Hess Corporation has been recognized for climate change stewardship in CDP’s Climate Change Report 2020. CDP is an international non-profit organisation based in the United Kingdom, Germany and the United States of America that helps companies and cities disclose their environmental impact.
Hess, a 25% stakeholder in Guyana’s Stabroek block, has earned Leadership status for 12 consecutive years from CDP. This year, the company is one of only two U.S. oil and gas producers to achieve Leadership status.
“CDP’s rating recognizes our continued leadership in transparency and performance as we address climate-related risks and opportunities,” said Alex Sagebien, Vice President, Environmental, Health and Safety. “Hess will continue to be guided by our values and longstanding commitment to sustainability as we help to meet the world’s growing need for energy while reducing our carbon footprint.”
CDP scores are based on a company’s climate related governance, disclosure practices and management of risks.
Additionally, Newsweek today published its second annual ranking of America’s Most Responsible Companies and Hess was included in that list. Of the 400 companies on the 2021 list, Hess is the highest ranked oil and gas producer. The ranking is based on an analysis of 2,000 public companies by a research firm using an independent survey and publicly available key performance indicators for environmental, social and corporate governance.
