In 2021, Denbury completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 3 (indirect emissions across the value chain).
Denbury has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|
Total Scope 1 | 986,556a | 777,852a | 806,209a | |
Total Scope 2 | ||||
Market-Based | N/A | N/A | N/A | |
Location-Based | N/A | N/A | N/A | |
Total Scope 3 | 11,353,036a | 11,293,815a | 12,110,012a | |
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In 2021, the total operational greenhouse gas (GHG) emissions of Denbury amounted to 986,556 metric tons of CO2 equivalent. This figure reflects direct emissions from owned or controlled sources (Scope 1).a
Compared to 2020, the total operational greenhouse gas (GHG) emissions of Denbury increased by 26.83%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2021, the total Scope 1 emissions of Denbury were 986,556 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Denbury's Scope 1 emissions have increased by 22.37%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2020), Denbury's Scope 1 emissions increased by 26.83%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2021, Denbury reported 11,353,036 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2021 disclosure of Denbury includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2020, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2021, Denbury reported total Scope 3 emissions of 11,353,036 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 0% of these emissions originated from upstream activities such as purchased goods and capital goods, while 100% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Denbury's Scope 3 emissionshave remained relatively stable, indicating that Denbury's emissions have plateaued with no significant change in its value chain footprint.a
Compared to the previous year (2020), Denbury's Scope 3 emissions remained relatively stable, indicating that Denbury's emissions have plateaued with no significant change in its value chain footprint.a
In 2021, Denbury reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2021, the largest contributors to Denbury's Scope 3 emissions were:a