Dominion Energy Issues Inaugural DE&I Report; Sharpens Focus on Diversity, Equity, and Inclusion

<br /> Dominion Energy Issues Inaugural DE&I Report; Sharpens Focus on Diversity, Equity, and Inclusion<br />

Dominion Energy Issues Inaugural DE&I Report; Sharpens Focus on Diversity, Equity, and Inclusion

– Company issues first external report devoted exclusively to DE&I and publishes EEO-1 data

– Diverse hiring, diverse representation in workforce and leadership all improve

– Explicit targets chart course for further progress

PR Newswire


RICHMOND, Va.

,

Nov. 19, 2021

/PRNewswire/ — Diversity, equity, and inclusion (DE&I) are all improving at Dominion Energy (NYSE: D), according to the

company’s first external report

on the subject. “Power Through People” details the company’s DE&I journey and highlights company workforce data from 2016 through 2020.  It also lays out clear and specific commitments for further progress.

“We’ve come a long way on diversity, equity, and inclusion,” said Dominion Energy Chair, President, and Chief Executive Officer

Robert M. Blue

. “And we have more work to do. Our vision is to become the most sustainable energy company in the country, and we are in this for the long haul.”

According to the report:

  • From 2016 through 2020, diverse representation increased companywide, at the leadership level, and at the executive level (the CEO’s direct reports are 71% diverse, for example).
  • During the same period, diverse hiring grew 13.4 percentage points, from 36.2% to 49.6%, and diverse workforce representation grew 2.7 percentage points, from 31.9% to 34.6%.
  • Dominion Energy is committed to increasing diverse workforce representation 1 percentage point each year, from a baseline of 33.2 % (at the end of 2019), with a goal of reaching at least 40% by year-end 2026.
  • The company reached the 1 percentage-point target in 2020.
  • Over the past five years, the company has averaged 10.4% growth per year in spending with diverse suppliers.

The report, which includes workforce representation data as well as the latest EEO-1 data, also discusses Dominion Energy’s programs to recruit, hire, train, and support individuals from all backgrounds, and its support of diverse communities — whether those communities are defined by geography, economics, race/ethnicity, gender, or some other characteristic.

In 2020, the company:

  • Launched and contributed

    $2 million

    toward a two-year,

    $5 million

    Social Justice and Community Rebuilding Grants Initiative to help address the fundamental causes of systemic racism.
  • Contributed an additional

    $2.2 million

    from the Dominion Energy Charitable Foundation to organizations that directly support DE&I.
  • Announced a six-year,

    $25 million

    commitment to support Historically Black Colleges and Universities and

    $10 million

    to provide scholarships to students from underrepresented communities.

“Publishing this report is one way we hold ourselves accountable,” said

Carter Reid

, executive vice president, chief of staff and president-Dominion Energy Services. “We want Dominion Energy to be a place where all people feel welcome and are treated with dignity, fairness, and respect.  We are embedding a culture of DE&I throughout the company, setting goals to help us continue to grow, and measuring our performance as we go.”



About Dominion Energy



More than

7 million customers in 16 states

energize their homes and businesses with electricity or natural gas from Dominion Energy (NYSE: D), headquartered in Richmond, Va. The company is

committed to sustainable, reliable, affordable, and safe energy

and to achieving net zero carbon dioxide and methane emissions from its power generation and gas infrastructure operations by 2050. Please visit

DominionEnergy.com

to learn more.

Cision
View original content to download multimedia:

https://www.prnewswire.com/news-releases/dominion-energy-issues-inaugural-dei-report-sharpens-focus-on-diversity-equity-and-inclusion-301429125.html

SOURCE Dominion Energy