Ditchcarbon
  • Customers
  1. Organizations
  2. Devon Energy
Public Profile
Gas/Diesel Oil
US
updated a month ago

Devon Energy

Company website

Devon Energy Corporation, commonly referred to as Devon Energy, is a leading independent oil and natural gas exploration and production company headquartered in the United States. Established in 1971, Devon has grown significantly, with major operational regions spanning the United States, particularly in the Anadarko Basin and the Permian Basin. Specialising in the exploration and production of oil, natural gas, and natural gas liquids, Devon Energy is recognised for its innovative approach to resource development and commitment to sustainability. The company has achieved notable milestones, including advancements in hydraulic fracturing technology, which have positioned it as a key player in the energy sector. With a strong market presence, Devon Energy continues to focus on maximising shareholder value while prioritising environmental stewardship and community engagement.

DitchCarbon Score

How does Devon Energy's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

26

Industry Average

Mean score of companies in the Gas/Diesel Oil industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

14

Industry Benchmark

Devon Energy's score of 26 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.

60%

Let us know if this data was useful to you

Devon Energy's reported carbon emissions

In 2023, Devon Energy reported total carbon emissions of approximately 4,370,000,000 kg CO2e for Scope 1 and 370,000,000 kg CO2e for Scope 2, resulting in a combined total of about 4,740,000,000 kg CO2e for Scope 1 and 2. The company also disclosed significant Scope 3 emissions, primarily from the use of sold products, amounting to approximately 97,000,000,000 kg CO2e. Comparatively, in 2022, Devon Energy's emissions were approximately 4,590,000,000 kg CO2e for Scope 1 and 390,000,000 kg CO2e for Scope 2, leading to a total of about 4,980,000,000 kg CO2e for Scope 1 and 2. Scope 3 emissions for that year were around 90,000,000,000 kg CO2e. Devon Energy has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company’s emissions data is not cascaded from any parent organization, and all figures are reported directly from Devon Energy Corporation. Overall, Devon Energy's emissions profile highlights the significant impact of its operations, particularly in Scope 3 emissions, which are critical for understanding the full climate impact of its business activities.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

200720162017201820192020202120222023
Scope 1
3,680,000,000
0,000,000,000
0,000,000,000
-
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 2
490,000,000
000,000,000
000,000,000
-
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
-
-
-
-
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Devon Energy's primary industry is Gas/Diesel Oil, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Devon Energy is in US, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Devon Energy is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Similar Organizations

Bp

GB
•
Machinery and equipment n.e.c. (29)
Updated about 2 hours ago

BG Group Limited

GB
•
Natural gas and services related to natural gas extraction, excluding surveying
Updated about 1 month ago

Eog Resources

US
•
Transmission services of electricity
Updated about 14 hours ago

TotalEnergies

FR
•
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated about 2 hours ago

Halliburton Energy Services, Inc.

US
•
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated about 1 month ago

Targa Resources

US
•
Natural gas and services related to natural gas extraction, excluding surveying
Updated about 12 hours ago

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

Ditchcarbon
v250828.3
enquiries@ditchcarbon.com+44 203 475 7875Ditch Carbon Ltd167-169 Great Portland StreetLondon W1W 5PF
Verified byUL Verified
Partnered withCDP
ProductPortalDataDocumentationIntegrationsChangelogPricing
SolutionsProcurement teamsSustainability teamsPlatform ownersCarbon accountants
ResourcesMethodologyBlogFAQOrganizationsIndustriesSBTI APITrust Centre
AboutTeamCareersLicense AgreementPrivacy