SUNYA Energy

Hess Recognized for Sustainability Performance

December 12, 2024
SUNYA Summary
- Hess Corporation achieved the highest rating, now called Level 5, for the fifth consecutive year in the Transition Pathway Initiative 2024 Management Quality assessment. - Hess is the only U.S. oil and gas company to achieve a Level 5 rating in 2024. - The Transition Pathway Initiative rates over 2,000 companies on their management of greenhouse gas emissions and strategic risks related to a low carbon economy. - Hess has been recognized in Newsweek’s annual ranking of America's Most Responsible Companies 2025. - Hess is the highest ranking oil and gas company in Newsweek's list, based on an analysis of 2,000 public companies using an independent survey and ESG performance indicators. - Alex Sagebien, Vice President of Environment, Health and Safety at Hess, expressed pride in the recognition for industry leadership in ESG performance and disclosure. - Hess Corporation is a leading global independent energy company involved in exploring and producing crude oil and natural gas.
PRESS RELEASE
Hess Recognized for Sustainability Performance
  • Achieved Transition Pathway Initiative’s Top Level 5 Rating in Latest Assessment
  • Named to Newsweek’s List of America’s Most Responsible Companies 2025

December 11, 2024 09:21 AM Eastern Standard Time

NEW YORK--(BUSINESS WIRE)--Hess Corporation (NYSE: HES) has achieved the highest rating – now called “Level 5” – for the fifth consecutive year in the Transition Pathway Initiative (TPI) 2024 Management Quality assessment. For 2024, Hess is the only U.S. oil and gas company to achieve a Level 5 rating. TPI rates more than 2,000 companies in their management of greenhouse gas emissions and the strategic risks and opportunities of a low carbon economy in line with other disclosure frameworks including CDP, the Global Reporting Initiative, the Climate Action 100+ Initiative, and the Task Force on Climate-related Financial Disclosures recommendations. Details of Hess’ scores are available here.

In addition, Hess has been named to Newsweek’s annual ranking of America's Most Responsible Companies 2025, which recognizes U.S. based companies for their commitment to making a positive global impact. This year, Hess is the highest ranking oil and gas company to earn a place on this list, which is based on an analysis of the top 2,000 public companies by revenue using an independent survey and publicly available environmental, social and corporate governance (ESG) performance indicators. The full list and methodology are available here.

“We are very proud to continue to be recognized for our industry leadership in environmental, social and governance performance and disclosure,” said Alex Sagebien, Vice President, Environment, Health and Safety.

Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. For more information about sustainability at Hess, including annual Sustainability Reports, please visit www.hess.com/sustainability.

Contacts

Investor Contact:
Jay Wilson (212) 536-8940

Media Contact:
Lorrie Hecker (212) 536-8250