diff --git a/package.json b/package.json
index 9e44fa8b19281e..874979b6ad86ba 100644
--- a/package.json
+++ b/package.json
@@ -94,7 +94,7 @@
     "@types/jasminewd2": "~2.0.3",
     "@types/jest": "26.0.8",
     "@types/marked": "^2.0.0",
-    "@types/node": "14.14.37",
+    "@types/node": "14.14.44",
     "@types/prettier": "2.0.0",
     "@types/react": "17.0.3",
     "@types/react-dom": "17.0.3",
@@ -131,7 +131,7 @@
     "cz-customizable": "^6.2.0",
     "depcheck": "^1.3.1",
     "document-register-element": "^1.13.1",
-    "dotenv": "8.2.0",
+    "dotenv": "9.0.1",
     "ejs": "^3.1.5",
     "eslint": "7.10.0",
     "eslint-config-prettier": "^8.1.0",
diff --git a/packages/cypress/src/executors/cypress/cypress.impl.ts b/packages/cypress/src/executors/cypress/cypress.impl.ts
index 5c0b753ad7d8e6..5ee2bd132ab5c4 100644
--- a/packages/cypress/src/executors/cypress/cypress.impl.ts
+++ b/packages/cypress/src/executors/cypress/cypress.impl.ts
@@ -1,3 +1,4 @@
+import 'dotenv/config';
 import { basename, dirname, join } from 'path';
 import { installedCypressVersion } from '../../utils/cypress-version';
 import {
@@ -35,10 +36,6 @@ export interface CypressExecutorOptions extends Json {
   skipServe: boolean;
 }
 
-try {
-  require('dotenv').config();
-} catch (e) {}
-
 export default async function cypressExecutor(
   options: CypressExecutorOptions,
   context: ExecutorContext
diff --git a/packages/jest/src/executors/jest/jest.impl.ts b/packages/jest/src/executors/jest/jest.impl.ts
index 1971d0bad76674..1ae4e0af5a23aa 100644
--- a/packages/jest/src/executors/jest/jest.impl.ts
+++ b/packages/jest/src/executors/jest/jest.impl.ts
@@ -1,18 +1,11 @@
+import 'dotenv/config';
 import { runCLI } from 'jest';
 import * as path from 'path';
 import { JestExecutorOptions } from './schema';
 import { Config } from '@jest/types';
 import { ExecutorContext } from '@nrwl/devkit';
 
-try {
-  require('dotenv').config();
-} catch (e) {
-  // noop
-}
-
-if (process.env.NODE_ENV === null || process.env.NODE_ENV === undefined) {
-  (process.env as any).NODE_ENV = 'test';
-}
+process.env.NODE_ENV ??= 'test';
 
 export async function jestExecutor(
   options: JestExecutorOptions,
diff --git a/packages/next/src/executors/build/build.impl.ts b/packages/next/src/executors/build/build.impl.ts
index 2079d382af2321..6d6831cf331e87 100644
--- a/packages/next/src/executors/build/build.impl.ts
+++ b/packages/next/src/executors/build/build.impl.ts
@@ -1,3 +1,4 @@
+import 'dotenv/config';
 import { ExecutorContext } from '@nrwl/devkit';
 
 import build from 'next/dist/build';
@@ -15,15 +16,11 @@ import { createProjectGraph } from '@nrwl/workspace/src/core/project-graph';
 import { calculateProjectDependencies } from '@nrwl/workspace/src/utilities/buildable-libs-utils';
 import { assertDependentProjectsHaveBeenBuilt } from '../../utils/buildable-libs';
 
