2022 ESG Report
Dominion Energy 2022 Sustainability and Corporate Responsibility Report: Delivering a Cleaner Energy Future
Delivering a Cleaner Energy Future 2022 SUSTAINABILITY & CORPORATE RESPONSIBILITY REPORT
Letter From the Chair Dominion Energy’s mission is to provide the reliable, affordable, and increasingly clean energy that powers our customers every day. The work we do is vital: We serve millions of customers — including hospitals, schools, 70% and businesses, as well as government agencies and military bases — and if we don’t Improvement in safety achieve our mission, no one else can carry out theirs. As we perform this vital work, (2006–2022) we remain anchored by our core values: safety, ethics, excellence, embrace change, and One Dominion Energy — our term for teamwork. Our focus on sustainability remains strong: We believe in protecting the environment and helping our customers, our communities, our employees, and our company thrive, today and in the long term. Through 2022, we maintained a safety record far ahead of our industry’s average, 3,000+ MW electricity rates below national and regional averages, gas rates below state averages, Renewable energy and reliability metrics for our electric utilities in Virginia and the Carolinas that are better capacity in service as of than the industry average for customer minutes out. December 31, 2022 We’ve remained committed to our communities and support them through charitable giving that addresses human needs, environmental stewardship, education, and ROBERT M. BLUE community vitality. In 2022, we contributed $45 million to social betterment through Chair, President and Chief Executive Officer energy assistance, support for nonprofits, direct giving, and more. Our employees collectively devoted 95,000 hours to volunteer work. $45M CONTENTS In addition to serving our communities, we continue to diversify our supply chain to provide new business opportunities to small and diverse vendors. A wider supply pool Contributed to social increases competition and can drive down costs while also keeping opportunities local. betterment through Letter From the Chair 1 Electric Diversity & Reliability 10 In 2022, we increased spending with diverse suppliers to $1.4 billion — a 33% increase energy assistance, over the previous year and 16.9% of all procurement spending in 2022. support for nonprofits, As we move to deliver increasingly clean energy for our customers, we take steps, direct giving, and more About Dominion Energy 2 Natural Gas Diversity & Reliability 10 informed by clear corporate policy and extensive stakeholder engagement, to ensure outcomes that are consistent with the principles of environmental justice and the just Safety 3 Grid Modernization 11 transition. We’re making progress on our emissions commitments, including reducing carbon dioxide emissions from electric generation by 47% since 2005 and reducing Governance 4 Customers 11 methane emissions from our natural gas operations by 38% since 2010. We achieved our best environmental performance on record, with notices of violation down 87% Our People 5 Energy Value 12 from the average of the past three years, and we earned an “A” on both the 2022 Climate CDP and 2022 Water CDP. Innovation 5 Communities 13 In November of 2022 we launched a comprehensive strategic and financial business review, which is on-going. The review is focused on positioning the company to provide 2022 Sustainability Highlights 6 Suppliers 14 compelling long-term value maximization for customers, employees, and shareholders. As part of the review, we’ve announced the sale of our remaining interest in the Cove Commitments 7 Economic Development 14 Point liquefied natural gas (LNG) facility (which closed in September 2023) as well as pending sales of our three gas utilities that serve customers in Ohio, North Carolina, Sustainability Philosophy 7 Environment 15 Utah, Wyoming, and Idaho. We expect proceeds from these sales will strengthen our balance sheet and create a foundation of financial strength that will enable us to take Net Zero & Fundamentals 8 Sustainability in Action 16 full advantage of the exciting investment opportunities that exist across our regulated electric footprint. Progress on Emissions Reductions 9 All these accomplishments are made possible by the dedication of our talented and diverse employees, who come to work each day invigorated by helping to drive a historic transformation in our industry. I’m confident the role we play in that transformation will ensure a brighter future for our company and the many communities we are proud to serve. FORWARD-LOOKING STATEMENT Our statements about the future and our goals are subject to various risks and uncertainties. For factors that could cause actual results to differ from expected results, see our Risk Factors and Forward-Looking Statements in our quarterly reports on Form 10-Q and most recent ROBERT M. BLUE annual report on Form 10-K filed with the U.S. Securities and Exchange Commission. Chair, President and Chief Executive Officer Novermber 28, 2023 SUSTAINABILITY.DOMINIONENERGY.COM 1
