Hess Corporation Earns Place on 2015 S&P 500 Climate Disclosure Leadership Index
NEW YORK–Nov. 17, 2015– Hess Corporation (NYSE:HES) has been recognized as a leader among S&P 500 companies for climate change transparency, earning a position on the 2015 Climate Disclosure Leadership Index (CDLI) announced yesterday by CDP, an international non-profit group seeking to drive sustainable economies. Hess has been included in the CDLI for seven consecutive years and is one of only two energy companies to make the 2015 index.
Reported data is independently assessed against CDP’s scoring methodology and marked out of 100 for the quality of climate change-related information disclosed to investors and the global marketplace. Companies graded within the top 10 percent constitute the CDLI. Hess earned a score of 99. The complete list of companies on this year’s CDLI can be found at: https://www.cdp.net/CDPResults/CDP-USA-climate-change-report-2015.pdf.
Every year, on behalf of 822 investors who represent $95 trillion in assets, thousands of companies submit climate disclosures to CDP. Top scores indicate a high level of transparency, providing investors with a level of comfort to assess corporate accountability and preparedness for changing market demands and emissions regulation.
“We are proud to be included in the CDLI and recognized for our transparency in addressing climate-related risks and opportunities,”Alex Sagebien, Vice President, Environmental, Health and Safety. “Hess is committed to being a trusted energy partner that helps meet the world’s growing energy needs in a safe, environmentally responsible, socially sensitive and profitable way.”
Earlier this year, for the sixth consecutive year, Hess was included in the Dow Jones Sustainability Index (DJSI) North America, which highlights public companies for outstanding performance across economic, environmental and social factors. Hess was also included in the Corporate Responsibility Magazine’s 100 Best Corporate Citizens for the eighth consecutive year, ranking as the top energy company for the second consecutive year, and earned Newsweek’s Green Ranking for the fifth time.
Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. More information on Hess Corporation is available at http://www.hess.com.
Jay Wilson, 212-536-8940
Lorrie Hecker, 212-536-8250