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2012 Global Reporting Initiative (GRI) Index

G3.1 and Oil and Gas Sector Supplement (OGSS)

This index refers to the Global Reporting Initiative (GRI) G3.1 and OGSS indicators. It is more detailed than the GRI Content Index that appears in the 2012 Hess Corporate Sustainability Report on pages 67-69.
Indicator Legend:
GRI G3.1 Core & OGSS Indicator
GRI G3.1 Additional Indicator
Status Legend:
Fully Reported
Partially Reported
Not Reported

Profile Disclosures

GRI G3.1 OGSS Content Index

1. Strategy and Analysis1
GRI Indicator
1.1
General Description
Statement from the most senior decision-maker of the organization.
Reference
CSR, pages 2-3
GRI Status
Comments
0
GRI Indicator
1.2
General Description
Description of key impacts, risks, and opportunities.
GRI Status
Comments
2
2. Organizational Profile2
GRI Indicator
2.10
General Description
Awards received in the reporting period.
Reference
CSR, page 71
GRI Status
Comments
10
GRI Indicator
2.9
General Description
Significant changes during the reporting period regarding size, structure, or ownership.
Reference
CSR, pages 6-7, 63

SEC Form 10K

2012 Annual Report
GRI Status
Comments
9
GRI Indicator
2.8
General Description
Scale of the reporting organization.
Reference
CSR, pages 6-7, 63
GRI Status
Comments
8
GRI Indicator
2.7
General Description
Markets served (including geographic breakdown, sectors served, and types of customers/beneficiaries).
Reference
CSR, pages 6-7, 63
GRI Status
Comments
7
GRI Indicator
2.6
General Description
Nature of ownership and legal form.
Reference
CSR, pages 6-7, 63
GRI Status
Comments
6
GRI Indicator
2.5
General Description
Number of countries where the organization operates, and names of countries with either major operations or that are specifically relevant to the sustainability issues covered in the report.
Reference
CSR, pages 6-7, 63
GRI Status
Comments
5
GRI Indicator
2.4
General Description
Location of organization's headquarters.
Reference
CSR, pages 6-7, 63
GRI Status
Comments
4
GRI Indicator
2.3
General Description
Operational structure of the organization, including main divisions, operating companies, subsidiaries, and joint ventures.
Reference
CSR, pages 6-7, 63

SEC Form 10K

2012 Annual Report
GRI Status
Comments
3
GRI Indicator
2.2
General Description
Primary brands, products, and/or services.
Reference
CSR, pages 6-7, 63
GRI Status
Comments
2
GRI Indicator
2.1
General Description
Name of the organization.
Reference
CSR, pages 6-7, 63
GRI Status
Comments
1
3. Report Parameters3
GRI Indicator
3.13
General Description
Policy and current practice with regard to seeking external assurance for the report.
Reference
CSR, pages 9, 70
GRI Status
Comments
13
GRI Indicator
3.12
General Description
Table identifying the location of the Standard Disclosures in the report.
GRI Status
Comments
12
GRI Indicator
3.11
General Description
Significant changes from previous reporting periods in the scope, boundary, or measurement methods applied in the report.
Reference
CSR, page 9
GRI Status
Comments
11
GRI Indicator
3.10
General Description
Explanation of the effect of any re-statements of information provided in earlier reports, and the reasons for such re-statement (e.g., mergers/acquisitions, change of base years/periods, nature of business, measurement methods).
Reference
CSR, page 9
GRI Status
Comments
10
GRI Indicator
3.9
General Description
Data measurement techniques and the bases of calculations, including assumptions and techniques underlying estimations applied to the compilation of the Indicators and other information in the report.
Reference
CSR, page 9
GRI Status
Comments
9
GRI Indicator
3.8
General Description
Basis for reporting on joint ventures, subsidiaries, leased facilities, outsourced operations, and other entities that can significantly affect comparability from period to period and/or between organizations.
Reference
CSR, page 8
GRI Status
Comments
8
GRI Indicator
3.7
General Description
State any specific limitations on the scope or boundary of the report (see completeness Principle for explanation of scope).
Reference
CSR, page 8
GRI Status
Comments
7
GRI Indicator
3.6
General Description
Boundary of the report (e.g., countries, divisions, subsidiaries, leased facilities, joint ventures, suppliers). See GRI Boundary Protocol for further guidance.
Reference
CSR, page 8
GRI Status
Comments
6
GRI Indicator
3.5
General Description
Process for defining report content.
Reference
CSR, page 8
GRI Status
Comments
5
GRI Indicator
3.4
General Description
Contact point for questions.
Reference
CSR, page 71
GRI Status
Comments
4
GRI Indicator
3.3
General Description
Reporting cycle (annual, biennial, etc.)
Reference
CSR, page 8
GRI Status
Comments
3
GRI Indicator
3.2
General Description
Date of most recent previous report (if any).
Reference
CSR, page 8
GRI Status
Comments
2
GRI Indicator
3.1
General Description
Reporting period (e.g., fiscal/calendar year) for information provided.
Reference
CSR, page 8
GRI Status
Comments
1
4. Governance, Commitments, and Engagement 4
GRI Indicator
4.17
General Description
Key topics and concerns that have been raised through stakeholder engagement, and how the organization has responded to those key topics and concerns, including through its reporting.
Reference
CSR, pages 8, 15
GRI Status
Comments
17
GRI Indicator
4.16
General Description
Approaches to stakeholder engagement, including frequency of engagement by type and by stakeholder group.
Reference
CSR, pages 8, 15
GRI Status
Comments
16
GRI Indicator
4.1
General Description
Governance structure of the organization, including committees under the highest governance body responsible for specific tasks, such as setting strategy or organizational oversight.
GRI Status
Comments
The Board of Directors of Hess Corporation is responsible for oversight of the business and affairs of the Company in the best interest of its stockholders, with due regard to its customers, the communities in which it operates and its employees. Acting on the recommendation of its Corporate Governance and Nominating Committee, the Board has developed and adopted a set of corporate governance principles to provide guidance to the Board and management in carrying out these responsibilities, to promote the effective functioning of the Board and its committees and to set forth a common set of expectations as to how the Board should perform its functions.

