InfluenceMap Score
E
Performance Band
35%
Organisation Score
23%
Relationship Score
Modifications to InfluenceMap Scoring
Sector:
Energy
Head​quarters:
Oklahoma City, United States
Wikipedia:

Climate Lobbying Overview: Devon Energy appears to have negative engagement on climate and energy policy. Its top-line messaging has acknowledged the impact of oil and gas production on global warming. However, in response to climate change, the company seems to support market-based solutions instead of governmental regulations. Devon Energy has had limited engagement with specific climate policies, but where it has engaged, such as on methane emissions regulations in the US, this engagement appears to have been negative. Additionally, the company has consistently promoted a continued role for oil and natural gas in the near future.

Top-line Messaging on Climate Policy: Devon Energy does not appear to have made any statements regarding its top line position on climate policy. In its CDP Climate Response submitted in 2020, the company communicated its preference for a market-based solution to resolve public policy problems. In 2019, the company has made a statement on the Future of Energy where it asserted that energy regulations should be economically viable to ensure adequate supply and suggested a continued role for oil and gas in the coming years due to their affordability.

Engagement with Climate-related Regulations: Devon Energy’s engagement with specific climate policies, while limited, appears to be generally negative. In its ESG report published in 2020, Devon Energy acknowledged the high impact of methane on global warming but did not disclose its stance on relevant legislation items. Past evidence suggests that back in 2017 Devon Energy has advocated the head of the U.S. Environmental Protection Agency, Scott Pruitt, to oppose federal environmental rules on methane emissions regulations. InfluenceMap has not been able to find evidence of engagement with carbon pricing, renewable energy or energy efficiency policy streams.

Positioning on Energy Transition: Devon Energy appears to be unsupportive of transition to renewable energy. In its Climate Change Assessment from 2020, Devon Energy stated support for a continued role for oil and gas in a low-carbon world. In a message from the company’s board published in 2021, Devon Energy once again asserted its view that fossil fuel will be “a vital part of the global energy mix for decades to come.” In the past, Devon Energy has stated support for fracking in a public speech made by its CEO David Hager in 2019 and opposed export restrictions on oil and gas in a consultation responses to NAFTA negotiations in 2017.

Industry Association Governance: Devon Energy has limited transparency on its lobbying activities via industry associations. In its 2020 CDP Climate Change submission, Devon Energy disclosed its engagement with two trade associations and the climate policy positions of these associations. In 2019, Devon Energy disclosed its membership in 12 industry associations in its Political Activity and Lobbying Report; however, the disclosure does not cover a detailed description of its role in the associations and how it influences their policy positions. To date, Devon Energy remains a member of the American Petroleum Institute (API), an industry association which has been broadly oppositional to climate policy.

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QUERIES
DATA SOURCES
Main Web Site Social Media CDP Responses Legislative Consultations Media Reports CEO Messaging Financial Disclosures EU Register
Communication of Climate Science
0 NS NS NS NS NS NS NA
Alignment with IPCC on Climate Action
NS 0 NA NS NS NS NS NA
Supporting the Need for Regulations
-1 NS NS NS NS NS NS NA
Support of UN Climate Process
NS NS NS NS NS NS NS NA
Transparency on Legislation
0 NA -1 NA NA NA NS NA
Carbon Tax
NS NS NS NS NS NS NS NA
Emissions Trading
NS NS NS NS NS NS NS NA
Energy and Resource Efficiency
0 NS NS NS NS NS NS NA
Renewable Energy
NS NS NS NS NS NS NS NA
Energy Transition & Zero Carbon Technologies
-1 NS 0 -1 -2 -1 -1 NA
GHG Emission Regulation
NS 1 NS -1 -2 NS NS NA
Disclosure on Relationships
0 NA -1 NA NA NA NS NA
Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
25%
 
25%
 
27%
 
27%
 
25%
 
25%

How to Read our Relationship Score Map

In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.