Hess Corporation Donates $2 Million to Houston’s Winter Storm Relief Efforts

Rhea-AI Summary

Hess Corporation (NYSE: HES) announced a $1 million donation to the Houston Harris County 2021 Winter Storm Relief Fund and $1 million to the Houston Food Bank to assist communities affected by the severe winter storm and COVID-19 pandemic. The company will also match employee donations through its gift program. CEO John Hess expressed compassion for families impacted by the storm, while COO Greg Hill highlighted support for local leaders in Houston. The relief fund aids families with housing and repair needs, while the food bank provides essentials through community partners.

Positive

• Total of $2 million donated to relief efforts
• Support for local communities impacted by the winter storm
• Employee matching gift program encourages further donations

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• None.

Hess Corporation (NYSE: HES) today announced that it is donating $1 million to the Houston Harris County 2021 Winter Storm Relief Fund and $1 million to the Houston Food Bank following the severe winter storm that has significantly impacted communities already suffering from the economic effects of the COVID-19 pandemic. The company will also match donations made by employees through its matching gift program.

“Our hearts go out to the many families who are struggling to recover from this devastating storm,” said CEO John Hess. “We are making these donations to help people in need whose lives have been so severely impacted.”

“We are proud to support Mayor Turner and community leaders across Houston in providing relief for our most vulnerable neighbors,” said COO Greg Hill.

Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas.

The Houston Harris County 2021 Winter Storm Relief Fund, established by the City of Houston and Harris County, and overseen and administered by United Way of Greater Houston and the Greater Houston Community Foundation, is supporting families needing additional help to recover, including plumbing and home repairs, temporary housing, and other basic needs.

The Houston Food Bank collects and distributes food and other essentials to those in need through a network of 1,500 community partners.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210224005929/en/

FAQ

What is Hess Corporation's recent donation related to the winter storm?

Hess Corporation announced a $1 million donation to both the Houston Harris County 2021 Winter Storm Relief Fund and the Houston Food Bank.

How much has Hess Corporation committed to the Houston Harris County 2021 Winter Storm Relief Fund?

Hess Corporation has committed $1 million to the Houston Harris County 2021 Winter Storm Relief Fund.

Does Hess Corporation have a matching gift program for employee donations?

Yes, Hess Corporation will match donations made by employees through its matching gift program.

What is the purpose of the Houston Food Bank that Hess Corporation is supporting?

The Houston Food Bank collects and distributes food and essentials to those in need through a network of 1,500 community partners.