Dominion Energy

Dominion Energy, a US-based transmission services provider for electricity, has outlined significant carbon reduction goals. For 2024, the company reported total emissions of approximately 166.2 billion kg CO2e, encompassing Scope 1, Scope 2, and Scope 3 emissions. This figure includes Scope 1 emissions of about 54.8 million kg CO2e, and Scope 2 emissions of approximately 31.8 billion kg CO2e (market-based and location-based). Scope 3 emissions for 2024 were estimated at about 14.2 billion kg CO2e, broken down into use of sold products (approximately 2.2 billion kg CO2e), purchased goods and services (approximately 1.1 billion kg CO2e), and fuel and energy-related activities (approximately 13.0 billion kg CO2e).

In 2023, Dominion Energy's total emissions were approximately 42.8 billion kg CO2e. This comprised Scope 1 emissions of about 27.5 billion kg CO2e, Scope 2 emissions of approximately 444 million kg CO2e (market-based and location-based), and Scope 3 emissions totalling around 14.9 billion kg CO2e. Scope 3 for 2023 included use of sold products (approximately 11.9 billion kg CO2e), purchased goods and services (approximately 3.1 billion kg CO2e), and fuel and energy-related activities (approximately 13.5 billion kg CO2e).

Dominion Energy is committed to achieving Net Zero carbon and methane emissions by 2050 across all scopes. As a near-term target, the company aims for a 55% reduction in Scope 1 carbon emissions from its electric business by 2030, compared to 2005 levels. Further, it targets an 80% reduction in Scope 1 methane emissions from its natural gas business by 2040, relative to 2010 levels. The company has also reported reductions in carbon emissions from electric generation, stating a 47% decrease since 2005 as of 2022.