2020 Global Reporting Initiative (GRI) Content Index

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This index refers to the GRI Standards and G4 Oil and Gas Sector Supplement (OGSS) indicators, with cross reference to the Ten Principles of the United Nations Global Compact (UNGC), IPIECA sector-specific guidelines and the Sustainability Accounting Standards Board (SASB). The index includes all indicators required for a GRI Standards Core report, as well as a number of additional indicators for which we are able to provide supporting information.

Indicator Legend:

GRI Standards Indicator

GRI G4 OGSS Indicator

IPIECA Indicator

SASB Indicator

2020 GRI Content Index

GRI G3.1 OGSS Content Index

GRI 102: General Disclosures 2016 0

GRI Indicator

102-1

Disclosure Title

Name of the organization

Reference

2020 Sustainability Report (SR) page 4

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

102-2

Disclosure Title

Activities, brands, products and services

Reference

SR page 4

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

Our products – oil and natural gas and some of their derivatives, including propane – are traded globally, and none are banned. We monitor stakeholder questions and public debate about our industry’s products on an ongoing basis. Issues that are important to our stakeholders are confirmed through our annual materiality reviews and included within the scope of our sustainability reporting. For more information on how we assess and respond to stakeholder questions and key material issues, please see the Stakeholder Engagement section (page 21–22) and Materiality section (page 6) of our 2020 Sustainability Report.

GRI Indicator

102-3

Disclosure Title

Location of headquarters

Reference

Hess Offices

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

102-4

Disclosure Title

Location of operations

Reference

SR page 4

2020 Annual Report (pages 5–7) and SEC Form 10-K

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

EM-EP-000.B EM-EP-000.C

Comments

GRI Indicator

102-5

Disclosure Title

Ownership and legal form

Reference

2020 Annual Report and SEC Form 10-K

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

102-6

Disclosure Title

Markets served

Reference

SR page 4

2020 Annual Report and SEC Form 10-K (pages 6–13)

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

102-7

Disclosure Title

Scale of the organization

Reference

SR page 4

2020 Annual Report and SEC Form 10-K

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

102-8

Disclosure Title

Information on employees and other workers

Reference

SR pages 18, 35-37, 62

GRI Status

UNGC Principle(s) :

3, 10

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

102-9

Disclosure Title

Supply chain

Reference

SR pages 18-19

GRI Status

UNGC Principle(s) :

3, 10

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

See also our expanded Supply Chain section at hess.com/sustainability/how-we-operate/supply-chain as well as suppliers.hess.com.

GRI Indicator

102-10

Disclosure Title

Significant changes to the organization and its supply chain

Reference

SR pages 4, 7

2020 Annual Report (pages 1–7) and SEC Form 10-K (pages 28–41)

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

See also our expanded Supply Chain section at hess.com/sustainability/how-we-operate/supply-chain as well as suppliers.hess.com.

GRI Indicator

102-11

Disclosure Title

Precautionary principle or approach

Reference

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

In keeping with a precautionary approach, we evaluate identified risks and develop and implement mitigation plans as part of our enterprise risk management and due diligence processes. We also use environmental and social screening tools and conduct environmental and social impact assessments for major capital projects.

GRI Indicator

102-12

Disclosure Title

External initiatives

Reference

International Labour Organization

UN Global Compact

Universal Declaration of Human Rights

Extractive Industries Transparency Initiative

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

GOV-2: C3, GOV-4: C3

SASB Indicator(s) :

Comments

GRI Indicator

102-13

Disclosure Title

Membership of associations

Reference

SR pages 18, 57

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

Our memberships in industry and business associations further our knowledge, understanding and ability to address issues that impact our business. These memberships enable us to benchmark and share best practices with sector peers, contribute to guidance documents on environmental and social issues and access tools to manage those issues.

To understand trends in regional markets, we belong to regional industry and business associations, local chambers of commerce, building associations and state petroleum and gas associations.

GRI Indicator

102-14

Disclosure Title

Statement from senior decision-maker

Reference

SR pages 2-3

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

102-15

Disclosure Title

Key impacts, risks and opportunities

Reference

SR pages 2-11

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

102-16

Disclosure Title

Values, principles, standards and norms of behavior

Reference

SR inside front cover and pages 16, 23

Code of Business Conduct and Ethics

Environment, Health & Safety Policy

Human Rights Policy

Corporate Social Responsibility Policy

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

GOV-1: C2, C4

SASB Indicator(s) :

Comments

GRI Indicator

102-17

Disclosure Title

Mechanisms for advice and concerns about ethics

Reference

Code of Business Conduct and Ethics

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

See pages 6 and 7 of our Code of Business Conduct and Ethics.

GRI Indicator

102-18

Disclosure Title

Governance structure

Reference

SR pages 12-13

Corporate Governance Guidelines

Committee Composition

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

GOV-1: C1

SASB Indicator(s) :

Comments

GRI Indicator

102-19

Disclosure Title

Delegating authority

Reference

SR pages 12-13

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

GOV-1: C1

SASB Indicator(s) :

Comments

GRI Indicator

102-20

Disclosure Title

Executive-level responsibility for economic, environmental and social topics

Reference

SR pages 12-13

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

GOV-1: C1, C4

SASB Indicator(s) :

Comments

GRI Indicator

102-21

Disclosure Title

Consulting stakeholders on economic, environmental and social topics

Reference

2021 Proxy Statement – Form DEF 14A (page 9)

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

GOV-1: C1

SASB Indicator(s) :

Comments

See our 2021 Proxy Statement – Form DEF 14A for a description of the Stockholder and Interested Party Communications process (page 9).

GRI Indicator

102-22

Disclosure Title

Composition of the highest governance body and its committees

Reference

2021 Proxy Statement – Form DEF 14A (pages 2–14)

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

GOV-1: A1

SASB Indicator(s) :

Comments

GRI Indicator

102-23

Disclosure Title

Chair of the highest governance body

Reference

2021 Proxy Statement – Form DEF 14A (page 8)

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

The Chairman of the Board, Mr. James H. Quigley, is an independent, nonexecutive director. Refer to page 8 of the 2021 Proxy Statement – Form DEF 14A.