The Board has three principal committees: the Audit Committee, the Compensation and Management Development Committee and the Corporate Governance and Nominating Committee. Each committee has a written charter that sets forth its purpose and responsibilities. Additional information on the Board, its charters, requirements for Related Party Transactions and contact information is available at www.hess.com/investors.
1
GRI Indicator
4.2
General Description
Indicate whether the Chair of the highest governance body is also an executive officer.
Reference
CSR, page 63
GRI Status
Comments
In 2012 John B. Hess served as Chairman of the Board and Chief Executive Officer.
2
GRI Indicator
4.3
General Description
For organizations that have a unitary board structure, state the number and gender of members of the highest governance body that are independent and/or non-executive members.
Reference
CSR, page 63
GRI Status
Comments
3
GRI Indicator
4.4
General Description
Mechanisms for shareholders and employees to provide recommendations or direction to the highest governance body.
GRI Status
Comments
See 2012 Proxy Statement for description of shareholder resolutions process:  general mechanism (page 20) and major shareholders to engage with Lead Director (page 79)
4
GRI Indicator
4.5
General Description
Linkage between compensation for members of the highest governance body, senior managers, and executives and the organization's performance (including social and environmental performance.)
GRI Status
Comments
Linkage between compensation for members of the highest governance body and the organization’s performance is stated in the Hess Corporation Compensation and Management Development Committee Charter, effective June 1, 2005.

Discussion of the linkage between compensation for members of the highest governance body, senior managers, and executives and the organization’s performance is also included in the annual Proxy Statement Form DEF 14A.
• CEO and other Named Executive Officer (NEO) compensation process and results: pages 29-67.
• Changes in payout philosophy and actions taken in response to 2012 “Say on Pay” stockholder outreach: pages 29-32.
• Compensation Principles (including “Safety and Sustainability": pages 39-40.
• Cash bonus plan for EHS metrics: pages 48-49.
• EHS metrics components and percent of 2012 bonus for each NEO: page 67.
5
GRI Indicator
4.6
General Description
Processes in place for the highest governance body to ensure conflicts of interest are avoided.
GRI Status
Comments
The Global Compliance Group oversees a worldwide compliance program for the company. The centerpiece of this program is the expectation set forth in the Hess Code of Business Conduct and Ethics, which applies to every company director, officer and employee. The purpose of the Code is to advise individuals of their obligations to comply with applicable law, as well as the fundamental principles of business ethics to which they must adhere, such as avoidance of conflicts of interests or misuse of corporate opportunities and confidential information.

