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 26 is higher than 72% 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 2021, Hess Midstream reported total greenhouse gas emissions of approximately 439,841,000 kg CO2e, with Scope 1 emissions accounting for about 438,926,000 kg CO2e and Scope 2 emissions at approximately 248,389,000 kg CO2e. The company has not disclosed emissions data for 2022, nor has it provided specific reduction targets or initiatives aimed at decreasing its carbon footprint. Over the past few years, Hess Midstream's emissions have shown a trend of reduction, with total emissions decreasing from about 657,440,000 kg CO2e in 2019 to approximately 544,265,000 kg CO2e in 2020, and further down to 439,841,000 kg CO2e in 2021. This indicates a commitment to improving operational efficiency and reducing emissions intensity, although specific reduction targets or climate pledges have not been outlined. The company has disclosed emissions data primarily for Scope 1 and Scope 2, but lacks information on Scope 3 emissions, which typically encompass indirect emissions from the value chain. As Hess Midstream continues to navigate the evolving landscape of climate commitments, further transparency regarding its emissions and reduction strategies will be essential for stakeholders and the broader industry.
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| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Scope 1 | 520,027,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 218,610,000 | 00,000,000 | 00,000,000 | 000,000 |
| Scope 3 | - | - | - | - |
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.
