Below is the information acquired on HESS CORPORATION, which is not yet included in our research perimeter.

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Last update 31 March 2022

Description of economic activities

Manufacture of refined petroleum products (NACE2 1920)

The company, based in the United States, is engaged in the production and exploration of crude oil and natural gas, as well as in refining and in marketing refined petroleum products, natural gas, and electricity. It was formed in 1919 and has its registered principal place of business in New York, New York.The company is a leading global independent energy company. It operates in two business areas: exploration & production and marketing & refining. The company directs over 95 percent of its total capital expenditures to exploration, development and production activities. Its exploration and production operations are located in the United States, Norway, Denmark, the United Kingdom, Russia, Azerbaijan, Egypt, Libya, Algeria, Equatorial Guinea, Gabon, Thailand, Malaysia, and Indonesia. It is the leading independent marketer of petroleum products on the East Coast with over 1,350 HESS-branded retail outlets. In addition, the HESS EXPRESS convenience stores lead the industry in inside sales and outside fuel volumes. Its marketing areas includes in New York, New Hampshire, Massachusetts, Pennsylvania, Connecticut, Rhode Island, Virginia, New Jersey, Delaware, Maryland, South Carolina, North Carolina, Georgia, Florida. The HOVENSA refinery in the United States Virgin Islands, which is a joint venture of a subsidiary of the company and a subsidiary of Petroleos de Venezuela, S.A. (PDVSA), is one of the largest crude oil refineries in the world. Refined petroleum products, as well as natural gas and electricity are marketed to customers throughout the East Coast of the United States, allowing the company to meet the total energy needs of its customer base while maintaining a low-cost operating base.The company aims to maximize its shareholder value by enhancing financial performance and providing long-term profitable growth.
  • HESS CORPORATION

  • United States of America (US)
  • Company type: Corporate
  • Parent company: N/A
  • Chief Executive Officer (CEO): Mr James Henry Quigley
  • CEO Total remuneration: 409.083,438
  • Website: www.hess.com

Financial data

Number of employees

N/A
1,621
1,775
1,708

Revenue 1

7
4
6
6

EBIT 1

2
-2
522
462

EBITDA 1

3
1
2
2

1 numbers are in millions

  • RepRisk Indicator (last month):  11

Social dialog

  • Transnational Corporate Agreement (TCA): N/A
  • Global Framework Agreement (GFA): N/A
  • Societas Europaea (SE): N/A
  • Bangladesh Accord: N/A

European Works Councils

  • EWC: N/A

Standards and certifications

Global Reporting Initiative certification

  • Global Reporting Initiative standards: N/A
  • Global Reporting Initiative GRI G4: N/A

Other company declarations

  • Corporate Social Responsability:
    N/A
  • Accessibility: N/A

Other resources

Policies

  • Training policy: N/A
  • Policy to protect the right to health and safety in the workplaces where the company operates: N/A
  • Policy to protect the right to health and safety in the workplaces in the supply chain: N/A
  • Diversity policy: N/A

Universal declarations

Declarations and treaties recognised by the country where the company has its registered office

  • Universal Declaration of Human Rights:
  • European Convention on Human Rights (ECHR):
  • Charter of Fundamental Rights of CDFL Workers (Strasbourg Charter 1989):
  • Charter of Fundamental Rights of the European Union EU CFR (Nice Charter 2000):
  • Treaty on the Functioning of the European Union TFEU:
  • Registered office in an OECD country:
  • ILO C029 - Forced Labour Convention, 1930 (No. 29):
  • ILO C087 - Freedom of Association and Protection of the Right to Organise Convention, 1948 (No. 87):
  • ILO C098 - Right to Organise and Collective Bargaining Convention, 1949 (No. 98):
  • ILO C100 - Equal Remuneration Convention, 1951 (No. 100):
  • ILO C105 - Abolition of Forced Labour Convention, 1957 (No. 105):
  • ILO C111 - Discrimination (Employment and Occupation) Convention, 1958 (No. 111):
  • ILO C138 - Minimum Age Convention, 1973 (No. 138):
  • ILO C182 - Worst Forms of Child Labour Convention, 1999 (No. 182):

Directives applied in the company offices in EU 27

  • D. 80/987/EEC: N/A
  • D. 89/391/EEC: N/A
  • D. 98/59/EC: N/A
  • D. 2000/43/EC: N/A
  • D. 2000/78/EC: N/A
  • D. 2001/23/EC: N/A
  • Council D. 2001/86/EC: N/A
  • D. 2002/14/EC: N/A
  • D. 2002/73/EC: N/A
  • Council D. 2003/72/EC: N/A
  • EP and Council D. 2005/56/EC: N/A
  • D. 2009/38/EC: N/A
  • D. 2004/25/EC: N/A
  • D. 2011/35/EU: N/A

Presence in main rankings

  • Global 100 Most Sustainable Corporations:
  • Global CSR Rep Trak 100: N/A
  • BrandZ Top 100 Most Valuable US Brands: N/A
  • The Worlds Best Multinational Workplaces: N/A
  • The Gartner Supply Chain Top 25: N/A
  • The Worlds Most Innovative Companies: N/A
  • The Diversity Inc Top 50 Companies: N/A
  • Best Global Websites: N/A
  • Green Ranking Global Top 500: N/A
  • Green Ranking Global Top 100: N/A

Reference trade unions