Letter From the Chair
At Dominion Energy, we consider diversity, equity, and inclusion (DE&I) profoundly important — both because DE&I makes us a stronger, more successful company, and because we believe treating people right is a moral imperative.
To drive home that importance we set clear goals, and we hold ourselves accountable by tying performance to compensation. In keeping with our company motto, Actions Speak Louder, we publish our track record on this and other important topics so our employees, customers, communities, investors, and other stakeholders can see how well we are delivering on our promises.
In 2020, we embraced a companywide goal to reach at least 40% in diverse workforce representation by year-end of 2026. Through 2022, we have grown diverse workforce representation to 37%, a 3.7 percentage-point increase since the goal was initiated. We have increased the diversity of the Board of Directors from 33% to 36% — nearly double what it was in 2016. We announced the Building Hispanic Talent InitiativeSM and the Promesa: The Hispanic Higher Education InitiativeSM, continued to fulfill our commitments to the Dominion Energy HBCU Promise® in support of Historically Black Colleges and Universities, hosted another successful Careers in Energy Diversity Student Conference, continued to prioritize recruitment and support of military service members, veterans and their families, and launched other initiatives, such as a Native Pathways internship program to increase Native American representation at our company.
But DE&I matters in ways that go beyond hiring and retention. We embed DE&I in all aspects of our business — for instance, through our rigorous environmental justice program. We review every major construction project to make sure it does not place an undue burden on historically marginalized communities, and to make sure such communities have equal access to the jobs and other benefits those projects provide. We take a deliberate approach to building strong relationships with Native American Tribes and have a full-time program manager who leads and facilitates engagement with these communities. As part of our community engagement for our Coastal Virginia Offshore Wind commercial project, we provided materials in Spanish and Tagalog to remove language barriers for diverse communities in southeastern Virginia — an approach that ensures we meet stakeholders where they are most comfortable.
Such efforts are not bolted on to our core operations. They form a central part of our company’s strategy and play a crucial role in the fulfillment of our corporate purpose: safely delivering reliable, affordable, and sustainable energy to our customers, while operating as an employer of choice and creating value for our shareholders. They also play a key role as we strive toward our vision of becoming the most sustainable energy company in America.
Dominion Energy has a track record of success. As we increasingly reflect the communities we serve, our performance on safety, reliability, and affordability has improved, and we have made gains in our clean-energy journey. Our diversity contributes to this success and makes us a better, more competitive enterprise.
As much as we value our employees for what they contribute, we value them even more for who they are. We don’t simply accept differences — we embrace them. When you read some of the stories in this report, you will understand why.
Of course, we have more to do. DE&I will continue to evolve. So, too, does our understanding of it. The DE&I journey is a marathon without a finish line: We will keep moving forward, but we cannot stop. I am proud of our milestones, and I look forward to further achievements down the road.
Bob Blue
Chair, President and CEO
