Employee Well-being & Engagement

We strive to make Denbury a great place to work because we believe it is an important driver to employee well-being, retention and corporate success. We are dedicated to creating a workplace where every employee has the support and tools necessary to succeed. At Denbury, our work culture is relaxed, rewarding, focused, challenging and friendly. We work to create an atmosphere of trust and teamwork that brings out each employee’s unique talents. We believe our most important resource and our biggest competitive advantage is our highly skilled, knowledgeable and diverse workforce.

GRI:
401-1
Employee
Well-being

All of our employees are encouraged to use their skills and creativity in their areas of expertise, creating an atmosphere of cooperation and respect. We work as a team to develop innovative solutions that exceed expectations.

We believe in our employees’ right to a safe work environment, excellent work culture and competitive compensation. A culture of empowerment frees employees to develop ideas for tomorrow to facilitate the continued success of Denbury.

OUR DIVERSE CULTURE

At Denbury, we strive for diversity and inclusiveness to be a part of our culture. Our Board of Directors and management are responsible for promoting diversity at Denbury and have included “Promoting Diversity” among the Core Values included in our Code of Conduct and Ethics. We recognize the benefits we all share as a result of a diverse culture and are continually looking for ways to foster a diverse and inclusive work environment.

Commitment to Equal Employment and Nondiscrimination

Our Company provides equal employment opportunities to all employees and applicants without regard to race, color, religion, sex (including pregnancy status, sexual orientation or gender identity), national origin, disability, age, veterans' status, marital status, genetic information (including family medical history) or any other category protected by applicable law. Denbury makes employment related decisions, including with respect to hiring, job assignment, promotion, remuneration, training and benefits, without regard to any legally-protected status.

Denbury's objective is to provide a work environment that fosters mutual respect and working relationships free from unlawful discrimination, harassment or retaliation. Our management is charged with creating an atmosphere free from such conduct, and employees are responsible for respecting the rights of their co-workers.

In accordance with our Company policies, discrimination, harassment and retaliation are strictly prohibited at Denbury. Such conduct violates our Code of Conduct and Ethics, our Core Values, our Nondiscrimination, Anti-Harassment and Anti-Retaliation Policy, and local, state and federal law and will not be tolerated at Denbury.

Commitment to Equal Employment

Recruiting Diverse Talent

In 2018, women and minorities accounted for approximately 20% and 13% of our workforce, respectively, while women and minority new hires accounted for approximately 26% and 24% of our workforce, respectively. In 2019, women and minorities accounted for approximately 21% and 13% of our workforce, respectively, while women and minority new hires accounted for approximately 35% and 19% of our workforce, respectively.

Denbury aims to ensure equal opportunity in recruitment. We broaden our pool of diverse candidates by utilizing a digital recruiting program which posts available employment opportunities to websites worldwide, several of which are specifically targeted at diverse candidates such as Diversity.com, iHispano.com, and VeteranJobListings.com.

Additionally, the Company’s primary STEM recruitment efforts are based with the University of Texas, Texas A&M University, Colorado School of Mines, Oklahoma State University and the University of North Dakota. We utilize a combination of on-campus recruiting at career fairs as well as participation in activities put on by diversity organizations to build out our staffing needs. In 2019, our recruiting team participated in an interview training session from the Society of Women Engineers and a panel discussion at a STEM science camp for Aggie STEM.

Diversity Training

To foster a diverse and collaborative workplace, Denbury requires all employees to complete annual training modules to raise awareness about and encourage diversity and inclusion. Each year, our employee training program includes courses related to diversity, anti-discrimination, or anti-harassment to help employees understand diversity, cultural differences, recognize unconscious bias, and increase collaboration.

Diversity Training

Diverse Network

Denbury looks for ways to expand our support for female and minority employees. This includes sponsoring organizations such as the Women’s Energy Network and establishing a women’s network at Denbury called GROW—Growth in Relationships and Opportunities for Women, to raise awareness about opportunities at Denbury. These associations provide networking and development opportunities for our employees.

For example, many female employees at Denbury are members of, and partake in events hosted by, the Women’s Energy Network – Dallas and Fort Worth Chapters. At the October 2018 Women’s Energy Network Fort Worth luncheon, Denbury’s own Kelly Richmond, Asset Integrity Manager, was a featured speaker delivering a speech on “Taking Risks and Capitalizing from Them.”

