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Dominion Energy Inc

Common Name
Dominion Energy
Country
United States
Sector
Utilities
Industry
Utilities - Regulated Electric
Employees
14,700
Ticker
D
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Dominion Energy, Inc. is a major U.S.-based utility company specializing in regulated electricity and natural gas services. Its primary function is to generate, transmit, and distribute power and gas ...

Dominion Energy's GHG Emissions Data Preview

In 2024, Dominion Energy completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Dominion Energy has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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c
0000000
Total Scope 2
Market-Based
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c
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Location-Based
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c
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Unspecified Calculation Method
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b
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0000000
Total Scope 3
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c
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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c
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Verified Sources Behind Dominion Energy’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Dominion Energy’s data sources below and access millions more through our Disclosure Search.

a. Dominion Energy's Verification report 2024
a. Dominion Energy's Verification report 2024
b. Dominion Energy's Sustainability Report 2023
b. Dominion Energy's Sustainability Report 2023
c. Dominion Energy's CDP Climate sourced from company’s website 2023
c. Dominion Energy's CDP Climate sourced from company’s website 2023
d. Dominion Energy's CDP Climate sourced from company’s website 2020
d. Dominion Energy's CDP Climate sourced from company’s website 2020
e. Dominion Energy's Sustainability Report 2021
e. Dominion Energy's Sustainability Report 2021

Insights into Dominion Energy's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofDominion Energy amounted to32,166,770metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Dominion Energyincreased by 7.58%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab

Dominion Energy's Scope 1 Emissions Over Time

20192020202120222023202409 M18 M27 M36 MtCO2e+8%-4%+2%-11%+8%
  • Total Scope 1
  • Year-over-Year Change

What are Dominion Energy's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Dominion Energy were 31,862,016 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Dominion Energy reduced its Scope 1 emissions over time?

Since 2019, Dominion Energy's Scope 1 emissions have remained relatively, stable, indicating that Dominion Energy's emissions have plateaued with no significant change in its operational footprint.ae

Compared to the previous year(2023), Dominion Energy's Scope 1 emissions increased by 8.01%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab

What are Dominion Energy's Scope 2 emissions?

In 2024, Dominion Energy reported Scope 2 greenhouse gas (GHG) emissions of 304,754 tCOâ‚‚e using the market-based method and 304,754 tCOâ‚‚e using the location-based method.a

Has Dominion Energy reduced its Scope 2 emissions over time?

Since 2019, Dominion Energy's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have increased by 255.6%, reflecting a rising long-term trend in Scope 2 emissions over time.ad

What methodology does Dominion Energy use for Scope 2 reporting?

In 2024, Dominion Energy reported its Scope 2 emissions using the market-based method and using the location-based method.a

Dominion Energy's Scope 2 Emissions Over Time

201920202022202320240100 k200 k300 k400 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Dominion Energy's Value Chain Emissions

In 2024, Dominion Energy reported 16,336,373 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Dominion Energy includes a breakdown across 3of the 15 Scope 3 categories defined by the GHG Protocol,up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

Dominion Energy's Scope 3 Emissions Over Time

20192020202120222023202407.5 M15 M22.5 M30 MtCO2e-36%-51%+251%-3%-43%
  • Total Scope 3
  • Year-over-Year Change

What are Dominion Energy's Scope 3 emissions?

In 2024, Dominion Energy reported total Scope 3 emissions of 16,336,373 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 86.51%of these emissions originated from upstream activities such as purchased goods and capital goods, while 13.49%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Dominion Energy reduced its Scope 3 emissions over time?

Since 2019, Dominion Energy's Scope 3 emissionshave decreased by 38.44%, reflecting a declining long-term trend in Scope 3 emissions over time.ad

Compared to the previous year (2023), Dominion Energy's Scope 3 emissions decreased by 42.68%, highlighting the company's efforts to lower indirect emissions from its value chain.ab

What categories of Scope 3 emissions does Dominion Energy disclose?

In 2024, Dominion Energy reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Dominion Energy's Scope 3 emissions?

In 2024, the largest contributors to Dominion Energy's Scope 3 emissions were:a

  • Fuel- and Energy-Related Services (Cat. 3): 13,036,075 tCOâ‚‚e(79.8%)
  • Use of Sold Products (Cat. 11): 2,203,673 tCOâ‚‚e(13.49%)
  • Purchased Goods and Services (Cat. 1): 1,096,625 tCOâ‚‚e(6.71%)

Dominion Energy's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(13.5%)Fuel- andEnergy-RelatedServices (Cat. 3)(79.8%)Purchased Goods andServices (Cat. 1)(6.7%)

Insights into Dominion Energy’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Dominion Energy reported Scope 1 greenhouse gas (GHG) emissions of 31,862,016 tCOâ‚‚e and total revenues of USD 14,459 millions. This translates into an emissions intensity of 2,203.61 tCOâ‚‚e per millions USD.a

