Environmental Record
In 2004, Devon Energy was targeted as part of a resolution that would have required that companies monitor the amount of impact their business has on climate change in their businesses. Devon Energy was described as among a number that had previously flown under the radar of the proposers of the resolution because it was a mid-size business. The companies targeted would have to report their plans on how to deal with their findings to investors, if the resolution passed.
Devon Energy Corporation received an award from the Bureau of Land Management (BLM) in 2005 for their outstanding showing of exceeding the required environmental standards in the Worland, Wyoming area. They initiated contact with BLM regularly on their field related projects in order to work closely with them to help maintain the standards the BLM was aiming for.
Devon Canada, part of Devon Energy Corporation, holds the Voluntary Challenge & Registry (VCR) Gold Champion Level Reporting Status for implementing and reporting greenhouse gas reduction initiatives to the VCR. The gold champion level is the highest status ranking awarded by the VCR. They have voluntarily been providing the VCR with an annual report on their actions taken since 1995.
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