Half of the Working Interest in 116 Locations Within Barnett Shale Position of Devon Energy Sustainability Profile
Devon Energy Corporation, a prominent player in the oil and gas industry, is headquartered in the United States and has established a significant presence in the Barnett Shale region. Founded in 1971, Devon has evolved into a leading independent energy company, focusing on exploration, production, and the development of oil and natural gas resources. With a strong portfolio that includes half of the working interest in 116 locations within the Barnett Shale, Devon Energy is recognised for its innovative approach to resource extraction and commitment to sustainable practices. The company has achieved notable milestones, including advancements in hydraulic fracturing technology, which have enhanced its operational efficiency. Devon Energy's strategic positioning in the market, combined with its dedication to maximising shareholder value, solidifies its reputation as a key contributor to the energy sector.
DitchCarbon Score
How does Half of the Working Interest in 116 Locations Within Barnett Shale Position of 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.
Industry Average
Mean score of companies in the 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
Half of the Working Interest in 116 Locations Within Barnett Shale Position of Devon Energy's score of 79 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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As of the latest available data, there are no specific carbon emissions figures reported for Half of the Working Interest in 116 Locations Within Barnett Shale Position of Devon Energy. This entity is part of a merged entity structure, inheriting its climate commitments and performance data from DuPont de Nemours, Inc. at a cascade level of 1. While specific emissions data is absent, it is important to note that the climate initiatives and reduction targets are also derived from DuPont de Nemours, Inc. This includes participation in various sustainability frameworks such as the Science Based Targets initiative (SBTi), CDP, and RE100, which aim to drive significant reductions in greenhouse gas emissions across the corporate landscape. The absence of direct emissions data highlights the need for ongoing transparency and commitment to climate action within the energy sector. As the industry evolves, it is crucial for entities like Devon Energy to align with global climate goals and demonstrate accountability in their environmental impact.
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| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 2,918,481,000 | 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 | 0,000,000,000 | - | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 3,043,797,000 | 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 | 0,000,000,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - | - | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Half of the Working Interest in 116 Locations Within Barnett Shale Position of Devon Energy's Industry?
How Carbon Intensive is Half of the Working Interest in 116 Locations Within Barnett Shale Position of Devon Energy's Location?
Half of the Working Interest in 116 Locations Within Barnett Shale Position of Devon Energy's Scope 3 Categories Breakdown
Half of the Working Interest in 116 Locations Within Barnett Shale Position of Devon Energy's Scope 3 emissions, which decreased by 21% last year and increased by approximately 139% since 2017, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 63% of Scope 3 emissions.
Top Scope 3 Categories
Half of the Working Interest in 116 Locations Within Barnett Shale Position of Devon Energy's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Half of the Working Interest in 116 Locations Within Barnett Shale Position of Devon Energy has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
