2017 Global Reporting Initiative (GRI) Content Index

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

102-20

Disclosure Title

Executive-level responsibility for economic, environmental and social topics

Reference

2018 Proxy Statement – Form DEF 14A (page 9)

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

102-21

Disclosure Title

Consulting stakeholders on economic, environmental and social topics

Reference

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

See our 2018 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

2018 Proxy Statement – Form DEF 14A (pages viii, 2–11, 14)

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

102-23

Disclosure Title

Chair of the highest governance body

Reference

2018 Proxy Statement – Form DEF 14A (page 8)

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

The Chairman of the Board, Mr. James H. Quigley, is an independent, nonexecutive director. Refer to page 8 of the 2018 Proxy Statement – Form DEF 14A.

GRI Indicator

102-24

Disclosure Title

Nominating and selecting the highest governance body

Reference

2018 Proxy Statement – Form DEF 14A (page 6)

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

102-25

Disclosure Title

Conflicts of interest

Reference

2018 Proxy Statement – Form DEF 14A (page 9)

Code of Business Conduct and Ethics

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

Hess’ Global Compliance team oversees a worldwide compliance program for the company. The centerpiece of this program is the expectation set forth in the Hess Code of Business Conduct and Ethics, which applies to every company director, officer and employee. The purpose of the Code is to advise individuals of their obligations to comply with applicable law, as well as the fundamental principles of business ethics to which they must adhere, such as avoidance of conflicts of interests or misuse of corporate opportunities and confidential information.

A discussion of processes in place for the highest governance body to ensure conflicts of interest are avoided is included in the Related Party Transactions section of the 2018 Proxy Statement – Form DEF 14A, page 9.

GRI Indicator

102-26

Disclosure Title

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

Reference

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

The Audit Committee of the Board of Directors has oversight responsibility for the integrity of the company’s financial statements, financial reporting practices, systems of internal accounting, financial and disclosure controls, internal audit function, retention and oversight of independent auditors and compliance with legal and regulatory requirements. The Audit Committee also provides oversight and makes recommendations to the full Board with respect to Hess Corporation’s policies, positions and systems for environment, health, safety and social responsibility (EHS & SR), compliance and risk management. Under the Audit Committee is the EHS Subcommittee, which focuses on these areas.

The company has developed an enterprise risk program, which includes consideration of EHS & SR risks, to strengthen the consistency of risk consideration in making business decisions. The full Board has oversight of Hess’ risk management policies with an emphasis on understanding the key enterprise risks affecting the company’s business and the ways in which the company attempts to prudently mitigate such risks. The Chief Risk Officer reviews the enterprise risk program with the Board annually.

See page p. 11 of our 2017 SR for a general description of our governance related to EHS & SR issues and page 12 for our approach to enterprise risk management.

GRI Indicator

102-27

Disclosure Title

Collective knowledge of highest governance body

Reference

Compensation and Management Development Committee Charter

2018 Proxy Statement – Form DEF 14A (page 7)

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

See also the description in 102-26 above.

GRI Indicator

102-28

Disclosure Title

Evaluating the highest governance body’s performance

Reference

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

102-29

Disclosure Title

Identifying and managing economic, environmental and social impacts

Reference

SR pages 11-13

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

See also the description in 102-26 above.

GRI Indicator

102-30

Disclosure Title

Effectiveness of risk management processes

Reference

SR pages 11-13

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

See also the description in 102-26 above.

GRI Indicator

102-31

Disclosure Title

Review of economic, environmental and social topics

Reference

SR page 11

2018 Proxy Statement – Form DEF 14A (pages 8, 11)

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

The EHS Subcommittee of the Board of Directors’ Audit Committee met four times in 2017. The full Board of Directors met nine times in 2017.

