Hess Corp.
Industry Group: Oil & Gas Producers
Country/Region: United States of America
Identifier: NYS:HES
Hess is an independent oil and gas producer with key assets in the Bakken Shale, Guyana, the Gulf of Mexico, and Southeast Asia. At the end of 2023, the company reported net proved reserves of 1.4 billion barrels of oil equivalent. Net production averaged 391 thousand barrels of oil equivalent per day in 2023, at a ratio of 74% oil and natural gas liquids and 26% natural gas.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Oil & Gas Producers 40 out of 301
Universe
Global Universe 11432 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Texas Pacific Land Corp. |
14.1
Low
|
4 out of 301 |
Woodside Energy Group Ltd. |
26.5
Medium
|
17 out of 301 |
Pioneer Natural Resources Co. |
28.1
Medium
|
21 out of 301 |
Hess Corp. |
32
High
|
40 out of 301 |
Diamondback Energy, Inc. |
37.3
High
|
76 out of 301 |
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Sustainalytics' Peer Performance Insights gives an in-depth analysis of your company's ESG strengths and weaknesses compared to your competitors and industry performance. These insights can be used to identify areas of ESG improvement to help inform future management decisions that align with your organization's sustainability goals.
Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Hess Corp.'s Exposure is High
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
Hess Corp.'s Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
Top Material ESG Issues for Hess Corp.
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Hess Corp.'s ESG Risk Rating in the last three years
Highest Controversy Level