Devon Energy Corp 2024 SR
The report highlights Devon Energy's 2023 ESG performance, focusing on its commitment to reducing carbon intensity and achieving net-zero GHG emissions by 2050. Key achievements include a 7% year-over-year reduction in GHG emissions intensity and a 6% reduction in methane emissions intensity, alongside record oil production. The company implemented an internally developed carbon accounting platform and increased recycled water usage by 15%. Socially, Devon invested $1.2 million in STEM education and expanded its DEI Community Grants to all operating areas. Governance remains strong with significant ties between executive compensation and environmental and safety performance.
Company: Devon Energy Corp
Sector: Mining & quarrying
Country: United States
Year: 2024
Type: SR
Pages: 92
Devon Energy Corp
The report highlights Devon Energy's 2023 ESG performance, focusing on its commitment to reducing carbon intensity and achieving net-zero GHG emissions by 2050. Key achievements include a 7% year-over-year reduction in GHG emissions intensity and a 6% reduction in methane emissions intensity, alongside record oil production. The company implemented an internally developed carbon accounting platform and increased recycled water usage by 15%. Socially, Devon invested $1.2 million in STEM education and expanded its DEI Community Grants to all operating areas. Governance remains strong with significant ties between executive compensation and environmental and safety performance.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Jun 1, 2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees