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The rankings, now in their sixth year, evaluate the 500 largest
publicly-traded companies as of
“We are committed to being responsible stewards in the communities where
we work all over the world,” said Hess CEO
The magazine’s “Green Rankings” are based on eight performance indicators, including:
- Combined Energy Productivity Score (revenue/total energy consumption)
-
Combined Greenhouse Gas Productivity (revenue/total
Greenhouse Gas emissions) - Combined Water Productivity (revenue/total water use)
- Combined Waste Productivity (revenue/total waste generated, minus total waste recycled)
- Reputation
- Sustainability Pay Link (a relationship between the pay of the senior executive team and the company’s achievement of environmental performance targets)
- Sustainability Board Committee (the existence of a committee at the Board of Directors level whose mandate is related to the sustainability of the company)
- Audited Environmental Metrics
The rankings are the result of a “rigorous, peer-reviewed research process, including both quantitative and qualitative data from some of the world’s leading environmental research organizations,” Newsweek stated.
Hess’ rank among the world’s greenest companies in all measured sectors (from Capital Goods to Vehicles and Components) is No. 108.
Source:
For Hess Corporation
Investors:
Jay Wilson,
212-536-8940
or
Media:
Lorrie Hecker,
212-536-8940