Devon Energy
Corprate Bias Ratings
Risk Level:
Summary:
Devon Energy vets vendors for LGBTQ policies and does not provide viewpoint protections for its employees. However, it has not publicly terminated business relationships based on views or beliefs. The company covers the cost of "medically necessary transition-related care” for its employees and their children. Devon discriminates against religious organizations in its charitable giving. However, it has not used its reputation or political contributions for ideological purposes. For these reasons, Devon Energy receives a Medium Risk rating.
Has denied service to customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.
Devon Energy has not publicly fired customers, suppliers, or vendors based on political views or religious beliefs. The company received a score of 75 from the Human Rights Campaign on the Corporate Equality Index. Among other requirements, this indicates the company has a written policy pledging to vet vendors for LGBTQ policies (1)(2). Devon Energy Corp. integrates ESG into all of its business practices. From its Sustainability page: “Devon’s board is committed to integrating ESG considerations into the company’s decision-making and operations. Accordingly, we have set ambitious ESG and EHS goals and continue to invest in technology, equipment and employee know how to meet them” (3). The company prioritizes diversity in its recruitment, hiring, promotions, and leadership composition (4).
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
Devon Energy discriminates against religious organizations in its charitable giving. It will not give to “Faith based organizations or causes” (1).
Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.
Devon Energy does not protect its employees from viewpoint discrimination (1).
Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
All links were last accessed and all information was updated on:
November 21, 2023
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Voting History
| Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
|---|---|---|---|---|---|
| 6/7/23 | Governance | John Chevedden | Give the Owners of 10% of Common Stock the Power to Call a Special Shareholder Meeting | Against | 36.10% |