Dominion Energy has given CEO Robert Blue over $3 million in bonuses for meeting ESG goals despite the company's 'consistent failure' and plummeting stock prices.
Utah Attorney General Sean Reyes joins Mornings with Maria to discuss the attorneys general warning insurance companies over ESG policies and the urgency to pass the Halt Fentanyl Act.company gave its CEO over $3 million in bonuses in part for meeting ESG goals as company stock plummeted, it faced accusations it overcharged customers by $1 billion, and it accidentally gave $200,000 to a super PAC attacking Virginia Governor Glenn Younkin.
Conversely, some left-leaning groups have criticized companies’ use of ESG investments as simply lip service without making substantive changes. "Dominion CEO Robert Blue received nearly $7 million in compensation in 2021, including a $1.75 million bonus partially thanks to meeting ESG goals," the outlet added. "The company was rated above-average among peers by MSCI’s ESG ratings unit, partly due to its effort in water management."WIND ENERGY DEVELOPER FUNNELED CASH TO DEM SENATOR PUSHING OFFSHORE WIND
In September 2021, the Southern Environmental Law Center , an environmental watchdog, claimed to Virginia’s State Corporation Commission that Dominion overcharged customers by $1.2 billion since 2015. The Associated Press reported at the time that Blue told the employees in an internal email that the company "didn’t properly vet an anti-Glenn Younkin PAC before giving it large donations."
"But this is ESG in its purest form - ignore failure to customers and prioritize woke virtue signaling that does nothing for them," he added.
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