GRI Indicator

102-24

Disclosure Title

Nominating and selecting the highest governance body

Reference

2021 Proxy Statement – Form DEF 14A (page 6)

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

GOV-1: A1

SASB Indicator(s) :

Comments

GRI Indicator

102-25

Disclosure Title

Conflicts of interest

Reference

2021 Proxy Statement – Form DEF 14A (pages 2–5, 9)

Code of Business Conduct and Ethics

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

102-26

Disclosure Title

Role of highest governance body in setting purpose, values and strategy

Reference

SR page 13

2021 Proxy Statement – Form DEF 14A (page 11)

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

102-27

Disclosure Title

Collective knowledge of the highest governance body

Reference

SR pages 12-13

2021 Proxy Statement – Form DEF 14A (pages 2–5)

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

GOV-1: A1, A6

SASB Indicator(s) :

Comments

GRI Indicator

102-28

Disclosure Title

Evaluating the highest governance body’s performance

Reference

Compensation and Management Development Committee Charter

2021 Proxy Statement – Form DEF 14A (page 7)

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

102-29

Disclosure Title

Identifying and managing economic, environmental and social impacts

Reference

SR pages 12-13

2021 Proxy Statement – Form DEF 14A (page 11)

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

102-30

Disclosure Title

Effectiveness of risk management processes

Reference

SR pages 14-15

2021 Proxy Statement – Form DEF 14A (pages vi, 11–12, 14–15)

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

GOV-2: C2

SASB Indicator(s) :

Comments

GRI Indicator

102-31

Disclosure Title

Review of economic, environmental and social topics

Reference

SR page 13

2021 Proxy Statement – Form DEF 14A (pages iii–vi, 8, 10–11)

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

GOV-1: C2

SASB Indicator(s) :

Comments

The Environment, Health and Safety (EHS) Committee of the Board of Directors met five times in 2020. The full Board of Directors met ten times in 2020.

GRI Indicator

102-32

Disclosure Title

Highest governance body’s role in sustainability reporting

Reference

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

GOV-1: A4

SASB Indicator(s) :

Comments

Hess’ sustainability report is reviewed by the EHS Committee of the Board of Directors, as well as by our Chief Executive Officer.

GRI Indicator

102-33

Disclosure Title

Communicating critical concerns

Reference

2021 Proxy Statement – Form DEF 14A (page 9)

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

See our 2021 Proxy Statement – Form DEF 14A for a description of the Stockholder and Interested Party Communications process (page 9).

GRI Indicator

102-35

Disclosure Title

Remuneration policies

Reference

Compensation and Management Development Committee Charter

2021 Proxy Statement – Form DEF 14A (pages viii–ix, 19–47)

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

GOV-1: A5

SASB Indicator(s) :

Comments

Linkage between compensation for members of the highest governance body and the organization’s performance is stated in the Hess Corporation Compensation and Management Development Committee Charter.

Discussion of the linkage between compensation for members of the highest governance body, senior managers and executives and the organization’s performance is also included in the annual Proxy Statement – Form DEF 14A, as follows:
• Director compensation: page 19
• CEO and other Named Executive Officer compensation process and results: pages 20–46
• Changes in payout philosophy and actions taken in response to stockholder outreach: page 25
• Compensation principles (including “Safety and Sustainability”): pages 26–33
• Cash bonus plan for EHS metrics: pages 27-31
• EHS metrics components and percent of 2020 bonus for each NEO: page 27-31.

GRI Indicator

102-36

Disclosure Title

Process for determining remuneration

Reference

2021 Proxy Statement – Form DEF 14A (pages 10, 20–37)

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

The roles and responsibilities of the Board of Directors’ Compensation and Management Development Committee are described on page 10 of our 2021 Proxy Statement – Form DEF 14A. Our key compensation practices, including the use of compensation consultants, are listed on pages 20–37. See page 34 for a description of our process for determining compensation and the role of compensation consultants.

GRI Indicator

102-37

Disclosure Title

Stakeholders’ involvement in remuneration

Reference

2021 Proxy Statement – Form DEF 14A (pages 9, 25)

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

See our 2021 Proxy Statement – Form DEF 14A for a description of the Stockholder and Interested Party Communications process (page 9).

GRI Indicator

102-40

Disclosure Title

List of stakeholder groups

Reference

SR pages 22

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

102-41

Disclosure Title

Collective bargaining agreements

Reference

SR page 62

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

At year end 2020, less than 2% of employees were represented by collective bargaining agreements.

GRI Indicator

102-42

Disclosure Title

Identifying and selecting stakeholders

Reference

SR pages 21–22

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

102-43

Disclosure Title

Approach to stakeholder engagement

Reference

SR pages 21–23

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

The frequency of our engagement varies by stakeholder and issue. For example, we meet with landowners on a regular basis and increase the frequency of those engagements if needed based on the key issues for these stakeholders. Similarly, we maintain an open dialogue with community representatives and regulating bodies, and increase engagement as needed based on the relevance and timing of key issues. Our engagement frequency with other stakeholders is determined on a risk basis.

GRI Indicator

102-44

Disclosure Title

Key topics and concerns raised

Reference

SR pages 6, 21–23

Social Responsibility

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

See the SR page 6 for materiality determination, including how we incorporate stakeholder feedback into our reporting process and the resulting material issues. See pages 21–23 for information about our stakeholder engagement process. See hess.com/sustainability/social-responsibility for engagement examples by stakeholder type, including indigenous groups.

GRI Indicator

102-45

Disclosure Title

Entities included in the consolidated financial statements

Reference

SR pages 4–5

2020 Annual Report and SEC Form 10-K (pages 6–13)

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

102-46

Disclosure Title

Defining report content and topic Boundaries

Reference

SR page 6-7

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

A table mapping our top material issues to GRI Standards reporting criteria and identifying the reporting Boundaries for each is available at hess.com/sustainability/approach-to-reporting/boundaries-for-material-issues.

GRI Indicator

102-47

Disclosure Title

List of material topics

Reference

SR page 6

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

102-48

Disclosure Title

Restatements of information

Reference

SR page 6-7

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

102-49

Disclosure Title

Changes in reporting

Reference

SR page 6-7

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

102-50

Disclosure Title

Reporting period

Reference

SR page 6-7

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

102-51

Disclosure Title

Date of most recent report

Reference

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

Hess’ most recent previous report was the 2019 SR, released in 2020.

GRI Indicator

102-52

Disclosure Title

Reporting cycle

Reference

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

Hess publishes a sustainability report on an annual basis.

GRI Indicator

102-53

Disclosure Title

Contact point for questions regarding the report

Reference

SR, inside front cover

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

102-55

Disclosure Title

GRI content index

Reference

GRI Content Index

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

102-54

Disclosure Title

Claims of reporting in accordance with the GRI Standards

Reference

SR, inside front cover

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

102-56

Disclosure Title

External assurance

Reference

SR page 64

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

GOV-1: A4

SASB Indicator(s) :

Comments

Hess’ practice is to have our sustainability report assured by a third party on an annual basis. The assurance effort includes a review of our sustainability data and self-declared GRI “in accordance” option.

GRI 201: Economic Performance 20161

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 2–7

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR pages 2–3

2020 Annual Report and SEC Form 10-K (pages 26–47)

Code of Business Conduct and Ethics

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR pages 12-15

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

201-1

Disclosure Title

Direct economic value generated and distributed

Reference

SR pages 4–5, 24, 62

2020 Annual Report and SEC Form 10-K (page 28)

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

GOV-4: C3

SASB Indicator(s) :

Comments

"Hess supports revenue transparency through participation in the Extractive Industries Transparency Initiative (EITI), a voluntary, multistakeholder initiative that includes oil and mining companies, governments, civil society groups and international nongovernmental organizations and investors. As a Supporting Company of the EITI since 2004, Hess endorses the initiative’s objective to improve governance through transparency of payments to governments.

In countries that have joined the EITI, where we have equity interests but are not the operator, we comply with the disclosure practices of the operating company as well as country laws and regulations.

