Avangrid Inc

Lobbying Transparency and Governance

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Direct Lobbying Transparency
Overall Assessment Comment Score
Comprehensive Avangrid is highly transparent about its climate-policy advocacy. It names numerous concrete measures it has worked on, including the Inflation Reduction Act, the Infrastructure Investment and Jobs Act, New York’s Utility Corporation Securitization Act, Maine’s LD 1959 on integrated grid planning, New York’s Renewing the Energy Vision framework and resiliency plans, as well as federal issues such as carbon-sequestration credits, renewable-energy tax incentives and streamlined transmission permitting. The company also describes how it pursues this advocacy: it conducts direct state-level lobbying (for example introducing and championing the Securitization Act in the New York legislature and hosting a stakeholder meeting with Maine agencies), participates in industry associations such as the Edison Electric Institute, the American Clean Power Association and the Clean Energy Buyers Association, and sends senior executives to high-level fora like COP28 and CERAWeek to engage policymakers. Specific outcomes it seeks are clearly articulated—for instance supporting provisions in the Inflation Reduction Act that expand clean-energy incentives, “addressing more than $750 million in legacy storm debt” through the New York securitization law to free up capital for grid modernisation, promoting a 90 % carbon-free U.S. grid by 2030, and removing regulatory barriers so renewable projects can connect to the grid. Phrases such as its commitment to “publicly and transparently support the public policies and strategies that address climate change” and to engage on “policy related to increased support for renewable energy and … barriers to transmission project permitting” underscore its stated objectives and positions. By disclosing the policies involved, the channels it uses, the audiences it targets and the concrete legislative or regulatory changes it is pursuing, Avangrid demonstrates a comprehensive level of transparency around its climate-related lobbying activities. 4
Lobbying Governance
Overall Assessment Comment Score
Strong Avangrid discloses a structured approach for keeping its advocacy in line with its climate strategy: it states that “policy positions are regularly reviewed and policy/regulatory activities are reviewed by the Board and senior management,” and that these reviews test consistency with “the company’s climate and environmental policies objectives,” indicating an internal process for direct lobbying alignment. For indirect lobbying, the company explains that it “discloses its trade and industry association memberships and how these organizations align with our climate change policies and targets… Once a relevant and structural policy position misalignment… has been identified, the company will reinforce the engagement of Avangrid’s group representatives,” showing an ongoing monitoring mechanism and a corrective action pathway for trade‐association misalignment. Oversight responsibility is clearly assigned, as “The Board of Directors, upon the recommendation of the Governance and Sustainability Committee, reviews and approves Avangrid’s environmental, social and governance goals,” which includes climate-related public-policy support, while engagement activities are further “governed by… Avangrid’s internal policies and protocols.” Together these disclosures point to a defined governance framework that covers both direct and indirect lobbying and names the Board and its committee as the supervising body, although the company does not disclose a stand-alone, publicly available climate-lobbying audit or independent assessment, nor does it describe how frequently the trade-association review occurs or what escalation steps exist beyond enhanced engagement, leaving some elements of transparency and enforcement unexplained. 3