Dominion Energy

Virginia
Energy

Corprate Bias Ratings

Risk Level:

Rating - Caution
Medium Risk

Dominion Energy vets vendors according to LGBTQ policies and does not provide its employees with protections against viewpoint discrimination. However, it has not publicly terminated business relationships based on views or beliefs. The company covers the cost of "medically necessary transition-related care" for its employees and their children. The company pledged $40 million to BLM and related causes. However, Dominion does not discriminate against religious organizations in its charitable giving and has not used its PAC contributions for ideological purposes. For these reasons, Dominion Energy receives a Medium Risk rating.

Criteria
Risk Level
Rationale
Corporate Weaponization
Criteria

Has denied service to customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level
Rationale

Dominion Energy has not publicly fired customers, suppliers, or vendors based on political views or religious beliefs. It received a score of 100 on the Human Rights Campaign’s (HRC) Corporate Equality Index. Among other requirements, this means the company has a written policy pledging to vet vendors for LGBTQ policies (1)(2).

Criteria

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level
Rationale

Dominion Energy does not discriminate against religious organizations in its charitable giving. The company says it will not match employee donations to “social, religious or political groups”, but it appears to give to religious organizations that provide non-sectarian services such as Habitat for Humanity and the Salvation Army (1)(2). It encourages donations to education, health care, cultural organizations, and civic and social service organizations and does not unilaterally prohibit religious donations.

Criteria

Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.

Risk Level
Rationale

Dominion Energy does not provide viewpoint protections for its employees (1).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.

Risk Level
Rationale

Dominion Energy has posted on its website in celebration of Pride Month. This post features the company’ participation in and support for LGBT causes (1).

Criteria

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level
Rationale

Dominion Energy has a perfect score on the HRC’s 2022 Corporate Equality Index. This score indicates the company covers the cost of “medically necessary transition-related care” for its employees and their children (1)(2). Dominion Energy does fundraise for some local LGBTQ groups and supports local Pride parades in some areas where it has a presence (3). Dominion Energy has also pledged $40 million to the Black Lives Matter movement and related causes, including various Urban League affiliates (4)(5). The company is a corporate partner of the National LGBT Chamber of Commerce (6).

Criteria

Uses corporate political contributions for ideological, non-business purposes.

Risk Level
Rationale

Dominion Energy has not used its political contributions for ideological purposes (1).

All links were last accessed and all information was updated on:
December 5, 2023

Company reports are intended for educational use only. Full Disclaimer

Voting History

Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
5/10/23GovernanceJohn CheveddenIndependent Board ChairAgainst40.30%
5/11/22SocialN/A - UndisclosedReport on Risk and Impacts of Natural Gas UseNo Recommendation80.13%
5/11/22GovernanceN/A - UndisclosedSpecial Meetings - Reduce Ownership Req. to 10%Against33.15%
5/11/22SocialN/A - UndisclosedSet Medium Term Scope 3 GHG Emisson Reduction TargetsAgainst15.76%
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