We support the EITI’s efforts to attract more countries to the initiative. Hess welcomes the EITI’s efforts to conduct outreach in Latin America, including Guyana and Suriname, where Hess has entered into joint ventures in four different offshore blocks (two in Guyana and two in Suriname). Hess has been and continues to be supportive of all countries where it conducts business to join the EITI. Moreover, Hess was pleased that the EITI Board approved both Guyana's and Suriname’s candidature applications in 2017."

GRI Indicator

201-2

Disclosure Title

Financial implications and other risks and opportunities due to climate change

Reference

SR pages 39–45

CDP Disclosure

2020 Annual Report and SEC Form 10-K (page 22, 24)

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

EM-EP-420a.1 EM-EP-420a.4

Comments

GRI Indicator

201-3

Disclosure Title

Defined benefit plan obligations and other retirement plans

Reference

2020 Annual Report and SEC Form 10-K (pages 74–77)

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

OG1

Disclosure Title

Volume and type of estimated proved reserves and production

Reference

SR pages 4, 62

2020 Annual Report and SEC Form 10-K (pages 6–11)

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

EM-EP-000.A

Comments

GRI 202: Market Presence 20162

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 24–25, 36

Code of Business Conduct and Ethics

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR pages 24–25, 36

Code of Business Conduct and Ethics

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SOC-15: C1

SASB Indicator(s) :

Comments

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR pages 14–15, 24–25, 36

Code of Business Conduct and Ethics

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

202-1

Disclosure Title

Ratios of standard entry-level wage by gender compared to local minimum wage

Reference

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

At all significant locations of operations, which Hess defines as 100 or more employees, standard entry-level wages are higher than local minimum wages. To gauge the competitiveness and fairness of our compensation, we benchmark Hess against industry peers. Employees who make a greater contribution or perform at higher levels earn more, regardless of race, color, gender, age, sexual orientation, creed, national origin, genetic information, disability, veteran status or any other protected status.

GRI Indicator

202-2

Disclosure Title

Proportion of senior management hired from the local community

Reference

SR pages 36

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

"SOC-15: A1 "

SASB Indicator(s) :

Comments

We define “significant” as an international asset that has 100 or more employees. This applied to our production asset in Malaysia in 2020.

GRI 203: Indirect Economic Impacts 20163

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 22-25

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SOC-13: C1, C2, A2

SASB Indicator(s) :

Comments

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR pages 19, 22–25

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR pages 14–15, 22–25

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

203-1

Disclosure Title

Infrastructure investments and services supported

Reference

SR pages 22–25

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI 204: Procurement Practices 20164

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 18–19

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR pages 8–11, 18–19, 22

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SOC-14: C1

SASB Indicator(s) :

Comments

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR pages 14–15, 18–19

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

204-1

Disclosure Title

Proportion of spending on local suppliers

Reference

SR pages 18–19

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SOC-14: A1

SASB Indicator(s) :

Comments

In 2020, we spent approximately $2.6 billion on local suppliers, which represents 92% of our total supplier spend for the year. Suppliers are considered local if purchases are made within the same country in which we are doing business. See also an expanded version of the Supply Chain section of our 2020 SR online at hess.com/sustainability/how-we-operate/supply-chain.

GRI 205: Anti-Corruption 20165

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 6, 16–19

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR pages 8–11, 16–19,22

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

GOV-2: C1, GOV-3: C1, C3, C4

SASB Indicator(s) :

EM-EP-510a.2

Comments

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR pages 14–15, 16–19

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

GOV-3: A3

SASB Indicator(s) :

Comments

GRI Indicator

205-1

Disclosure Title

Operations assessed for risks related to corruption

Reference

SR pages 16–19, 22

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

"Hess has analyzed all business units, including its core exploration and production business, for risks related to corruption. Hess’ Global Compliance team proactively assesses country-level risks related to corruption based on internal risk criteria. Our Corporate Audit Department systematically conducts anti‐corruption audits to determine potential exposure to corruption risk. Audits are conducted annually in certain countries where Hess operates, and every two to three years in other countries as determined by internal risk criteria and external benchmarks (e.g., Transparency International’s Corruption Perceptions Index).

The types of risks identified through these activities have included those related to third-party due diligence and potential third-party misconduct, conflicts of interest and significant commercial transactions in high risk countries."

GRI Indicator

205-2

Disclosure Title

Communication and training about anti-corruption policies and procedures

Reference

SR pages 16–19, 22

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

GOV-1: A7, GOV-2: A3, GOV-3: C2, A1, A4; SOC-8: C1, A1, A4

SASB Indicator(s) :

Comments

In 2020, the Global Compliance team redesigned Hess’ online ABAC training program and identified additional online training resources related to conflicts of interest. We plan to deploy enhanced trainings on these topics in 2021.

GRI Indicator

205-3

Disclosure Title

Confirmed incidents of corruption and actions taken

Reference

2020 Annual Report and SEC Form 10-K

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

The Hess confidential hotline, managed by an independent third party, includes both telephone and web-based reporting capabilities. Employees, business partners and customers can report allegations of Code of Conduct violations and workplace concerns – including those related to corruption – in multiple languages. Employees who in good faith report known or suspected violations of company policy or make a complaint are protected from retaliation. We thoroughly, confidentially and promptly investigate allegations related to the Code of Conduct or potential violations of law or company policy. Disciplinary actions range from counseling and formal corrective action plans to termination of employment or services.

GRI Indicator

SASB EM-EP-510a.1

Disclosure Title

Percentage of (1) proved and (2) probable reserves in countries that have the 20 lowest rankings in Transparency International’s Corruption Perception Index

Reference

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

EM-EP-510a.1

Comments

Approximately 10% of Hess' proved reserves are in Libya, which is among the 20 lowest ranked countries in the Transparency International's Corruption Perception index.

GRI 206: Anti-Competitive Behavior 20166

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR page 6-7

Code of Business Conduct and Ethics

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

Code of Business Conduct and Ethics

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR pages 14–15, 16

Code of Business Conduct and Ethics

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

206-1

Disclosure Title

Legal actions for anti-competitive behavior, anti-trust, and monopoly practices

Reference

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

In 2020, there were no pending or completed lawsuits, enforcement actions, fines or sanctions relating to allegations of anti-competitive behavior or violations of anti-trust or monopoly laws or regulations.

GRI 207: Tax 20197

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

See our Tax Practices reporting online at hess.com/sustainability/how-we-operate/tax-practices.

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

See our Tax Practices reporting online at hess.com/sustainability/how-we-operate/tax-practices.

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

See our Tax Practices reporting online at hess.com/sustainability/how-we-operate/tax-practices.

GRI Indicator

207-1

Disclosure Title

Approach to tax

Reference

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

GOV 4: C1, C2, A2

SASB Indicator(s) :

Comments

See our Tax Practices reporting online at hess.com/sustainability/how-we-operate/tax-practices.

GRI Indicator

207-2

Disclosure Title

Tax governance, control, and risk management

Reference

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

See our Tax Practices reporting online at hess.com/sustainability/how-we-operate/tax-practices.

