Hess Midstream
Hess Midstream LP, a prominent player in the midstream sector, is headquartered in the United States and operates primarily in the Bakken region of North Dakota. Founded in 2014, the company has rapidly established itself as a leader in providing integrated midstream services, including natural gas processing, crude oil transportation, and water services. Hess Midstream's unique approach combines advanced technology with a commitment to operational excellence, ensuring efficient and reliable service delivery. The company has achieved significant milestones, including strategic partnerships and expansions that enhance its market position. With a focus on sustainability and innovation, Hess Midstream continues to set industry standards, making it a key contributor to the energy landscape in North America.
DitchCarbon Score
How does Hess Midstream's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Business Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Hess Midstream's score of 32 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hess Midstream's reported carbon emissions
In 2023, Hess Midstream reported Scope 1 emissions of approximately 17,663,000 kg CO2e, primarily from mobile combustion. This marks a slight decrease from 2022, when the company recorded Scope 1 emissions of about 18,290,260 kg CO2e in the US, alongside Scope 2 emissions of approximately 435,556,000 kg CO2e. The company has set ambitious climate commitments, aiming to achieve net zero Scope 1 and 2 greenhouse gas emissions on an equity basis by 2050. Additionally, Hess Midstream has established near-term targets to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. Hess Midstream's emissions data is not cascaded from any parent organization, indicating that the reported figures are independently sourced. The company is actively working towards its climate goals, reflecting a commitment to sustainability within the energy sector.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 2,422,944,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 295,661,000 | 000,000,000 | 000,000,000 | - | - | - | - |
| Scope 3 | 43,664,051,000 | 00,000,000 | 00,000,000 | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Hess Midstream is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