-try {
-  require('dotenv').config();
-} catch (e) {}
-
 export default async function buildExecutor(
   options: NextBuildBuilderOptions,
   context: ExecutorContext
 ) {
-  process.env.NODE_ENV = process.env.NODE_ENV || 'production';
+  process.env.NODE_ENV ??= 'production';
 
   const root = resolve(context.root, options.root);
 
diff --git a/packages/next/src/executors/export/export.impl.ts b/packages/next/src/executors/export/export.impl.ts
index 09d362a2ca5c9a..1622ce210d20ac 100644
--- a/packages/next/src/executors/export/export.impl.ts
+++ b/packages/next/src/executors/export/export.impl.ts
@@ -1,3 +1,4 @@
+import 'dotenv/config';
 import {
   ExecutorContext,
   parseTargetString,
@@ -16,10 +17,6 @@ import { createProjectGraph } from '@nrwl/workspace/src/core/project-graph';
 import { calculateProjectDependencies } from '@nrwl/workspace/src/utilities/buildable-libs-utils';
 import { assertDependentProjectsHaveBeenBuilt } from '../../utils/buildable-libs';
 
-try {
-  require('dotenv').config();
-} catch (e) {}
-
 export default async function exportExecutor(
   options: NextExportBuilderOptions,
   context: ExecutorContext
diff --git a/packages/next/src/executors/server/server.impl.ts b/packages/next/src/executors/server/server.impl.ts
index 82fda3c7ba5229..feffd408da5040 100644
--- a/packages/next/src/executors/server/server.impl.ts
+++ b/packages/next/src/executors/server/server.impl.ts
@@ -1,3 +1,4 @@
+import 'dotenv/config';
 import {
   ExecutorContext,
   logger,
@@ -27,10 +28,6 @@ import { createProjectGraph } from '@nrwl/workspace/src/core/project-graph';
 import { calculateProjectDependencies } from '@nrwl/workspace/src/utilities/buildable-libs-utils';
 import { assertDependentProjectsHaveBeenBuilt } from '../../utils/buildable-libs';
 
-try {
-  require('dotenv').config();
-} catch (e) {}
-
 const infoPrefix = `[ ${chalk.dim(chalk.cyan('info'))} ] `;
 const readyPrefix = `[ ${chalk.green('ready')} ]`;
 
diff --git a/packages/node/src/executors/build/build.impl.ts b/packages/node/src/executors/build/build.impl.ts
index 79fa9d35d4dadc..1ebd5865a77884 100644
--- a/packages/node/src/executors/build/build.impl.ts
+++ b/packages/node/src/executors/build/build.impl.ts
@@ -1,3 +1,4 @@
+import 'dotenv/config';
 import { ExecutorContext } from '@nrwl/devkit';
 
 import { createProjectGraph } from '@nrwl/workspace/src/core/project-graph';
@@ -19,10 +20,6 @@ import { BuildNodeBuilderOptions } from '../../utils/types';
 import { normalizeBuildOptions } from '../../utils/normalize';
 import { generatePackageJson } from '../../utils/generate-package-json';
 
-try {
-  require('dotenv').config();
-} catch (e) {}
-
 export type NodeBuildEvent = {
   outfile: string;
   success: boolean;
diff --git a/packages/node/src/executors/execute/execute.impl.ts b/packages/node/src/executors/execute/execute.impl.ts
index f4059a37421975..4723311c5e78af 100644
--- a/packages/node/src/executors/execute/execute.impl.ts
+++ b/packages/node/src/executors/execute/execute.impl.ts
@@ -1,3 +1,4 @@
+import 'dotenv/config';
 import {
   runExecutor,
   stripIndents,
@@ -14,10 +15,6 @@ import * as treeKill from 'tree-kill';
 import { NodeBuildEvent } from '../build/build.impl';
 import { BuildNodeBuilderOptions } from '../../utils/types';
 
-try {
-  require('dotenv').config();
-} catch (e) {}
-
 export const enum InspectType {
   Inspect = 'inspect',
   InspectBrk = 'inspect-brk',
diff --git a/packages/nx-plugin/src/builders/e2e/e2e.impl.ts b/packages/nx-plugin/src/builders/e2e/e2e.impl.ts
index b195873568e500..8e6e05f4fbb2f4 100644
--- a/packages/nx-plugin/src/builders/e2e/e2e.impl.ts
+++ b/packages/nx-plugin/src/builders/e2e/e2e.impl.ts
@@ -1,3 +1,4 @@
+import 'dotenv/config';
 import {
   BuilderContext,
   createBuilder,
@@ -8,11 +9,6 @@ import { from } from 'rxjs';
 import { concatMap, switchMap } from 'rxjs/operators';
 import { Schema } from './schema';
 