GRI Indicator

207-3

Disclosure Title

Stakeholder engagement and management of concerns related to tax

Reference

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

See our Tax Practices reporting online at hess.com/sustainability/how-we-operate/tax-practices.

GRI Indicator

207-4

Disclosure Title

Country-by-country reporting

Reference

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

GOV 4: A1

SASB Indicator(s) :

Comments

See our Tax Practices reporting online at hess.com/sustainability/how-we-operate/tax-practices.

GRI 301: Materials 20168

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

This topic is not one of Hess' material issues.

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

This topic is not one of Hess' material issues.

GRI Indicator

301-1

Disclosure Title

Materials used by weight or volume

Reference

GRI Status

UNGC Principle(s) :

7, 8

IPIECA Indicator(s) :

ENV-7: C1

SASB Indicator(s) :

EM-EP-140a.3

Comments

"Crude oil, natural gas and natural gas liquids are our primary products. Since these products are sold in bulk, there is very little use of packaging material.

Data on the composition of hydraulic fracturing fluid used in each well is publicly available on the FracFocus website. We look for opportunities to improve our operations and reduce costs through more efficient use of natural resources."

GRI Indicator

301-2

Disclosure Title

Recycled input materials used

Reference

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

Crude oil, natural gas and natural gas liquids are our primary products. These products are sold in bulk so there is very little use of packaging material, and tracking the recycling of any packaging material is not a material metric for our company.

GRI Indicator

301-3

Disclosure Title

Reclaimed products and their packaging materials

Reference

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

The vast majority of our products are handled in bulk throughout the product lifecycle and do not require packaging materials.

GRI 302: Energy 20169

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR page 53

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR pages 8-11,22, 53

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

GOV-2: A5; CCE-6: C2, A3

SASB Indicator(s) :

Comments

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR pages 14-15, 53

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

302-1

Disclosure Title

Energy consumption within the organization

Reference

SR page 53

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

"CCE-6: C1 "

SASB Indicator(s) :

Comments

GRI Indicator

302-2

Disclosure Title

Energy consumption outside of the organization

Reference

SR pages 53, 63

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

302-3

Disclosure Title

Energy intensity

Reference

SR pages 53, 61

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

CCE-6: A2

SASB Indicator(s) :

Comments

GRI Indicator

302-5

Disclosure Title

Reductions in energy requirements of products and services

Reference

GRI Status

UNGC Principle(s) :

8, 9

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

With the completion of our multiyear strategic transformation into a company focused solely on exploration and production, we no longer offer renewable-energy-based products and services.

GRI Indicator

OG2

Disclosure Title

Investment in renewable energy

Reference

SR page 53

GRI Status

UNGC Principle(s) :

8, 9

IPIECA Indicator(s) :

SASB Indicator(s) :

EM-EP-420a.3

Comments

GRI Indicator

OG3

Disclosure Title

Renewable energy generated by source

Reference

GRI Status

UNGC Principle(s) :

8, 9

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

We selectively use small solar panels in the field to power instrumentation. This renewable energy is not quantified.

GRI 303: Water 201810

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 55-57

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR pages 8-11, 22, 55-57

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

GOV-2: A5; ENV-1: A6

SASB Indicator(s) :

EM-EP-140a.1

Comments

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR pages 14-15, 55-57

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

303-1

Disclosure Title

Interactions with water as a shared resource

Reference

SR pages 55-57

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

303-2

Disclosure Title

Management of water discharge-related impacts

Reference

SR pages 56-57

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

ENV-1: A9; ENV-2: A3, A4, A5, A6

SASB Indicator(s) :

Comments

GRI Indicator

303-3

Disclosure Title

Water withdrawal

Reference

SR pages 55-56, 63

Key Sustainability Metrics

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

EM-EP-140a.1

Comments

For the purposes of our reporting, fresh water withdrawn is considered equal to fresh water use, as none of the fresh water withdrawn is returned to a freshwater source by Hess or a third party (as defined by IPIECA in Sustainability reporting guidance for the oil and gas industry, 2020). See our online key sustainability metrics table for additional details.

GRI Indicator

303-4

Disclosure Title

Water discharge by quality and destination

Reference

SR pages 56-57

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

ENV-2: C1, A6

SASB Indicator(s) :

Comments

GRI Indicator

303-5

Disclosure Title

Water consumption

Reference

SR pages 55-56, 63

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

ENV-1: C2, C5, A1, A4

SASB Indicator(s) :

Comments

GRI 304: Biodiversity 201611

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR page 59-60

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

EM-EP-160a.1

Comments

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR pages 22, 59-60

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

GOV-2: A5; ENV-3: C1, C2, A1, A2; ENV-4: C2, A2

SASB Indicator(s) :

Comments

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR pages 14-15, 59-60

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

304-1

Disclosure Title

Operational sites owned, leased, managed in or adjacent to protected areas and areas of high biodiversity value outside protected areas

Reference

SR page 59-60

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

ENV-4: C1

SASB Indicator(s) :

EM-EP-160a.3

Comments

GRI Indicator

304-2

Disclosure Title

Significant impacts of activities, products and services on biodiversity

Reference

SR page 59-60

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

304-3

Disclosure Title

Habitats protected or restored

Reference

SR page 59-60

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

304-4

Disclosure Title

IUCN Red List species and national conservation list species with habitats in areas affected by operations

Reference

SR page 59-60

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

OG4

Disclosure Title

Number and percentage of significant operating sites in which biodiversity risk has been assessed and monitored.

Reference

SR page 59-60

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI 305: Emissions 201612

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 39–53, 60–61

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR pages 8–11, 22, 39–53, 60–61

GRI Status

UNGC Principle(s) :

GOV-2: A5; CCE-1: C1, C2, C3, C4, A1, A2, A3, A4; CCE-2: C2, C3, C4, A2; CCE-3, A3, A8; CCE-5: C1, C2, A1, A2, A3

IPIECA Indicator(s) :

SASB Indicator(s) :

EM-EP-110a.3

Comments

We are regulated at the national, regional and local levels for various environmental media, including, for example, flaring and criteria pollutant and GHG emissions. Descriptions of our management approach and programs focused on GHG emissions can be found on pages 39–52 of the 2020 SR, and those focused on other air emissions can be found on pages 61–62 of the 2020 SR and at hess.com/sustainability/environment. Details of our leak detection and repair programs can be found on pages 52 and 61 of the 2020 SR and at hess.com/sustainability/environment.

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR pages 14-15, 39–53, 60-61

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

EM-EP-110a.3

Comments

See also our expanded Climate Change and Energy section at hess.com/sustainability/climate-change-energy.