About Dominion Energy About 7 million customers in 15 states energize their homes and businesses with electricity OSHA RECORDABLE INJURY RATE or natural gas from Dominion Energy (NYSE: D), headquartered in Richmond, Va. The company is committed to providing reliable, affordable, and increasingly clean energy every day and to achieving Net Zero emissions by 2050. Please visit DominionEnergy.com to learn more. 1.65 This report primarily focuses on performance in calendar-year 2022. All environmental and other related metrics are inclusive of assets owned in 20221, except Hope Gas, Inc., which was sold in August 2022. Some content referenced in this disclosure may include forward- looking information. For a full discussion of forward-looking information, see our Forward- 0.68 0.62 Looking Statements. Dominion Energy expects future reporting will be adjusted to reflect 0.41 0.46 0.52 the outcome(s) of the company-wide business review announced in November 2022. 1 Please see our 2022 Summary Annual Report and Form 10-K for a description 2018 2019 2020 2021 2022 2021 of assets owned in 2022 as well as a description of the sale of Hope Gas, Inc. Industry Average2 OSHA Recordable Industry Rate OUR CORE VALUES Safety Embrace Change 2 Average of Bureau of Labor Statistics industry data for electric power generation, transmission, and distrbution (NAICS code Our first and most important goal is By welcoming new ideas, Dominion Energy 2211) and natural gas distribution (NAICS code 2212) to send every employee home safe champions innovation. Through innovation, and sound, every day. we will continue to prosper in the years ahead. Safety 0.52 Ethics One Dominion Energy Safety is Dominion Energy’s 昀椀rst core value: Protecting our OSHA recordable injury We do not take shortcuts when reaching for Our shared mission and purpose transcend employees, customers, and communities is always our top priority. rate in 2022 – 68% better our goals and fulfilling our obligations. Our organizational boundaries. Teamwork leads than the industry average reputation depends on ethical behavior. to strong, sustainable performance. Employees are trained on safety practices during on-boarding — practices that are reinforced through safety committees, safety moments before meetings, safety briefings, and continuous learning modules. The company compiles safety metrics in Excellence our internal safety data management system, and reports of incidents and root-cause analyses are shared with employees on a regular basis. Our “Call Before You Dig” We work towards continuous improvement program urges members of the public to seek information regarding the location in all areas of our business. of underground electric cables or gas pipelines in order to avoid striking them unintentionally. Second- and third-party excavation is the leading cause of damage to gas pipelines; since 2019, we have reduced excavation damage at our gas utilities ETHICS & COMPLIANCE by over 19%. We continue to strive for a perfect safety record. Over the past two decades, we have Our company maintains a comprehensive Ethics and Compliance Program, which is overseen by made remarkable progress, cutting our OSHA recordable rate from 1.78 in 2006 to 0.52 the Board of Directors. Our Code of Ethics and Business Conduct explains and promotes lawful in 2022. Our OSHA recordable rate remains roughly one-third of that for our industry. and ethical behavior and is a resource for helping us implement our core values in our everyday ELECTRIC SAFETY decisions and actions. Dominion Energy’s Compliance Committee is composed of senior officers who oversee and From signage and fences at our facilities to aerial inspections and emergency support an enterprise-wide approach to managing critical compliance matters. The Compliance action plans, we take extensive precautions to protect the public from harm. Committee ensures that ethics and compliance expectations are clearly communicated to promote To keep the public informed about nuclear safety, we also provide fact sheets; awareness and consistency across the company. emergency-preparedness guidelines specific to our power stations; and general Employees have a duty to report any suspected noncompliance, misconduct, or unlawful behavior. information on safety planning. In all cases, retaliation for good-faith reporting is strictly prohibited. Employees have multiple options for reporting concerns or asking compliance questions. These NATURAL GAS SAFETY channels include a third-party-managed compliance line with an anonymous reporting option and a We use integrity programs that include numerous oversight, diagnostic, and dedicated email inbox managed by the Ethics and Compliance Program. Direct contact with Human preventive-maintenance tools to mitigate potential issues long before they can Resources, the Law Department, and the Ethics and Compliance Program is also encouraged. become a problem. The integrity programs include distribution and transmission pipelines and underground storage; emergency shut-down systems; and public- awareness campaigns. 2 2022 SUSTAINABILITY AND CORPORATE RESPONSIBILITY REPORT SUSTAINABILITY.DOMINIONENERGY.COM 3
