Devon Energy Corp. remains one of the most community-minded companies in the United States.
The Oklahoma City-based oil and natural gas producer on Thursday was named to The Civic 50, a comprehensive ranking aimed at identifying companies that best use their time, talent, and resources to improve the quality of life in the communities where they do business.
Devon has been part of the list published by Bloomberg since its inception last year.
Dave Hager, the company's chief operating officer, said Devon is proud of its place on the list.
He said it is important from a business perspective for the company to be part of the community with a strong civic presence.
“As business leaders, we have an important responsibility to help identify problems and pursue opportunities to improve the quality of life in our community,” Hager said. “The values that underpin our corporate culture — doing the right thing, being a good neighbor — are every bit as good for our business as they are for our community.”
Companies considered for the list were evaluated through a survey developed by the National Conference on Citizenship and Points of Light.
The list was created to measure corporate civic engagement and recognize companies that make socially responsible practices and community leadership part of their corporate culture.
“We are encouraged by the results of The Civic 50 survey, which show that increasingly community engagement is recognized as being core to business success,” said Neil Bush, chairman of the Points of Light board, and Michael Weiser, board chairman of the National Conference on Citizenship, in a joint statement.
“We hope the best practices of The Civic 50 will serve as a valuable resource for other companies that want to transform their business, make a greater commitment to their communities and change lives.”
Devon, which has operations in six states and Canada, and its employees are involved in a variety of community engagement and support programs.