-try {
-  require('dotenv').config();
-  // eslint-disable-next-line no-empty
-} catch (e) {}
-
 export type NxPluginE2EBuilderOptions = Schema;
 
 function buildTarget(context: BuilderContext, target: string) {
diff --git a/packages/storybook/src/executors/build-storybook/build-storybook.impl.ts b/packages/storybook/src/executors/build-storybook/build-storybook.impl.ts
index 4d283fcaa8260a..ab46e39c886831 100644
--- a/packages/storybook/src/executors/build-storybook/build-storybook.impl.ts
+++ b/packages/storybook/src/executors/build-storybook/build-storybook.impl.ts
@@ -1,3 +1,4 @@
+import 'dotenv/config';
 import { basename, join, sep } from 'path';
 import { tmpdir } from 'os';
 import { constants, copyFileSync, mkdtempSync, statSync } from 'fs';
@@ -23,10 +24,6 @@ export interface StorybookBuilderOptions {
   docsMode?: boolean;
 }
 
-try {
-  require('dotenv').config();
-} catch (e) {}
-
 export default async function buildStorybookExecutor(
   options: StorybookBuilderOptions,
   context: ExecutorContext
diff --git a/packages/storybook/src/executors/storybook/storybook.impl.ts b/packages/storybook/src/executors/storybook/storybook.impl.ts
index 734b2da20207ba..b5cecdd144bb46 100644
--- a/packages/storybook/src/executors/storybook/storybook.impl.ts
+++ b/packages/storybook/src/executors/storybook/storybook.impl.ts
@@ -1,3 +1,4 @@
+import 'dotenv/config';
 import { basename, join, sep } from 'path';
 import { tmpdir } from 'os';
 import { constants, copyFileSync, mkdtempSync, statSync } from 'fs';
@@ -29,10 +30,6 @@ export interface StorybookExecutorOptions {
   docsMode?: boolean;
 }
 
-try {
-  require('dotenv').config();
-} catch (e) {}
-
 export default async function* storybookExecutor(
   options: StorybookExecutorOptions,
   context: ExecutorContext
@@ -50,7 +47,7 @@ export default async function* storybookExecutor(
 }
 
 function runInstance(options: StorybookExecutorOptions) {
-  process.env.NODE_ENV = process.env.NODE_ENV ?? 'development';
+  process.env.NODE_ENV ??= 'development';
   return buildDevStandalone({ ...options, ci: true });
 }
 
diff --git a/packages/workspace/migrations.json b/packages/workspace/migrations.json
index b6dec206f645fc..3c5485f07c6b8d 100644
--- a/packages/workspace/migrations.json
+++ b/packages/workspace/migrations.json
@@ -879,6 +879,19 @@
           "alwaysAddToPackageJson": false
         }
       }
+    },
+    "12.2.0": {
+      "version": "12.2.0",
+      "packages": {
+        "dotenv": {
+          "version": "9.0.1",
+          "alwaysAddToPackageJson": false
+        },
+        "@types/node": {
+          "version": "14.14.44",
+          "alwaysAddToPackageJson": false
+        }
+      }
     }
   }
 }
diff --git a/packages/workspace/package.json b/packages/workspace/package.json
index d05bfb92c70de8..81a3f1a3b666ae 100644
--- a/packages/workspace/package.json
+++ b/packages/workspace/package.json
@@ -61,7 +61,7 @@
     "@nrwl/linter": "*",
     "cosmiconfig": "^4.0.0",
     "fs-extra": "^9.1.0",
-    "dotenv": "8.2.0",
+    "dotenv": "9.0.1",
     "glob": "7.1.4",
     "ignore": "^5.0.4",
     "npm-run-all": "^4.1.5",
diff --git a/packages/workspace/src/executors/run-commands/run-commands.impl.ts b/packages/workspace/src/executors/run-commands/run-commands.impl.ts
index e6cb7967d9739c..7ffc40fe374d47 100644
--- a/packages/workspace/src/executors/run-commands/run-commands.impl.ts
+++ b/packages/workspace/src/executors/run-commands/run-commands.impl.ts
@@ -5,16 +5,16 @@ import * as yargsParser from 'yargs-parser';
 
