- Company delivers on climate, clean energy, and other
commitments
- Report details progress toward Net Zero, growth of renewable
generation, support for communities
- Updates status of ESG-related commitments, cross-referenced
to the United Nations Sustainable Development Goals
RICHMOND, Va., Sept. 28,
2022 /PRNewswire/ -- Dominion Energy (NYSE: D) is
accelerating its transition to a clean-energy future, providing
tens of millions of dollars to the communities it calls home, and
continuing to foster a culture of inclusion for its increasingly
diverse workforce, the company said today in its annual
Sustainability and Corporate Responsibility Report. The report,
which primarily covers performance in 2021, shows the company is
meeting its commitments in the areas of environment, social
responsibility, and governance.
"Dominion Energy's vision of becoming the most sustainable
energy company in America inspires us to reach ever higher," said
Robert M. Blue, Dominion Energy's
chair, president and chief executive officer. "Now more than ever,
we are focused on safely providing reliable, affordable energy to
those who depend on us. And we are leading the nation's
clean-energy transition as we move closer to Net Zero emissions.
We're continuing to support our communities and increasing
diversity while sharpening our focus on equity and inclusion, and
we're embracing change through constant innovation."
Highlights from the report include:
- A 46% decrease in carbon emissions between 2005 and 2021.
- A 38% decrease in methane emissions between 2010 and 2021.
- Enhanced Net Zero targets for emissions upstream and downstream
of Dominion Energy's direct operations — those from suppliers and
customers.
- More than $1 billion spent with
diverse suppliers — a 24.5% increase in one year.
- $48.6 million to support social
betterment through energy assistance, charitable giving, and
support for nonprofits.
- A 29% decrease in the company's reportable-injury rate since
2017.
- Residential electric and gas utility rate averages below
national and regional averages.
- Reduction in average time customers went without power.
- 75+ major projects reviewed for environmental-justice
concerns.
- 81,000 hours volunteered by employees.
The report also provides updates on a broad range of
initiatives, including:
- Transforming the grid to make it more responsive and better
able to support intermittent renewables.
- Rural broadband service to underserved and unserved
communities.
- Natural gas pipeline replacement and integrity management
programs ($450 million worth in
2021).
- Support for diversity, equity, inclusion, and social justice
through signature efforts such as the HBCU Promise and a
partnership with the Hispanic Association of Colleges and
Universities ($11.3 million in
2021).
- Expanding electric transportation opportunities.
In addition, the report discloses environmental metrics; details
governance structure and risk management; and provides indices that
map to standards from the Global Reporting Initiative, the
Sustainability Accounting Standards Board, and the United Nations'
Sustainable Development Goals.
"This report shows that actions speak louder at Dominion
Energy," said Diane Leopold,
executive vice president and chief operating officer. "We believe
in holding ourselves accountable, and publishing this report is one
way we do that."
Learn more by visiting sustainability.dominionenergy.com.
Dominion Energy's efforts in diversity, equity, and inclusion
are addressed at greater length in the company's annual Diversity,
Equity, and Inclusion report, which will be released September 29.
About Dominion Energy
About 7 million customers in 15 states energize their
homes and businesses with electricity or natural gas from Dominion
Energy (NYSE: D), headquartered in Richmond, Va. The
company is committed to safely providing reliable, affordable
and sustainable energy and to achieving Net Zero
emissions by 2050. Please
visit DominionEnergy.com to learn more.
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SOURCE Dominion Energy