GRI Indicator

305-1

Disclosure Title

Direct (Scope 1) GHG emissions

Reference

SR pages 39–53, 63

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

CCE-4, C1, C3, A1; CCE-7: C1, C2, C3, C4, C5, A2, A4

SASB Indicator(s) :

EM-EP-110a.1 EM-EP-110a.2 EM-EP-110a.3

Comments

GRI Indicator

305-2

Disclosure Title

Energy indirect (Scope 2) GHG emissions

Reference

SR pages 39–53, 63

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

CCE-4, C2

SASB Indicator(s) :

Comments

GRI Indicator

305-3

Disclosure Title

Other indirect (Scope 3) GHG emissions

Reference

SR pages 39–53, 63

CDP Disclosure

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

CCE-4, A3, A7

SASB Indicator(s) :

Comments

GRI Indicator

305-4

Disclosure Title

GHG emissions intensity

Reference

SR pages 39–53, 63

CDP Disclosure

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

CCE-4, C4

SASB Indicator(s) :

Comments

GRI Indicator

305-5

Disclosure Title

Reduction of GHG emissions

Reference

SR pages 39–53, 63

CDP Disclosure

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

CCE-3: C1; SHS-5: A3

SASB Indicator(s) :

EM-EP-110a.3

Comments

See also our expanded Climate Change and Energy section at hess.com/sustainability/climate-change-energy.

GRI Indicator

305-7

Disclosure Title

Nitrogen oxides (NO_X), sulfur oxides (SO_X) and other significant air emissions

Reference

SR pages 60-61, 63

Key Sustainability Metrics

GRI Status

UNGC Principle(s) :

8, 9

IPIECA Indicator(s) :

ENV-5: C1, A1, A2

SASB Indicator(s) :

EM-EP-120a.1

Comments

See our online key sustainability metrics table for additional details.

GRI Indicator

SASB EM-EP-420a.1

Disclosure Title

Sensitivity of hydrocarbon reserve levels to future price projection scenarios that account for a price on carbon emissions

Reference

SR page 39-45

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

CCE-1: C4, CCE-2: C1

SASB Indicator(s) :

EM-EP-420a.1

Comments

GRI Indicator

SASB EM-EP-420a.4

Disclosure Title

Discussion of how price and demand for hydrocarbons and/or climate regulation influence the capital expenditure strategy for exploration, acquisition, and development of assets

Reference

SR page 39-45

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

CCE-1: C4, CCE-2: C1

SASB Indicator(s) :

EM-EP-420a.4

Comments

GRI 306: Effluents and Waste 201613

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 57–58, 60

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR pages 8–11, 22, 57–58, 60

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

GOV-2: A5; ENV-6: C1, C3, C4 A5; ENV-7: C2; SHS-5: C3

SASB Indicator(s) :

Comments

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR pages 14-15, 57–58, 60

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

306-1

Disclosure Title

Water discharge by quality and destination

Reference

SR pages 56-57

Key Sustainability Metrics

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

EM-EP-140a.2

Comments

See our online key sustainability metrics table for additional details.

GRI Indicator

306-2

Disclosure Title

Waste by type and disposal method

Reference

SR pages 57, 61

Key Sustainability Metrics

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

ENV-7: C3, A1, A3

SASB Indicator(s) :

Comments

See our online key sustainability metrics table for additional details.

GRI Indicator

306-3

Disclosure Title

Significant spills

Reference

SR pages 57-58, 63

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

ENV-6: C2, A5; SHS-6: C1, C2, C3, A1, A2, A3, A5

SASB Indicator(s) :

EM-EP-160a.2 EM-EP-540a.1

Comments

GRI Indicator

306-4

Disclosure Title

Transport of hazardous waste

Reference

SR page 63

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

No waste considered hazardous under the terms of the Basel Convention was exported from our operations in 2020.

GRI Indicator

OG5

Disclosure Title

Volume and disposal of formation or produced water

Reference

SR page 56-57, 63

Key Sustainability Metrics

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

ENV-2: A5

SASB Indicator(s) :

EM-EP-140a.2

Comments

See our online key sustainability metrics table for additional details.

GRI Indicator

OG6

Disclosure Title

Volume of flared and vented hydrocarbon

Reference

SR page 49-51, 63

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

CCE-4: A3

SASB Indicator(s) :

EM-EP-110a.2

Comments

GRI Indicator

OG7

Disclosure Title

Amount of drilling waste (drill mud and cuttings) and strategies for treatment and disposal

Reference

SR page 60

Key Sustainability Metrics

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

ENV-2: A1

SASB Indicator(s) :

Comments

See our online key sustainability metrics table for additional details.

GRI 307: Environmental Compliance 201614

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 61

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR pages 8-11, 22, 61

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR pages 14-15, 61

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

307-1

Disclosure Title

Noncompliance with environmental laws and regulations

Reference

SR pages 61, 63

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

In 2020, we paid approximately $34,000 in environmental-related fines. Of that amount, approximately $33,000 was paid for our shale operations in North Dakota. We received 4 environmental-related violations in North Dakota, one in Malaysia and five for our offshore operations in the Gulf of Mexico.

GRI 308: Supplier Environmental Assessment 201616

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 18-19

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

See descriptions in 308-1 and 308-2 below, and our expanded Supply Chain section at hess.com/sustainability/how-we-operate/supply-chain.

A table mapping our top material issues to GRI Standards reporting criteria and identifying the reporting Boundaries for each is available at hess.com/sustainability/approach-to-reporting/boundaries-for-material-issues.

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR pages 8-11, 18-19,22

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

GOV-1: A2; ENV-3: A4

SASB Indicator(s) :

Comments

See descriptions in 308-1 and 308-2 below, and our expanded Supply Chain section at hess.com/sustainability/how-we-operate/supply-chain.

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR pages 14-15, 18-19

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

308-1

Disclosure Title

New suppliers that were screened using environmental criteria

Reference

SR pages 18-19

GRI Status

UNGC Principle(s) :

8, 9

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

Prospective suppliers are given a clear scope of work and environment, health and safety expectations during the sourcing phase. See our expanded Supply Chain section at hess.com/sustainability/how-we-operate/supply-chain.

GRI Indicator

308-2

Disclosure Title

Negative environmental impacts in the supply chain and actions taken

Reference

SR pages 18-19

GRI Status

UNGC Principle(s) :

8, 9

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

Our approach for screening new suppliers, which includes risk reviews for EHS performance and programs where appropriate, is described on pages 18–19 the 2020 SR. Our Contractor Management Standard defines internal monitoring requirements for the EHS performance of our suppliers on an ongoing basis, at various points in the contract lifecycle. Monitoring may include assessments, inspections, performance metrics, audits or safety meetings as needed based on the scope of work. Findings that result from these reviews are documented through our supplier management and incident management software, and the associated actions are tracked to closure. The contractors’ performance records are maintained and factored into decision-making when the contractor is being considered for future work. See also our expanded Supply Chain section at hess.com/sustainability/how-we-operate/supply-chain.

GRI 401: Employment 201617

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 35-37

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR pages 8-11, 22, 35-37

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

The company has not identified significant risk in our workforce for child labor, forced or compulsory labor, or violations of the right to freely associate and bargain collectively. We do not permit the employment of underage children or the use of forced labor in our global workforce. This is also enforced in our contract language on labor practices and through our human rights, social responsibility and business integrity contract clauses. We recognize and respect our employees’ rights to join associations and engage in collective bargaining in a manner that is consistent with applicable laws, rules, regulations and local customs.

