Hess Recognized as Top Quartile in Societal Investment
Hess Corporation Logo header
SEARCH

Hess Recognized as Top Quartile in Societal Investment

  • CECP | The CEO Force for Good
10.13.2016

Hess is among the top 25 percent for total giving among 272 companies that participated in the 2016 Giving in Numbers survey, which is considered the leading benchmark on corporate societal investment and employee engagement.

The annual survey, conducted by CECP in association with The Conference Board, gathered data from 272 of the world’s largest companies, in aggregate representing $7.5 trillion in revenue and 17 million employees. It found that among corporate peers, Hess was top quartile when measuring total giving. To be in the top quartile of total giving, companies gave at least $47.9 million in 2015. Median total giving in 2015 among all 272 respondents was $21.1 million.

“The top companies in today’s global economy have infused societal needs with business strategy, binding the well-being of their communities to the health of their bottom line,” said Daryl Brewster, CEO, CECP.

For more than 10 years, Giving in Numbers has been the leading study on the funds, resources and skills that companies invest in globally to solve pressing societal challenges.

Learn more

Related News
  • In the Media: Evolution of Designs Hastens U.S. Shale Boom

    Hess’ financial and production metrics have experienced a marked increase following its move to plug-and-perf (PNP) completion designs and improved well spacing after the price collapse of 2014. The company reported in its December 2018 investor presentation that its adoption of PNP completions is forecast to result in increases in production to about 200,000 boe/d and net present value by about $1 billion.
    Full story
  • Hess Announces Regular Quarterly Dividend On Common Stock - June 2019

    The Board of Directors of Hess Corporation (NYSE: HES) today declared a regular quarterly dividend of 25 cents per share payable on the Common Stock of the Corporation on June 28, 2019 to holders of record at the close of business on June 17, 2019.
    Full story
  • Bigger, Better, Bakken: Petroleum Industry Optimism In North Dakota

    With exports from the Bakken formation centered on western North Dakota already heading to Asian and European markets, the future for North American shale and onshore production, for at least the next two decades, appears promising, according to Barry Biggs, Vice President of Onshore for Hess.
    Full story