Dominion Energy Sustainability Profile
Dominion Energy, a leading energy provider in the United States, is headquartered in Richmond, Virginia. Founded in 1983, the company has grown significantly, serving millions of customers across its major operational regions, including the Mid-Atlantic and Western United States. Specialising in electric and natural gas services, Dominion Energy is committed to delivering reliable energy solutions while prioritising sustainability and innovation. The company offers a diverse range of core products, including renewable energy sources, natural gas distribution, and electric generation. Notably, Dominion Energy has made significant strides in clean energy initiatives, positioning itself as a frontrunner in the transition to a low-carbon future. With a strong market presence and a focus on customer satisfaction, Dominion Energy continues to achieve notable milestones in the energy sector.
DitchCarbon Score
How does Dominion Energy's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Electricity Transmission industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Dominion Energy's score of 50 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Dominion Energy's reported carbon emissions
In 2023, Dominion Energy reported total carbon emissions of approximately 27,522,870,000 kg CO2e from Scope 1, 444,018,000 kg CO2e from Scope 2, and significant Scope 3 emissions, including about 11,905,725,000 kg CO2e from the use of sold products and approximately 3,109,541,000 kg CO2e from purchased goods and services. This data reflects a commitment to transparency in emissions reporting, with all scopes disclosed. Dominion Energy has set ambitious climate targets, aiming for a 55% reduction in Scope 1 carbon emissions from its electric business by 2030, compared to 2005 levels. Additionally, the company is committed to achieving net zero carbon and methane emissions across all scopes by 2050. This long-term goal includes a specific target to reduce methane emissions from its natural gas operations by 65% by 2030 and 80% by 2040, based on 2010 levels. The company has made significant progress, having already reduced carbon dioxide emissions from electric generation by approximately 47% since 2005. These initiatives underscore Dominion Energy's commitment to addressing climate change and transitioning towards a sustainable energy future.
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| 2000 | 2005 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | 00,000,000,000 | - | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 12,159,115,000 | - | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 | - | - | 000,000,000 | - | 000,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | 00,000,000,000 | - | 00,000,000,000 |
How Carbon Intensive is Dominion Energy's Industry?
How Carbon Intensive is Dominion Energy's Location?
Dominion Energy's Scope 3 Categories Breakdown
Dominion Energy's Scope 3 emissions, which increased by 141% last year and increased by approximately 141% since 2021, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 50% of total emissions under the GHG Protocol, with "Fuel and Energy Related Activities" being the largest emissions source at 47% of Scope 3 emissions.
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Dominion Energy's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Dominion Energy has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
