Hess Endorses World Bank’s “Zero Routine Flaring by 2030” Initiative
Hess Corporation Logo header
SEARCH

Hess Endorses World Bank’s “Zero Routine Flaring by 2030” Initiative

  • Hess---World-Bank's-Zero-Routine-Flaring-by-2030-Initiative--Newsroom-v4-03
01.26.2022

Hess Corporation is pleased to endorse the World Bank's "Zero Routine Flaring by 2030" initiative. The objectives of this initiative align with our commitment to eliminate routine flaring from our operations by the end of 2025, as part of our overall strategy to proactively manage our carbon footprint and limit emissions of methane and other greenhouse gas emissions.

Hess sees climate change as one of the greatest scientific challenges of the 21st century. We believe climate risks can and should be addressed while at the same time providing the safe, affordable and reliable energy necessary to ensure human welfare and global economic development in the context of the United Nations Sustainable Development Goals. We support the aim of the Paris Agreement, as well as a global ambition to achieve net zero emissions by 2050. We view achieving zero routine flaring by 2025 as an important part of our efforts to support the transition to a low carbon economy and mitigate climate change.

We look forward to working with the World Bank on this important initiative.

Learn More About Hess' Commitment to Sustainable Business Practices
World Bank Endorser List

Related News
  • Elephant Hunt: The Search for the Oil and Gas Supplies to 2050

    While many expect oil and natural gas to retain their roles in the energy mix of 2050, the more significant question should not only be on how much oil and gas will be needed but from where the world will find it.
    Full story
  • Three Hess Board Members Named to WomenInc. Magazine’s List of Most Influential Corporate Directors

    WomenInc. Magazine recently announced its 2023 Most Influential Corporate Directors and included three members of Hess Corporation’s Board of Directors.
    Full story
  • Hess Named Explorer of the Year

    Hess was named E&P Explorer of the Year in a 15th annual Wood Mackenzie exploration industry survey announced June 2023. It is the second consecutive year that Hess has earned the distinction.
    Full story