Devon Energy Publishes 2024 Sustainability Report
Devon Energy (NYSE: DVN) has released its 2024 Sustainability Report, showcasing the company's commitment to sustainable practices while delivering industry-leading results. The report highlights Devon's progress in emissions reduction, methane emissions reporting, and water recycling.
Key accomplishments include:
- Advancing towards all emissions reduction targets
- Receiving the 'Gold Standard Pathway' for methane emissions reporting
- Increasing recycled water usage by 15% compared to 2022
- Investing $1.2 million in STEM education
- Addressing safety challenges comprehensively
CEO Rick Muncrief emphasized the importance of integrating sustainable practices into Devon's core strategy to meet global energy demands responsibly.
Devon Energy (NYSE: DVN) ha pubblicato il suo Rapporto di Sostenibilità 2024, mostrando l'impegno dell'azienda verso pratiche sostenibili mentre ottiene risultati leader nel settore. Il rapporto mette in evidenza i progressi di Devon nella riduzione delle emissioni, reporting delle emissioni di metano e riciclo dell'acqua.
I principali risultati includono:
- Proseguire verso tutti gli obiettivi di riduzione delle emissioni
- Ricevere il 'Gold Standard Pathway' per il reporting delle emissioni di metano
- Aumentare l'uso di acqua riciclata del 15% rispetto al 2022
- Investire 1,2 milioni di dollari nell'educazione STEM
- Affrontare in modo completo le sfide di sicurezza
Il CEO Rick Muncrief ha sottolineato l'importanza di integrare pratiche sostenibili nella strategia core di Devon per soddisfare in modo responsabile la domanda energetica globale.
Devon Energy (NYSE: DVN) ha lanzado su Informe de Sostenibilidad 2024, que muestra el compromiso de la empresa con prácticas sostenibles mientras entrega resultados líderes en la industria. El informe resalta el progreso de Devon en la reducción de emisiones, reportes de emisiones de metano y reciclaje de agua.
Los logros clave incluyen:
- Avances hacia todos los objetivos de reducción de emisiones
- Recepción del 'Gold Standard Pathway' para el reporte de emisiones de metano
- Aumento del uso de agua reciclada en un 15% en comparación con 2022
- Inversión de 1.2 millones de dólares en educación STEM
- Enfrentar desafíos de seguridad de manera integral
El CEO Rick Muncrief enfatizó la importancia de integrar prácticas sostenibles en la estrategia central de Devon para satisfacer la demanda energética global de manera responsable.
데본 에너지 (NYSE: DVN)는 2024 지속 가능성 보고서를 발표하며 산업 선도 성과를 달성하면서 지속 가능한 관행에 대한 회사의 헌신을 보여주고 있습니다. 이 보고서는 데본의 배출가스 감소, 메탄 배출 보고, 물 재활용에서의 진전을 강조합니다.
주요 성과는 다음과 같습니다:
- 모든 배출가스 감소 목표 달성을 향한 진전
- 메탄 배출 보고를 위한 '골드 스탠다드 패스웨이' 수령
- 2022년 대비 재활용 물 사용량 15% 증가
- STEM 교육에 120만 달러 투자
- 안전 문제를 종합적으로 해결
CEO 릭 먼크리프는 글로벌 에너지 수요를 책임 있게 충족하기 위해 데본의 핵심 전략에 지속 가능한 관행을 통합하는 것의 중요성을 강조했습니다.
Devon Energy (NYSE: DVN) a publié son Rapport de Durabilité 2024, mettant en avant l'engagement de l'entreprise envers des pratiques durables tout en fournissant des résultats de premier plan dans l'industrie. Le rapport souligne les progrès de Devon dans la réduction des émissions, le reporting des émissions de méthane et le recyclage de l'eau.
Les réalisations clés incluent :
- Avancement vers tous les objectifs de réduction des émissions
- Obtention du 'Gold Standard Pathway' pour le reporting des émissions de méthane
- Augmentation de l'utilisation d'eau recyclée de 15 % par rapport à 2022
- Investissement de 1,2 million de dollars dans l'éducation STEM
- Prise en charge intégrale des défis de sécurité
Le PDG Rick Muncrief a souligné l'importance d'intégrer des pratiques durables dans la stratégie fondamentale de Devon pour répondre de manière responsable à la demande énergétique mondiale.
