Unique Sustainability Honour Awarded to Dominion Energy
Dominion Energy, Inc.
CDP has recently ranked Dominion Energy with an "A" for Climate Change and Water Security.
Dominion Energy's "A" rating for Climate Change and Water Security reflects the company's exemplary transparency and performance. Out of nearly 15,000 companies evaluated by CDP, only 2% received an "A" rating in either category. Dominion Energy's recognition underscores its leadership in addressing climate and water-related issues.
"Actions speak louder," said Robert M. Blue, Dominion Energy's chair, president, and chief executive officer. "Our company is committed to leading the clean-energy transition and becoming the most sustainable energy company in America while safely and sustainably providing reliable, affordable service to our customers. These results show we're succeeding. I'm immensely proud of all the Dominion Energy employees whose hard work and dedication to ethics, excellence, and the environment have earned us this distinction."
CDP operates a worldwide disclosure system to help investors, companies, and governments manage their environmental impact. As a nonprofit, CDP advocates for urgent action to tackle climate change and prevent environmental harm. Its rating system is consistent with the Task Force on Climate-related Financial Disclosures and is widely recognised as the environmental reporting benchmark.
Dominion Energy's "A" rating for Climate Change and Water Security was determined based on CDP's Electric Utility evaluation criteria. Although CDP requires companies to choose a primary sector for rating, Dominion Energy provided information on its 2021 gas operations for transparency purposes.
Apart from its recognition by CDP, Dominion Energy has also received an AA rating (leader band) for managing ESG issues from MSCI, an ESG rating firm. Additionally, it has been recognised as a Trendsetter by the Center for Political Accountability and the Zicklin Center for Business Ethics and Research at the University of Pennsylvania.
Dominion Energy is headquartered in Richmond, Virginia, and serves around 7 million customers across 16 states with electricity or natural gas. The company is dedicated to providing safe, dependable, cost-effective, and sustainable energy and aims to achieve Net Zero emissions by 2050. For more information, please visit DominionEnergy.com.
For more investor-related news
Source: Dominion Energy