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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.
+25 vs industry average
Dominion Energy’s score of 52 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Electricity Transmission is among the most carbon-intensive industries
The Electricity Transmission industry has reduced its overall emissions by 36% since 2018
Scope 3 accounts for ••• of total emissions.
Dominion Energy, headquartered in the US and operating in transmission services of electricity, reported approximately 14,393 million kg CO2e in Scope 1 emissions for 2023. Scope 2 emissions for the same year were approximately 444 million kg CO2e (market-based and location-based). Scope 3 emissions were reported as approximately 25,400 million kg CO2e, encompassing use of sold products (11,906 million kg CO2e), purchased goods and services (3,110 million kg CO2e), and fuel and energy-related activities (13,456 million kg CO2e). The total emissions for 2023 were approximately 40,239 million kg CO2e.
For 2024, Dominion Energy's Scope 1 emissions were approximately 55 million kg CO2e. Scope 2 emissions were approximately 31,797 million kg CO2e (location-based) and 305 million kg CO2e (market-based). Scope 3 emissions were approximately 25,100 million kg CO2e, including use of sold products (2,204 million kg CO2e), purchased goods and services (1,097 million kg CO2e), and fuel and energy-related activities (13,036 million kg CO2e). The total emissions for 2024 were approximately 55,137 million kg CO2e.
Dominion Energy has set ambitious climate commitments, including achieving Net Zero carbon and methane emissions for Scopes 1, 2, and material categories of Scope 3 by 2050. Near-term targets include a 55% reduction in Scope 1 carbon emissions from its electric business by 2030, compared to 2005 levels. For its natural gas business, the company aims to reduce Scope 1 methane emissions by 80% by 2040, compared to 2010 levels. It also has a commitment to reduce methane emissions from gas operations by 65% by 2030. As of 2022, the company had already reduced carbon dioxide emissions from electric generation by 47% since 2005.
Access structured emission data, company specific factors and auditable source documents
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
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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