Climate Change and Environmental Efforts | Hess Corporation
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Climate Change and Energy

Climate change is a global challenge that requires government, business leaders and civil society to work together on cost-effective policy responses that recognize the vital role safe, affordable and reliable energy plays in ensuring human welfare, economic growth and security.

Oil and gas are essential to meet the world’s growing energy demand, and we are committed to developing these resources in an environmentally responsible and sustainable manner. Our environment, health, safety and social responsibility strategy incorporates climate change into our risk management process and addresses actions we can undertake to control and reduce our carbon footprint.

Hess will continue to take cost-effective, appropriate steps to monitor, measure and reduce emissions through the following actions:

  • Setting targets to reduce the carbon intensity of our operations
  • Accounting for the cost of carbon in significant new investments
  • Applying innovation and efficiency to reduce energy use, waste and emissions across our operations
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Transparency

Hess has consistently been recognized as a leader in the oil and gas industry for our disclosure and transparency relating to sustainability, and we remain committed to our goal of top-quartile performance in this regard. In addition to preparing this sustainability report in accordance with the Global Reporting Initiative’s Standards at the Core reporting level, we participate in a number of voluntary initiatives related to climate change disclosure. In 2017 we were recognized on the prestigious CDP Global Climate List as a leader in addressing climate change-related risks and opportunities. Hess earned leadership status, the highest category, for the ninth consecutive year and was among the top-ranking energy producers on the list.

Also, for the eighth consecutive year we were included in the Dow Jones Sustainability Index North America, which highlights public companies with outstanding performance across economic, environmental and social factors, including those related to climate change.

Our CDP responses contain more detailed information on the company’s climate change-related risks and opportunities



Read our latest CDP Climate Change Response

Access our archived CDP Climate Change Responses

 

 

Hess Greenhouse Gas Inventory Protocol

The Hess Greenhouse Gas (GHG) Protocol identifies and describes the processes and methodologies Hess uses to calculate the Hess GHG inventory and ensure its reliability and validity.

The GHG also establishes a set of acknowledged conventions and practices for the identification of GHG sources and supports the creation of a robust data collection system that ensures consistency, comparability and transparency in the GHG inventory.

Read the Hess Greenhouse Gas Inventory Protocol