A discussion of processes in place for the highest governance body to ensure conflicts of interest are avoided is included in the Related Party Transaction section of of the 2013 Proxy Statement Form DEF 14A, pages 21-22.
6
GRI Indicator
4.7
General Description
Process for determining the composition, qualifications and expertise of the members of the highest governance body and its committees, including any consideration of gender and other indicators of diversity.
GRI Status
Comments
As stated in its charter, the purpose of the Corporate Governance and Nominating Committee is to identify and recommend individuals to the Board for nomination as members of the Board and its committees consistent with criteria approved by the Board, make recommendations to the Board regarding Board practices and corporate governance and develop and recommend to the Board a set of corporate governance principles applicable to the Corporation. The Committee currently consists of three members and meets approximately two times per year.
7
GRI Indicator
4.8
General Description
Internally developed statements of mission or values, codes of conduct, and principles relevant to economic, environmental, and social performance and the status of their implementation.
GRI Status
Comments
8
GRI Indicator
4.9
General Description
Procedures of the highest governance body for overseeing the organization's identification and management of economic, environmental, and social performance, including relevant risks and opportunities, and adherence or compliance with internationally agreed standards, codes of conduct, and principles.
Reference
CSR, pages 13-14, 63
GRI Status
Comments
The Audit Committee of the Board of Directors has oversight responsibility for the integrity of the Company's financial statements, financial reporting practices, systems of internal accounting, financial and disclosure controls, internal audit function, the retention and oversight of independent auditors and compliance with legal and regulatory requirements. The Audit Committee also provides oversight and makes recommendations to the full Board of Directors with respect to Hess Corporation's policies, positions and systems for Environmental, Health, Safety and Social Responsibility (EHS&SR), compliance and risk management. The vice president EHS&SR meets with the Audit Committee annually.

The Company is continuing to develop an enterprise risk program, which includes consideration of EHS&SR risks, to strengthen the consistency of risk consideration in making business decisions. The full Board of Directors has oversight of the Company's risk management policies with an emphasis on understanding the key enterprise risks affecting the Company's business and the ways in which the Company attempts to prudently mitigate such risks. The Chief Risk Officer reviews the enterprise risk program with the Board annually.
9
GRI Indicator
4.10
General Description
Processes for evaluating the highest governance body's own performance, particularly with respect to economic, environmental, and social performance.
GRI Status
Comments
Linkage between compensation for members of the highest governance body and the organization's performance is stated in the Hess Corporation Compensation and Management Development Committee Charter, effective June 1, 2005.
10
GRI Indicator
4.11
General Description
Explanation of whether and how the precautionary approach or principle is addressed by the organization.
Reference
CSR, page 11
GRI Status
Comments
11
GRI Indicator
4.12
General Description
Externally developed economic, environmental, and social charters, principles, or other initiatives to which the organization subscribes or endorses.
GRI Status
Comments
12
GRI Indicator
4.13
General Description
Memberships in associations (such as industry associations) and/or national/international advocacy organizations.
Reference
CSR, page 14
GRI Status
Comments
13
GRI Indicator
4.14
General Description
List of stakeholder groups engaged by the organization.
Reference
CSR, pages 8, 15
GRI Status
Comments
14
GRI Indicator
4.15
General Description
Basis for identification and selection of stakeholders with whom to engage.
Reference
CSR, pages 8, 15
GRI Status
Comments
15

