Company Directory - HESS India
Company Details - HESS India
HESS India
HESS India is the Indian subsidiary of HESS AG, focused on implementing innovative transit systems across India. The company specializes in designing and developing sustainable transportation solutions that enhance urban mobility and improve public transportation infrastructure.
CCI Score
CCI Score: HESS India
14.37
Latest Event
Pilot Electric Rapid Transit Project Launched
HESS India, in collaboration with HESS AG and SSB AG, signed an MoU with the Karnataka State Government to launch a pilot Electric Rapid Transit (e-RT) project between Hubballi and Dharwad. The project, inspired by successful European models, aims to deliver eco-friendly and efficient urban transport.
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SABOTEUR
HESS India is currently rated as a Saboteur.
Latest Events
- APR122025
HESS India, in collaboration with HESS AG and SSB AG, signed an MoU with the Karnataka State Government to launch a pilot Electric Rapid Transit (e-RT) project between Hubballi and Dharwad. The project, inspired by successful European models, aims to deliver eco-friendly and efficient urban transport.
- DEC312023
An OpenSecrets profile reveals that Hess Corp, associated with HESS India’s corporate family, spent $260,000 on lobbying in 2023. This expenditure reflects the company’s active involvement in influencing public policy through political lobbying.
-40
Political Contributions and Lobbying Efforts
April 12
The $260,000 spent on lobbying in 2023 indicates a significant commitment to influencing political processes. From an anti-fascist perspective, such corporate political intervention is concerning as it can serve to protect corporate interests at the expense of democratic accountability and public welfare.
- OCT012023
Allegations emerged that the Kerala Chief Minister commissioned PwC to produce a report potentially favoring Swiss firm Hess AG – the parent of HESS India – for an e-mobility project, raising serious concerns about transparency and cronyism in the public procurement process.
-30
Public and Political Behavior
April 12
The incident highlights a politically charged intervention where government officials allegedly influenced the procurement process in favor of Hess AG. This lack of transparency and potential cronyism undermines democratic and ethical standards, raising red flags from an anti-authoritarian perspective.
Explained: The Kerala e-bus controversy over Swiss firm Hess AG
- OCT012023
HESS India’s supplier requirements page mandates that all contractors and suppliers adhere to strict ethical business practices, respect human rights, and ensure safe and non-discriminatory working conditions, consistent with UN and ILO guidelines.
+70
Labor Relations and Human Rights Practices
April 12
The supplier requirements enforce adherence to human rights principles by prohibiting child labor, forced labor, discrimination, and by mandating safe work environments. This aligns with anti-authoritarian practices and upholds labor rights.
+70
Supply Chain Ethics
April 12
The ethical guidelines also extend to supply chain practices, ensuring that contractors meet environmental, health, and safety standards and conduct their operations transparently, thereby promoting ethical supply chain management and reducing risks of complicity in authoritarian exploitative practices.
- MAY232023
Hess is facing three lawsuits alleging that it failed to provide adequate disclosures regarding its proposed $53 billion sale to Chevron, a move that has led to legal action aimed at delaying or blocking the deal. The company stated that the allegations are without merit while it voluntarily supplements its proxy statement to preempt similar claims and avoid potential delays and expenses.
-60
Business Practices and Ethical Responsibility
April 12
The lawsuits alleging inadequate disclosures expose significant issues regarding corporate transparency and ethical responsibility. This lack of clear communication about a major transaction not only undermines shareholder trust but also raises concerns about broader business practices, reflecting negatively on the firm’s commitment to ethical responsibility.
- JAN012023
HESS India outlines its systematic approach to supply chain management, detailing rigorous supplier evaluation processes, risk assessments, ethical standards in contracting, and compliance with environment, health, and safety (EHS) protocols as highlighted in its 2023 sustainability disclosure.
+80
Supply Chain Ethics
April 12
The article provides a transparent account of HESS India's supply chain governance. Their use of a centralized electronic sourcing system for risk assessments, clear ethical guidelines in supplier contracts, and focus on compliance with labor and EHS standards indicate a proactive approach to ethical business practices. Such measures mitigate potential indirect support of authoritarian practices by ensuring that suppliers adhere to strong ethical norms.
- OCT252020
Kerala government has revived the joint venture involving HESS India, KSRTC, and KAL for its e-mobility project aimed at manufacturing 3,000 electric buses, enhancing urban public transit infrastructure.
+30
Public and Political Behavior
April 12
HESS India's involvement in a public-private partnership for urban e-mobility shows a commitment to sustainable transit and community-enhancing infrastructure. The collaboration, endorsed by government officials and involving high-level meetings, aligns with progressive public policy initiatives.
E-mobility project: Kerala govt revives JV with HESS - ETGovernment.com
+40
Business Practices and Ethical Responsibility
April 12
The revived joint venture reflects a responsible business approach by HESS India, emphasizing sustainable practices and the development of robust public infrastructure. By engaging in a major public transit initiative, the company demonstrates ethical commitment to improving urban mobility.
E-mobility project: Kerala govt revives JV with HESS - ETGovernment.com
+20
Technology and Services Impact
April 12
The project leverages innovative transit technology from HESS, contributing to cleaner and more efficient urban mobility. This focus on technological impact promotes sustainable development and environmental benefits.
E-mobility project: Kerala govt revives JV with HESS - ETGovernment.com
- JAN012010
Hess Corporation published its Human Rights Policy in 2010, outlining commitments to employee health and safety, environmental stewardship, and sustainable practices. The policy underscores the company's dedication to responsible labor practices and human rights, which is a positive signal of its ethical stance.
+70
Labor Relations and Human Rights Practices
April 12
The public release of a Human Rights Policy demonstrates a commitment to strong labor relations and human rights practices. This initiative helps protect employee and community welfare, aligning with progressive, anti-authoritarian values. However, the document's accessibility issues (HTTP 404 error) suggest potential shortcomings in communication or updates, slightly tempering the positive impact.
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