Hess Corporation
Hess Corporation is a publicly listed semi integrated oil and gas company headquartered in the USA. In 2020, it had USD 4.67 billion in revenue and a reported 1775 employees in 2019*. Hess has exploration activities in North Dakota's Bakken Shale, the Gulf of Mexico and Guyana. The company demonstrates no intention to transition away from its oil and gas activities.
- Ranking position
- #46 /100
- Total score
- 6.2 /100
- Performance score
- 2.6 /20
- Narrative Score
- ABCDE
- Trend Score
-
- Trend line is up
- Trend line is equal
- Trend line is down
Leading practices
No leading practices were identified for this company.
Risks and opportunities
Trend
Hess receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. Hess’ scope 1 and 2 emissions intensity is increasing, and its scope 1, 2 and 3 emissions reduction is still far below what is required by its 1.5°C pathway. With inadequate emissions reduction targets, the company is not on track to decrease its emissions intensity at a rate fast enough to align with its 1.5°C pathway. The company’s strategic and business model performance is also unlikely to improve, given that it has no significant plans for low-carbon business activities or strategic updates.
Progress towards the Paris Agreement
See results for
More about the company
- Headquarters
- New York, New York, New York, New York, United States of America
- Group revenue
- USD 4.67 billion
- Ownership structure
- Publicly listed
- Number of employees
- 1,775
- Scope of activity
- Semi Integrated
- Website
- https://www.hess.com