GRI Indicator

102-32

Disclosure Title

Highest governance body’s role in sustainability reporting

Reference

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

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

GRI Indicator

102-33

Disclosure Title

Communicating critical concerns

Reference

2018 Proxy Statement – Form DEF 14A (page 9)

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

See our 2018 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

2018 Proxy Statement – Form DEF 14A (pages 23-36)

GRI Status

UNGC Principle(s)

IPIECA 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 (NEO) compensation process and results: pages 21–47
• Changes in payout philosophy and actions taken in response to stockholder outreach: page 25
• Compensation principles (including “Safety and Sustainability”): pages 26–30
• Cash bonus plan for EHS metrics: pages 27-29
• EHS metrics components and percent of 2017 bonus for each NEO: page 27-29.

GRI Indicator

102-36

Disclosure Title

Process for determining remuneration

Reference

2018 Proxy Statement – Form DEF 14A (pages 10, 20–36)

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

The roles and responsibilities of the Board of Directors’ Compensation and Management Development Committee are described on page 10 of our 2018 Proxy Statement – Form DEF 14A. Our key compensation practices, including the use of compensation consultants, are listed on pages 20–36. See page 33 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

2018 Proxy Statement – Form DEF 14A (pages 9, 25)

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

See our 2018 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 5, 18-20

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

102-41

Disclosure Title

Collective bargaining agreements

Reference

SR page 52

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

At year-end 2017 less than 3 percent of employees were represented by collective bargaining agreements.

GRI Indicator

102-42

Disclosure Title

Identifying and selecting stakeholders

Reference

SR pages 18–20

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

We identify stakeholders in a number of ways, including through our enterprise risk management process and associated risk heat map. Additionally, we review business plans function-by-function to identify material issues for our industry and determine how they relate to our stakeholders’ (e.g., land owners, nongovernmental agencies, industry peers, contractors etc.) potential concerns. These exercises result in expanded stakeholder plans and targeted stakeholder groups for Hess representatives to engage.

GRI Indicator

102-43

Disclosure Title

Approach to stakeholder engagement

Reference

SR pages 18–20

GRI Status

UNGC Principle(s)

IPIECA 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. 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 5, 18–20

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

See SR page 5 for materiality determination, including how we incorporate stakeholder feedback into our reporting process and the resulting material issues. See pages 18–20 for information about our stakeholder engagement process, including two case studies of our engagement efforts. See page 19 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

2017 Annual Report and SEC Form 10-K (pages 4–8)

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

102-46

Disclosure Title

Defining report content and topic Boundaries

Reference

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

See also our expanded version of Approach to Reporting at hess.com/sustainability/approach-to-reporting.

GRI Indicator

102-47

Disclosure Title

List of material topics

Reference

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

See also our expanded version of Approach to Reporting at hess.com/sustainability/approach-to-reporting.

GRI Indicator

102-48

Disclosure Title

Restatements of information

Reference

GRI Status

UNGC Principle(s)

IPIECA 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

102-49

Disclosure Title

Changes in reporting

Reference

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

See also our expanded version of Approach to Reporting at hess.com/sustainability/approach-to-reporting.

GRI Indicator

102-50

Disclosure Title

Reporting period

Reference

SR pages 2–3
2017 Annual Report and SEC Form 10-K (pages 21–91)
Code of Business Conduct and Ethics

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

102-51

Disclosure Title

Date of most recent report

Reference

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

Hess’ most recent previous report was the 2016 SR, released in 2017.