Governance Our People Dominion Energy’s Board of Directors oversees the company’s management and direction We strive to be a workplace where all of our colleagues are and is led by our Chair and an active, independent Lead Director with robust and well-defined respected, valued, and appreciated. duties. The Board has a fiduciary duty to uphold business and investor interests, including sustainability concerns. Accordingly, our Board — and its Sustainability and Corporate We are committed to recruiting top talent through a variety of outreach efforts and a 37% Responsibility Committee — oversee the company’s environmental performance and robust intern-to-employee pipeline, with an intent to reflect the communities we serve. sustainability initiatives, along with our long-term growth strategy. We are equally committed to retaining our talent by investing in our employees’ Diverse workforce development to help them reach their full potential and by creating an inclusive representation in 2022 RISK workplace environment where they feel a sense of belonging. The Board directs our strategy and policies that address the various risks the company faces, In spring 2023, we produced our third Diversity, Equity, and Inclusion Report, which including climate-related risk, and relies on management to execute them. Rigorous enterprise covers calendar year 2022. It shows that we are making progress on our companywide 3 risk management processes are embedded throughout the company. We discuss our approach goal, established in 2020, to reach at least 40% in diverse workforce representation by 3 Dominion Energy defines to risk management further in our filings with the U.S. Securities and Exchange Commission and year-end of 2026. In 2022, we increased diverse workforce representation 1.5 percentage diverse employees as those our most recent Climate Report. For more information about our Board and its responsibilities, points, to 37%. We have accomplished this increase in diverse representation through who identify their gender as see our 2023 Proxy Statement. aggressive outreach and recruitment efforts with all of our varied stakeholder communities. female and/or their race/ We also recognize the risks that cyber and physical threats present to our company Among other things, we expanded our paid family leave policy and continued sharpening ethnicity as American Indian or Alaskan Native, Asian, and our industry. To minimize those risks, we utilize “defense-in-depth” strategies to employ our focus internally through several new and expanded initiatives. Black or African American, rigorous cyber and physical programs overseen by security professionals. Hispanic or Latino, Native 2022 DIVERSITY, EQUITY, AND INCLUSION REPORT Hawaiian or Other Pacific Islander, or Two or More Races. STAKEHOLDER ENGAGEMENT We are committed to having conversations with and learning from all our stakeholders regardless of race, color, national origin, income, faith, or different abilities. We seek to build partnerships THE SUSTAINABILITY EXCHANGE NETWORK and engage with local communities, customers, public officials, investors, and other interested parties on issues important to them through a well-defined Stakeholder Engagement process. In 2022, Dominion Energy launched its internal, This approach extends to environmental justice (EJ), just transition, and other stakeholder employee-focused sustainability education and engagements, such as Tribal relations. Our EJ policy dictates that historically marginalized engagement program, the Sustainability Exchange communities should not be disproportionately harmed by our infrastructure initiatives nor denied Network — a central place where employees can learn the chance to participate in their benefits. For more, see the EJ section in our 2022 Diversity, Equity, and share ideas about sustainability. It launched with five and Inclusion Report. For more on the just transition and how we are working to ensure our focus areas (Net Zero, Electric Vehicles, Grid Transformation, employees and communities are part of that transition, see our latest Climate Report. Gas Sustainability, and Habitat and Conservation) and has The company holds hundreds of meetings with a broad array of stakeholders every year to since expanded to include additional topics. The program listen to and carefully consider their input. For example, while we follow all legal requirements also established an Advocates group, enabling employees for formal Tribal government-to-government consultation with federally recognized Tribes, the to engage with one another on sustainability education company also engages with and supports Tribal communities above and beyond such and outreach activities. requirements throughout the year. Innovation Our innovation strategy is designed to support the clean-energy transition by enhancing In 2022, Dominion Energy conducted Cyber performance; increasing earnings; accelerating the culture of innovation; and exploring new Fortress: a first-of-its-kind exercise carried out with markets for existing businesses and new lines of business in adjacent or other markets. the FBI, the Department of Homeland Security, At our annual Innovation Expo, the 2022 Chair’s Excellence Award went to a team the National Guard Cyber Brigade, the U.S. Army proposing the use of micro-substations to reduce land requirements and reduce costs and Air Force Cyber Brigade, the Virginia State for data-center developers in Northern Virginia. This is but one example of the many Police, and others to simulate, as closely as innovations underway at our company — innovations that will keep us at the leading possible, a nation-state attack on the electric grid. edge of the clean-energy transition. INNOVATION IN ACTION When employees are confronted with novel problems, they frequently come up with creative solutions. In 2022, workers learned that a headgate roller chain had broken loose at our Saluda hydroelectric station in South Carolina. Rather than send a diver into 200 feet of water (requiring mixed gases and decompression), station personnel used a remotely operated vehicle to retrieve the chain. 4 2022 SUSTAINABILITY AND CORPORATE RESPONSIBILITY REPORT SUSTAINABILITY.DOMINIONENERGY.COM 5