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR pages 14-15, 35-37

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

401-1

Disclosure Title

New employee hires and employee turnover

Reference

SR pages 37, 62

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SOC-6: A1

SASB Indicator(s) :

Comments

GRI Indicator

401-2

Disclosure Title

Benefits provided to full-time employees that are not provided to temporary or part-time employees

Reference

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

Hess provides comprehensive, high quality health and retirement benefits that supplement or enhance the coverage that is offered by government programs. In addition to wages, our financial benefits include pension, savings, life and disability insurance and incentive programs. Health benefits include medical, dental, vision, prescription drug and various employee assistance plans. Employee benefit packages vary by country.

GRI Indicator

401-3

Disclosure Title

Parental leave

Reference

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

There were a total of 79 claims (77 unique employees) for paid family leave in 2020. Of the 79 claims, 18 were for maternity leave and 61 were for child bonding and parental leaves or leave to care for seriously ill family members. Of the 79, all have returned to work or plan to return to work early next year. There were 24 women and 53 men who took leave.

GRI 402: Labor/Management Relations 201618

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 35-37

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR pages 35-37

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR pages 14-15, 35-37

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

402-1

Disclosure Title

Minimum notice periods regarding operational changes

Reference

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

For major operational changes, such as layoffs and facility closures, we comply with advance notification requirements specified in all applicable labor laws and regulations.

GRI 403: Occupational Health and Safety 201819

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 27-33

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR pages 8-11, 27-33

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

GOV-1: A2, A3, GOV-2: A3; SHS-1: C1, A1, A2, A3; SHS-3: C3; SHS-4: C1, C3, A4, A5, A8

SASB Indicator(s) :

EM-EP-320a.2

Comments

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR pages 14-15, 27-33

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

403-1

Disclosure Title

Occupational health and safety management system

Reference

SR pages 27-33

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SHS-1: C2, C3; SHS-3: A2, A3, A4

SASB Indicator(s) :

Comments

Hess’ safety standards and associated procedures, which address key areas of safety risk such as energy isolation, dropped objects and confined space entry, are embedded into the Hess Operational Management System (HOMS). We consider and incorporate relevant third party standards and guidance – American Petroleum Institute Recommended Practice 2D is used for the Hess Lifting and Hoisting Standard, for example – when developing and updating our internal environment, health and safety standards and procedures. HOMS serves as a framework for managing and measuring our safety performance, and we review conformance with the external and internal requirements (e.g., regulations, policies, standards and procedures) related to HOMS through our HOMS Audit Element and associated Assurance Procedure.

GRI Indicator

403-2

Disclosure Title

Hazard identification, risk assessment, and incident investigation

Reference

SR pages 27-30

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

403-3

Disclosure Title

Occupational health services

Reference

SR pages 27-33

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

403-4

Disclosure Title

Worker participation, consultation, and communication on occupational health and safety

Reference

SR pages 27-33

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SHS-1: C1

SASB Indicator(s) :

Comments

GRI Indicator

403-5

Disclosure Title

Worker training on occupational health and safety

Reference

SR pages 28

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

403-6

Disclosure Title

Promotion of worker health

Reference

SR pages 33

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SHS-2: C1, C2, C3, A5

SASB Indicator(s) :

Comments

GRI Indicator

403-7

Disclosure Title

Prevention and mitigation of occupational health and safety impacts directly linked by business relationships

Reference

SR pages 27-33

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

Included in the review of potential risks in Hess’ nonoperated assets – as described on page 14 of the 2020 Sustainability Report – are safety and health considerations.

GRI Indicator

403-8

Disclosure Title

Workers covered by occupational health and safety management system

Reference

SR pages 27-33

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SHS-1: C3

SASB Indicator(s) :

Comments

GRI Indicator

403-9

Disclosure Title

Work-related injuries

Reference

SR pages 28-29, 62

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SHS-3: C1, C2, C4; SHS-4: C2, A1

SASB Indicator(s) :

EM-EP-320a.1

Comments

GRI Indicator

403-10

Disclosure Title

Work-related ill health

Reference

SR pages 33, 62

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SHS: 3: A1

SASB Indicator(s) :

Comments

Our industry operations span across various geographic locations. Hess takes steps to protect the health of our workers against exposures to common diseases. Employees are provided with education on disease activity impacting the regions where we operate. Expats and family members complete physical exams, including necessary vaccinations, to ensure their safety prior to relocation.

Hess also provides access to counseling focusing on a variety of topics, including mental health, family concerns, and working in remote locations to expatriates and their family members. Our relocations services provider also provides access to a cultural orientation and language training.

GRI 404: Training and Education 201620

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 16, 21-22, 36–37

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

See also description for 404-3 below.

A table mapping our top material issues to GRI Standards reporting criteria and identifying the reporting Boundaries for each is available at hess.com/sustainability/approach-to-reporting/boundaries-for-material-issues.

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR pages 8–11, 16, 21–22, 36-37

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SOC-7: C1, C2

SASB Indicator(s) :

Comments

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR pages 8–11, 16, 21–22, 36–37

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

404-2

Disclosure Title

Programs for upgrading employee skills and transition assistance programs

Reference

SR pages 36–37

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

404-3

Disclosure Title

Percentage of employees receiving regular performance and career development reviews

Reference

SR pages 36–37

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

All managers and professionals receive regular performance and development reviews.

GRI Indicator

IPIECA SOC-6

Disclosure Title

Worker engagement

Reference

SR pages 16, 36–37

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SOC-6: C1, C2, A1, A2, A4, A5

SASB Indicator(s) :

Comments

GRI 405: Diversity and Equal Opportunity 201621

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 13–14, 35–36

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR pages 8–11, 13–14, 22, 35–36

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SOC-5: C1, A1, A2

SASB Indicator(s) :

Comments

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR pages 13–15, 35–36

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

405-1

Disclosure Title

Diversity of governance bodies and employees

Reference

SR pages 35–36

Key Sustainability Metrics

2020 Proxy Statement – Form DEF 14A (page vii)

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

"SOC-5: C2, C3 "

SASB Indicator(s) :

Comments

"Minority (U.S.) and female representation in our workforce is provided by job category in our 2020 SR (page 36).

In 2020, our Board of Directors was 10% female and 10% diverse, and 100% of Board members were over age 50.

Additional detail on employees by age group is provided in our online key sustainability metrics table."

GRI 406: Nondiscrimination 201622

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 35–36

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

See also the description for 406-1 below.

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR pages 8–11, 22, 35–36

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

See also the description for 406-1 below.

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR pages 14–15, 35–36

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

See also the description for 406-1 below.

GRI Indicator

406-1

Disclosure Title

Incidents of discrimination and corrective actions taken

Reference

GRI Status

UNGC Principle(s) :

1, 2

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

Based on available records and information, there were no incidents of illegal discrimination in 2020. Hess defines incidents of illegal discrimination as substantiated findings of a violation of any applicable law and/or Hess internal policy.

