Because government decisions can profoundly affect our company, we give our employees the freedom to participate in the political process through our political action committee (PAC). In the interests of transparency, we scrupulously report our political giving.
Devoted to Openness
Dominion Energy bears a responsibility to a wide range of stakeholders. Those include our shareholders – the company’s owners – as well as its employees, customers, contractors, retirees and the countless individual investors who rely on Dominion Energy for income after their working years are done.
These and other stakeholders depend on the company’s long-term stability for their financial security. The decisions of local, state and federal policy-makers can affect our company’s operations immensely, so we owe it to them to stay abreast of political and policy developments that could affect the company’s fiscal health, and to exercise the constitutional right to petition government on our own and their behalf.
Some of the company’s employees feel called to do even more. So Dominion Energy also operates a political action committee, or PAC. Participation is strictly voluntary and nonpartisan. Membership is open to employees and the Board of Directors. The PAC aims to articulate the company’s views at all levels of the political process.
In the interest of transparency, every year we voluntarily report the corporate political contributions we make to tax-exempt 527 organizations, as well as the lobbying portion of trade association payments and dues. In addition, we disclose our political contributions on the website of the Federal Election Commission and the electoral board website of the states in which we contribute to state and local elections. Because of such efforts, the Center for Political Accountability recognized Dominion Energy as a trendsetter for transparency and disclosure with regard to political contributions in 2018.