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.
+20 vs industry average
Dominion Energy’s score of 45 is higher than 64% 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 38% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Dominion Energy's reported carbon emissions
Dominion Energy, headquartered in the US and operating in electricity transmission services, has set ambitious climate commitments. The company aims for Net Zero carbon and methane emissions across Scopes 1, 2, and material Scope 3 categories by 2050. For Scope 1 emissions, Dominion Energy has committed to a 55% reduction in 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, compared to 2010 levels. More recent targets include a 65% reduction in methane emissions from gas operations by 2030. In terms of reported emissions: * **2024:** Total emissions were approximately 53.7 billion kg CO2e. This comprised about 31.9 billion kg CO2e for Scope 1, approximately 305 million kg CO2e for Scope 2 (market-based and location-based), and about 14.2 billion kg CO2e for Scope 3, with significant contributions from fuel and energy-related activities (approximately 13 billion kg CO2e). * **2023:** Total emissions were approximately 55.9 billion kg CO2e. Scope 1 emissions accounted for around 27.5 billion kg CO2e, Scope 2 for approximately 444 million kg CO2e, and Scope 3 for about 27.5 billion kg CO2e. Key Scope 3 categories included fuel and energy-related activities (approximately 13.5 billion kg CO2e) and use of sold products (approximately 11.9 billion kg CO2e). * **2022:** Scope 1 emissions were approximately 33.3 billion kg CO2e. * **2021:** Total emissions were approximately 43.2 billion kg CO2e, with Scope 1 at about 31.3 billion kg CO2e, Scope 2 at 100 million kg CO2e, and Scope 3 at 11.8 billion kg CO2e. * **2005:** Total emissions were approximately 73.5 billion kg CO2e, with Scope 1 being about 59.6 billion kg CO2e, Scope 2 around 306 million kg CO2e, and Scope 3 approximately 15.6 billion kg CO2e. Dominion Energy has reported a 47% reduction in carbon dioxide emissions from electric generation since 2005 up to 2022. The company also reported an intensity reduction target of 30% for carbon footprint (scopes 1 and 2) by 2025, compared to 2020 levels.
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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.
See all 10 climate goals
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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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