Avista named as one of the 2021 World’s Most Ethical Companies by Ethisphere for the second time
Recognition honors those companies who understand the importance of leading, making hard but values-based decisions, and their overall commitment to integrity.
SPOKANE, Wash., Feb. 23, 2021 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA), a Washington state-based energy company with operations spanning five states, has been recognized by
Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2021 World’s Most Ethical Companies. This is the second consecutive year Avista has received this recognition.
Since Avista was founded on clean, renewable hydropower in 1889, the company has been able to serve its customers with an electric generation mix that’s more than half renewable, while keeping its carbon emissions among the lowest in the nation. Today, Avista continues to move closer to its goal to serve its customers with 100 percent clean electricity by 2045 and to have a carbon-neutral supply of electricity by the end of 2027. Avista recently updated the corporate responsibility section on its website at https://investor.avistacorp.com/corporate-responsibility/our-commitmen ...
“Avista has always been committed to balancing reliability and affordability while maintaining responsibility for our environmental footprint. We strive to improve the lives of customers through the safe, responsible, and affordable delivery of energy, in a way that is trustworthy, innovative and collaborative. These guiding principles are founded on a long tradition of corporate responsibility that is built upon our commitment to manage the social, environmental and economic effects of our operations,” said Avista President and CEO Dennis Vermillion. “We’re honored to receive this recognition, because it acknowledges our belief that integrating corporate responsibility into our business builds trust, forges lasting relationships, strengthens morale, reduces risk, delivers enhanced value to our shareholders, and ultimately enables us to more effectively deliver on our vision to provide better energy for life.”
This is the second consecutive year that Avista has been recognized by Ethisphere as one of only nine honorees in the Energy & Utilities industry, based on Ethisphere’s assessment. In 2021, 135 honorees were recognized spanning 22 countries and 47 industries.
“While addressing the tough challenges of 2020, we saw companies like Avista earn the trust of stakeholders through resilience and a commitment to ethics and integrity,” said Ethisphere CEO Timothy Erblich. “The World’s Most Ethical Companies honorees continue to demonstrate an unwavering commitment to the highest values and positively impacting the communities they serve. Congratulations to everyone at Avista for earning the World’s Most Ethical Companies designation.”