For the second consecutive year, Hess Corporation has been recognised among the 2015 Global 100 Most Sustainable Corporations by the Toronto-based media and investment research firm Corporate Knights. The ranking was announced 21 January at the World Economic Forum in Davos, Switzerland.
Hess is ranked 65th overall, moving up 23 places from last year among the world’s most sustainable corporations. The company is the only U.S. oil and gas producer named to the list.
The Global 100 ranking is structured to reward the transparent disclosure of sustainability data and the actual performance of individual companies.
“Earning a place among the world’s 100 Most Sustainable Corporations is certainly an honour and the achievement illustrates the company’s commitment to transparency and sustainability,” said Glenn Kramer, Hess’ Director of Sustainability.
According to the 2015 report, published in the latest issue of Corporate Knights magazine, companies go through an intense screening and those that emerge constitute the Global 100 Shortlist. Corporations making the shortlist are then scored on the key performance indicators for their industry. The top overall performers from each sector are named to the final Global 100, subject to the number of slots reserved for each sector.
Adapted from press release by Joe Green