Dominion Energy Is Advancing Sustainability, Company Says in New Report
RICHMOND, Va., Nov. 22, 2021 /PRNewswire/ -- Dominion Energy (NYSE:D) accelerated the execution of its clean-energy plans and increased support for customers and communities in 2020, the company said in its newly released Sustainability and Corporate Responsibility Report, which can be accessed online at www.sustainability.dominionenergy.com.
"We aspire to be the most sustainable energy company in the country," said Dominion Energy Chair, President, and Chief Executive Officer Robert M. Blue. "We're hitting the right milestones on the way to that goal: developing clean, renewable energy and storage; building a more diverse workforce and supply chain; improving safety; and investing in our communities to make sure no one is left behind."
The report covers the company's 2020 activities in key areas, including:
Clean Energy
Developing the largest offshore wind project on this side of the Atlantic Ocean
Owner of one of the largest solar portfolios among investor-owned utilities in the U.S.
Investing in storage, hydrogen, and other clean-energy technologies
Upgrading the grid to support renewable energy and improve reliability even further
Largest renewable natural gas initiative in the country
Protecting the Environment
Committed to net zero carbon and methane emissions by 2050
43% decrease in carbon emissions since 2005
32% decrease in methane emissions since 2010
49% reduction in water use per megawatt-hour since 2000
Serving Customers & Communities
$58.1 million contributed to social betterment, energy assistance, social equity and justice, and more
63% increase in spending with diverse suppliers since 2016
Rural broadband program to close the digital divide
61,500 hours of volunteer work contributed by our employees
Empowering Employees
Diverse hiring increased 13.4 percentage points, to 49.6%, since 2016
Annual goal of 1 percentage-point increase in diverse workforce representation met in 2020
Hybrid remote work policy adopted for the roughly one-third of employees able to telecommute
Continued improvement in safety, with OSHA recordable injury rate reduced 77% since 2006
Additional sections of the report disclose environmental metrics; address the company's response to the COVID-19 pandemic; detail governance structure and risk management; and provide indices that map to standards from the Global Reporting Initiative, the Sustainability Accounting Standards Board, and the United Nations' Sustainable Development Goals.
"This report underscores Dominion Energy's commitment to leading the clean-energy transition and to holding ourselves accountable by being rigorously transparent," said Executive Vice President and Chief Operating Officer Diane Leopold. "We believe actions speak louder, and this report demonstrates that we back up our promises by making real progress."
Because diversity, equity, and inclusion continue to play an increasingly important role at Dominion Energy, this year the company released its first public report devoted exclusively to those issues. That report can be accessed at www.dei.dominionenergy.com/.
Iowa Interfaith Power & Light hosted an Earth Day event at St. Paul's Episcopal Cathedral's Rain Garden on Earth Day, including a march to MidAmerican Energy's office, to demand clean energy action from the utility. While publicly touting a 100%...
LV Distribution, a third-party asset management distribution company, proudly announces a partnership with Capital Fund Management (CFM), a globally recognized quantitative investment firm. This collaboration is a significant development for LV...
Vertimass is pleased to announce that the United States Environmental Protection Agency (EPA) has approved registration for blending up to 20% of Vertimass green gasoline with conventional gasoline. This new renewable gasoline product, VertiGas20, is...
Renewable energy company Drax announced today a $250,000 commitment to create the Gloster Community Fund, a fund earmarked exclusively for initiatives that will improve quality of life and support grassroots activities in Gloster, Mississippi, where...
True Green Capital Management (TGC), a specialized renewable energy infrastructure private equity firm, announced today that it has signed a partnership agreement with Qcells, a global leader in complete clean energy solutions, to install up to 450...
EPC Energy, a premier systems integrator, renewable energy engineering, procurement, and construction firm; has successfully delivered a state-of-the-art 20MW/80MWh solar plus battery energy storage system (BESS). This 20MW/80MWh facility was...