GRI Indicator

102-52

Disclosure Title

Reporting cycle

Reference

GRI Status

UNGC Principle(s)

IPIECA 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 page 55

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

102-55

Disclosure Title

GRI content index

Reference

GRI Content Index

GRI Status

UNGC Principle(s)

IPIECA 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)

Comments

GRI Indicator

102-56

Disclosure Title

External assurance

Reference

SR page 54

GRI Status

UNGC Principle(s)

IPIECA 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 2016, GRI 103: Management Approach 20161

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 2–5

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR pages 37–40

2017 Annual Report and SEC Form 10-K (pages 15–16)

CDP Disclosure

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

201-1

Disclosure Title

Direct economic value generated and distributed

Reference

SR pages 4,52

2017 Annual Report and SEC Form 10-K (pages 21)

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

SE4, SE13

Comments

Hess supports revenue transparency through participation in the Extractive Industries Transparency Initiative (EITI), a voluntary, multi-stakeholder 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. We have also supported implementation of the EITI in Equatorial Guinea (EG) and have participated in meetings with the World Bank and International Monetary Fund to discuss their work with EG on transparency initiatives.

GRI Indicator

201-2

Disclosure Title

Financial implications and other risks and opportunities due to climate change

Reference

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

201-3

Disclosure Title

Defined benefit plan obligations and other retirement plans

Reference

2017 Annual Report and SEC Form 10-K (pages 65–68)

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

OG1

Disclosure Title

Volume and type of estimated proved reserves and production

Reference

SR pages 4, 40,52

2017 Annual Report (page 3) and SEC Form 10-K (pages 4–8)

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI 202: Market Presence 2016, GRI 103: Management Approach 20162

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR pages 6–9, 21–23, 33–35

Code of Business Conduct and Ethics

GRI Status

UNGC Principle(s)

IPIECA 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)

SE15

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

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 21–23, 33–35

Code of Business Conduct and Ethics

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR pages 12, 21–23, 33–35

Code of Business Conduct and Ethics

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

202-2

Disclosure Title

Proportion of senior management hired from the local community

Reference

SR pages 33-34

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

SE6

Comments

We define “significant” as an international asset that has 100 or more employees. In 2017 this included Denmark and Malaysia.

GRI 203: Indirect Economic Impacts 2016, GRI 103: Management Approach 20163

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 20-23

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

103-26

Disclosure Title

The management approach and its components

Reference

SR pages 6–9, 18, 20–23

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR pages 12, 20–23

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

203-1

Disclosure Title

Infrastructure investments and services supported

Reference

SR pages 20–23

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

SE4

Comments

GRI 204: Procurement Practices 2016, GRI 103: Management Approach 20164

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR pages 14–15,18

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 6–9, 14–15

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR pages 12, 14–15

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

204-1

Disclosure Title

Proportion of spending on local suppliers

Reference

SR pages 14-15, 17

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

SE5, SE7

Comments

In 2017 we spent approximately $4 billion on local suppliers, which represents 85 percent 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 2017 SR online at hess.com/sustainability/how-we-operate/supply-chain.

GRI 205: Anti-Corruption 2016, GRI 103: Management Approach 20165

GRI Indicator

205-2

Disclosure Title

Communication and training about anti-corruption policies and procedures

Reference

SR pages 13–14

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

Hess’ anti-corruption policies and procedures are communicated and available to all employees globally. In addition, all employees who are active at the time training is launched as well as all new employees and certain contracted staff are required to take online training on and certify compliance with the Code of Conduct and the Anti-Bribery and Anti-Corruption (ABAC) Policy and Procedure. At year-end 2017, 94 percent of active employees had completed Code of Conduct training, and 96 percent of active employees had completed ABAC training.

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 6–9, 13–14

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR pages 13–14,18

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

SE11, SE12

Comments

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR pages 12–14

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

205-1

Disclosure Title

Operations assessed for risks related to corruption

Reference

SR pages 13–14

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

SE11, SE12

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. The Corporate Audit function 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

205-3

Disclosure Title

Confirmed incidents of corruption and actions taken

Reference

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

SE11, SE12

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 more than 10 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 206: Anti-Competitive Behavior 2016, GRI 103: Management Approach 20166

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 6–9

Code of Business Conduct and Ethics

GRI Status

UNGC Principle(s)

IPIECA 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)