Management Approach & Performance Indicators

GRI G3.1 OGSS Content Index

Product Responsibility6
GRI Indicator
DMA-PR
General Description
 Disclosure of Management Approach (DMA) to Product Responsibility.
GRI Status
Comments
0
GRI Indicator
PR1
General Description
Life cycle stages in which health and safety impacts of products and services are assessed for improvement, and percentage of significant products and services categories subject to such procedures.
Reference
GRI Status
Comments
Our principal refined petroleum products are reformulated and conventional gasoline, ultra low sulfur diesel fuel and heating oil. The lifecycle impacts of petroleum products are well documented by industry, government agencies and the scientific community. Through our membership in industry trade associations such as the API and the National Petrochemical and Refiners Association and our involvement with IPIECA, we stay informed of lifecycle assessment results regarding conventional, reformulated and renewable fuels and fuel blends. The main environmental emissions and health related impacts associated with our products occur during product use and are highly regulated by the US EPA.
1
GRI Indicator
PR2
General Description
Total number of incidents of non-compliance with regulations and voluntary codes concerning health and safety impacts of products and services during their life cycle, by type of outcomes.
Reference
GRI Status
Comments
There were no incidents of non-compliance with regulations and voluntary codes concerning health and safety impacts of products and services during their lifecycle in 2012.
2
GRI Indicator
PR3
General Description
Type of product and service information required by procedures, and percentage of significant products and services subject to such information requirements.
Reference
GRI Status
Comments
We comply with all product and service labeling and health and safety impact requirements. Tanks for refined product storage at our terminals and refinery are labeled and placarded. Petroleum products sold at our retail stations are labeled at point of sale in accordance with applicable regulatory requirements. Each of our products has a Material Safety Data Sheet (MSDS) that provides information on chemical, physical and toxicological characteristics, safe handling and spill and emergency response measures. Each retail, terminal and refinery operating location maintains product MSDSs; these are also available through Hess Retail and Energy Marketing customer service departments and at http://www.hess.com/sustainability.
3
GRI Indicator
PR4
General Description
Total number of incidents of non-compliance with regulations and voluntary codes concerning product and service information and labeling, by type of outcomes.
Reference
GRI Status
Comments
In 2012 Hess met product responsibility regulations, labeling requirements and voluntary codes applicable to our products and services and did not incur any significant fines or penalties.
4
GRI Indicator
PR5
General Description
Practices related to customer satisfaction, including results of surveys measuring customer satisfaction.
Reference
GRI Status
Comments
We have customer service and satisfaction programs in place in our Retail and Energy Marketing businesses to ensure that concerns and complaints are quickly and adequately addressed. Customer comments, complaints, or compliments can be submitted via a toll free number or online, and a database tracks all issues to final resolution. Hess Retail Marketing has also implemented a monthly Customer Service Hero award to recognize a Retail employee, manager or station for excellent customer service based on feedback we receive from our customers. We wish to continue fostering customer loyalty through our commitments to customer satisfaction and privacy, truth in advertising and compliance with all applicable consumer laws and regulations.
5
GRI Indicator
PR6
General Description
Programs for adherence to laws, standards, and voluntary codes related to marketing communications, including advertising, promotion, and sponsorship.
Reference
GRI Status
Comments
In 2012 Hess met voluntary codes applicable to our products and services.
6
GRI Indicator
PR7
General Description
Total number of incidents of non-compliance with regulations and
voluntary codes concerning marketing communications, including
advertising, promotion, and sponsorship by type of outcomes.
Reference
GRI Status
Comments
There were no substantiated customer privacy complaints or significant fines or penalties related to customer privacy and marketing communications in 2012.
7
GRI Indicator
PR8
General Description
Total number of substantiated complaints regarding breaches of customer privacy and losses of customer data.
Reference
GRI Status
Comments
We recognize and respect our customers’ privacy concerns. The most significant customer privacy issues are payment card security for our retail business, which is addressed by a Payment Card Industry Compliance program, and Internet privacy for our Energy Marketing and general websites, for which there are detailed privacy policies available (www.hessenergy.com/privacypolicy. htm; http://www.hess.com/company/PrivacyPolicy.aspx).