GRI 407: Freedom of Association and Collective Bargaining 201623

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 35-36

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR page 22

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

The company has not identified significant risk in our workforce for child labor, forced or compulsory labor, or violations of the right to freely associate and bargain collectively. We prohibit the employment of underage children and the use of forced labor in our global workforce. This is also enforced in our contract language on labor practices and through our human rights, social responsibility and business integrity contract clauses. We recognize and respect our employees’ rights to join associations and engage in collective bargaining in a manner that is consistent with applicable laws, rules, regulations and local customs.

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR page 14-15

GRI Status

UNGC Principle(s) :

3, 5, 6

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

"See note just above. "

GRI Indicator

407-1

Disclosure Title

Operations and suppliers in which the right to freedom of association and collective bargaining may be at risk

Reference

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

See notes for 406-1 and Freedom of Association management approach (103-2) above.

GRI 408: Child Labor 201624

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

See note for Freedom of Association management approach (103-2) above.

A table mapping our top material issues to GRI Standards reporting criteria and identifying the reporting Boundaries for each is available at hess.com/sustainability/approach-to-reporting/boundaries-for-material-issues.

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR page 22

GRI Status

UNGC Principle(s) :

3, 5, 6

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

See note for Freedom of Association management approach (103-2) above.

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR page 14-15

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

See note for Freedom of Association management approach (103-2) above.

GRI Indicator

408-1

Disclosure Title

Operations and suppliers at significant risk for incidents of child labor

Reference

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

See note for 406-1 and Freedom of Association management approach (103-2) above.

GRI 409: Forced and Compulsory Labor 201625

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

See note for 406-1 and Freedom of Association management approach (103-2) above.

A table mapping our top material issues to GRI Standards reporting criteria and identifying the reporting Boundaries for each is available at hess.com/sustainability/approach-to-reporting/boundaries-for-material-issues.

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR page 22

GRI Status

UNGC Principle(s) :

3, 5, 6

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

See note for Freedom of Association management approach (103-2) above.

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR page 14-15

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

See note for Freedom of Association management approach (103-2) above.

GRI Indicator

409-1

Disclosure Title

Operations and suppliers at significant risk for incidents of forced or compulsory labor

Reference

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

See note for 406-1 and Freedom of Association management approach (103-2) above.

GRI 410: Security Practices 201626

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 18–19

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

See also our expanded Supply Chain section online at hess.com/sustainability/how-we-operate/supply-chain.

A table mapping our top material issues to GRI Standards reporting criteria and identifying the reporting Boundaries for each is available at hess.com/sustainability/approach-to-reporting/boundaries-for-material-issues.

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR pages 8–11, 18–19, 22

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SHS-7: C1, C2, C3; SOC-3: C1, C2, A3

SASB Indicator(s) :

Comments

See also our expanded Supply Chain section online at hess.com/sustainability/how-we-operate/supply-chain.

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR pages 14–15, 18–19

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

See also our expanded Supply Chain section online at hess.com/sustainability/how-we-operate/supply-chain.

GRI Indicator

410-1

Disclosure Title

Security personnel trained in human rights policies or procedures

Reference

SR pages 18–19

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SOC-3: C3, A2

SASB Indicator(s) :

Comments

See also our expanded Supply Chain section online at hess.com/sustainability/how-we-operate/supply-chain.

GRI 411: Rights of Indigenous Peoples 201627

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 21-24

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR pages 21–24

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SOC-10: C1

SASB Indicator(s) :

EM-EP-210a.3

Comments

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR pages 14–15, 21–24

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

411-1

Disclosure Title

Incidents of violations involving rights of indigenous peoples

Reference

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

We are not aware of any human rights violations in 2020.

GRI Indicator

OG9

Disclosure Title

Operations where indigenous people are present or affected by activities and where specific engagement strategies are in place

Reference

SR pages 21–24

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

EM-EP-210a.3

Comments

GRI 412: Human Rights Assessment 201628

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 6, 22–24

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

See description for 412-1 below.

A table mapping our top material issues to GRI Standards reporting criteria and identifying the reporting Boundaries for each is available at hess.com/sustainability/approach-to-reporting/boundaries-for-material-issues.

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR pages 8–11, 22, 22–24

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SOC-1:C1, C2, C3, C4, C5, A1

SASB Indicator(s) :

EM-EP-210a.3

Comments

See description for 412-1 below.

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR pages 14–15, 22–24

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

See description for 412-1 below.

GRI Indicator

412-1

Disclosure Title

Operations that have been subject to human rights reviews or impact assessments

Reference

SR pages 8–11, 22–24

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SOC-1: A3

SASB Indicator(s) :

EM-EP-210a.3

Comments

In potential high risk areas, Hess conducts human rights assessments to evaluate the overall risk management of those assets. These assessments identify risks to Hess projects and staff, as well as to the surrounding communities.

GRI Indicator

412-2

Disclosure Title

Employee training on human rights policies or procedures

Reference

SR pages 16

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

Human rights content is included in our mandatory Code of Conduct training, which was completed by 99% of active employees at year end 2020.

GRI Indicator

412-3

Disclosure Title

Significant investment agreements and contracts that include human rights clauses or that underwent human rights screening

Reference

SR pages 18-19, 22-24

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SOC-2: A2

SASB Indicator(s) :

Comments

Hess introduced new security and human rights-related contract clauses in 2011, and new contracts include these clauses.

GRI 413: Local Communities 201629

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 21–25

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

EM-EP-540a.1

Comments

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR pages 8–11, 21–25

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SOC-9: C1, C2, A2; SOC-13: C1, C2, A2, A5

SASB Indicator(s) :

EM-EP-210b.1

Comments

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR pages 14–15, 21–25

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

413-1

Disclosure Title

Operations with local community engagement, impact assessments and development programs

Reference

SR pages 21–25

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

EM-EP-210b.1

Comments

GRI Indicator

413-2

Disclosure Title

Operations with significant actual and potential negative impacts on local communities

Reference

SR pages 21–25

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

OG10

Disclosure Title

Number and description of significant disputes with local communities and indigenous people

Reference

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

We did not have any significant disputes with local communities or indigenous peoples at our operated assets during 2020.

GRI Indicator

OG11

Disclosure Title

Number of sites that have been decommissioned and sites that are in the process of being decommissioned

Reference

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

ENV-8: A1

SASB Indicator(s) :

Comments

In 2020, we completed decommissioning for four wells located in our prior offshore U.K. asset. We developed decommissioning plans following U.K. regulatory requirements and plans were approved by the Department for Business, Energy & Industrial Strategy and Health and Safety Executive. Following this approved plan, the wells were flushed and filled with permanent cement plugs, which were pressure tested for integrity. Well heads were cut and removed 10 feet below the mudline. We used a dive-support vessel campaign to remove overtrawlable structures and prepare wellheads for plug and abandonment. After plugging the wells, environmental site surveys and an over-trawl survey were conducted to confirm the state of the seabed and that no structures remain that could interfere with fishing or other vessels operating in the area. We also used multi-beam bathymetric surveys before beginning decommissioning work to identify any potential hazards in the work area and after work was completed to confirm structures were removed according to the approved decommissioning plan. We will continue to follow U.K. requirements for ongoing monitoring of these decommissioned wells as relevant and will otherwise continue to fulfilling our decommissioning obligations.

