Hess Midstream LP

Common Name
Hess Midstream
Country
United States
Sector
Energy
Industry
Oil & Gas Midstream
Employees
N/A
Ticker
HESM
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Hess Midstream LP is a publicly traded infrastructure company specializing in the ownership and operation of midstream assets, which are essential components in the energy sector. Its primary role inv...

Hess Midstream's GHG Emissions Data Preview

In 2023, Hess Midstream completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), and Scope 2 (indirect emissions from purchased energy).

However, Hess Midstream has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Hess Midstream's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Hess Midstream amounted to 792,825 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Hess Midstream increased by 14.7%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Hess Midstream's Scope 1 Emissions Over Time

201920202021202220230200 k400 k600 k800 ktCO2e-13%-17%-11%+20%
  • Total Scope 1
  • Year-over-Year Change

What are Hess Midstream's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Hess Midstream were 486,869 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Hess Midstream reduced its Scope 1 emissions over time?

Since 2019, Hess Midstream's Scope 1 emissions have decreased by 22.96%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Hess Midstream's Scope 1 emissions increased by 20.37%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Hess Midstream's Scope 2 emissions?

In 2023, Hess Midstream reported Scope 2 greenhouse gas (GHG) emissions of 0 tCOâ‚‚e using the market-based method, and 305,956 tCOâ‚‚e using the location-based method.

Has Hess Midstream reduced its Scope 2 emissions over time?

Since 2019, Hess Midstream's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Hess Midstream 's emissions have plateaued with no significant change in its energy consumption footprint.

Compared to the previous year (2022), Hess Midstream's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Hess Midstream 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Hess Midstream use for Scope 2 reporting?

In 2023, Hess Midstream reported its Scope 2 emissions using the market-based method and using the location-based method.

Hess Midstream's Scope 2 Emissions Over Time

20192020202120222023080 k160 k240 k320 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
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