Comments

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR page 12

Code of Business Conduct and Ethics

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

206-1

Disclosure Title

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

Reference

2017 Annual Report and SEC Form 10-K

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

In 2017 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 301: Materials 2016, GRI 103: Management Approach 20167

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

301-2

Disclosure Title

Recycled input materials used

Reference

GRI Status

UNGC Principle(s)

IPIECA 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)

Comments

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

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

301-1

Disclosure Title

Materials used by weight or volume

Reference

GRI Status

UNGC Principle(s)

7, 8

IPIECA Indicator(s)

E10

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 302: Energy 2016, GRI 103: Management Approach 20168

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 44-45

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR pages 6-9,18, 44-45

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

We are subject to energy-related policies or regulations at various assets within our organization. For example, Hess’s Denmark operations are subject to the European Union Emissions Trading Scheme (EUETS). Under Phase lll of this program, Hess makes annual purchases of emissions allowances to account for our verified greenhouse gas (GHG) emissions. Another example is in North Dakota, where the North Dakota Industrial Commission (NDIC) has worked closely with the North Dakota Petroleum Council’s Flaring Task Force to develop policies that will increase wellhead gas capture to reduce flaring of associated gas from oil and gas development in the Bakken. As part of this approach, NDIC Order #24665 mandates that operators capture 91 percent of produced gas by November 2020, with interim flaring targets in advance of this date.

GRI Indicator

302-1

Disclosure Title

Energy consumption within the organization

Reference

SR pages 44-45

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

A total of 25 vehicles in our North Dakota fleet have been converted to lower-emission fuels (compressed natural gas [CNG]), representing approximately 4 percent of our companywide vehicle fleet.

GRI Indicator

302-3

Disclosure Title

Energy intensity

Reference

SR pages 44-45, 53

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR pages 12, 44-45

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

302-2

Disclosure Title

Energy consumption outside of the organization

Reference

SR pages 44-45, 53

GRI Status

UNGC Principle(s)

IPIECA 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)

Comments

With the completion of our multi-year 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 44

GRI Status

UNGC Principle(s)

8, 9

IPIECA Indicator(s)

Comments

We annually purchase Renewable Energy Certificates (RECs) equivalent to at least 10 percent of net electricity used in our operations. In 2017 we purchased 90,000 Green-e Energy-certified RECs for wind power.

GRI Indicator

OG3

Disclosure Title

Renewable energy generated by source

Reference

GRI Status

UNGC Principle(s)

8, 9

IPIECA Indicator(s)

Comments

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

GRI 303: Water 2016, GRI 103: Management Approach 20169

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 47, 49

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR pages 6-9, 18, 47, 49

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR pages 12, 47, 49

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

303-1

Disclosure Title

Water withdrawal by source

Reference

SR pages 47, 49, 53

Key Sustainability Metrics

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

See our online key sustainability metrics table for additional details.

GRI Indicator

303-2

Disclosure Title

Water sources significantly affected by withdrawal of water

Reference

SR pages 47, 49

GRI Status

UNGC Principle(s)

8, 9

IPIECA Indicator(s)

Comments

No water sources were significantly affected by our water withdrawals, where GRI defines “significant” as average withdrawals of 5 percent or more of the annual average volume of a given water body.

GRI Indicator

303-3

Disclosure Title

Water recycled and reused

Reference

SR pages 47, 49, 53

GRI Status

UNGC Principle(s)

8, 9

IPIECA Indicator(s)

Comments

GRI 304: Biodiversity 2016, GRI 103: Management Approach 201610

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR page 49

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR pages 18, 49

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR pages 12, 49

GRI Status

UNGC Principle(s)

IPIECA 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 pages 49

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

UNGC Principle(s)
8

IPIECA Indicator(s)
E5

GRI Indicator

304-2

Disclosure Title

Significant impacts of activities, products and services on biodiversity

Reference

SR pages 49

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

304-3

Disclosure Title

Habitats protected or restored

Reference

SR pages 49

GRI Status

UNGC Principle(s)