There were no substantiated customer privacy complaints or significant fines or penalties related to customer privacy and marketing communications in 2012.
8
GRI Indicator
OG14
General Description
Volume of biofuels produced, and purchased meeting sustainability criteria.
Reference
CSR, page 61
GRI Status
Comments
10
GRI Indicator
PR9
General Description
Monetary value of significant fines for non-compliance with laws and regulations concerning the provision and use of products and services.
Reference
GRI Status
Comments
There were no significant fines for non-compliance with laws and regulations concerning the provision and use of products and services in 2012.
9
Society5
GRI Indicator
DMA-SO
General Description
Disclosure of Management Approach (DMA) to Society.
Reference
CSR, pages 10-11, 22-23
GRI Status
Comments
0
GRI Indicator
SO1
General Description
Percentage of operations with implemented local community engagement, impact assessments, and development programs.
Reference
CSR, pages 13-14, 25-29
GRI Status
Comments
1
GRI Indicator
SO2
General Description
Percentage and total number of business units analyzed for risks related to corruption.
Reference
CSR, page 12
GRI Status
Comments
4
GRI Indicator
SO3
General Description
Percentage of employees trained in organization's anti-corruption policies and procedures.
Reference
CSR, page 12
GRI Status
Comments
5
GRI Indicator
SO4
General Description
Actions taken in response to incidents of corruption.
Reference
CSR, page 12
GRI Status
Comments
6
GRI Indicator
SO5
General Description
Public policy positions and participation in public policy development and lobbying.
Reference
CSR, pages 2-3, 12, 44
GRI Status
Comments
7
GRI Indicator
SO6
General Description
Total value of financial and in-kind contributions to political parties, politicians, and related institutions by country.
Reference
CSR, page 12
GRI Status
Comments
8
GRI Indicator
SO7
General Description
Total number of legal actions for anti-competitive behavior, anti-trust, and monopoly practices and their outcomes.
Reference
CSR, page 11
GRI Status
Comments
9
GRI Indicator
SO8
General Description
Monetary value of significant fines and total number of non-monetary sanctions for non-compliance with laws and regulations.
Reference
CSR, page 11
GRI Status
Comments
10
GRI Indicator
SO9
General Description
Operations with significant potential or actual negative impacts on local communities.
Reference
CSR, pages 13-14, 25-29
GRI Status
Comments
11
GRI Indicator
SO10
General Description
Prevention and mitigation measures implemented in operations with significant potential or actual negative impacts on local communities.
Reference
CSR, pages 13-14, 25-29
GRI Status
Comments
12
GRI Indicator
OG10
General Description
Number and description of significant disputes with local communities and indigenous peoples.
Reference
CSR, page 29
GRI Status
Comments
2
GRI Indicator
OG11
General Description
Number of sites that have been decommissioned and sites that are in the process of being decommissioned.
GRI Status
Comments
3
GRI Indicator
OG12
General Description
Operations where involuntary resettlement took place, the number of households resettled in each and how their livelihoods were affected in the process.
Reference
CSR, page 29
GRI Status
Comments
13
GRI Indicator
OG13
General Description
Number of process safety events, by business activity.
GRI Status
Comments
16
Human Rights4
GRI Indicator
DMA-HR
General Description
Disclosure of Management Approach (DMA) to Human Rights.
Reference
CSR, page 27
GRI Status
Comments
0
GRI Indicator
HR1
General Description
Percentage and total number of significant investment agreements and contracts that include human rights clauses or that have undergone human rights screening.
Reference
CSR, page 27
GRI Status
Comments
1
GRI Indicator
HR2
General Description
Percentage of significant suppliers, contractors, and other business partners that have undergone human rights screening and actions taken.
Reference
CSR, pages 23, 28-29
GRI Status
Comments
2
GRI Indicator
HR3
General Description
Total hours of employee training on policies and procedures concerning aspects of human rights that are relevant to operations, including the percentage of employees trained.
Reference
CSR, page 28
GRI Status
Comments
3
GRI Indicator
HR4
General Description
Total number of incidents of discrimination and corrective actions taken.
Reference
CSR, page 29
GRI Status
Comments
4
GRI Indicator
HR5
General Description
Operations and significant suppliers identified in which the right to exercise freedom of association and collective bargaining may be at significant risk, and actions taken to support these rights.
Reference
CSR, page 29
GRI Status
Comments
5
GRI Indicator
HR6
General Description
Operations and significant suppliers identified as having significant risk for incidents of child labor, and measures taken to contribute to the elimination of child labor.
Reference
CSR, page 29
GRI Status
Comments
6
GRI Indicator
HR7
General Description
Operations and significant suppliers identified as having significant risk for incidents of forced or compulsory labor, and measures to contribute to the elimination of all forms of forced or compulsory labor.
Reference
CSR, page 29
GRI Status
Comments
7
GRI Indicator
HR8
General Description
Percentage of security personnel trained in the organization's policies or procedures concerning aspects of human rights that are relevant to operations.
GRI Status
Comments
8
GRI Indicator
HR9
General Description
Total number of incidents of violations involving rights of indigenous people and actions taken.
Reference
CSR, pages 24-27, 29
GRI Status
Comments
9
GRI Indicator
HR10
General Description
Percentage and total number of operations that have been subject to human rights reviews and/or impact assessments.
Reference
CSR, page 28
GRI Status
Comments
11
GRI Indicator
HR11
General Description
Number of grievances related to human rights filed, addressed, and resolved through formal grievance mechanisms.
Reference
CSR, page 27
GRI Status
Comments
12
GRI Indicator
OG9
General Description
Operations where indigenous communities are present or affected by activities and where specific engagement strategies are in place.
Reference
CSR pages 25-26, 29
GRI Status
Comments
10
Labor Practices and Decent Work3
GRI Indicator
DMA-LA
General Description
Disclosure of Management Approach (DMA) to Labor Practices and Decent Work.
Reference
CSR, pages 30-31, 38
GRI Status
Comments
0
GRI Indicator
LA1
General Description
Total workforce by employment type, employment contract, and region broken down by gender.
Reference
CSR, pages 39, 64
GRI Status
Comments
1
GRI Indicator
LA2
General Description
Total number and rate of new employee hires and employee turnover by age group, gender, and region.
