SOCIAL RESPONSIBILITY
Our company is committed to supplying energy to help meet global demand in a manner that safeguards our employees, preserves the environment and makes a positive impact on the communities where we operate. We strive each day to be a trusted energy partner to communities, employees, business partners, customers and investors through sustainable business practices.
In 2010 we improved our safety performance for the sixth consecutive year. Our progress is the result of the commitment of our entire work force and the success of our management systems. We are proud of our achievements and remain focused on continuing to improve our safety performance and operating our facilities in a manner that protects the health and safety of our employees, our partners and the community.
The company continued to make progress on climate change initiatives. In 2010 we announced a goal of a 20 percent reduction in greenhouse gas emission intensity based on a 2008 baseline. Preliminary estimates of reductions are encouraging and we continue to reduce flaring in Algeria and Equatorial Guinea while increasing overall production. We also achieved our 2010 target of obtaining 10 percent of the electricity used company wide from renewable sources.
Although we have robust processes and systems in place designed to prevent spills and releases, we have further strengthened our emergency plans, personnel and equipment to rapidly respond if necessary. In 2010, both the volume and number of spills were negligible and spills were rapidly mitigated.
Hess partners with government and local communities where we operate to create lasting improvements in education and health. In Equatorial Guinea we are entering our fifth year of successful partnership to help transform primary education through teacher training, preparation of learning materials and development of model schools. In addition, the company supported a number of community development initiatives in more than 20 countries ranging from vocational skills training in Indonesia to youth development in Egypt and Norway.
Since 2002 we have been active participants in multistakeholder voluntary initiatives designed to promote universal human rights, protect the environment and encourage financial transparency including the United Nations Global Compact, the Voluntary Principles on Security and Human Rights and the Extractive Industries Transparency Initiative. In 2010 we developed a Human Rights Policy, conducted human rights risk assessments in West and North Africa and conducted training in compliance with our human rights commitments in Malaysia, Indonesia, Algeria and Equatorial Guinea.
We are proud of our achievements in 2010 and will continue to execute our strategy to improve our performance in all aspects of sustainability.
Our company is committed to supplying energy to help meet global demand in a manner that safeguards our employees, preserves the environment and makes a positive impact on the communities where we operate. We strive each day to be a trusted energy partner to communities, employees, business partners, customers and investors through sustainable business practices.
In 2010 we improved our safety performance for the sixth consecutive year. Our progress is the result of the commitment of our entire work force and the success of our management systems. We are proud of our achievements and remain focused on continuing to improve our safety performance and operating our facilities in a manner that protects the health and safety of our employees, our partners and the community.
The company continued to make progress on climate change initiatives. In 2010 we announced a goal of a 20 percent reduction in greenhouse gas emission intensity based on a 2008 baseline. Preliminary estimates of reductions are encouraging and we continue to reduce flaring in Algeria and Equatorial Guinea while increasing overall production. We also achieved our 2010 target of obtaining 10 percent of the electricity used company wide from renewable sources.
Although we have robust processes and systems in place designed to prevent spills and releases, we have further strengthened our emergency plans, personnel and equipment to rapidly respond if necessary. In 2010, both the volume and number of spills were negligible and spills were rapidly mitigated.
Hess partners with government and local communities where we operate to create lasting improvements in education and health. In Equatorial Guinea we are entering our fifth year of successful partnership to help transform primary education through teacher training, preparation of learning materials and development of model schools. In addition, the company supported a number of community development initiatives in more than 20 countries ranging from vocational skills training in Indonesia to youth development in Egypt and Norway.
Since 2002 we have been active participants in multistakeholder voluntary initiatives designed to promote universal human rights, protect the environment and encourage financial transparency including the United Nations Global Compact, the Voluntary Principles on Security and Human Rights and the Extractive Industries Transparency Initiative. In 2010 we developed a Human Rights Policy, conducted human rights risk assessments in West and North Africa and conducted training in compliance with our human rights commitments in Malaysia, Indonesia, Algeria and Equatorial Guinea.
We are proud of our achievements in 2010 and will continue to execute our strategy to improve our performance in all aspects of sustainability.