IPIECA 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 pages 49

GRI Status

UNGC Principle(s)

IPIECA 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 pages 49

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI 306: Effluents and Waste 2016, GRI 103: Management Approach 201612

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 49–51

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR pages 6–9, 18, 49–51

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR pages 12, 49–51

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

306-1

Disclosure Title

Water discharge by quality and destination

Reference

SR pages 50, 53

Key Sustainability Metrics

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

E7, E9, E10

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 49-50, 53

Key Sustainability Metrics

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

E7, E9, E10

Comments

See our online key sustainability metrics table for additional details.

GRI Indicator

306-3

Disclosure Title

Significant spills

Reference

SR pages 50-51, 53

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

E7, E9, E10

Comments

Our spill reporting includes any losses of primary containment that are greater than one barrel.

GRI Indicator

306-4

Disclosure Title

Transport of hazardous waste

Reference

SR page 53

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

E7, E9, E10

Comments

No waste considered hazardous under the terms of the Basel Convention was exported from our operations in 2017.

GRI Indicator

OG5

Disclosure Title

Volume and disposal of formation or produced water

Reference

SR page 50, 53

Key Sustainability Metrics

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

E7, E9, E10

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 43, 53

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

OG7

Disclosure Title

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

Reference

SR page 49-50, 53

Key Sustainability Metrics

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

E10

Comments

See our online key sustainability metrics table for additional details.

GRI 305: Emissions 2016, GRI 103: Management Approach 201611

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR pages 12, 37–45, 51

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

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

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 37–45, 51

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR pages 6–9, 18, 37–45, 51

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

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 37–45 of the 2017 SR, and those focused on other air emissions can be found on page 51 of the 2017 SR and at hess.com/sustainability/environment. Details of our leak detection and repair programs can be found on pages 45 and 51 of the 2017 SR and at hess.com/sustainability/environment.

GRI Indicator

305-1

Disclosure Title

Direct (Scope 1) GHG emissions

Reference

SR pages 37–45, 53

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

305-3

Disclosure Title

Other indirect (Scope 3) GHG emissions

Reference

SR pages 37–45, 53

CDP Disclosure

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

305-2

Disclosure Title

Energy indirect (Scope 2) GHG emissions

Reference

SR pages 37–45, 53

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

305-4

Disclosure Title

GHG emissions intensity

Reference

SR pages 37–45, 53

CDP Disclosure

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

305-5

Disclosure Title

Reduction of GHG emissions

Reference

SR pages 37–45, 53

CDP Disclosure

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

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

GRI Indicator

305-7

Disclosure Title

Nitrogen oxides (NOX), sulfur oxides (SOX) and other significant air emissions

Reference

SR pages 51, 53

GRI Status

UNGC Principle(s)

8, 9

IPIECA Indicator(s)

Comments

Our particulate matter emission totals are insignificant in comparison to our overall emissions and have been deemed not material for reporting.

GRI 307: Environmental Compliance 2016, GRI 103: Management Approach 201613

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR pages 6-9, 18, 51

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR pages 12, 51

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

307-1

Disclosure Title

Noncompliance with environmental laws and regulations

Reference

SR pages 51, 53

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

In 2017 we paid $841,600 in environmental-related fines. Of that amount, $798,850 was paid for our shale operations in North Dakota, and $0 was paid for shale operations in Ohio. We received 30 environmental-related violations in North Dakota, three for our offshore operations in the Gulf of Mexico, one for the (now sold) Permian Basin operations, two in Denmark and zero in Ohio in 2017.