 export const LARGE_BUFFER = 1024 * 1000000;
 
-function loadEnvVars(path?: string) {
+async function loadEnvVars(path?: string) {
   if (path) {
-    const result = require('dotenv').config({ path });
+    const result = (await import('dotenv')).config({ path });
     if (result.error) {
       throw result.error;
     }
   } else {
     try {
-      require('dotenv').config();
-    } catch (e) {}
+      (await import('dotenv')).config();
+    } catch {}
   }
 }
 
@@ -62,7 +62,7 @@ export default async function (
   options: RunCommandsBuilderOptions,
   context: ExecutorContext
 ): Promise<{ success: boolean }> {
-  loadEnvVars(options.envFile);
+  await loadEnvVars(options.envFile);
   const normalized = normalizeOptions(options);
 
   if (options.readyWhen && !options.parallel) {
diff --git a/packages/workspace/src/generators/new/__snapshots__/new.spec.ts.snap b/packages/workspace/src/generators/new/__snapshots__/new.spec.ts.snap
index 9c7b12dee5710d..a16837afabffab 100644
--- a/packages/workspace/src/generators/new/__snapshots__/new.spec.ts.snap
+++ b/packages/workspace/src/generators/new/__snapshots__/new.spec.ts.snap
@@ -10,8 +10,8 @@ Object {
     "@nrwl/cli": "*",
     "@nrwl/tao": "*",
     "@nrwl/workspace": "*",
-    "@types/node": "14.14.33",
-    "dotenv": "8.2.0",
+    "@types/node": "14.14.44",
+    "dotenv": "9.0.1",
     "prettier": "2.2.1",
     "ts-node": "~9.1.1",
     "typescript": "~4.1.4",
@@ -55,8 +55,8 @@ Object {
     "@nrwl/cli": "*",
     "@nrwl/tao": "*",
     "@nrwl/workspace": "*",
-    "@types/node": "14.14.33",
-    "dotenv": "8.2.0",
+    "@types/node": "14.14.44",
+    "dotenv": "9.0.1",
     "prettier": "2.2.1",
     "ts-node": "~9.1.1",
     "typescript": "~4.1.4",
@@ -101,8 +101,8 @@ Object {
     "@nrwl/react": "*",
     "@nrwl/tao": "*",
     "@nrwl/workspace": "*",
-    "@types/node": "14.14.33",
-    "dotenv": "8.2.0",
+    "@types/node": "14.14.44",
+    "dotenv": "9.0.1",
     "prettier": "2.2.1",
     "ts-node": "~9.1.1",
     "typescript": "~4.1.4",
diff --git a/packages/workspace/src/generators/workspace/files/package.json__tmpl__ b/packages/workspace/src/generators/workspace/files/package.json__tmpl__
index 1121dae0858c8c..648192a7de7f8a 100644
--- a/packages/workspace/src/generators/workspace/files/package.json__tmpl__
+++ b/packages/workspace/src/generators/workspace/files/package.json__tmpl__
@@ -38,8 +38,8 @@
     "@nrwl/tao": "<%= nxVersion %>",
     "@nrwl/cli": "<%= nxVersion %>",
     "@nrwl/workspace": "<%= nxVersion %>",
-    "@types/node": "14.14.33",
-    "dotenv": "8.2.0",
+    "@types/node": "14.14.44",
+    "dotenv": "9.0.1",
     "ts-node": "~9.1.1",
     "typescript": "<%= typescriptVersion %>",
     "prettier": "<%= prettierVersion %>"
diff --git a/packages/workspace/src/tasks-runner/task-orchestrator.ts b/packages/workspace/src/tasks-runner/task-orchestrator.ts
index 16124bef87ce35..bad747a1f8b2d9 100644
--- a/packages/workspace/src/tasks-runner/task-orchestrator.ts
+++ b/packages/workspace/src/tasks-runner/task-orchestrator.ts
@@ -1,6 +1,6 @@
 import { Workspaces } from '@nrwl/tao/src/shared/workspace';
 import { ChildProcess, fork } from 'child_process';
-import * as dotenv from 'dotenv';
+import dotenv = require('dotenv');
 import { readFileSync, writeFileSync } from 'fs';
 import { ProjectGraph } from '../core/project-graph';
 import { appRootPath } from '../utilities/app-root';
@@ -445,5 +445,5 @@ function parseEnv(path: string) {
   try {
     const envContents = readFileSync(path);
     return dotenv.parse(envContents);
-  } catch (e) {}
+  } catch {}
 }
diff --git a/yarn.lock b/yarn.lock
index 70d8afb9a191fd..35f4f68005f5a0 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -3894,10 +3894,10 @@
   resolved "https://registry.yarnpkg.com/@types/node/-/node-12.12.50.tgz#e9b2e85fafc15f2a8aa8fdd41091b983da5fd6ee"
   integrity sha512-5ImO01Fb8YsEOYpV+aeyGYztcYcjGsBvN4D7G5r1ef2cuQOpymjWNQi5V0rKHE6PC2ru3HkoUr/Br2/8GUA84w==
 
