Hess tops 2019 list of best corporate citizens

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John Hess, CEO of Hess Corporation

Hess Corporation has earned a place as the No. 1 oil and gas company on Corporate Responsibility magazine’s prestigious list of 100 Best Corporate Citizens of 2019. The annual list recognizes public companies across the United States for outstanding environmental, social and governance (ESG) transparency and performance.

Hess is ranked No. 30 on the 2019 list, moving up 10 places from last year’s ranking. The company has been named to the list each of the last 12 years.

“We see sustainability as fundamental to our long term strategy and performance, supporting our purpose to be the world’s most trusted energy partner,” said CEO John Hess. “We are proud to once again be recognized for the quality of our environmental, social and governance performance and disclosure.”

The 100 Best Corporate Citizens List ranks the Russell 1000 Index of publicly held U.S. companies based on an independent assessment by ISS-ESG (a research arm of Institutional Shareholder Services) of 134 total corporate disclosure and performance factors in seven categories: climate change, employee relations, environment, finance, governance, human rights, and stakeholders and society.

Hess Guyana Exploration Ltd. holds 30 percent interest in the Stabroek Block. ExxonMobil affiliate Esso Exploration and Production Guyana Limited is operator and holds 45 percent interest and CNOOC Petroleum Guyana Limited, a wholly-owned subsidiary of CNOOC Limited, holds 25 percent interest.