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: Building a Better Bakken

    Featured in Oil and Gas Investor's "Building a Better Bakken" article, Hess highlights improving cycle times and use of innovative technology to spend less and produce more.
    Full story
  • Hess reports estimated results for second quarter of 2019

    Hess today reported a net loss of $6 million, or $0.02 per common share, in the second quarter of 2019, compared with a net loss of $130 million, or $0.48 per common share, in the second quarter of 2018. On an adjusted basis, the Corporation reported a net loss of $28 million, or $0.09 per common share, in the second quarter of 2019, compared with an adjusted net loss of $56 million, or $0.23 per common share, in the prior-year quarter. The improved after-tax adjusted results reflect increased U.S. crude oil production and reduced exploration expenses, partially offset by the impact of lower realized selling prices and higher depreciation, depletion and amortization expenses.
    Full story
  • Hess  Shows Continued ESG Commitment and Progress in 2018 Sustainability Report

    Hess’ 2018 Sustainability Report provides a comprehensive review of the company’s strategy and performance on environmental, social and governance programs and initiatives.
    Full story