Reference
CSR, pages 39, 64
GRI Status
Comments
2
GRI Indicator
LA3
General Description
Benefits provided to full-time employees that are not provided to temporary or part-time employees, by major operations.
Reference
CSR, page 41
GRI Status
Comments
3
GRI Indicator
LA4
General Description
Percentage of employees covered by collective bargaining agreements.
Reference
CSR, page 29 and 64
GRI Status
Comments
4
GRI Indicator
LA5
General Description
Minimum notice period(s) regarding significant operational changes, including whether it is specified in collective agreements.
Reference
CSR, page 29
GRI Status
Comments
5
GRI Indicator
LA6
General Description
Percentage of total workforce represented in formal joint management-worker health and safety committees that help monitor and advise on occupational health and safety programs.
Reference
CSR, page 31
GRI Status
Comments
6
GRI Indicator
LA7
General Description
Rates of injury, occupational diseases, lost days, and absenteeism, and number of work-related fatalities by region and gender.
Reference
CSR, pages 31-32, 64
GRI Status
Comments
7
GRI Indicator
LA8
General Description
Education, training, counseling, prevention, and risk-control programs in place to assist workforce members, their families, or community members regarding serious diseases.
Reference
CSR, page 36-37
GRI Status
Comments
8
GRI Indicator
LA9
General Description
Health and safety topics covered in formal agreements with trade unions.
Reference
CSR, page 31
GRI Status
Comments
9
GRI Indicator
LA10
General Description
Reference
CSR, pages 64
GRI Status
Comments
10
GRI Indicator
LA11
General Description
Programs for skills management and lifelong learning that support the continued employability of employees and assist them in managing career endings.
GRI Status
Comments
11
GRI Indicator
LA12
General Description
Percentage of employees receiving regular performance and career development reviews by gender.
Reference
CSR, page 42
GRI Status
Comments
12
GRI Indicator
LA13
General Description
Composition of governance bodies and breakdown of employees per employee category according to gender, age group, minority group membership, and other indicators of diversity.
Reference
CSR, pages 39, 64
GRI Status
Comments
13
GRI Indicator
LA14
General Description
Ratio of basic salary of men to women by employee category.
Reference
CSR, page 41
GRI Status
Comments
Employees who make a greater contribution or perform at higher levels earn more, regardless of race, color, gender, sexual orientation, religion, disability or other protected class.
14
GRI Indicator
LA15
General Description
Return to work and retention rates after parental leave, by gender.
Reference
GRI Status
Comments
Hess does not collect and report this information at a corporate level. It is collected and reported at operations where required by law.
15
Environmental2
GRI Indicator
EN1
General Description
Materials used by weight or volume.
Reference
GRI Status
Comments
Crude oil, natural gas and refined petroleum products are the primary goods that we sell. Since these products are sold in bulk, there is very little use of packaging material. We look for opportunities to improve our operations and reduce costs through more efficient use of natural resources.
1
GRI Indicator
EN2
General Description
Percentage of materials used that are recycled input materials.
Reference
GRI Status
Comments
Crude oil, natural gas and refined petroleum products are the primary goods that we sell. Since these products are sold in bulk, there is very little use of packaging material. We look for opportunities to improve our operations and reduce costs through more efficient use of natural resources.
2
GRI Indicator
EN3
General Description
Direct energy consumption by primary energy source.
Reference
CSR, pages 49-50, 65
GRI Status
Comments
3
GRI Indicator
EN4
General Description
Indirect energy consumption by primary source.
Reference
CSR, pages 49-50, 65
GRI Status
Comments
4
GRI Indicator
EN5
General Description
Energy saved due to conservation and efficiency improvements.
GRI Status
Comments
5
GRI Indicator
EN6
General Description
Initiatives to provide energy-efficient or renewable energy based products and services, and reductions in energy requirements as a result of these initiatives.
GRI Status
Comments
6
GRI Indicator
EN7
General Description
Initiatives to reduce indirect energy consumption and reductions achieved.
GRI Status
Comments
7
GRI Indicator
EN8
General Description
Total water withdrawal by source.
Reference
CSR, pages 53-54, 64
GRI Status
Comments
More than half of our water usage in 2012 (54 percent) was groundwater. Our largest user of municipal water in 2012, the Port Reading refining facility, accounted for 19 percent of overall company water use. The facility purchased water from the Middlesex Water Company. Surface water sources provided 71 percent of the water distributed by this utility, with the remainder from groundwater wells (23 percent) and purchased water (6 percent). Fresh water use by business and facility is provided in our sustainability report (p.53).
10
GRI Indicator
EN9
General Description
Water sources significantly affected by withdrawal of water.
Reference
CSR, pages 53-54, 64
GRI Status
Comments
No water sources were significantly affected by our water withdrawals, where GRI defines significant as average withdrawals of five percent or more of the annual average volume of a given water body.
11
GRI Indicator
EN10
General Description
Percentage and total volume of water recycled and reused.
Reference
CSR, pages 53-54, 64
GRI Status
Comments
12
GRI Indicator
EN11
General Description
Location and size of land owned, leased, managed in, or adjacent to, protected areas and areas of high biodiversity value outside protected areas.
Reference
CSR, page 55
GRI Status
Comments
13
GRI Indicator
EN12
General Description
Description of significant impacts of activities, products, and services on biodiversity in protected areas and areas of high biodiversity value outside protected areas.
Reference
CSR, page 55
GRI Status
Comments
14
GRI Indicator
EN13
General Description
Habitats protected or restored.
Reference
CSR, pages 49, 55
GRI Status
Comments
15
GRI Indicator
EN14
General Description
Strategies, current actions, and future plans for managing impacts on biodiversity.
GRI Status
Comments
16
GRI Indicator
EN15
General Description
Number of IUCN Red List species and national conservation list species with habitats in areas affected by operations, by level of extinction risk.
Reference
CSR, page 55
GRI Status
Comments
17
GRI Indicator
EN16
General Description
Total direct and indirect greenhouse gas emissions by weight.
Reference
CSR, pages 46-49, 65