GRI Indicator

OG12

Disclosure Title

Operations where involuntary resettlement took place, the number of households in each and how their livelihoods were affected in the process

Reference

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SE3

SASB Indicator(s) :

Comments

We are not aware of any instances of involuntary resettlement during 2020.

GRI Indicator

OG13

Disclosure Title

Number of process safety events, by business activity

Reference

SR page 31

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

EM-EP-540a.1

GRI Indicator

SASB EM-EP-540a.2

Disclosure Title

Description of management systems used to identify and mitigate catastrophic and tail-end risks

Reference

SR pages 30–32

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

EM-EP-540a.2

Comments

GRI Indicator

IPIECA SOC-12

Disclosure Title

Community grievance mechanisms

Reference

SR pages 22–23

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SOC-12: C1, C2, A1, A3

SASB Indicator(s) :

Comments

GRI 414: Supplier Social Assessment 201630

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 8–11, 18–19, 23–24, 32–33

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

See description for 414-1 below and our expanded Supply Chain section online at hess.com/sustainability/how-we-operate/supply-chain.

A table mapping our top material issues to GRI Standards reporting criteria and identifying the reporting Boundaries for each is available at hess.com/sustainability/approach-to-reporting/boundaries-for-material-issues.

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR pages 8–11, 18–19, 22, 23–24, 32–33

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

GOV-1: A2; SOC-2: C1, C2, A1, A3

SASB Indicator(s) :

Comments

See description for 414-1 below and our expanded Supply Chain section online at hess.com/sustainability/how-we-operate/supply-chain.

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR pages 8–11, 14, 18–19, 23–24, 32–33

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

See description for 414-1 below and our expanded Supply Chain section online at hess.com/sustainability/how-we-operate/supply-chain.

GRI Indicator

414-1

Disclosure Title

New suppliers that were screened using social criteria

Reference

SR pages 18–19,23–24, 32–33

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SOC-1: A3

SASB Indicator(s) :

Comments

Our standard contract clauses include requirements with respect to ethical business practices, human rights, social responsibility, business integrity, search and seizure, quality and environment, health and safety. See also description for 308-2 above for our approach to ongoing monitoring of suppliers.

Hess introduced new security and human rights-related contract clauses in 2011, and new contracts include these clauses.

Hess has analyzed all business units, including its core exploration and production business, for risks related to corruption. Hess’ Global Compliance team proactively assesses country-level risks related to corruption based on internal risk criteria. Our Corporate Audit Department systematically conducts anti‐corruption audits to determine potential exposure to corruption risk. Annual audits are conducted in certain countries where Hess operates, and every two to three years in other countries as determined by internal risk criteria and external benchmarks (e.g., Transparency International’s Corruption Perceptions Index).

See also our expanded Supply Chain section online at hess.com/sustainability/how-we-operate/supply-chain.

GRI Indicator

414-2

Disclosure Title

Negative social impacts in the supply chain and actions taken

Reference

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SOC-3: A1

SASB Indicator(s) :

Comments

We are not aware of any human rights or social impacts violations in 2020.

GRI 415: Public Policy 201631

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 16-18

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR pages 16-18

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

GOV-5: C1

SASB Indicator(s) :

EM-EP-530a.1

Comments

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR pages 14-15, 16-18

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

415-1

Disclosure Title

Political contributions

Reference

SR pages 16-18

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

GOV-5: C2

SASB Indicator(s) :

EM-EP-530a.1

Comments

We did not make direct or indirect political contributions outside of the U.S. in 2020.

GRI Indicator

SASB EM-EP-530a.1

Disclosure Title

Discussion of corporate positions related to government regulations and/or policy proposals that address environmental and social factors affecting the industry

Reference

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

GOV-5: A1

SASB Indicator(s) :

EMP-EP-530a.1

Comments

GRI 416: Customer Health and Safety 201631

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR page 22

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

See comments for 416-1, 417-1 and 418-1.

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR page 14-15

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

See comments for 416-1, 417-1 and 418-1.

GRI Indicator

416-1

Disclosure Title

Assessment of the health and safety impacts of product and service categories

Reference

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SHS-5: C1

SASB Indicator(s) :

Comments

Hess’ principal products are crude oil, natural gas, condensate and natural gas liquids. The lifecycle impacts of petroleum products are well documented by industry, government agencies and the scientific community. Through our membership in industry trade associations such as the American Petroleum Institute and our involvement with IPIECA, we stay informed of lifecycle assessment results.

GRI 417: Marketing and Labeling 201632

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR page 22

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

See comments for 416-1, 417-1 and 418-1.

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR page 14-15

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

See comments for 416-1, 417-1 and 418-1.

GRI Indicator

417-1

Disclosure Title

Requirements for product and service information and labeling

Reference

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SHS-5: C2

SASB Indicator(s) :

Comments

We comply with applicable product and service labeling requirements. Our products have globally harmonized Safety Data Sheets (SDSs) that provide information on chemical, physical and toxicological characteristics, safe handling, and spill and emergency response measures. These are available at hess.com/sustainability.

The Globally Harmonized System of Classification and Labeling of Chemicals (GHS) is an internationally accepted, universal system that all countries should follow. Hess employees have received training on the GHS label elements and SDS format, and Hess SDSs reflect this format.

GRI 418: Customer Privacy 201633

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

See comments for 416-1, 417-1 and 418-1.

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

See comments for 416-1, 417-1 and 418-1.

GRI Indicator

418-1

Disclosure Title

Substantiated complaints concerning breaches of customer privacy and losses of customer data

Reference

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

With our recent transformation to a company focused on exploration and production activities, we no longer consider this to be a material indicator for our company. Our privacy policy is available at hess.com/company/PrivacyPolicy.aspx.

GRI 419: Socioeconomic Compliance 201634

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR page 22

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR page 14-15

Code of Business Conduct and Ethics

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

GRI Indicator

419-1

Disclosure Title

Noncompliance with laws and regulations in the social and economic area

Reference

2020 Annual Report and SEC Form 10-K (pages85–86)

GRI Status

UNGC Principle(s) :

IPIECA Indicator(s) :

SASB Indicator(s) :

Comments

The monetary value of significant fines and/or total number of nonmonetary sanctions for any alleged noncompliance with environmental laws and regulations is disclosed under 307-1. Other material pending legal proceedings and material proceedings known to be contemplated by governmental authorities are disclosed in the appropriate SEC public filings.

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Sustainability Report Archive

2020 GRI Content Index

To download the 2020 GRI Content Index as a PDF file, click on the link below.
Download and Print the 2020 GRI Content Index

2020 Sustainability Report

Transparency and high standards of business ethics have long been key elements of our business philosophy. Click on the links below to read the report or download a PDF file.
Download the 2020 Sustainability Report

2020 Annual Report

The Hess Annual Report to Shareholders details the company’s performance during 2020. To download a PDF file of the report, click below.

Download the 2020 Annual Report