{"id":513655,"date":"2021-07-15T10:33:20","date_gmt":"2021-07-15T14:33:20","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/dominion-energy-issues-updated-tcfd-compliant-climate-report-consistent-with-1-5-degree-scenario-paris-agreement-on-climate-change\/"},"modified":"2021-07-15T10:33:20","modified_gmt":"2021-07-15T14:33:20","slug":"dominion-energy-issues-updated-tcfd-compliant-climate-report-consistent-with-1-5-degree-scenario-paris-agreement-on-climate-change","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/dominion-energy-issues-updated-tcfd-compliant-climate-report-consistent-with-1-5-degree-scenario-paris-agreement-on-climate-change\/","title":{"rendered":"Dominion Energy Issues Updated, TCFD-Compliant Climate Report Consistent with 1.5-Degree Scenario, Paris Agreement on Climate Change"},"content":{"rendered":"<div class=\"xn-newslines\">\n<h2 class=\"xn-hedline\">&#8211; Highlights potential paths to net zero emissions by 2050 across Dominion Energy&#8217;s gas, electric businesses in 16 states<\/h2>\n<h2 class=\"xn-hedline\">&#8211; Describes the company&#8217;s progress toward achieving Scope 1 emissions milestone targets; provides Scope 2 and 3 emissions data<\/h2>\n<h2 class=\"xn-hedline\">&#8211; Discusses climate-related risks and highlights robust risk-management governance<\/h2>\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">RICHMOND, Va.<\/span>, <span class=\"xn-chron\">July 15, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0Dominion Energy (NYSE: D) today published an <a target=\"_blank\" href=\"https:\/\/www.dominionenergy.com\/-\/media\/pdfs\/global\/company\/esg\/2021-climate-report.pdf\" rel=\"nofollow noopener\">updated Climate Report<\/a>\u00a0highlighting potential paths that support the company&#8217;s target to achieve net zero Scope 1 emissions from its electric and gas operations by 2050. The report conforms to the Task Force on Climate-related Financial Disclosures (TCFD) framework and is consistent with 1.5-degree scenario modeling as well as the Paris Agreement on Climate Change.\u00a0 <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/510462\/Dominion_Energy_Logo.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/510462\/Dominion_Energy_Logo.jpg\" title=\"(PRNewsfoto\/Dominion Energy)\" alt=\"(PRNewsfoto\/Dominion Energy)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>\n        <span class=\"xn-person\">Robert M. Blue<\/span>, chair, president, and chief executive officer, said:<\/p>\n<p>&#8220;Dominion Energy has been a leader in greenhouse emissions reductions over the past 15 years. Our customers expect safe, affordable, reliable, and increasingly sustainable energy \u2014 which is why decarbonization is at the center of our business strategy. Today&#8217;s report demonstrates our continued commitment to transparent progress toward our net zero ambitions.&#8221;<\/p>\n<p>Key takeaways from the report include:<\/p>\n<ul type=\"disc\">\n<li>A strong climate governance framework that guides the\u00a0company&#8217;s\u00a0corporate\u00a0strategy and risk management\u00a0processes; <\/li>\n<li>A variety of potential pathways to achieving net zero emissions consistent with the company&#8217;s goals; <\/li>\n<li>The need for ongoing, significant advances in technology and supportive public policy; <\/li>\n<li>A robust discussion of the risks, mitigants, and opportunities posed by climate change; and <\/li>\n<li>A description of the company&#8217;s emissions for Scopes 1, 2, and 3; its progress on reducing emissions; and its interim targets for Scope 1 emissions.<\/li>\n<\/ul>\n<p>With the\u00a0effects\u00a0of climate change\u00a0emerging globally, Dominion Energy\u00a0has\u00a0a\u00a0vital role to play in\u00a0reducing emissions.\u00a0As\u00a0the company transitions\u00a0to\u00a0net zero, it is thoughtfully exploring solutions\u00a0that can\u00a0accelerate decarbonization\u00a0and\u00a0help limit stakeholder exposure\u00a0to risks,\u00a0while remaining true to its mission of providing safe, reliable, and affordable service to millions of households and businesses in the U.S.\u00a0<\/p>\n<p>More than <a target=\"_blank\" href=\"https:\/\/www.dominionenergy.com\/our-company\/operating-segments\" rel=\"nofollow noopener\">7 million customers in 20 states<\/a>\u00a0energize their homes and businesses with electricity or natural gas from Dominion Energy (NYSE: D), headquartered in\u00a0Richmond, Va.\u00a0The company is <a target=\"_blank\" href=\"https:\/\/www.dominionenergy.com\/ourpromise\" rel=\"nofollow noopener\">committed to sustainable, reliable, affordable and safe energy<\/a>\u00a0and to achieving net zero carbon dioxide and methane emissions from its power generation and gas infrastructure operations by 2050.\u00a0Please visit <a target=\"_blank\" href=\"https:\/\/www.dominionenergy.com\/\" rel=\"nofollow noopener\">DominionEnergy.com<\/a>\u00a0to learn more.