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR page 51

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI 308: Supplier Environmental Assessment 2016, GRI 103: Management Approach 201615

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 14-15

GRI Status

UNGC Principle(s)

IPIECA 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 6-9, 14-15,18

GRI Status

UNGC Principle(s)

IPIECA 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 12, 14-15

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

308-1

Disclosure Title

New suppliers that were screened using environmental criteria

Reference

SR pages 14-15

GRI Status

UNGC Principle(s)

8, 9

IPIECA 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 14-15

GRI Status

UNGC Principle(s)

8, 9

IPIECA Indicator(s)

Comments

Our approach for screening new suppliers, which includes risk reviews for EHS performance and programs where appropriate, is described on page 15 the 2017 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 life cycle. 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 2016, GRI 103: Management Approach 201616

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 33-35

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR pages 6-9, 18, 33-35

GRI Status

UNGC Principle(s)

IPIECA 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 12, 33-35

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

401-1

Disclosure Title

New employee hires and employee turnover

Reference

SR pages 33, 52

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

SE15

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)

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 insurance and bonus 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)

Comments

There were a total of 19 claims for parental leave in 2017. Of the 19 claims (all from female employees), 18 returned to work.

GRI 402: Labor/Management Relations 2016, GRI 103: Management Approach 201617

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR pages 12, SR pages 33-35

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 33-35

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR pages 33-35

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

402-1

Disclosure Title

Minimum notice periods regarding operational changes

Reference

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

SE16

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 2016, GRI 103: Management Approach 201618

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 25-31

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR pages 6-9, 18, 25-31

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR pages 12, 25-31

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

403-1

Disclosure Title

Workers representation in formal joint management–worker health and safety committees

Reference

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

HS1

Comments

We have extensive safety programs that involve both management and employees. These are not typically in the format of joint worker–management safety committees, with the exception of locations where applicable laws and regulations require this arrangement. At year-end 2017 less than 3 percent of employees were represented by collective bargaining agreements. As such, workforce participation in these committees is not a metric that we measure.

GRI Indicator

403-2

Disclosure Title

Types of injury and rates of injury, occupational diseases, lost days and absenteeism, and number of work-related fatalities

Reference

SR pages 25-31 , 52

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

HS3

Comments

Absenteeism and occupational disease rate are not primary metrics for Hess. We do not track absenteeism. Occupational illness/occupational disease cases are tracked as part of our companywide recordable case metric, as are lost days, rates of injury and fatalities.

GRI Indicator

403-3

Disclosure Title

Workers with high incidence or high risk of diseases related to their occupation

Reference

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

HS2

Comments

Our industry operations span various geographies, including developing countries. Hess takes steps to protect the health of our workers who may be exposed to diseases common in the developing world and to regionally prevalent illnesses. Employees and contractors are provided with education on health topics impacting the regions where we operate, including information about malaria, HIV, tuberculosis and blood-borne pathogens.

Expatriates and their family members at locations around the world have access to counseling focusing on a variety of topics, including health improvement, mental health, parenting and working in remote locations.

GRI Indicator

403-4

Disclosure Title

Health and safety topics covered in formal agreements with trade unions

Reference

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

HS1, SE16

Comments

At year-end 2017 less than 3 percent of employees were represented by collective bargaining agreements. As such, we do not consider this a material metric for our company.

GRI 404: Training and Education 2016, GRI 103: Management Approach 201619

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 6–9, 13–14, 17–18, 20, 31, 33–35

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

See also descriptions for 404-1 and 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 6–9, 13–14, 17–18, 20, 31, 33–35

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

SE17

Comments

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR pages 6–9, 12, 13–14, 17–18, 20, 31, 33–35

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

404-2

Disclosure Title

Programs for upgrading employee skills and transition assistance programs

Reference

SR pages 33–35

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

SE17

Comments

GRI Indicator

404-3

Disclosure Title

Percentage of employees receiving regular performance and career development reviews

Reference

SR pages 33–35

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

SE17

Comments

All managers and professionals receive regular performance and development reviews.

GRI 406: Nondiscrimination 2016, GRI 103: Management Approach 201621

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR pages 6–9, 33–35

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

See also the description for 406-1 below.

