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1、Climate Change Assessment Report2023 Devon EnergyContentsMessage from the CEO 2About This Report 3About Devon 5Governance and Risk Management 6Business Strategy 9Climate Change Resilience Analysis:Market Risk Assessment 12Analytical Approach and Results of the Assessment 13Climate Change Resilience

2、Analysis:Physical Risk Assessment 21Climate-Related Risks and Opportunities 24Metrics and Targets 33Performance Targets and Progress 35TCFD Summary Table 36Methodological Appendix 37Disclaimer 382 Message from the CEOClimate change presents a diverse and largely unpredictable set of risks to the wor

3、ld and to our business.The need to limit global warming coexists with the need to supply the world with affordable,accessible,reliable energy necessary to improve the quality of human lives across the globe.Since our founding in 1971,Devon Energy has been at the forefront of technological innovation

4、 in the oil and natural gas industry.This long history will be key to addressing the global challenge of transitioning to a lower-carbon economy while working to ensure that we do not leave any country behind without access to adequate,productive energy supply.We are focused on the future and determ

5、ined to do what it takes to produce energy the world needs reliably,responsibly,and sustainably.One of the things I am most proud of at Devon is our intentionality.We strive to approach problem solving in a pragmatic,thoughtful and diligent manner,no matter how small or large the challenge.Climate c

6、hange is no exception.We have pioneered operational practices,been proactive in applying new technology and resilient in adapting to evolving market conditions,regulations and increasing stakeholder expectations.Our work helping to supply reliable,affordable energy enables Devon to create jobs,stren