Dominion Energy releases annual Sustainability & Corporate Responsibility Report
Dominion Energy recently released its annual Sustainability & Corporate Responsibility Report, which outlines the company’s progress on environmental, social responsibility, and operational initiatives in 2018 and establishes new commitments for the future.
The report outlines Dominion Energy’s performance in areas such as cybersecurity, nuclear safety, and environmental justice. It describes climate change as “one of the most challenging issues of our time” and discusses ways the company is addressing the issue.
“We intend to be one of the most sustainable companies in the United States,” Thomas F. Farrell, II, chairman, president and CEO of Dominion Energy, said. “If anyone harbors any doubts on that score, this report should put such doubts to rest.”
According to the report, the company has reduced carbon-dioxide emissions 52 percent since 2005 and prevented more than 250,000 metric tons of methane emissions in the past decade.
The company has committed to reducing carbon emissions from its power stations by 55 percent by 2030 and by 80 percent by 2050 and to cutting methane emissions in half by 2030.
The report notes that Dominion Energy has constructed the fourth-largest solar portfolio among utility holding companies and is developing the largest offshore wind farm in the United States. Dominion has also joined with Smithfield Foods in “the largest renewable natural gas program in history” and is working to extend the life of its Virginia nuclear power plants.
The report also notes that 2018 was the company’s safest year ever and highlights various improvements related to customer and employee experience.
“This report shows how deeply committed Dominion Energy is to the welfare of our customers, the environment, our employees and the communities where we work,” Dominion Energy Executive Vice President Carter Reid said. “We take that commitment seriously, and our performance shows it. Actions speak louder.”