-"@types/node@14.14.37":
-  version "14.14.37"
-  resolved "https://registry.yarnpkg.com/@types/node/-/node-14.14.37.tgz#a3dd8da4eb84a996c36e331df98d82abd76b516e"
-  integrity sha512-XYmBiy+ohOR4Lh5jE379fV2IU+6Jn4g5qASinhitfyO71b/sCo6MKsMLF5tc7Zf2CE8hViVQyYSobJNke8OvUw==
+"@types/node@14.14.44":
+  version "14.14.44"
+  resolved "https://registry.yarnpkg.com/@types/node/-/node-14.14.44.tgz#df7503e6002847b834371c004b372529f3f85215"
+  integrity sha512-+gaugz6Oce6ZInfI/tK4Pq5wIIkJMEJUu92RB3Eu93mtj4wjjjz9EB5mLp5s1pSsLXdC/CPut/xF20ZzAQJbTA==
 
 "@types/normalize-package-data@^2.4.0":
   version "2.4.0"
@@ -9571,6 +9571,11 @@ dotenv@8.2.0, dotenv@^8.0.0:
   resolved "https://registry.yarnpkg.com/dotenv/-/dotenv-8.2.0.tgz#97e619259ada750eea3e4ea3e26bceea5424b16a"
   integrity sha512-8sJ78ElpbDJBHNeBzUbUVLsqKdccaa/BXF1uPTw3GrvQTBgrQrtObr2mUrE38vzYd8cEv+m/JBfDLioYcfXoaw==
 
+dotenv@9.0.1:
+  version "9.0.1"
+  resolved "https://registry.yarnpkg.com/dotenv/-/dotenv-9.0.1.tgz#a889a28a3a515812dde1e7f8183ef5cdf3186b97"
+  integrity sha512-W8FNeNnnvJoYfgkFRKzp8kTgz0T2YY4TJ9xy1Ma0hSebPTK8iquRtpG12TUrSTX5zIN9D/wSLEEuI+Ad35tlyw==
+
 dotenv@^6.2.0:
   version "6.2.0"
   resolved "https://registry.yarnpkg.com/dotenv/-/dotenv-6.2.0.tgz#941c0410535d942c8becf28d3f357dbd9d476064"