Hess Corporation’s 2016 Sustainability Report Shows Continued Progress in Safe, Responsible Business Practices

• Improved employee total recordable incident rate (TRIR) by 58
  percent and reduced process safety events by 36 percent compared to
  2015
• Reduced flaring and greenhouse gas (GHG) emission intensities from
  operated assets by 29 percent and 20 percent, respectively, versus a
  2014 baseline
• Invested nearly $20 million in social programs, with the majority
  for education

NEW YORK–(BUSINESS WIRE)–#exploration–Hess Corporation (NYSE: HES) published its 2016 Sustainability Report
today, providing a comprehensive review of the company’s strategy and
performance on safety, environmental, social and governance programs and
initiatives. An electronic version is available at http://www.hess.com/sustainability/sustainability-reports.

“We believe sustainable practices create value for our shareholders and
opportunities to continuously improve business performance,” said Hess
CEO John B. Hess. “We are proud of the progress made and excited to
continue building a sustainable enterprise that makes a positive
difference for our stakeholders and the world around us.”

Hess Corporation’s 20th annual sustainability report has achieved the G4
Core level for sustainability reporting under the Global Reporting
Initiative (GRI) methodology. GRI is an independent organization that
provides the world’s most widely recognized sustainability reporting and
disclosure standards. The report has been third-party assured by ERM
Certification and Verification Services.

Highlights from this year’s report include:

• Driving strong safety performance: The company
  experienced a four-year low in the number of process safety events in
  2016 with a 36 percent improvement compared to 2015. In personal
  safety, the employee TRIR decreased year-over-year from 0.24 to 0.10,
  a 58 percent improvement.
• Decreasing environmental impact: Through 2016, Hess
  reduced flaring and GHG emission intensities from operated assets by
  29 percent and 20 percent, respectively, versus a 2014 baseline. Hess
  received one of the highest rankings among energy producers in the
  2016 Newsweek Green Rankings of the 500 largest publicly traded
  companies in the United States and was recognized on the prestigious
  CDP Global Climate List, as a leader in addressing climate
  change-related risks and opportunities.
• Making a difference in local communities and managing social
  risk: Hess’ social investment program in 2016 totaled nearly
  $20 million, with more than $16 million directed toward education
  projects. In host communities, the company conducted risk-based human
  rights training at selected assets and incorporated human rights
  training into its contractor onboarding process. Hess has earned a
  place, for the 10^th consecutive year, on Corporate
  Responsibility magazine’s prestigious list of 100 Best Corporate
  Citizens for 2017. The list recognizes public companies across the
  United States with strong performance in such areas as environment,
  climate change, employee relations, human rights, governance, finance,
  philanthropy and community support.

Hess Corporation is a leading global independent energy company engaged
in the exploration and production of crude oil and natural gas. Hess is
committed to helping meet the world’s growing energy needs in a safe,
environmentally responsible, socially sensitive and profitable way. More
information on the company is available at www.hess.com.

Contacts

Hess Corporation
Investors:
Jay Wilson,
212-536-8940
[email protected]
or
Media:
Lorrie
Hecker, 212-536-8250
[email protected]