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 33–35

GRI Status

UNGC Principle(s)

IPIECA 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 12, 33–35

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

406-1

Disclosure Title

Incidents of discrimination and corrective actions taken

Reference

GRI Status

UNGC Principle(s)

1, 2

IPIECA Indicator(s)

SE8, SE18

Comments

Based on available records and information, there were no incidents of illegal discrimination in 2017. Hess defines incidents of illegal discrimination as substantiated findings of a violation of any applicable law and/or Hess internal policy.

GRI 405: Diversity and Equal Opportunity 2016, GRI 103: Management Approach 201620

GRI Indicator

405-1

Disclosure Title

Diversity of governance bodies and employees

Reference

SR pages 33–35

Key Sustainability Metrics

2018 Proxy Statement – Form DEF 14A (page v)

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

SE15

Comments

Minority (U.S.) and female representation in our workforce is provided by job category in our 2017 SR (page 33).

Our Board of Directors is 17 percent female and 8 percent minority. 92 percent of Board members are over age 50.

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

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 33–35

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR pages 6–9, 18, 33–35

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR pages 12, 33–35

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI 409: Forced and Compulsory Labor 2016, GRI 103: Management Approach 201624

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

GRI Status

UNGC Principle(s)

IPIECA 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 pages 6-9 , 18

GRI Status

UNGC Principle(s)

3, 5, 6

IPIECA Indicator(s)

SE8, SE9

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 pages 12

GRI Status

UNGC Principle(s)

IPIECA 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)

Comments

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

GRI 407: Freedom of Association and Collective Bargaining 2016, GRI 103: Management Approach 201622

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 33–35

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

GRI Status

UNGC Principle(s)

IPIECA 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

GRI Status

UNGC Principle(s)

3, 5, 6

IPIECA Indicator(s)

SE8, SE9

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)

Comments

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

GRI 408: Child Labor 2016, GRI 103: Management Approach 201623

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

GRI Status

UNGC Principle(s)

IPIECA 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 pages 6-9 , 18

GRI Status

UNGC Principle(s)

3, 5, 6

IPIECA Indicator(s)

SE8, SE9

Comments

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

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

GRI Status

UNGC Principle(s)

IPIECA 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)

Comments

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

GRI 410: Security Practices 2016, GRI 103: Management Approach 201625

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 14–15

GRI Status

UNGC Principle(s)

IPIECA 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 6–9, 14–15, 18

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

SE10

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 12, 14–15

GRI Status

UNGC Principle(s)

IPIECA 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 14–15

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

SE10

Comments

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

GRI 411: Rights of Indigenous Peoples 2016, GRI 103: Management Approach 201626

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 18-21

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR pages 6–9, 18-21

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

SE2, SE10

Comments

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR pages 12, 18–21

GRI Status

UNGC Principle(s)

IPIECA 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)

Comments

We are not aware of any human rights violations in 2017.

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 18–21

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

SE2, SE10

Comments

GRI 412: Human Rights Assessment 2016, GRI 103: Management Approach 201627

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 6–9, 20–21

GRI Status

UNGC Principle(s)

IPIECA 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 6–9, 18, 20–21

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

SE8

Comments

See description for 412-1 below.

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR pages 12, 20–21

GRI Status

UNGC Principle(s)

IPIECA 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 6–9, 20–21

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

SE8

Comments

In potential high-risk areas, Hess conducts human rights assessments to evaluate the overall risk management of those assets. Conducted on the ground, these assessments identify risks to Hess projects and staff, as well as to the surrounding communities. To date, human rights risk assessments have been completed in Equatorial Guinea and Malaysia.

GRI Indicator

412-2

Disclosure Title

Employee training on human rights policies or procedures

Reference

SR pages 13-14

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

SE8

Comments

Human rights content is included in our mandatory Code of Conduct training. In 2017, due to major changes in our asset base and head count, we did not do annual, all-employee training. We did new-hire training and focused training in some assets.

