Dominion Energy

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Dominion Energy is a US-based utility company that provides electricity and natural gas to over 7 million customers in 20 states. The company was founded in 1909 and is headquartered in Richmond, Virginia.
Business segments
Dominion Energy's business is organized into three main segments:
1. Power Delivery: This segment provides regulated electric transmission and distribution services in Virginia and North Carolina.
2. Power Generation: This segment operates a diverse portfolio of power plants, including natural gas, coal, nuclear, and renewable energy facilities.
3. Gas Infrastructure: This segment operates natural gas storage and transmission pipelines, as well as gas distribution services in Ohio, West Virginia, Pennsylvania, and parts of North Carolina, South Carolina, and Georgia.
Financials
Dominion Energy had total revenues of $12.6 billion in 2020. The company's net income for the same year was $3.9 billion. As of December 31, 2020, Dominion Energy had total assets of $85.6 billion.
Environmentalism and sustainability
In recent years, Dominion Energy has taken steps to address environmental concerns and promote sustainable practices. The company has committed to reducing its carbon emissions by 55% by 2030 and achieving net-zero carbon and methane emissions by 2050. Dominion Energy also has plans to expand its renewable energy portfolio, including increasing its solar and wind energy capacity.
Community involvement
Dominion Energy is committed to being an active and responsible corporate citizen in the communities it serves. The company has various philanthropic initiatives, including the Dominion Energy Charitable Foundation, which provides grants to support education, the environment, and community vitality. Dominion Energy also encourages its employees to volunteer in their communities through its "Power for Good" program.
Legal issues
In February 2021, Dominion Energy agreed to pay $25 million to settle a lawsuit filed by the state of Virginia over the company's alleged role in the construction of a contaminated landfill.
In 2019, the company also faced backlash for its involvement in the construction of the Atlantic Coast Pipeline, which was ultimately canceled due to environmental concerns and legal challenges.
Leadership
The current CEO and Chairman of Dominion Energy is Robert M. Blue. He has been with the company since 2005 and has held various leadership positions before assuming his current role in 2020.
Overall, Dominion Energy is a leading energy company with a strong presence in the US and a commitment to sustainability and community involvement. However, the company has faced some controversy and legal challenges in recent years.

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See Company Q&A