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Devon Energy Corp

Common Name
Devon Energy
Country
United States
Sector
Energy
Industry
Oil & Gas E&P
Employees
2,300
Ticker
DVN
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Devon Energy Corporation is a prominent player in the energy sector, specializing in the exploration, development, and production of oil and natural gas. With its corporate headquarters located in Okl...

Devon Energy's Climate Target Data Preview

As of 2025, Devon Energy has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 intensity-based targets, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Devon Energy's climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Intensity-based Target
Scope 1 - Flaring
Cubic Feet (ft3) of CO2 equivalent (ft3CO2e) per Cubic Feet (ft3) of Gross Natural Gas Produced
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a
2025
Intensity-based Target*
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Gross Oil and Gas Produced
0000000
2030
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Gross Oil and Gas Produced
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a
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
Limited Data Preview
You are viewing a limited preview of Devon Energy’s Climate Target dataset. The full dataset, available for download, includes detailed baseline information for both absolute and intensity targets, along with reported progress and achievement details as of 2025.
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Verified Sources Behind Devon Energy’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Devon Energy’s data sources below and access millions more through our Disclosure Search.

a. Devon Energy's Sustainability Report 2025

Insights into Devon Energy's Greenhouse Gas Emissions Pathways

As of 2025, Devon Energy has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.a

Does Devon Energy have a target to reduce the emissions from its operations?

As of 2025, Devon Energy has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a

Devon Energy's most ambitious operational target is to reduce these emissions by 77.38% by 2025, compared to a baseline of 2.21 Cubic Feet (ft3) of CO2 equivalent (ft3CO2e) per Cubic Feet (ft3) of Gross Natural Gas Produced in 2019.a

As of 2024, Devon Energy is ahead of schedule on its operational emissions reduction target, having achieved 98.24% of the planned reduction.a

Devon Energy's Operational (Scope 1+2) Emissions Pathway

20192024202500.61.21.82.4BaselineCurrent (-76%)
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