CDP Disclosure
GRI Status
Comments
Scope 1 and Scope 2 GHG emissions calculations are based on The GHG Protocol (WRI/WBCSD) and also rely on sector specific guidance provided in the Petroleum Industry Guidelines for Reporting Greenhouse Gas Emissions – 2nd edition (International Petroleum Industry Environmental Conservation Association (IPIECA)/American Petroleum Institute (API)). The majority of emission factors we use are based on the API Compendium of GHG Emissions Estimation Methodologies for the Oil and Gas Industry as integrated into the API tool. This tool, SANGEA, uses U.S. Environmental Protection Agency (US EPA) and industry-specific emission factors for stationary and mobile sources. Some exploration and production (E&P) assets in the U.S. are subject to US EPA mandatory greenhouse gas reporting rules and calculate Scope 1 GHG emissions using emissions factors required by US EPA.
19
GRI Indicator
EN17
General Description
Other relevant indirect greenhouse gas emissions by weight.
Reference
CSR, pages 46-49, 65
GRI Status
Comments
20
GRI Indicator
EN18
General Description
Initiatives to reduce greenhouse gas emissions and reductions achieved.
GRI Status
Comments
21
GRI Indicator
EN19
General Description
Emissions of ozone-depleting substances by weight.
Reference
CSR, page 65
GRI Status
Comments
22
GRI Indicator
EN20
General Description
NOx, SOx, and other significant air emissions by type and weight.
Reference
CSR, pages 58, 65
GRI Status
Comments
Particulate matter (PM) data are not included because we do not have a full and reliable data set. We plan to report on this metric by 2014.
23
GRI Indicator
EN21
General Description
Total water discharge by quality and destination.
Reference
CSR, pages 57, 66
GRI Status
Comments
24
GRI Indicator
EN22
General Description
Total weight of waste by type and disposal method.
Reference
CSR, pages 59, 66
GRI Status
Comments
26
GRI Indicator
EN23
General Description
Total number and volume of significant spills.
Reference
CSR, pages 57-58, 64, 66
GRI Status
Comments
27
GRI Indicator
EN24
General Description
Weight of transported, imported, exported, or treated waste deemed hazardous under the terms of the Basel Convention Annex I, II, III, and VIII, and percentage of transported waste shipped internationally.
Reference
CSR, pages 59, 66
GRI Status
Comments
30
GRI Indicator
EN25
General Description
Identity, size, protected status, and biodiversity value of water bodies and related habitats significantly affected by the reporting organization's discharges of water and runoff.
Reference
CSR, page 55
GRI Status
Comments
31
GRI Indicator
EN26
General Description
Initiatives to mitigate environmental impacts of products and services, and extent of impact mitigation.
Reference
CSR, pages 48-49, 60-61
GRI Status
Comments
32
GRI Indicator
EN27
General Description
Percentage of products sold and their packaging materials that are reclaimed by category.
Reference
GRI Status
Comments
The vast majority of our products are handled in bulk throughout the product lifecycle and do not require packaging materials.
33
GRI Indicator
EN28
General Description
Monetary value of significant fines and total number of non-monetary sanctions for non-compliance with environmental laws and regulations.
Reference
CSR, pages 59, 66
GRI Status
Comments
40
GRI Indicator
EN29
General Description
Significant environmental impacts of transporting products and other goods and materials used for the organization's operations, and transporting members of the workforce.
Reference
CSR, pages 48-49, 65
GRI Status
Comments
41
GRI Indicator
EN30
General Description
Total environmental protection expenditures and investments by type.
Reference
CSR, pages 59, 66
GRI Status
Comments
42
GRI Indicator
DMA-EN
General Description
Disclosure of Management Approach (DMA) to Environmental.
Reference
CSR, pages 44-46, 52-53
GRI Status
Comments
Decisions about ISO certification are made within the business units. The company’s UK North Sea and South Arne Operation, and our St. Lucia Terminal are ISO 14001 certified and account for approximately 8 percent of gross operated oil production and throughput. Denmark Production operations are OHSAS 18001 certified.
0
GRI Indicator
OG2
General Description
Total amount invested in renewable energy
Reference
CSR, page 51
GRI Status
Comments
8
GRI Indicator
OG3
General Description
Total amount of renewable energy generated by source
Reference
CSR, page 51
GRI Status
Comments
9
GRI Indicator
OG4
General Description
Number and percentage of significant operating sites in which biodiversity risk has been assessed and monitored.
GRI Status
Comments
18
GRI Indicator
OG5
General Description
Volume of formation or produced water
Reference
CSR, pages 57, 66
GRI Status
Comments
25
GRI Indicator
OG6
General Description
Volume of flared and vented hydrocarbon
Reference
CSR, page 65
GRI Status
Comments
28
GRI Indicator
OG7
General Description
Amount of drilling waste (drill mud and cuttings) and strategies for treatment and disposal
Reference
CSR, pages 57, 66
GRI Status
Comments
29
GRI Indicator
OG8
General Description
Benzene, Lead, and Sulfur content in fuels
Reference
GRI Status
Comments
In 2012 Hess marketed gasoline exclusively in the U.S. and U.S. territories and complies with all applicable regulations concerning fuel content. The EPA’s 1995 Reformulated Gasoline (RFG) program, 2004 Tier 2 Standards, 2009 Renewable Fuel Standard (RFS2), and 2011 Mobile Source Air Toxics program closely regulate gasoline formulations. As a result of these mandates, our gasoline complies with a 0.62 percent benzene content limit (average) and with 30 ppm/80 ppm sulphur content limits (average/cap).
34
Economic Performance1
GRI Indicator
DMA-EC
General Description
Disclosure of Management Approach (DMA) to Economic Performance.
GRI Status
Comments
1
GRI Indicator
EC1
General Description
Direct economic value generated and distributed, including revenues, operating costs, employee compensation, donations and other community investments, retained earnings, and payments to capital providers and governments.
Reference
CSR, pages 7, 63