Further, employee participation and interest in our GROW events has led to the establishment of monthly small group discussions where Denbury women can share their experiences with each other and discuss topics, books or current events that are of interest to them.

Kelly
In 2019, female employees formed a women's network called GROW -- Growth in Relationships and Opportunities for Women. The goal of the group is to give women at Denbury the tools and resources needed to support them in the workplace and enhance their overall presence in the Company.

ENGAGEMENT

Senior management believes that engagement and transparency with our employees is an important part of building trust and helping our employees feel rewarded, heard and secure about Denbury and their jobs. We have a number of company initiatives that focus on employee engagement.

Town Hall Updates

Periodically, our senior management team invites all employees to employee town halls, led by our CEO, which includes an update on our business and company performance, charitable activities, and safety updates, highlighting key achievements and individuals, followed by a candid Q&A session. Additionally, periodically throughout the year, officers of the Company travel to different field offices to speak in-person with field employees.

Town Hall UpdatesOfficers of the Company visit a field office to speak in-person with field employees.

Lunch with the Leaders

On a frequent basis, members of the senior management team invite a small rotating group of employees to an informal lunch. An update is provided on business initiatives and projects, and employees have a direct opportunity to engage with, and ask questions of, our senior management team.

INVESTING IN HEALTH AND WELLNESS

Denbury believes that promoting health and wellness among our employees and their families is critical to our success and necessary as part of our commitment to our employees. Our focus on the health and wellness of our employees goes beyond compliance with occupational health and safety regulations.

Wellness Program

Vitality

Denbury’s wellness program serves to encourage, educate and empower employees to take action toward improving and maintaining their health and well-being. Denbury provides its employees the opportunity to participate in “Vitality.” Vitality is an interactive and personalized wellness program that helps employees meet their wellness goals like losing weight, quitting smoking, becoming more active, improving diets and maintaining a healthy lifestyle.

Wellness Screening

Wellness Screening

Each year, wellness screenings are conducted on-site in Plano as well as at various field locations with services offered to both employees and their spouses. Preventive care is covered 100% under the Denbury health plan for enrolled employees and their dependents. In addition, flu shots are offered on-site and free of charge to employees and their dependents (spouse and children).

Advocacy Care

Through Advocacy Care, employees have unlimited confidential access to personal health advocates who can answer questions and help get them the right care on a wide range of issues such as: supporting medical issues, from common to complex, answering questions about diagnoses and treatments, researching the latest treatment options, finding the right in-network doctors and make appointments, researching and arranging expert second opinions, resolving insurance claims and billing issues, providing confidential help with personal issues, and finding local services.

Employee Assistance Program

Through Denbury’s Employee Assistance Program, employees can get help with matters such as balancing work and family, staying healthy, finding legal help, locating child care and handling finances.

Employee Emergency Fund

In response to the Hurricane Harvey disaster in 2017 which impacted some Denbury employees and their families, Denbury set up the Employee Emergency Fund. The program is intended to provide financial assistance to employees affected by catastrophic events or natural disasters. The fund is made up of contributions from employees which can be collected by items sold, fundraisers, or straight donations. Our employees have made contributions to the Employee Emergency Fund from the sale of office furniture, art, laptops, t-shirts, and monetary donations to help fellow employees in need. Since its creation, the Employee Emergency Fund has assisted employees in need as a result of: the Hurricane Harvey disaster, unexpected funeral arrangements, medical expenses, and flooded homes.

Since the fund’s inception, Denbury and our employees have raised over $43,000 to help fellow employees impacted by catastrophic events or natural disasters.

Hurricane Harvey Relief
Hurricane Harvey Relief

A GREAT PLACE TO WORK

GRI:
401-2
Employee
Well-being

Denbury has a long-standing tradition of offering exceptional benefits to its employees. These benefits are designed to help us attract and retain talented employees by creating a great working environment for our employees. We have been working hard to reduce costs and have taken a close look to determine the employee benefits that provide the most value to our employees. We have changed many practices, events and benefits during the last few years in order to be as cost-conscious as possible while still providing the great working environment that is a foundation of Denbury.

Denbury Headq Throughout Denbury’s headquarters you will find photos taken by employees.

Competitive Compensation

Denbury closely monitors industry and geographical compensation information to ensure that its employees are being paid fairly and competitively.

