Denbury
Denbury Inc., a prominent player in the energy sector, is headquartered in the United States, with significant operations in the Gulf Coast and Rocky Mountain regions. Founded in 1951, Denbury has established itself as a leader in the oil and natural gas industry, particularly known for its innovative carbon capture and storage techniques. The company focuses on enhanced oil recovery (EOR) using carbon dioxide, setting it apart from competitors by prioritising environmentally sustainable practices. Denbury's commitment to reducing carbon emissions has positioned it as a forward-thinking entity in the energy landscape. With a strong market presence and a history of strategic acquisitions, Denbury continues to achieve notable milestones, reinforcing its reputation as a key contributor to the evolving energy market.
DitchCarbon Score
How does Denbury's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Chemicals industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Denbury's score of 19 is lower than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Denbury's reported carbon emissions
In 2020, Denbury reported total carbon emissions of approximately 12,333,832,000 kg CO2e, with emissions distributed across all three scopes: 782,010,000 kg CO2e (Scope 1), 892,433,000 kg CO2e (Scope 2), and 10,659,389,000 kg CO2e (Scope 3). The company has not disclosed specific reduction targets or initiatives as part of its climate commitments, indicating a lack of formalised strategies in this area. In 2019, Denbury's total emissions were about 13,323,955,000 kg CO2e, with Scope 1 emissions at 806,360,000 kg CO2e, Scope 2 at 940,809,000 kg CO2e, and Scope 3 at 11,576,786,000 kg CO2e. The trend shows a slight decrease in total emissions from 2019 to 2020. Denbury's emissions data from previous years, such as 2018, also reflect significant emissions, with a total of approximately 14,056,380,000 kg CO2e. The company has not established any specific science-based targets or climate pledges, which may limit its accountability in addressing climate change. Overall, while Denbury has provided emissions data, it lacks clear reduction targets or commitments, which is critical for aligning with industry standards and addressing climate change effectively.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 919,988,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Denbury is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
