Avangrid Partners with Colby College to Launch Global Sustainability Independent-Study
02 Fevereiro 2024 - 5:19PM
Business Wire
First-of-its-kind program at Colby leverages
Avangrid and Iberdrola’s global sustainability expertise to create
immersive practical experience for students
Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company
and member of the Iberdrola Group, announced today that it has
partnered with the Goldfarb Center for Public Affairs and Economics
Department at Colby College in Waterville, Maine to conduct an
independent-study and global experience focusing on theoretical ESG
(Environmental, Social, and Governance) and its real-world
applications. This first-of-its-kind program at Colby leverages
Avangrid and Iberdrola’s ESG expertise to provide an immersive
practical experience for students.
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Colby students at Iberdrola’s offices in
Bilbao, Spain (Photo: Business Wire)
“As recognized sustainability leaders, it was a natural fit for
Avangrid and Iberdrola to partner with Colby College to launch this
unique course,” said Pedro Azagra, Avangrid CEO. “There is no
substitution for quality education. We need programs like this at
an undergrad level to increase interest in the sustainability field
and build ESG knowledge. These students are the future workforce
that will usher in the clean energy future.”
The four-week program launched as a test year with a four-person
cohort of students. It was part of Colby’s exploratory term in
January, Jan Plan, which provides students with a wide range of
academic experiences and opportunities. The course included three
weeks on the Colby campus to establish a foundational knowledge of
ESG via guest speakers from Avangrid, including Vice President of
Sustainability and Colby alumna Laney Brown, Vice President and
Deputy General Counsel Liz Riotte and Director of Innovation
Enrique Bosch. The students then traveled to Iberdrola’s offices in
Bilbao, Spain during the course’s final week to meet with and
interview Iberdrola leaders and tour facilities, such as
Iberdrola’s Smart Hub and Smart Laboratory.
The course culminated in final presentations today to Colby
faculty, fellow students, and Avangrid and Iberdrola experts. The
students framed their presentations as third-party consultants who
were presenting to investors on Iberdrola’s ESG goals and strategy.
The presentations included a summary of Avangrid and Iberdrola’s
sustainable commitments, an explanation of how the company will
achieve these goals and the metrics used to measure results, and an
assessment of the company’s strategy.
This partnership with Colby further demonstrates Avangrid’s
commitment to supporting clean energy education and workforce
development—the company also partners with MIT to fund a fully
endowed chair at the MIT Energy Initiative and, locally, the
Avangrid Foundation has partnered with the University of Southern
Maine to fund the Avangrid David Flanagan Endowed Professorship and
the Avangrid David Flanagan Memorial Endowed Scholarship in
Sustainability.
“It’s been extremely fulfilling to develop this course in
partnership with my alma mater,” said Brown. “I know first-hand the
value that an immersive course can have on your learning and
development. I received my dual MBA through Iberdrola’s program.
Executives from across the companies brought real world examples
and applications to the course. This was invaluable experience that
helps me to this day, so I jumped at the opportunity to partner
with Colby and provide this type of education to Colby
students.”
For over two decades, the Iberdrola Group has been leading the
transition to clean energy and combating climate change while
offering a sustainable and competitive business model that creates
value for society. As a member of the Iberdrola Group, Avangrid’s
climate action strategy is informed by Iberdrola’s commitments.
Avangrid is one of the United States’ cleanest utilities and is a
recognized leading sustainable energy company—last year, the
company earned a total of 14 sustainability awards and
recognitions, including being among America’s Climate Leaders by
USA Today and being named a World’s Most Ethical Company for the
fifth consecutive year by the Ethisphere.
"Colby and the Goldfarb Center are proud to launch a program
that explores the public policy discussions in the ESG arena, while
creating an innovative partnership between academia and the private
sector," said Alison Beyea, executive director of the Goldfarb
Center for Public Affairs. "This program is not just an independent
study; it's a transformative global experience that prepares our
students to be the next generation of sustainability and civic
leaders able to engage in public policy on a world-wide stage."
"Studying ESG and sustainably in this small group was not only
an immersive experience, but it was also truly eye-opening to see
its practical applications abroad,” said Leila Iredell, a Colby
student. “It added a valuable real-world perspective to our
learning."
Colby has a long history of environmental sustainability,
including becoming one of the first colleges in the country to
achieve carbon neutrality. The College has also pioneered academic
programs focused on environmental sustainability and has a legacy
of green values that have made it a leader in environmental
initiatives.
For photos of the final presentations and the students’ trip to
Spain, click here.
About Avangrid: 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 – a ranking of America’s best
corporate citizens. In 2023, Avangrid ranked first within the
utility sector for its commitment to the environment. The company
supports the U.N.’s Sustainable Development Goals and was named
among the World’s 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.
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Media: Sarah Warren sarah.warren@avangrid.com
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