Dominion Energy (Dominion Energy Resources, Inc.) | Director votes - climate oversight at Dominion Energy (Dominion Energy Resources, Inc.)

Status
Voted
AGM date
Previous AGM date
Proposal number
1
Resolution details
Company ticker
NYSE: D
Submitted by
-
Resolution ask
Strengthen board oversight of issue
ESG theme
  • Environment
ESG sub-theme
  • Net Zero / Paris aligned
Type of vote
Director vote
Filer type
Management
Company sector
Utilities
Company HQ country
United States
Whereas clause
Due to the company’s (Dominion Energy, Inc.)FAILURE to:

● Include its scope 3 greenhouse gas (GHG) emissions in medium-term targets,
● Align its operating and planned coal and fossil gas-fueled generation capacity with a Below 2°C Scenario or a 1.5°C scenario, and
● Commit to ensuring its trade associations lobby in accordance with the Paris Agreement;

Votes are recommended AGAINST:
● Chair, President and CEO, Robert M. Blue (Item 1B) - 93.94% FOR
● Independent Lead Director, Robert H. Spilman, Jr. (Item 1J) - 87.87% FOR
● Sustainability and Corporate Responsibility Committee Chair, Helen E. Dragas (Item 1C)
Supporting statement
Majority Action is recommending investors vote against directors responsible for climate oversight, including board leadership, for failure to set adequate net zero targets reducing greenhouse gas emissions, fully realign investment plans to limit warming to 1.5°C, and/or ensure alignment of policy influence activities with 1.5°C pathways.

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