Devon Energy

Sustainability Report and Carbon Intensity Rankings

Is Devon Energy doing their part?

Their DitchCarbon score is 26

Devon Energy has a DitchCarbon Score of 26 out of 100, indicating a lower performance in sustainability efforts. This score suggests that the company has a relatively high carbon intensity compared to more sustainable peers. Improvements in reducing emissions and enhancing sustainability practices are needed to increase their score.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

Devon Energy, a company in the energy generation and distribution industry, has a carbon intensity ranking of high. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

Devon Energy, located in the United States, benefits from the country’s low carbon intensity rating. This favorable environmental condition supports the company’s sustainability efforts by reducing its overall carbon footprint.

The Ultimate Guide to Building Sustainability Into Procurement​​

In this guide you can learn about the three stages of sustainable procurement.

Stage 1) – Identify and Communicate
Sustainability Maturity

Stage 2) – Start to Give Preference to Mature Suppliers

Stage 3) – Make Climate Action a “Hard” Measure for Procurement

Over 500+ downloads

The Ultimate Guide to Building Sustainability Into Procurement​​

In this guide you can learn about the three stages of sustainable procurement.

Stage 1) – Identify and Communicate
Sustainability Maturity

Stage 2) – Start to Give Preference to Mature Suppliers

Stage 3) – Make Climate Action a “Hard” Measure for Procurement

4.44%

...this company is doing 4.44% worse in emissions than the industry average.

Devon Energy, founded in 1971, is a prominent player in the energy generation and distribution industry, specializing in oil and gas production. Based in Oklahoma City, the company boasts a significant presence in the U.S. energy sector with a focus on the Delaware Basin. Devon Energy is recognized for its commitment to safety, sustainability, and shareholder returns, and is listed on the New York Stock Exchange as DVN.

emission intelligence's platform recommendations for Devon Energy

Devon Energy should foster collaboration with industry peers to exchange best practices and resources, enhancing their collective ability to diminish Scope 3 emissions.

Bad news, Devon Energy hasn't committed to SBTi goals yet

Devon Energy has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the company is still in the process of defining clear, science-based emissions reduction targets to align with global climate action efforts.
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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.

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