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Dominion Energy Continues DE&I Journey

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Dominion Energy released its second annual Diversity, Equity, and Inclusion (DE&I) Report, highlighting significant progress in 2021. Diverse hiring rose from 50.7% to 57.5%, and workforce representation increased to 35.5%. The company aims to achieve 40% diverse workforce representation by 2026. In 2021, Dominion spent $1 billion with diverse suppliers, a 24.5% increase from 2020, and contributed $11.4 million to DE&I organizations. The firm has been recognized as one of the Best Employers for Diversity by Forbes and received accolades for supporting LGBTQ+ equality.

Positive
  • Increased diverse hiring from 50.7% to 57.5% and workforce representation to 35.5%.
  • Aims for 40% diverse workforce representation by 2026.
  • Spent $1 billion with diverse suppliers, up 24.5% from 2020.
  • Contributed $11.4 million to DE&I organizations.
Negative
  • None.
  • Company publishes the second annual Diversity, Equity and Inclusion Report
  • Increases diverse hiring and workforce representation again
  • Ranked Best Employer for Diversity

RICHMOND, Va., Sept. 29, 2022 /PRNewswire/ -- Dominion Energy today released its second annual report on diversity, equity and inclusion (DE&I). The report shows the company made continued progress in all three areas in 2021. Of particular note, the company has increased diverse hiring, diverse workforce representation, spending with diverse suppliers, and support for organizations that promote DE&I. 

"Diversity is a strength. To succeed, we know we must attract, develop, and retain the best talent, casting a wide net to achieve the best result," said Robert M. Blue, Dominion Energy's chair, president and chief executive officer. "Diverse teams are more creative, thoughtful, and resilient. They also create better business outcomes. These are the attributes our customers and shareholders need us to have. This is our competitive advantage."

Among the report's highlights, Dominion Energy has:

  • Increased diverse hiring from 50.7% to 57.5% and increased diverse workforce representation to 35.5% in 2021.
  • Committed to increasing diverse workforce representation to 40% by 2026, and is on track to achieve that goal.
  • Spent $1 billion with diverse suppliers in 2021 — a 24.5% increase over 2020.
  • Contributed $11.4 million to organizations that support DE&I — including $5.3 million for the HBCU Promise and $530,000 in Educational Equity Scholarships.
  • Been rated among the Best Employers for Diversity by Forbes Magazine
  • Been named among the Best Places to Work for LGBTQ+ Equality (Human Rights Campaign).
  • Joined forces with the Hispanic Association of Colleges and Universities (HACU) to create the Building Hispanic Talent Initiative — a three-year, $2-million initiative to increase educational equity.

Learn more by visiting dei.dominionenergy.com.

About Dominion Energy 

About 7 million customers in 15 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 safely providing reliable, affordable and sustainable energy and to achieving Net Zero emissions by 2050. Please visit DominionEnergy.com to learn more.

 

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/dominion-energy-continues-dei-journey-301636944.html

SOURCE Dominion Energy

FAQ

What progress did Dominion Energy make in its DE&I efforts in 2021?

Dominion Energy increased diverse hiring from 50.7% to 57.5% and workforce representation to 35.5% in 2021.

What are Dominion Energy's goals for diverse workforce representation?

Dominion aims to achieve 40% diverse workforce representation by 2026.

How much did Dominion Energy spend with diverse suppliers in 2021?

Dominion Energy spent $1 billion with diverse suppliers in 2021, marking a 24.5% increase over 2020.

What financial contributions did Dominion Energy make to support DE&I?

In 2021, Dominion Energy contributed $11.4 million to organizations that support diversity, equity, and inclusion.

How has Dominion Energy been recognized for its DE&I initiatives?

Dominion Energy was ranked among the Best Employers for Diversity by Forbes and recognized for supporting LGBTQ+ equality.

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