Devon Energy
Devon Energy Corporation is among the largest American independent natural gas and oil producers. Based in Oklahoma City, Oklahoma, the company's operations are focused on North American onshore exploration and production. Devon is one of North America’s larger processors of natural gas liquids and owns natural gas pipelines and treatment facilities in many of the company’s producing areas.
As You Sow has engaged with Devon Energy on issues related to executive compensation. Read more about our engagements with Devon Energy below.
STATUS: pending
BE IT RESOLVED: Shareholders request that Devon Energy issue a report assessing, in light of climate change and the global transition to a low carbon economy, the benefits and risks of using oil and gas reserve additions as a metric in executive compensation. The report should be produced at reasonable cost and omit proprietary information.
Filing Documents
Related 2018 Engagements
STATUS: 6.9%
BE IT RESOLVED:
Shareholders request that Devon Energy issue a report that assesses, in light of global concerns about climate-change and the resultant pressures to transition to a low carbon economy, the benefits and risks of continuing to use oil and gas reserve additions as a metric in named executives’ compensation. The report should be produced at reasonable cost and omit proprietary information.
Filing Documents
Related 2017 Engagements
STATUS: 3.8%
BE IT RESOLVED: Shareholders of Devon Energy request that, to help ensure the Company responds appropriately to climate-change induced market changes, the Compensation Committee adopt a policy to not use “oil and gas reserve addition” metrics to determine the amount of senior executive’s incentive compensation.
Filing Documents
Related 2016 Engagements