SEC Form 10K

2012 Annual Report
GRI Status
Comments
2
GRI Indicator
EC2
General Description
Financial implications and other risks and opportunities for the organization's activities due to climate change.
GRI Status
Comments
3
GRI Indicator
EC3
General Description
Coverage of the organization's defined benefit plan obligations.
GRI Status
Comments
4
GRI Indicator
EC4
General Description
Significant financial assistance received from government.
Reference
GRI Status
Comments
The Company did not receive significant government financial assistance in 2012 (defined as equal to or greater than one percent of revenues).
5
GRI Indicator
EC5
General Description
Range of ratios of standard entry level wage by gender compared to local minimum wage at significant locations of operation.
Reference
CSR, page 41
GRI Status
Comments
6
GRI Indicator
EC6
General Description
Policy, practices, and proportion of spending on locally-based suppliers at significant locations of operation.
Reference
CSR, pages 16, 63
GRI Status
Comments
7
GRI Indicator
EC7
General Description
Procedures for local hiring and proportion of senior management hired from the local community at significant locations of operation.
Reference
CSR, page 40
GRI Status
Comments
8
GRI Indicator
EC8
General Description
Development and impact of infrastructure investments and services provided primarily for public benefit through commercial, in-kind, or pro bono engagement.
GRI Status
Comments
9
GRI Indicator
EC9
General Description
Understanding and describing significant indirect economic impacts, including the extent of impacts.
Reference
GRI Status
Comments
We do not collect quantitative information about indirect economic benefits.
10
GRI Indicator
OG1
General Description
Volume & type of estimated proved reserves & production
Reference
CSR, pages 6, 63

SEC Form 10K

2012 Annual Report
GRI Status
Comments
11

2012 GRI Index

To download the 2012 GRI Index as a PDF file, click on the link below.
Download and Print the 2012 GRI Index

2012 Corporate Sustainability Report

Transparency and high standards of business ethics have long been key elements of our business philosophy. Click on the links below to read the report or download a PDF file.
Download the 2012 CSR Report

2012 Annual Report

The Hess Annual Report to Shareholders details the company’s performance during 2012. To download a PDF file of the report, click below.
Download the 2012 Report