Dominion Energy, a leading provider in the transmission services of electricity, is headquartered in the United States, with significant operations across the eastern and western regions. Founded in 1983, the company has established itself as a key player in the energy sector, focusing on delivering reliable and sustainable electricity to millions of customers.
The company offers a range of core services, including electricity transmission, natural gas distribution, and renewable energy solutions, setting itself apart with a commitment to innovation and environmental stewardship. Dominion Energy has achieved notable milestones, such as expanding its renewable energy portfolio and enhancing grid reliability, positioning itself as a trusted energy provider. With a strong market presence, Dominion Energy continues to lead the way in transforming the energy landscape while prioritising customer satisfaction and sustainability.
+27 vs industry average
Dominion Energy’s score of 52 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Electricity Transmission is among the most carbon-intensive industries
Industry performance
The Electricity Transmission industry has reduced its overall emissions by 36% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Dominion Energy's reported carbon emissions
Dominion Energy's latest reported emissions data is for 2024, with total emissions of approximately 34.5 billion kg CO2e. In 2023, the company reported total emissions of approximately 68.7 billion kg CO2e, comprising Scope 1 emissions of about 27.5 billion kg CO2e, Scope 2 emissions of about 444 million kg CO2e, and Scope 3 emissions of approximately 41.7 billion kg CO2e.
The company has set ambitious climate commitments, including a long-term goal to achieve Net Zero carbon and methane emissions across Scopes 1, 2, and material Scope 3 categories by 2050. For the electric business, Dominion Energy aims to reduce Scope 1 carbon emissions by 55% by 2030, compared to 2005 levels. Additionally, the company is working to reduce methane emissions from its natural gas business, with targets of 65% by 2030 and 80% by 2040, both compared to 2010 levels. Dominion Energy has reported a 47% reduction in carbon dioxide emissions from electric generation since 2005 as of 2022.
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Dominion Energy’s Climate Goals (2030 & 2050)
10 goals2030
55% reduction in Scope 1
Under our net zero strategy, the company will reduce Scope 1 carbon emissions 55 percent by 2030 from our power generation business (compare…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
3 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Dominion Energy
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