Denbury
Denbury Inc., a prominent player in the energy sector, is headquartered in the United States, with significant operations in the Gulf Coast and Rocky Mountain regions. Founded in 1951, Denbury has established itself as a leader in the oil and natural gas industry, particularly known for its innovative carbon capture and storage techniques. The company focuses on enhanced oil recovery (EOR) using carbon dioxide, setting it apart from competitors by prioritising environmentally sustainable practices. Denbury's commitment to reducing carbon emissions has positioned it as a forward-thinking entity in the energy landscape. With a strong market presence and a history of strategic acquisitions, Denbury continues to achieve notable milestones, reinforcing its reputation as a key contributor to the evolving energy market.
DitchCarbon Score
How does Denbury'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.
Industry Average
Mean score of companies in the Chemicals 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.
Industry Benchmark
Denbury's score of 14 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Denbury's reported carbon emissions
Denbury, headquartered in the US, reported significant carbon emissions in recent years, with a total of approximately 12,333,832,000 kg CO2e in 2020. This figure includes 782,010,000 kg CO2e from Scope 1 emissions, 892,433,000 kg CO2e from Scope 2 emissions, and a substantial 10,659,389,000 kg CO2e from Scope 3 emissions. In 2019, the company recorded a total of about 13,323,955,000 kg CO2e, with Scope 1 emissions at 806,360,000 kg CO2e, Scope 2 at 940,809,000 kg CO2e, and Scope 3 at 11,576,786,000 kg CO2e. Denbury has not disclosed specific reduction targets or initiatives as part of its climate commitments. The absence of documented reduction targets suggests a need for further clarity on their long-term climate strategy. The company has reported GHG intensity metrics, such as approximately 35.96 kg CO2e per barrel of oil produced in 2020, indicating their operational emissions intensity. Overall, while Denbury's emissions data highlights the scale of their carbon footprint, the lack of defined reduction targets raises questions about their commitment to addressing climate change effectively.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 919,988,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 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 |
Industry emissions intensity
Location emissions intensity
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.
Denbury is not committed to any reduction initiatives 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.
