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Devon Energy

Devon Energy is a publicly listed company headquartered in the United States. In 2022 its revenue was USD 19.17 billion. Devon Energy operates as an independent upstream company involved primarily in the exploration, development, production and transportation of oil and gas.

Ranking position
#63 /99
Total score
9.0 /100

3.7 /60
Core social indicators
4.0 /20
Just transition
1.3 /20

ACT score components

Performance score
2.6 /20
Narrative Score
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank (0-99)


#1 13.3 /100 #23

Material investment

#1 12.7 /100 #23

Intangible investment

#1 0.0 /100 #11

Sold products

#1 0.3 /100 #70


#1 50.0 /100 #28

Supplier engagement


Client engagement


Policy engagement

#1 14.0 /100 #60

Business model

#1 0.0 /100 #66
Indicates the score for the top performing company.

Act Assessment

Leading Practices

No leading practices were identified for this company.

Risks and Opportunities


Devon Energy Corporation receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. Devon aims to achieve zero scope 1 and 2 emissions by 2050. It is unclear if Devon will use offsets to achieve this target. However, the company’s projected scope 1, 2 and 3 emissions intensity is not forecasted to keep pace with the rate of reduction required by its 1.5°C pathway. Devon Energy’s current business model is reliant on high-carbon activities. There is no evidence that the company is developing new low-carbon business models.

Progress towards the Paris Agreement

Social assessment

Just transition assessment

Core Social Assessment

See results for

  1. 2021

More about the company

Oklahoma City, United States of America
Publicly listed
USD 19.2 billion

This company is part of the SDG2000, the 2,000 most influential companies

See company profile SDG2000