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 14-15, 20-21

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

SE8

Comments

Hess introduced new security and human rights-related contract clauses in 2011, and new contracts include these clauses. A review within the last three years of domestic and international contracts determined that, overall, approximately 95 percent of current supplier contracts include these human rights and social responsibility clauses.

GRI 413: Local Communities 2016, GRI 103: Management Approach 201628

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR pages 12, 17–23

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 17–23

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR pages 6–9, 17–23

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

SE1

Comments

GRI Indicator

413-1

Disclosure Title

Operations with local community engagement, impact assessments and development programs

Reference

SR pages 17–23

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

413-2

Disclosure Title

Operations with significant actual and potential negative impacts on local communities

Reference

SR pages 17–23

GRI Status

UNGC Principle(s)

IPIECA 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)

SE1, SE3

Comments

We did not have any significant disputes with local communities or indigenous peoples at our operated assets during 2017.

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)

SE11

Comments

No sites were decomissioned or in the process of decommissioning in 2017.

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

Comments

We are not aware of any instances of involuntary resettlement during 2017.

GRI Indicator

OG13

Disclosure Title

Number of process safety events, by business activity

Reference

SR page 29

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

HS5

Comments

GRI 414: Supplier Social Assessment 2016, GRI 103: Management Approach 201629

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR pages 6–9, 14–15, 20–21

GRI Status

UNGC Principle(s)

IPIECA 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 6–9, 14-15, 18, 20-21

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

SE12

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 6-9, 12, 14-15, 20-21

GRI Status

UNGC Principle(s)

IPIECA 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 14-15, 20-21

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

SE12

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. A review within the last three years of domestic and international contracts determined that overall, approximately 95 percent of current supplier contracts include these human rights and social responsibility 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. The corporate audit function systematically conducts anti-corruption audits to determinepotential 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)

SE12

Comments

We are not aware of any human rights or social impacts violations in 2017.

GRI 415: Public Policy 2016, GRI 103: Management Approach 201630

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

SR page 14

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

SR pages 6-9, 14

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

SE13, SE14

Comments

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

SR pages 12, 14

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

415-1

Disclosure Title

Political contributions

Reference

SR pages 14

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

SE13, SE14

Comments

We did not make political contributions outside of the U.S. in 2017.

GRI 416: Customer Health and Safety 2016, GRI 103: Management Approach 201630

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

See comments for 416-1, 416-2, 417-1, 418-1 and OG14.

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

See comments for 416-1, 416-2, 417-1, 418-1 and OG14.

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)

HS4

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 2016, GRI 103: Management Approach 201631

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

See comments for 416-1, 416-2, 417-1, 418-1 and OG14.

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

See comments for 416-1, 416-2, 417-1, 418-1 and OG14.

GRI Indicator

417-1

Disclosure Title

Requirements for product and service information and labeling

Reference

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

HS4

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 system. The GHS was designed to replace all the diverse classification systems and present one universal standard, which all countries should follow. We completed employee training on the new GHS label elements and SDS format, and have updated existing Hess SDSs to reflect the new format.

GRI 418: Customer Privacy 2016, GRI 103: Management Approach 201632

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

See comments for 416-1, 416-2, 417-1, 418-1 and OG14.

GRI Indicator

103-3

Disclosure Title

Evaluation of the management approach

Reference

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

See comments for 416-1, 416-2, 417-1, 418-1 and OG14.

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)

HS4

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/utility-pages/privacy-policy.

GRI 419: Socioeconomic Compliance 2016, GRI 103: Management Approach 201633

GRI Indicator

103-1

Disclosure Title

Explanation of the material topic and its Boundary

Reference

GRI Status

UNGC Principle(s)

IPIECA Indicator(s)

Comments

GRI Indicator

103-2

Disclosure Title

The management approach and its components

Reference