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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, a US-based electricity transmission services provider, reported Scope 1 emissions of 54,808,000 kg CO2e in 2024. For the same year, Scope 2 market-based emissions were 30,475,400,000 kg CO2e, and Scope 3 emissions included approximately 13,036,075,000 kg CO2e from fuel and energy-related activities, 1,096,625,000 kg CO2e from purchased goods and services, and 2,203,673,000 kg CO2e from the use of sold products.
In 2023, Dominion Energy's Scope 1 emissions were about 27,522,870,000 kg CO2e. Scope 2 market-based emissions for 2023 were 444,018,000 kg CO2e. Their Scope 3 emissions in 2023 included approximately 13,456,396,000 kg CO2e from fuel and energy-related activities, 3,109,541,000 kg CO2e from purchased goods and services, and 11,905,725,000 kg CO2e from the use of sold products.
Looking back to 2005, Dominion Energy reported Scope 1 emissions of approximately 59,580,382,000 kg CO2e, Scope 2 market-based emissions of 306,092,000 kg CO2e, and Scope 3 emissions including roughly 12,295,309,000 kg CO2e from fuel and energy-related activities, 1,134,553,000 kg CO2e from purchased goods and services, and 2,387,252,000 kg CO2e from the use of sold products.
Dominion Energy has set a long-term goal to achieve Net Zero carbon and methane emissions across Scope 1, Scope 2, and material categories of Scope 3 by 2050. As part of this commitment, the company aims for a 55% reduction in Scope 1 carbon emissions from its electric business by 2030, compared to 2005 levels. Additionally, they target an 80% reduction in Scope 1 methane emissions from their natural gas business by 2040, against a 2010 baseline, with an interim target of a 65% reduction by 2030. Dominion Energy also notes a 47% reduction in Scope 1 carbon emissions from electric generation between 2005 and 2022.
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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