Denbury Inc., a prominent player in the chemicals nec sector, is headquartered in the United States and operates primarily in the Gulf Coast and Rocky Mountain regions. Founded in 1990, Denbury has established itself as a leader in carbon capture and storage, focusing on enhanced oil recovery and sustainable energy solutions.
The company’s core offerings include carbon dioxide (CO2) injection services, which are pivotal in maximising oil recovery while minimising environmental impact. Denbury's commitment to innovation and sustainability sets it apart in the industry, positioning it as a key contributor to the transition towards cleaner energy. With a strong market presence and a reputation for excellence, Denbury continues to achieve significant milestones in the evolving landscape of chemical production and energy sustainability.
-23 vs industry average
Denbury’s score of 6 is lower than 15% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Chemicals is among the most carbon-intensive industries
Industry performance
The Chemicals industry has reduced its overall emissions by 6% since 2019
Emissions trajectory 2020 – 2024
Reported emissions
Scope 3 accounts for ••• of total emissions.
Denbury's reported carbon emissions
In 2021, Denbury reported total global GHG emissions of approximately 13.1 billion kg CO2e. This comprised approximately 986.6 million kg CO2e from Scope 1, approximately 820.9 million kg CO2e from Scope 2, and approximately 11.4 billion kg CO2e from Scope 3. For 2020, total global emissions were approximately 12.9 billion kg CO2e, with Scope 1 emissions around 777.9 million kg CO2e, Scope 2 emissions around 903.2 million kg CO2e, and Scope 3 emissions around 11.3 billion kg CO2e. In 2019, Denbury's global emissions totalled approximately 13.7 billion kg CO2e, comprising approximately 806.2 million kg CO2e (Scope 1), approximately 940.8 million kg CO2e (Scope 2), and approximately 12.1 billion kg CO2e (Scope 3). The company's reporting shows Scope 1, 2, and 3 emissions data for 2018 (totaling approximately 14.1 billion kg CO2e), 2017 (totaling approximately 14.3 billion kg CO2e), and 2016 (Scope 2 only: approximately 925.6 million kg CO2e). Prior to 2016, reporting primarily focused on Scope 2 emissions, with data available for 2015 (approximately 1.3 billion kg CO2e), 2014 (approximately 1.2 billion kg CO2e), 2013 (approximately 1.1 billion kg CO2e), and 2012 (approximately 920.0 million kg CO2e). Denbury's emissions data is cascaded from its corporate parent, Denbury Inc. The company has noted that data for Scope 3 purchased goods and services is missing for several reporting years. Specific reduction targets or achievements are not detailed in the provided information. Denbury Inc. is listed as a participant in the Climate Action 100+ initiative, with Exxon Mobil Corporation identified as the source organization for this engagement at cascade level 1.
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Denbury’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Denbury yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Denbury
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