Unique Sustainability Honour Awarded to Dominion Energy

Published on:
KnowESG_Nature
Image courtesy of https://www.dominionenergy.com/

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

Share:
esg
esg
esg
esg

Investors Headlines

Global Leaders Gather to Talk ESG and AI at ZOHC Europe

Global Leaders Gather to Talk ESG and AI at ZOHC Europe

Velo Roastery Earns B Corp Accreditation

Velo Roastery Earns B Corp Accreditation

La-Z-Boy Publishes 2023 Sustainability Report

Mitie Gets 'A List' Status on CDP for Carbon Reporting

Ecobat Achieves EcoVadis Gold for Sustainability

Natural GrocersĀ® Publishes 2023 ESG Report

Aurora Expeditions Receives B Corp Certification

Ingram Micro Excels in ESG, Earns EcoVadis Platinum

APAC Companies Push ESG in Exec Incentives, WTW Report

Odelay Films Achieves B Corp Recognition