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Dominion Energy

Dominion Energy is a publicly listed company headquartered in Richmond, United States of America. In 2020, its revenue was USD14.2 billion and installed capacity was 34 GW. Dominion Energy established a net zero by 2050 target in 2020. It has replaced a large proportion of coal generation with gas since 2015.

Ranking position
#14/50
Total score
49.3/100
Performance score
9.7/20
Narrative Score
ABCDE
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank (0-50)

Targets

#1 2.4 / 4 #20

Material Investment

#1 1.8 / 7 #23

Intangible Investment

#1 0.0 / 2 #20

Management

#1 2.9 / 4 #12

Policy Engagement

#1 0.7 / 1 #8

Business Model

#1 2.0 / 2 #1

Leading practices

No leading practices were identified for this company.

Risks and opportunities

Trend

Dominion receives a trend score of =. If the company were reassessed in the near future, its score would likely remain the same. The company is on track to meet its 2030 and 2050 emission targets, however, its forecast emissions intensity in the next five years does not keep pace with the reduction in emission levels required by its 1.5°C pathway. Moreover, it exceeds its carbon budget to 2035 by approximately 39%. Planned investments over the coming years in Dominion Energy’s low-carbon electricity generation is expected to improve its 1.5°C alignment. However, the company’s progress will be limited by its long-term commitment to gas.

Progress towards the Paris Agreement

Just Transition Assessment

In this report, we present five key thematic findings showing how 180 companies can increase their ambition towards a transition to a low-carbon future that is just and equitable for the people and communities at risk of being affected by it.

See results for

  1. 2020

More about the company

Headquarters
Richmond, Virginia, United States of America
Group revenue (2020)
USD 14.2 billion
Ownership
Publicly listed
Installed capacity (2020)
34.0 GW
Website
https://www.dominionenergy.com

This company is part of the SDG2000, the 2.000 most influential companies

See company profile