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=PH44870&amp;sd=2021-07-15\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/dominion-energy-issues-updated-tcfd-compliant-climate-report-consistent-with-1-5-degree-scenario-paris-agreement-on-climate-change-301334829.html\">https:\/\/www.prnewswire.com\/news-releases\/dominion-energy-issues-updated-tcfd-compliant-climate-report-consistent-with-1-5-degree-scenario-paris-agreement-on-climate-change-301334829.html<\/a><\/p>\n<p>SOURCE  Dominion Energy<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=PH44870&amp;Transmission_Id=202107151030PR_NEWS_USPR_____PH44870&amp;DateId=20210715\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8211; Highlights potential paths to net zero emissions by 2050 across Dominion Energy&#8217;s gas, electric businesses in 16 states &#8211; Describes the company&#8217;s progress toward achieving Scope 1 emissions milestone targets; provides Scope 2 and 3 emissions data &#8211; Discusses climate-related risks and highlights robust risk-management governance PR Newswire RICHMOND, Va., July 15, 2021 \/PRNewswire\/ &#8212;\u00a0Dominion Energy (NYSE: D) today published an updated Climate Report\u00a0highlighting potential paths that support the company&#8217;s target to achieve net zero Scope 1 emissions from its electric and gas operations by 2050. The report conforms to the Task Force on Climate-related Financial Disclosures (TCFD) framework and is consistent with 1.5-degree scenario modeling as well as the Paris Agreement on Climate Change.\u00a0 Robert M. Blue, chair, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/dominion-energy-issues-updated-tcfd-compliant-climate-report-consistent-with-1-5-degree-scenario-paris-agreement-on-climate-change\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Dominion Energy Issues Updated, TCFD-Compliant Climate Report Consistent with 1.5-Degree Scenario, Paris Agreement on Climate Change&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-513655","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Dominion Energy Issues Updated, TCFD-Compliant Climate Report Consistent with 1.5-Degree Scenario, Paris Agreement on Climate Change - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/dominion-energy-issues-updated-tcfd-compliant-climate-report-consistent-with-1-5-degree-scenario-paris-agreement-on-climate-change\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dominion Energy Issues Updated, TCFD-Compliant Climate Report Consistent with 1.5-Degree Scenario, Paris Agreement on Climate Change - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"&#8211; Highlights potential paths to net zero emissions by 2050 across Dominion Energy&#8217;s gas, electric businesses in 16 states &#8211; Describes the company&#8217;s progress toward achieving Scope 1 emissions milestone targets; provides Scope 2 and 3 emissions data &#8211; Discusses climate-related risks and highlights robust risk-management governance PR Newswire RICHMOND, Va., July 15, 2021 \/PRNewswire\/ &#8212;\u00a0Dominion Energy (NYSE: D) today published an updated Climate Report\u00a0highlighting potential paths that support the company&#8217;s target to achieve net zero Scope 1 emissions from its electric and gas operations by 2050. The report conforms to the Task Force on Climate-related Financial Disclosures (TCFD) framework and is consistent with 1.5-degree scenario modeling as well as the Paris Agreement on Climate Change.\u00a0 Robert M. 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The report conforms to the Task Force on Climate-related Financial Disclosures (TCFD) framework and is consistent with 1.5-degree scenario modeling as well as the Paris Agreement on Climate Change.\u00a0 Robert M. Blue, chair, &hellip; Continue reading \"Dominion Energy Issues Updated, TCFD-Compliant Climate Report Consistent with 1.5-Degree Scenario, Paris Agreement on Climate Change\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/dominion-energy-issues-updated-tcfd-compliant-climate-report-consistent-with-1-5-degree-scenario-paris-agreement-on-climate-change\/","og_site_name":"Market Newsdesk","article_published_time":"2021-07-15T14:33:20+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/510462\/Dominion_Energy_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/dominion-energy-issues-updated-tcfd-compliant-climate-report-consistent-with-1-5-degree-scenario-paris-agreement-on-climate-change\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/dominion-energy-issues-updated-tcfd-compliant-climate-report-consistent-with-1-5-degree-scenario-paris-agreement-on-climate-change\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Dominion Energy Issues Updated, TCFD-Compliant Climate Report Consistent with 1.5-Degree Scenario, Paris Agreement on Climate Change","datePublished":"2021-07-15T14:33:20+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/dominion-energy-issues-updated-tcfd-compliant-climate-report-consistent-with-1-5-degree-scenario-paris-agreement-on-climate-change\/"},"wordCount":413,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/dominion-energy-issues-updated-tcfd-compliant-climate-report-consistent-with-1-5-degree-scenario-paris-agreement-on-climate-change\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/510462\/Dominion_Energy_Logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/dominion-energy-issues-updated-tcfd-compliant-climate-report-consistent-with-1-5-degree-scenario-paris-agreement-on-climate-change\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/dominion-energy-issues-updated-tcfd-compliant-climate-report-consistent-with-1-5-degree-scenario-paris-agreement-on-climate-change\/","name":"Dominion Energy Issues Updated, TCFD-Compliant Climate Report Consistent with 1.5-Degree Scenario, Paris Agreement on Climate Change - 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