2022 Sustainability Highlights Commitments While this report largely re昀氀ects our performance in 2022, Environmental we recognize that stakeholders are interested in assurances 47% 38% Largest 3,000+ MW about the future. Reduction in carbon Reduction in Offshore wind farm Renewable energy Above all, we are committed to providing reliable and increasingly clean energy to our dioxide emissions methane emissions under development capacity in service (as customers at a good value, and to supporting our communities. We have delineated our from electric from natural gas in the United States — of December 31, 2022) specific commitments in a summary that can be found at the link below. generation from operations from 2.6 gigawatts, enough The company’s commitments are consistent with the UN’s Sustainable Development 2005 through 2022 2010 through 2022 to power 660,000 homes Goals and reflect our priorities as a company, together with our judgment about how at peak output best to support customers, employees, investors, and the communities we serve. SUSTAINABILITY COMMITMENTS Social 70% 37% $1.4B $45M Reduction in OSHA Diverse workforce In procurement spending Contributed to address recordable injury rate representation with diverse suppliers— human needs and since 2006 a 33% increase over support education, the our record-breaking environment, and more year in 2021 Governance 36% Board-Level 64% Executive-Level Diverse Board of Sustainability Of board members Climate Council Directors (as of and Corporate have backgrounds in March 27, 2023) Responsibility or understanding of Committee environmental, climate, or sustainability matters, including policy, risks, and regulations (as of March 27, 2023) Sustainability Philosophy AWARDS METRICS Dominion Energy takes an expansive view of sustainability: Numerous organizations have honored our company For a complete account of our 2022 To us, it encompasses environmental stewardship; support for our for its excellence across multiple dimensions. For a emissions and other metrics, please communities; and the promotion of diversity, equity, and inclusion not list of current commendations, visit our Awards page: see the Downloads page: only in our own culture and operations but also in our communities. AWARDS AND RECOGNITION DOWNLOADS PAGE We periodically conduct a third-party-led sustainability priorities assessment to better understand what aspects of sustainability our customers, suppliers, communities, employees, investors, and other stakeholders value — and which ones they value most. This engagement helps us identify emerging concerns and address them. For example, in response to an increased external stakeholder focus on human rights, Dominion Energy formalized and released a standalone Human Rights Policy in September 2022. GRI SASB 6 2022 SUSTAINABILITY AND CORPORATE RESPONSIBILITY REPORT SUSTAINABILITY.DOMINIONENERGY.COM 7
Net Zero & Fundamentals Progress on Emissions Reductions 47% Dominion Energy is committed to addressing climate change. We have cut emissions sharply Most of the company’s Scope 1 emissions come from burning fossil fuels in our Reduction in carbon as we aim for Net Zero carbon and methane emissions by 2050. We are striving to deliver electric generation fleet; methane emissions from our natural gas businesses dioxide emissions from increasingly clean energy while prioritizing safety, reliability, and affordability. account for a small percentage of Scope 1 emissions. As we carry out our electric generation from In February 2022, we expanded our Net Zero commitments to include carbon and methane commitment to deliver increasingly clean energy, our changing generation mix is 2005 through 2022 emissions not only within our direct control (known as Scope 1 emissions) but also emissions driving down emissions on the electric side. We have also found innovative ways upstream of our operations from suppliers and downstream from customers. These expanded to cut emissions from our gas operations. commitments now include Scope 2 emissions and material categories of Scope 3 emissions, Scope 2 emissions constitute only a small sliver of our total emissions, because including: electricity purchased to power the grid, fossil fuel purchased for our power stations we produce most of the electricity consumed by our office buildings and electric and gas distribution systems, and consumption of sales gas by our natural gas customers. vehicles. Nevertheless, we continue to find ways to reduce the electric demand of 38% In December 2022, we published our most recent