Hess Recognized for Strong Management and ESG Leadership
Hess Corporation Logo header
SEARCH

Hess Recognized for Strong Management and ESG Leadership

  • ESG_recogbanner
01.28.2020

Hess has been recognized for strong management and environmental, social and governance (ESG) leadership in recent months including:

  • Bloomberg Gender-Equality Index (GEI)
  • CDP’s Climate Change Report
  • Dow Jones Sustainability Index (DJSI) North America
  • Financial Times Stock Exchange (FTSE) Russell ESG Rating and FTSE4Good Index Series
  • Morgan Stanley Capital International’s (MSCI) USA ESG Leaders Index and ESG Ratings
  • Newsweek’s Most Responsible Companies
  • The Wall Street Journal (WSJ) 2019 Top 250 Best Managed Companies

 

As CEO John Hess said in our most recent Annual Report: “We see sustainability as fundamental to our long term strategy and performance, supporting our purpose to be the world’s most trusted energy partner. We are proud to have been recognized once again by a number of third-party organizations for the quality of our environmental, social and governance performance and disclosure.”

Bloomberg Gender-Equality Index (GEI): The Bloomberg GEI assesses a company’s commitment to supporting gender equality through policy development, representation and transparency. The 2020 GEI includes 325 companies headquartered in 42 countries and regions; Hess is the only U.S. oil and gas producer awarded “Leader” distinction for its high level of disclosure and performance.

CDP’s Climate Change Report: Hess has been recognized for climate change stewardship in CDP’s Climate Change Report 2019. This is the 11th consecutive year that the company has earned Leadership status from CDP, an international nonprofit seeking to drive sustainable economies. The report recognizes companies’ efforts to address climate risks, including environmental transparency and performance.

Dow Jones Sustainability Index (DJSI) North America:  The DJSI recognizes public companies for outstanding performance across economic, environmental and social factors using one of the world’s most comprehensive databases of financially material sustainability information.  Hess has earned a place on this prestigious list for the past 10 years. In 2019, Hess is one of only four U.S. oil and gas producers in the Energy industry group listed on the North America Index.

Financial Times Stock Exchange (FTSE) Russell ESG Rating and FTSE4Good Index Series: Hess was named a 2019 constituent of the FTSE4Good Index.  The index is designed to measure the performance of companies demonstrating strong ESG practices.  Hess measured well above the oil and gas industry and the E&P subsector averages in each of the ESG areas and above the U.S. country average in most areas. Hess has been included on the FTSE4Good US Index since 2014

MSCI USA ESG Leaders Index and ESG Ratings: Hess has been included on the MSCI USA ESG Leaders Index since 2010 and has maintained an AA ESG rating (indicating “leadership” in ESG) with MSCI since 2011.   MSCI rates more than 2,800 companies and is considered an industry leader in ESG performance and disclosure.  The ratings are a priority to investors researching companies.

Newsweek’s Most Responsible Companies:  For the first time, Newsweek published a ranking of America’s 300 Most Responsible Companies in 2019.  Hess is ranked No. 119, second among oil and gas companies included in the list. The ranking was determined through an independent survey and analysis of publicly available key performance indicators of 2,000 public companies in three areas: environmental, social and governance.

The WSJ Top 250 Best Managed Companies: For the third consecutive year, the Wall Street Journal recently ranked publicly traded U.S. companies based on five performance criteria:  customer satisfaction, employee engagement and development, innovation, social responsibility and financial strength. In 2019 Hess Corporation moved into the Top 250 list on the strength of a higher financial strength score and an uptick in the remaining four categories.  Only four other exploration and production companies made the Top 250 list in 2019.

For more information about Hess Corporation’s sustainability performance, visit https://www.hess.com/sustainability.

Related News
  • Hess Reports Estimated Results for the Second Quarter of 2020

    Hess today reported a net loss of $320 million, or $1.05 per common share, in the second quarter of 2020, compared with a net loss of $6 million, or $0.02 per common share, in the second quarter of 2019. On an adjusted basis, the second quarter 2019 net loss was $28 million, or $0.09 per common share.
    Full story
  • Hess Corporation Releases 2019 Sustainability Report, Continues to Show Industry Leading ESG Performance

    Hess Corporation announced publication of its 23rd annual sustainability report, which provides a comprehensive review of the company’s strategy and performance on environmental, social and governance (ESG) programs and initiatives.
    Full story
  • Hess Schedules Q2 2020 Earnings Release Conference Call

    Hess announced that it will hold a conference call on Wednesday, July 29, 2020 at 10 a.m. Eastern Time to discuss its second quarter 2020 earnings release.
    Full story