Flexible Work Schedule

Denbury offers flexible work schedules including flexible workday start and end times and a 9/80 compressed work schedule for eligible employees at the Company’s headquarters. Denbury also offers generous sick and vacation leave to eligible employees.

Medical Benefits

Denbury provides its employees with multiple low-cost medical, dental and vision coverage options so each employee can participate in a plan that is appropriate for the needs of their family.

401(k)

Denbury matches 100% of the first 6% of each employee’s pay contributed by the employee to their 401(k) plan. Annually, our 401(k) vendor provides educational sessions throughout the country discussing marketplace conditions, retirement planning and investment options.

Life Insurance

We want to provide for our employees and their families in the event of a death or serious injury. Denbury provides employees with basic life and accidental death and disability insurance at no cost to the employee. We also offer additional life insurance at a modest cost.

Disability

Denbury’s disability program protects our employees financially if they are unable to work as a result of an illness or injury. Denbury provides short-term and long-term disability coverage at no cost to the employee.

Cafeteria Denbury employees enjoying the Denbury Café at lunch.

Cafeteria

At Denbury’s headquarters we have an on-site cafeteria, the Denbury Café, which provides breakfasts and lunches to our employees. The Café is a daily meeting place for employees to gather and share work ideas or take a break and relax with co-workers. The Café is mutually beneficial because our employees do not need to spend time preparing meals at home to bring to the office and they are also able to be more efficient and productive since they are not required to use valuable work hours to leave our campus to eat out.

Matching Gift Program

Under Denbury’s matching gifts program, we match, dollar-for-dollar, up to $500 donated by an employee to any eligible charitable organization.

Denbury Events

Denbury sponsors and hosts many events for its employees and their families. These events create an employee-focused and family-oriented environment.

Denbury Event

Mardi Gras
Employees gathered at Denbury’s headquarters in Plano, Texas for a Mardi Gras themed parade.

Denbury Event

Dallas Heart Walk
At the American Heart Association’s 2019 Dallas Heart Walk, Denbury sponsored a Survivor Lane, awarding medals to heart disease and stroke survivors at the finish line. Denbury employees and their families participated in the walk to help fight our nation’s No. 1 and No. 5 killers—heart disease and stroke.

Denbury Event

Susan G. Koman 3-Day
Denbury employees participated in the Susan G. Komen 3-Day challenge in honor of a fellow employee who passed away recently from breast cancer. Denbury also held a bake sale to raise money for the cause.

Denbury Event

Walk to End Alzheimer’s
Denbury employees participated in the 2019 Grandscape Walk to End Alzheimer’s in The Colony, Texas. Denbury families were invited to walk together in support of the cause.

Denbury Event

Hallway Golf
Denbury hosted the 2nd annual Hallway Golf Tournament to raise funds and awareness for the Dallas Heart Walk. Various departments at Denbury participated in a competition to build the best mini golf course hole. All proceeds were donated to the American Heart Association.

Denbury Event

Trick or Treat Event
Denbury hosted a Trick or Treat event full of Halloween activities for Denbury families at our headquarters in Plano, Texas.

Denbury Event

Denbury Sponsored Softball Team
Employees participate in a Denbury sponsored softball team to compete with other oil & gas companies.

Denbury Event

Summer Intern Field Trip
Denbury summer interns took a field trip to our Hastings and Conroe fields.

Denbury Event

Red Balloon Run and Ride
Denbury sponsors Children’s Hospital’s Red Balloon Run and Ride by having a tent at the event, where Denbury volunteers serve dipped bananas to participants.

HUMAN RIGHTS

Our Company is committed to human rights in the workplace. This commitment includes respecting the dignity and worth of all individuals, encouraging all individuals to reach their full potential, encouraging the initiative of each employee, and providing equal opportunity for development to all employees.

Specifically, Denbury recognizes our responsibility with regards to:

  • Workplace health and safety
  • The prohibition of forced and child labor
  • A workplace free from harassment or any form of discrimination
  • Freedom of association
  • Complying with all laws regarding hours and wages
  • Employee privacy

Denbury respects international human rights principals and our commitments to human rights are guided by the United National Global Compact and the International Labor Organization’s Declaration of Fundamental Principles and Rights at Work.

Our Code of Conduct and Human Rights Policy require employees to report any suspected human rights abuses.

Denbury’s Human Rights Policy is available on our website at www.denbury.com under “Responsibility” link.


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