Climate Report, which follows the our office facilities, both within and outside of our electric service territory. framework of the Task Force for Climate-related Financial Disclosures (TCFD) and which analyzes Scope 3 emissions were almost evenly split between our electric and natural Reduction in methane different paths to attaining Net Zero and the challenges they entail. Overcoming those challenges gas businesses in 2022. We are evaluating and implementing solutions to reduce emissions from natural will require significant advancements in technology and supportive public policy at the federal, Scope 3 emissions, including customer efficiency measures and purchase of gas operations from 2010 state, and local levels. We are committed to working with public officials, regulators, and other lower-carbon fuels for electric generation. through 2022 stakeholders to overcome these challenges, such as permitting of new energy infrastructure. Reliability and affordability remain fundamental to our clean-energy strategy, because the energy transition will not succeed unless customers can count on reliable, affordable service. JUST TRANSITION EMISSIONS REDUCTION PERFORMANCE The company has already begun putting the principles 4 SCOPE 1 EMISSIONS (MT COe) SCOPE 2 EMISSIONS (MT COe) SCOPE 3 EMISSIONS (MT CO e) of a just transition into practice by working with 2 2 2 employees and communities affected by the shift to cleaner energy sources. Our core value of Ethics guides us here: Taking care of 33.0M
Electric Diversity & Reliability Operating diverse types of generation helps maintain reliability by avoiding over-reliance Customers on any given power source — an increasingly important consideration given the projected rapid growth in electric demand, particularly in our Virginia service territory. It also helps We aim to provide a superior maintain affordability by insulating our customers and the company against price shocks customer experience. for a particular fuel source or generation component. Our changing fuel portfolio — particularly the shift from coal generation to gas generation — We offer a variety of digital self-service tools that make has helped us cut emissions while maintaining the reliability our customers depend on. it easier for customers to meet their needs, including Adding more renewables will help us deliver cleaner energy. We also are taking steps paperless bill options, customized usage alerts, and toward using certified, low-emissions gas in our power stations. smart meters that enable remote service connection. In 2022, our electric utilities in Virginia and the Carolinas performed 13% better than We have been ranked by a third party as among the the industry average in customer minutes out. At Dominion Energy South Carolina (DESC), best utilities with which to do business. we turned in the second-best year for reliability in the history of DESC. For large commercial, industrial, and governmental customers, we have dedicated key account managers. If a customer needs assistance, our Key Accounts team 2005 & 2022 COMBINED NET GENERATION FOR THE DATA YEAR (MWh) is available to respond around the clock. In 2023, we rolled out our new Customer Core 4 2005 2022 program, which is designed to enrich the customer 1% 5% Renewables experience by replacing legacy billing and other systems 44% 43% Nuclear used by our customers. 2005 2022 4% 41% Natural Gas 47% 11% Coal 4% 0% Petroleum Grid Modernization Generation amounts reflect adjustments for acquisitions and dispositions based on Dominion Energy’s 2022 ownership interest Dominion Energy Virginia’s Grid Transformation Plan (GT Plan) is a 4 Percentages for 2005 Baseline Net Generation Production corrected on 1/23/24 comprehensive program to prepare the electric distribution grid for the future, improving both resilience and the customer experience. Natural Gas Diversity & Reliability Parts of Phase I of the GT Plan have been operational since 2021. We have made substantial investments in our gas distribution systems to ensure that customers can count on service even in challenging conditions — such as the extreme INVESTING IN INFRASTRUCTURE cold temperatures much of our service territory experienced in January of 2022. RENEWABLE NATURAL GAS We have created two of the largest agriculture-based renewable natural gas (RNG) programs in the country, partnering with Smithfield Foods to create Align RNG, and forming strategic alliances with Vanguard Renewables and the Dairy Farmers of America. Wind Storage Solar Nuclear Electri昀椀cation In early 2023, Align RNG placed into service its second project, and its first project in North Carolina. This project will produce enough RNG from a network of 19 family farms Largest offshore First battery storage 9 GW of solar Extending nuclear Supporting the to heat 4,000 homes. This brought the number of Dominion Energy RNG projects wind project project operational, and storage in licenses to maintain EV transition with producing gas to six, with another 18 in various stages of development. under construction with more to come development (as carbon-free power fast chargers in the U.S. of March 31, 2023) HYDROGEN Hydrogen can produce vast amounts of energy with limited or no carbon emissions. We are testing its use in our operations, and the company was also a participant in five hydrogen-hub coalitions that submitted concept papers to the Department of Energy (DOE) in pursuit of federal funding. The DOE announced in October 2023 that Appalachian Regional Clean Hydrogen Hub (ARCH2), whose supporting coalition included Dominion Energy, would be among the recipients selected for award negotiations, eligible to receive up to $925 million in federal investment. 10 2022 SUSTAINABILITY AND CORPORATE RESPONSIBILITY REPORT SUSTAINABILITY.DOMINIONENERGY.COM 11
