\/4\/Chairman_Ignacio_Gal%C3%A1n_ESG_Leadership_Award.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/avangrid-chairman-ignacio-galan-receives-the-esg-leadership-award-from-the-foreign-policy-association-in-new-york\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/avangrid-chairman-ignacio-galan-receives-the-esg-leadership-award-from-the-foreign-policy-association-in-new-york\/","name":"Avangrid Chairman Ignacio Gal\u00e1n Receives the ESG Leadership Award from The Foreign Policy Association in New York - 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