PLANO, Texas--(BUSINESS WIRE)--Denbury Inc. (NYSE: DEN) (“Denbury” or the “Company”) today announced the publication of its 2021 Corporate Responsibility Report. The report demonstrates the Company’s continued dedication to disclosure aligned with leading sustainability reporting frameworks, with preparation in accordance with the Global Reporting Initiative Sustainability Reporting Standards ("GRI Standards") as well as indicators and recommendations from the Sustainability Accounting Standards Board (“SASB”) and the Task Force on Climate-related Financial Disclosures (“TCFD”).

The report focuses on Denbury’s performance during the 2019 and 2020 calendar years and encompasses the foundation of our corporate responsibility strategy: Our Company, Our People, Our Environment and Our Communities. Highlights include:

  • Delivered negative Scope 1 and Scope 2 carbon emissions for each year
  • Reduced total Scope 1, Scope 2, and Scope 3 emissions by 12% since 2018
  • Annually transported and injected an average of approximately 3 million metric tons of industrial-sourced CO2
  • Reduced our employee and contractor combined total recordable incident rate by 28% to a Company record low level
  • Board of Directors with 25% female representation and a Sustainability Committee focused on providing oversight on important health and safety, climate change, environmental, social and community strategies and risks

Chris Kendall, Denbury’s President, and CEO commented, “I am proud to share our 2021 Corporate Responsibility Report, highlighting Denbury’s accomplishments and commitments in operating as a responsible and sustainable enterprise. As the world demands energy to fuel tomorrow’s economy and provide a better quality of life, Denbury is uniquely positioned to provide energy while also reducing atmospheric CO2 emissions. With Denbury’s strategically located assets and extensive experience, we are extremely well-positioned to lead in the reduction of CO2 emissions through Carbon Capture, Utilization and Storage. Today, our use of industrial-sourced CO2 in enhanced oil recovery fully offsets our Scope 1 and 2 emissions and we have a goal to become Scope 3 net carbon negative by the end of this decade by expanding our use of industrial-sourced CO2. We are dedicated to being a leader in sustainability and welcome your feedback as we continue to create a new energy future.”