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) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 31,862,016a | 29,500,000b | 33,260,819c | |
Total Scope 2 | ||||
Market-Based | 304,754a | N/A | 384,232c | |
Location-Based | 304,754a | N/A | 384,232c | |
Unspecified Calculation Method | N/A | 400,000b | N/A | |
Total Scope 3 | 16,336,373a | 28,500,000b | 29,279,253c | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 2,203.6113a | 2,049.6074b | 2,386.3409c |
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In 2024, the total operational greenhouse gas (GHG) emissions of Dominion Energy amounted to 32,166,770 metric 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 Energy increased by 7.58%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
In 2024, the total Scope 1 emissions of Dominion Energy were 31,862,016 metric tons of CO₂ equivalent (tCO₂e).a
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.ad
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
In 2024, Dominion Energy reported Scope 2 greenhouse gas (GHG) emissions of 304,754 tCO₂e using the market-based method and 304,754 tCO₂e using the location-based method.a
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.ae
In 2024, Dominion Energy reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Dominion Energy reported 16,336,373 metric tons of CO₂ equivalent (tCO₂e) 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 3 of 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
In 2024, Dominion Energy reported total Scope 3 emissions of 16,336,373 metric tons of CO₂ equivalent (tCO₂e).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
Since 2019, Dominion Energy's Scope 3 emissions have decreased by 38.44%, reflecting a declining long-term trend in Scope 3 emissions over time.ae
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
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.
In 2024, the largest contributors to Dominion Energy's Scope 3 emissions were:a
In 2024, Dominion Energy reported Scope 1 greenhouse gas (GHG) emissions of 31,862,016 tCO₂e and total revenues of USD 14,459 millions. This translates into an emissions intensity of 2,203.61 tCO₂e per millions USD.a
In 2024, Dominion Energy reported a Scope 1 emissions intensity of 2,203.61 tCO₂e per millions USD. Compared to the peer group median of 2,216.3, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Dominion Energy ranked 13 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e 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
In 2024, Dominion Energy reported a total carbon footprint of 48,503,143 metric tons of CO₂ equivalent (tCO₂e) 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