Free Trial
→ Unveiled: NVIDIA’s 'Secret Royalty' Program (From Behind the Markets) (Ad) Free DVN Stock Alerts

Devon Energy (DVN) ESG Score & Sustainability Data

Devon Energy logo
$38.47 -0.91 (-2.31%)
(As of 11/15/2024 ET)
Compare

Key ESG Takeaways for Devon Energy

The key takeaways are AI-generated and highlight the main contributors behind the net impact scores of Devon Energy. The insights are based on millions of scientific articles, along with the company-specific product and service portfolio.
  • Devon Energy seems to create the most significant positive value in categories , , and . The largest positive contribution comes from its impact, which is mostly driven by its Refined natural gas, Oil exploration services, and Natural gas exploration services products.
  • On the other hand, these positive outcomes are achieved by using resources or causing negative impacts in categories , Non-, and . The largest negative impact of Devon Energy in category seems to be driven mostly by its Refined oil, Refined natural gas, Natural gas exploration services, and Hydrocarbon gas liquids products.
  • To improve its net impact, a company can either grow its positive impacts, or reduce its negative impacts. For example, by doubling its Oil exploration services business, Devon Energy would improve its net impact ratio by 17 percentage points.

DVN Impact Ratio

Net impact ratio represents the net impact of a company. It is defined as the (positive impacts - negative impacts) / positive impacts. The maximum value for net impact ratio is 100%, representing a theoretical company with no negative impacts. The minimum value is -∞. Net scores depend on the value sets that determine the importance of different impact categories.
-62.2%
The default value set, where each category is given the same weight.

Value Sets Value sets can be used to assess how different stakeholder values or emphasis on certain values might affect the net impact ratio.

Millennials
Value set of millennials (b. 1980 - 1999), based on Upright's annual Impact at Work survey.
-10.3%
Most Wanted Workforce
Value set of the most wanted workforce, based on Upright's annual Impact at Work survey.
-79.1%
Society First
Value set that emphasizes society impacts over other impacts.
-35.5%
Knowledge First
Value set that emphasizes knowledge impacts over other impacts.
+29.7%
Health First
Value set that emphasizes health impacts over other impacts.
-93.9%

Devon Energy ESG Score + Net Impact Profile

ImpactNegativeScorePositive
+0.75
+0.75
+1.30
+1.30
+2.35
+2.35
-0.36
-0.36
+0.00
-0.03
-0.03
+0.00
+0.04
+0.04
+1.07
+1.07
-0.00
+0.00
+0.00
-1.49
-1.49
-0.56
-0.50
+0.06
-0.02
-0.01
+0.01
+0.00
+0.00
-0.02
-0.01
+0.01
-0.04
+0.00
+0.05
-3.54
-3.47
+0.07
-1.92
-1.89
+0.03
-0.19
-0.19
+0.00
-0.48
-0.48
+0.00
-0.67
-0.66
+0.01

Upright Model Version 0.4.0
ESG Data Last Updated: March 29, 2022

Ad Colonial Metals
“This Changes Everything” - Trump Hands Millions Massive IRS Gift
Now it's your time to return the favor by taking advantage of this tax "revenge loophole." Because even as we wait for Trump's agenda to kick in…
>> YES! Send Me My FREE Gold Guide!

About Upright's Net Impact Model

Upright Model

Upright's Net Impact Data quantifies the holistic value creation and impact of companies. It details both the negative and positive impacts a company has on the environment, health of people, society and knowledge, and forms a net sum of these costs and gains based on the economic costs of each impact category. The data is produced by Upright's Net Impact model, which is a mathematical model of the economy that produces continuously updated estimates of the net impact of companies by means of an information integration algorithm. The data is primarily sourced from the CORE open access database, which contains over 200 million scientific papers. Other sources of data include open databases published by the World Bank, IMF, WHO, OECD, IPCC, CDC and USDA.

Devon Energy ESG Score - Frequently Asked Questions

How is Devon Energy doing in terms of sustainability?

According to The Upright Project, which measures holistic value creation and impact of companies, Devon Energy has a net impact ratio of -62.2%, indicating an overall negative sustainability impact. Devon Energy seems to create the most significant positive value in the categories of Societal infrastructure, Taxes, and Creating knowledge. On the other hand, these positive outcomes are achieved by using resources or causing negative impacts in the categories of GHG emissions, Non-GHG emissions, and Scarce human capital. Learn more on the sustainability of Devon Energy.


More ESG Stocks and Research Tools

Related Companies
Stock Lists
Sustainability Tools

This page (NYSE:DVN) was last updated on 11/17/2024 by MarketBeat.com Staff
From Our Partners
Bill Gates’s Next Big AI Bet: Stargate
In February 2016… when almost nobody was talking about artificial intelligence…. I picked Nvidia as one of ...
Brownstone Research | Sponsored
The Crypto That’s Making Wall Street Sweat
The Crypto Wall Street Is Desperate to Hide It's happening now, right under everyone's radar. Big tech gian...
Crypto 101 Media | Sponsored
There is a little known company that is changing warfare
With geo - political instability around the world investors are flocking to defense contract stocks. There...
Reticulate | Sponsored
The #1 Crypto for AI
We’ve issued an urgent landmark trade alert for a new crypto wonder. So, I decided to give you this heads-u...
Weiss Ratings | Sponsored
The pin that pops the AI bubble
My new documentary explores the background to this pattern and how and why I believe it will almost certainly ...
Porter & Company | Sponsored
Tim Sykes’ Urgent Trade Alert: “Make this move now”
WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...
Timothy Sykes | Sponsored
24/7 Automated Profits in Crypto
What if you could make consistent daily profits in crypto with minimal effort? Beyond trading lies a vast w...
Crypto Swap Profits | Sponsored
Trump Wins… But Elon Says Get Ready to Brace
Trump's back in the White House, ready to hit the gas on America's comeback. He's taking on the economy wi...
Genesis Gold Group | Sponsored