Q3 2023 Earnings Presentation
Committed to Environmental Excellence
2023 SUSTAINABILITY REPORT HIGHLIGHTS
Flared volume intensity was reduced by 77%
(1)
■ Scope 1 & 2 GHG emissions intensity declined by 19%"
■ Recycled water usage increased by 18% vs. 2021
Joined Oil & Gas Methane Partnership 2.0 Initiative
Foundational sponsor of GTI Energy's Veritas
(Methane emissions measurement and verification initiative)
(1)
devon
Sustainability Report
Р82
devon
Climate Change
Assessment Report
For more information, please
refer to the Sustainability
portion of Devon's website
ENVIRONMENTAL TARGETS
GHG EMISSIONS SCOPE 1 & 2
GHG EMISSIONS FOR
NETZERO SCOPE 1 & 2 BY 2050
GHG EMISSIONS INTENSITY SCOPE 1 & 2
50% REDUCTION BY 2030
METHANE EMISSIONS INTENSITY
65% REDUCTION BY 2030
FLARING INTENSITY
0.5% OF GROSS NATURAL GAS
OR LOWER
PRODUCED BY 2025
ROUTINE FLARING
ELIMINATE
AS DEFINED BY THE
WORLD BANK BY 2030
(1) Measures reflect changes from 2019.
| Q3 2023 Earnings Presentation
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