The report highlights the company's commitment to meeting the world's growing energy needs in a safe, environmentally responsible, socially sensitive and profitable way that delivers long-term value to shareholders. The report includes key accomplishments in 2017 and select targets and metrics for 2018. The company divests mature, lower-return assets in Norway, Equatorial Guinea and West Texas to high-grade its portfolio and focus on investments in Guyana, which is one of the industry's largest oil discoveries in a decade, and the Bakken, its largest operated asset. The company also focuses on achieving its 2020 goal of reducing greenhouse gas emissions intensity by 25 percent and flaring intensity by 50 percent, and its 2025 goal of lowering methane emissions to less than 1 percent of gross methane production across its U.S. natural gas value chain. The report also details the company's efforts related to its social responsibility, including its social investment programs in both Equatorial Guinea and North Dakota.
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Hess Corporation 2017 Sustainability Report
Issuing Company Hess Corporation
Report Type Sustainability Report
Report Language EN
Report Filesize 6.06 MB
No. of Pages 58 pages
Reporting period2017
Report EditionUnknown
Assurance Provider ERM Certification and Verification Services
Reporting Standards GRI; Core option; IPIECA; others
Materiality Assessmenttrue