Chris Kirt

"You know, I think at Devon what we recognized as we looked more and more at the emergence of ESG was, this is an area for performance. And so what we needed to do was direct more attention to it ourselves, identify it as an emerging issue, direct attention to it, and also recognize it for what it is."

"We're competing both on the bottom line, but what ESG has done and forced us to do is think about other measures of I think, you know, one of the open ended questions, I think, with ESG is where does that lead to in the long run for performance?"

"But I think there's more and more data that reflects a correlation between good environmental, social, and governance practices and long term performance over the long term. So what we've been doing at Devon, of course, is continuing our emphasis on operational performance, but working into that environmental performance, social performance, and governance performance."

"That's I think probably the starting point for what we're doing at Devon and what a lot of companies are doing in connection with the ESG movement is just being more transparent, so putting more and more data out in this public sphere."

"I think that the ESG reality in part reflects the fact that investment capital is making decisions on where to allocate money based on ESG performance."

"One thing we went through in connection with our kind of upswing in ESG attention was we started engaging with our investors on climate change. And so we'd gotten a climate change assessment report request from a stockholder for six years running."

"So the common thread with the investor community is that incorporating ESG into a corporate culture is a key way to create sustainable value. So really for Devon, at the end of the day, the analysis wasn't that difficult. Once we've taken a closer look at the movement, I mean, what company wouldn't want to embrace sustainable value?"

"We're not going to be able to perform at a 100% level on every single ESG metric, but what's important to us and where can we really focus our efforts and show an outperformance?"

"So you can see in your materials for Devon that we established an ESG steering committee. And so that committee, as you can see, is comprised of some top level leaders in the company in key areas for ESG performance."