Devon Energy (NYSE: DVN) hat seinen Nachhaltigkeitsbericht 2024 veröffentlicht, der das Engagement des Unternehmens für nachhaltige Praktiken und erstklassige Ergebnisse in der Branche zeigt. Der Bericht hebt den Fortschritt von Devon in den Bereichen Emissionsreduktion, Berichterstattung über Methanemissionen und Wasserrecycling hervor.
Wichtige Erfolge umfassen:
- Fortschritte in Richtung aller Ziele zur Emissionsreduktion
- Erhalt des 'Gold Standard Pathway' für die Berichterstattung über Methanemissionen
- Steigerung der Nutzung von recyceltem Wasser um 15 % im Vergleich zu 2022
- Investition von 1,2 Millionen Dollar in STEM-Bildung
- Umfassende Auseinandersetzung mit Sicherheitsherausforderungen
CEO Rick Muncrief betonte die Bedeutung der Integration nachhaltiger Praktiken in die Kernstrategie von Devon, um die globalen Energienachfragen verantwortungsbewusst zu erfüllen.
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OKLAHOMA CITY, July 25, 2024 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN), a leading U.S. independent oil and natural gas producer, today announced the release of its 2024 Sustainability Report. The report highlights the company’s efforts to deliver industry-leading results while being a good neighbor, valued community partner, responsible environmental steward and supportive employer.
“Integrating sustainable business practices into our core strategy is not just beneficial—it’s essential for our future,” said Rick Muncrief, president and CEO. “As global demand for energy continues to increase, we will answer that call by producing affordable, accessible, reliable energy in a safe, environmentally sound and ethical way.
“I’m proud of the work we do every day to produce energy the world needs, keep our people safe, make progress toward our environmental targets and have a positive impact on communities where we operate. We believe that doing the right thing, in the right way, is not only good for our people and the environment, but it’s also good for our business.”
Accomplishments spotlighted in the report include positively progressing toward all emissions reduction targets, receiving the “Gold Standard Pathway” within the Oil and Gas Methane Partnership 2.0 program for the company’s implementation plan for methane emissions reporting, increasing recycled water usage by
Find the report complete with performance metrics and targets on Devon’s website at devonenergy.com/sustainability.
ABOUT DEVON ENERGY
Devon Energy is a leading oil and natural gas producer in the U.S. with a premier multi-basin portfolio headlined by a world-class acreage position in the Delaware Basin. Devon’s disciplined cash-return business model is designed to achieve strong returns, generate free cash flow and return capital to shareholders, while focusing on safe and sustainable operations. For more information, please visit www.devonenergy.com
| Investor Contacts | Media Contact | Sustainability Contact |
| Rosy Zuklic, 405-552-7802 | Michelle Hindmarch, 405-552-7460 | Brooke Baum, 405-552-3448 |
| Chris Carr, 405-228-2496 |
FORWARD-LOOKING STATEMENTS
This press release contains “forward-looking statements” within the meaning of the federal securities laws. Such statements are not promises or guarantees of future conduct, policy or performance and are subject to a number of assumptions, risks and uncertainties, many of which are beyond our control. Consequently, Devon’s actual activities and future results, including the development, implementation or continuation of any program, target or initiative discussed in this press release or the 2024 Sustainability Report, may differ materially in the future due to a number of factors, including, but not limited to: the risk that Devon is unable to implement the new technologies and practices contemplated to achieve the relevant emissions, water or other sustainability target successfully or on a timely basis; the risk that such technologies and practices result in higher than anticipated costs or cause operational disruptions that adversely impact Devon’s financial performance; and the other risks identified in Devon’s 2023 Annual Report on Form 10-K and its other filings with the Securities and Exchange Commission. The forward-looking statements in this press release are made as of the date hereof, and Devon does not undertake, and expressly disclaims, any duty to update or revise our forward-looking statements based on new information, future events or otherwise.
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