In 2022, our colleagues volunteered 95,000 hours. Read more about our employees’ volunteer efforts in our Diversity, Equity, and Inclusion Report. Energy Value 40+ Communities $19.1M On average, the company’s residential rates have remained Energy-efficiency Sustainability is about meeting needs and fostering long-term Contributed by the consistently below national and regional averages. programs that help growth — not just for Dominion Energy, but also for the Dominion Energy customers reduce their Charitable Foundation With lower monthly rates that went into effect on July 1, 2023, the typical energy use and save communities where we live and serve. and our employee Dominion Energy Virginia residential customer paid electric rates which money are offered in giving program Virginia alone In 2022, we contributed $45 million to social betterment, including $19.1 million from were 21% below the national average and 36% below the East Coast the Dominion Energy Charitable Foundation and our employee giving program. Those regional average. We also offer an extensive array of energy-efficiency funds supported human needs, environmental stewardship, education, community programs (including more than 40 in Virginia alone) that help customers vitality, and social justice. reduce their energy use and save money. Among the Foundation’s signature programs is Solar for Students, which provides Dominion Energy South Carolina started the Neighborhood Energy young people the chance to learn firsthand about harnessing energy from a solar array. Efficiency Program (NEEP) in 2013 to provide eligible customers with energy 968,000 We continued to support Historically Black Colleges and Universities (HBCUs) in education and direct no-cost installation of energy-saving improvements. 2022 through the six-year, $25-million Dominion Energy HBCU Promise® Individuals and , and to Beyond NEEP, customers can take advantage of the energy-efficiency tips, families helped since support diverse students through the six-year, $10-million Dominion Energy rebates and incentives associated with all EnergyWise programs. During the the inception of our Educational Equity Scholarship program. We also announced two new programs: past 10 years, Dominion Energy customers in South Carolina have reduced signature program electricity usage by more than 992,000 megawatt hours — that’s enough EnergyShare • ® energy to power approximately 88,500 homes for a year. The Building Hispanic Talent Initiative, a three-year, $2-million partnership with the Hispanic Association of Colleges and Universities • SM ASSISTANCE PROGRAMS Promesa: The Hispanic Higher Education Initiative , a three-year, $1-million-plus partnership with seven colleges and universities To help customers who are struggling financially, we offer different types of assistance. Our signature program is EnergyShare, which provides heating and For more on these programs, see the Talent section of our Diversity, Equity, and cooling assistance to customers facing financial hardship. In 2022, EnergyShare Inclusion Report. celebrated its 40th anniversary. Since its inception, it has helped more than 968,000 individuals and families. If all those beneficiaries lived in one city, it Our veteran-focused Dominion Energy Charity Classic — a PGA Tour Champions golf would be the 11th-largest city in the U.S., based on 2020 population data. tournament held annually in Richmond, Virginia — raised more than $2 million for charity in 2022, bringing the total to more than $9 million since the first Classic was played in 2016. 12 2022 SUSTAINABILITY AND CORPORATE RESPONSIBILITY REPORT SUSTAINABILITY.DOMINIONENERGY.COM 13
Suppliers We are dedicated to building a more diverse and sustainable supplier base while reducing our environmental impact and protecting human rights throughout our value chain. People from a variety of diverse backgrounds live in the communities we serve. When we hire diverse businesses, we contribute to the vibrancy and success of these neighborhoods. CONGAREE RIVER CLEANUP When it comes to our commitment to working with partners and suppliers as diverse as the communities we serve — Dominion Energy is All In. Our Supplier Diversity program has produced substantial results: In 2022, we increased In 2010, tar-like material was found in the Congaree River spending with diverse suppliers to $1.4 billion — a 33% increase over the previous year and and was reported to the South Carolina Department of 16.9% of all procurement spending in 2022. We aim to reach 20% by 2025. A wider pool of Health and Environmental Control (DHEC). Lab testing suppliers makes the bidding process more competitive: New bidders often bring greater showed the material is consistent