Devon Energy

Devon Energy's reported carbon emissions

Devon Energy, a US-based Gas/Diesel Oil company, reported a total of approximately 115.4 billion kg CO2e in 2024. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. For the 2024 reporting period, Scope 1 emissions accounted for roughly 6.02 billion kg CO2e, while Scope 2 emissions, based on location, were approximately 390 million kg CO2e. Scope 3 emissions were substantial, totalling about 109 billion kg CO2e, with the majority attributed to the use of sold products. In 2023, Devon Energy's Scope 1 emissions were approximately 4.37 billion kg CO2e, and Scope 3 emissions were around 97 billion kg CO2e. The company did not report Scope 2 emissions for this period. Looking at prior years, Scope 1 emissions in 2022 were approximately 4.59 billion kg CO2e, with Scope 3 emissions at about 90 billion kg CO2e. In 2021, Scope 1 emissions were approximately 3.95 billion kg CO2e and Scope 3 emissions were around 60 billion kg CO2e. For 2020, Devon Energy reported Scope 1 emissions of approximately 4.98 billion kg CO2e and Scope 2 emissions of about 320 million kg CO2e. Scope 3 emissions were approximately 49 billion kg CO2e. In 2019, Scope 1 emissions totalled around 4.65 billion kg CO2e, with Scope 2 location-based emissions at approximately 270 million kg CO2e and Scope 3 emissions at about 48 billion kg CO2e. The company's reported Scope 1 and Scope 2 emissions for 2018 were approximately 5.05 billion kg CO2e. In 2017, Scope 1 emissions were around 5.37 billion kg CO2e, and Scope 2 emissions were about 570 million kg CO2e. For 2016, Scope 1 emissions were approximately 5.2 billion kg CO2e, and Scope 2 emissions were around 570 million kg CO2e. In 2007, Scope 1 emissions were about 3.68 billion kg CO2e, and Scope 2 emissions were approximately 490 million kg CO2e. Devon Energy has not publicly disclosed specific reduction targets or commitments to initiatives such as the Science Based Targets initiative (SBTi) or the Climate Pledge. However, the company's reporting indicates a focus on disclosing emissions across multiple scopes.