Dominion Energy's Scope 1 Emissions Intensity Compared to Peers

20,000200,0002,000,00020,000,000200,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,00050,000Revenues (Millions of USD)CTPG&EYear: 2023Scope 1: 3,730,000 tCO2eRevenue: $M 24,428Scope 1 Intensity: 152.69 tCO2e/$MEntergyYear: 2024Scope 1: 43,184,692 tCO2eRevenue: $M 11,880Scope 1 Intensity: 3,635.18 tCO2e/$MAmerican Electric PowerYear: 2024Scope 1: 46,900,437 tCO2eRevenue: $M 19,721Scope 1 Intensity: 2,378.16 tCO2e/$MExelonYear: 2024Scope 1: 434,000 tCO2eRevenue: $M 23,028Scope 1 Intensity: 18.85 tCO2e/$MCMS EnergyYear: 2024Scope 1: 18,450,920 tCO2eRevenue: $M 7,515Scope 1 Intensity: 2,455.21 tCO2e/$MAmerenYear: 2023Scope 1: 19,883,180 tCO2eRevenue: $M 7,500Scope 1 Intensity: 2,651.09 tCO2e/$MCCConsumers EnergyYear: 2023Scope 1: 12,482,384 tCO2eRevenue: $M 7,166Scope 1 Intensity: 1,741.89 tCO2e/$MConsolidated EdisonYear: 2024Scope 1: 2,587,000 tCO2eRevenue: $M 15,256Scope 1 Intensity: 169.57 tCO2e/$MDTE EnergyYear: 2024Scope 1: 24,216,000 tCO2eRevenue: $M 12,457Scope 1 Intensity: 1,943.97 tCO2e/$MEdison InternationalYear: 2024Scope 1: 1,100,000 tCO2eRevenue: $M 17,599Scope 1 Intensity: 62.50 tCO2e/$MOGE EnergyYear: 2023Scope 1: 9,040,683 tCO2eRevenue: $M 2,674Scope 1 Intensity: 3,380.58 tCO2e/$MCenterPoint EnergyYear: 2023Scope 1: 5,170,862 tCO2eRevenue: $M 8,696Scope 1 Intensity: 594.63 tCO2e/$MFirstEnergyYear: 2024Scope 1: 14,018,734 tCO2eRevenue: $M 13,472Scope 1 Intensity: 1,040.58 tCO2e/$MAlliant EnergyYear: 2024Scope 1: 13,121,958 tCO2eRevenue: $M 3,981Scope 1 Intensity: 3,296.15 tCO2e/$MTTTXNM EnergyYear: 2022Scope 1: 4,844,547 tCO2eRevenue: $M 2,250Scope 1 Intensity: 2,153.56 tCO2e/$MPPLYear: 2024Scope 1: 26,663,140 tCO2eRevenue: $M 8,462Scope 1 Intensity: 3,150.93 tCO2e/$MMGE EnergyYear: 2023Scope 1: 1,637,171 tCO2eRevenue: $M 690Scope 1 Intensity: 2,371.23 tCO2e/$MNextera EnergyYear: 2024Scope 1: 43,409,916 tCO2eRevenue: $M 24,753Scope 1 Intensity: 1,753.72 tCO2e/$MEvergyYear: 2024Scope 1: 20,958,294 tCO2eRevenue: $M 5,847Scope 1 Intensity: 3,584.27 tCO2e/$MPSEGYear: 2024Scope 1: 581,556 tCO2eRevenue: $M 10,290Scope 1 Intensity: 56.52 tCO2e/$MHawaiian Electric IndustriesYear: 2024Scope 1: 4,361,243 tCO2eRevenue: $M 3,220Scope 1 Intensity: 1,354.49 tCO2e/$MXcel EnergyYear: 2024Scope 1: 32,660,000 tCO2eRevenue: $M 13,441Scope 1 Intensity: 2,429.88 tCO2e/$MIdacorpYear: 2024Scope 1: 4,130,000 tCO2eRevenue: $M 1,827Scope 1 Intensity: 2,260.99 tCO2e/$MDominion EnergyYear: 2024Scope 1: 31,862,016 tCO2eRevenue: $M 14,459Scope 1 Intensity: 2,203.61 tCO2e/$M

How does Dominion Energy's GHG emissions intensity compare to its peers?

In 2024, Dominion Energy reported a Scope 1 emissions intensity of 2,203.61 tCOâ‚‚e per millions USD. Compared to the peer group median of 2,153.56, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Dominion Energy rank on GHG emissions intensity within its industry?

In 2024, Dominion Energy ranked 13 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Dominion Energy is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Dominion Energy's Total Carbon Footprint

In 2024, Dominion Energy reported a total carbon footprint of 48,503,143 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 16.95% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab

The largest contributor to Dominion Energy's total carbon footprint was Scope 1 emissions, accounting for 65.69% of the company's total carbon footprint, followed by Scope 3 emissions at 33.68%.a

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