with coal tar created innovation, ingenuity, and cost efficiency to the table than entrenched incumbents. at a former manufactured-gas plant that was operated in In September 2022, we hosted two major events to engage suppliers: Our Convergence Columbia about a century ago by predecessor supplier diversity event, which brought together almost 400 diverse businesses and industry companies of Dominion Energy South Carolina. stakeholders to develop business and partnership opportunities, and our Momentum supply Dominion Energy worked with DHEC, the Congaree chain sustainability event, which educated key suppliers on critical supply chain sustainability Riverkeeper, and other stakeholders to develop a plan topics and encouraged partnership in achieving our sustainability objectives. for removal. The work began in May 2022, and the Annually, we conduct a sustainability assessment of how key material and services DHEC termed the first year of work a “huge success.” suppliers manage environmental, social, and governance impacts across their organization. In October 2023, the DHEC confirmed the sediment These efforts contributed to our receiving an A- from CDP for Supplier Engagement. remediation work was complete — a full year ahead Since 2021, Dominion Energy has cosigned the Solar Energy Industries Association’s of schedule. Shoreline restoration is underway. Forced Labor Prevention Pledge. More than 35,000 tons of impacted sediment were Learn more about our commitment to Supplier Diversity and Supply Chain Sustainability in removed from affected areas. In addition, several Civil our Diversity, Equity, and Inclusion Report. War-era artifacts were discovered and turned over to archaeologists for preservation. SUPPLIER DIVERSITY ECONOMIC IMPACT REPORT More information is available on our Congaree River Sediment Cleanup website. Economic Development 100+ Environment We work to expand economic opportunities for communities across America. Our team of Economic-development We have a deep appreciation for the environment. energy experts assists with site selection, infrastructure design, and establishing critical projects supported in business relationships to help expand, relocate, and bring business to our service territories. 2022, representing more We’re working hard to reduce our impact on it — protecting wildlife and Dominion Energy We aspire to be a valued, premier economic development partner and solution provider than $20 billion worth of habitats, conserving water, and reducing waste — so future generations earned an “A” for both that is best in class for making mutually beneficial connections among people, places, investment and 30,000 jobs will be able to enjoy the world around them. We maintain a strict Corporate Climate Change and and business. Environmental Policy and promote environmental and social stewardship. Water Security in the In 2022, we worked with companies such as LEGO (Virginia), VinFast (North Carolina), 2022 rankings from CDP Tractor Supply Co. (Ohio), Envision AESC (South Carolina), and Greenfield Energy (Utah) to CLEAN WATER meet their energy needs for new facilities. All told, we supported more than 100 economic- Dominion Energy earned an “A” for both Climate Change and Water Security in development projects representing more than $20 billion worth of investment and 30,000 jobs. the 2022 rankings from CDP. We have made several commitments to protect In Northern Virginia — a way station for vast amounts of internet data — Dominion water resources, including: Energy provides the electricity essential to keep the rapidly growing number of data centers 42% running. In the Hampton Roads region, we have collaborated with the Commonwealth of The Port of Virginia®: • Replacing oil-filled electrical equipment to mitigate the risk of an oil release; Reduction in landfill waste ® Virginia and The Port of Virginia to support the Port’s operational electricity needs from clean Ahead of Schedule, Port • Saving 21 million gallons of water in our gas distribution production business at select warehouses energy sources, furthering their commitment to become completely carbon-neutral by 2040. Moves Forward on Net-Zero through 2024; and For more on our economic-development work, see our Economic Development webpage. Carbon Goal with Clean • Reducing by 50% our freshwater withdrawn per megawatt-hour (MWh) to Power Agreement generate electricity by 2030. RURAL BROADBAND High-speed internet is a necessity, but providing it to rural communities is often not HABITAT & BIODIVERSITY 284 tons cost-effective for internet service providers (ISPs). As we upgrade our grid, we can We use a variety of measures to protect wildlife and natural habitats, such as use excess fiber-optic capacity to provide the crucial “middle mile” to help ISPs reach exclusion systems that keep wildlife away from infrastructure, and we engage Of furniture, fixtures, unserved homes and businesses. We now have partnerships with more than 25 counties with both regulatory bodies and subject-matter experts to inform our approach. and equipment diverted and numerous ISPs and electric cooperatives focused on building more than 2,500 miles We also maintain a growing expanse of pollinator habitat across our territory: from landfills to reuse of middle-mile fiber across Virginia. By the end of 2022, we were maintaining over 43,000 acres for pollinators. after renovations 14 2022 SUSTAINABILITY AND CORPORATE RESPONSIBILITY REPORT SUSTAINABILITY.DOMINIONENERGY.COM 15
Sustainability in Action We make progress, not just promises. Below are a few examples of how we have put our commitments into action. The Surry Water Savings MARK ANTHONY BREWING COMPANY project won the 2023 When the Mark Anthony brewing company needed to build a new facility in POWER Water Award from Columbia, South Carolina, quickly to keep pace with rising demand, Dominion Power Magazine: Energy ran a tap line, set up the brewery’s power supply, and built a gas line at Dominion Energy’s Reverse what Columbia Regional Business Report called “a lightning pace” to ensure Osmosis Concentrate the brewery’s success. Recovery System Wins POWER’s Water Award (powermag.com) SURRY WATER RECOVERY PROJECT In Virginia, at Surry Nuclear Power Station (Surry), we reduced our annual water withdrawal from the Upper Potomac Aquifer by 13.9 million gallons by implementing an innovative and cost-effective water-recovery project. Two pressurized water reactors operate at Surry. Because plant systems require ultra-pure, electronic-grade water, water drawn from the Upper Potomac Aquifer undergoes a reverse osmosis purifying process. This produces purified water, which is used in the station, and reject water, which does not meet plant specifications. Until last year, reject water accounted for approximately 76,000 gallons per day. In 2022, we began reprocessing the reject water with a second round of reverse osmosis. This has cut the volume of water needed from the aquifer by 38,000 gallons daily. SHEEP ON SOLAR SITES PHOTO CAPTIONS Page 13: For more than 40 years, our EnergyShare program has helped We have turned to some wooly friends to help Front cover: As part of a pilot program to reduce emissions at Dominion qualified customers meet their energy needs by providing financial Energy solar sites, sheep provide a natural alternative to managing vegetation. assistance on their energy bills and free efficiency upgrades to their homes. maintain vegetation at our solar sites. Roughly 500 Guardian dogs direct the flock and protect it from potential predators. Page 15: Dominion Energy uses a variety of measures to protect wildlife sheep live on five Dominion Energy solar sites in Inside front cover: Chair, President and CEO Bob Blue. and natural habitats. Greensville, Louisa, Mecklenburg, Middlesex, and Page 2: Solar energy plays an essential role in our company’s Page 16: Sheep provide a natural alternative to vegetation management Sussex counties in Virginia, tending the grass and clean-energy strategy. at company solar facilities in Virginia. other plants. The sheep significantly reduce the Page 3: Safety is the top priority of our diverse workforce. Inside back cover: Cradled in Virginia’s rugged Allegheny Mountains, Dominion need for mechanical lawnmowers. They’ve proven Page 3: Our regional systems operations centers use state-of-the-art Energy’s Bath County Pumped Storage Facility is the world’s second-most technology and cybersecurity measures. powerful pumped storage generating station, which quietly balances the to be more cost-effective and better for the electricity needs of millions of homes and businesses across six states. environment, and make the land dual-purpose, Page 4: Our Emergency Preparedness Team coordinates the company’s CREDITS response to major storms by staging equipment before a storm, serving both energy and agriculture. arranging lodging for crews in the field, and more. © 2023 Dominion Energy, Inc., Richmond, Virginia Page 6: Through Dominion Energy Virginia’s Rural Broadband Program, DESIGN excess capacity on new fiber-optic cable helps provide broadband access to Ideas On Purpose, New York, New York rural Virginians. ideasonpurpose.com Page 7: Hydropower is one of the oldest and largest sources for generating clean, renewable, and affordable electricity. PRINTING Page 8: At Dominion Energy, we are finding ways to save energy and Worth Higgins & Associates, Richmond, Virginia reduce carbon and methane emissions through technologies such as worthhiggins.com ZEVAC, which reduces emissions from natural gas systems. ® 2022 SCR – PHOTO CREDIT Page 10: Dominion Energy’s Coastal Virginia Offshore Wind pilot project and Dominion Energy, Inc., front cover; pages 2, 3, 4, 5, 6, 7, 8, 10, 11, 12, 13, its turbines provide clean, renewable energy off the shores of Virginia Beach. 15, 16, and inside back cover. Joe Mahoney, inside front cover. Page 11: Dominion Energy offers a variety of digital tools that make it easier for customers to meet their needs, including paperless billing and customized The FSC®trademark identifies products that usage alerts, as well as options to sign up for our GreenPower program. contain fiber from well-managed forests certified Page 12: Dominion Energy’s linemen are ready to perform at their peak to the FSC forest management standard. to keep the lights on and power your every day. SUSTAINABILITY.DOMINIONENERGY.COM FOLLOW @DOMINIONENERGY 16 2022 SUSTAINABILITY AND CORPORATE RESPONSIBILITY REPORT
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