HOUSTON – Oct. 5, 2011 – For the second consecutive year, Halliburton (NYSE: HAL) has been named to the Dow Jones Sustainability Indexes (DJSI) North America and World Leader listings in the Global Oil Services sector. The annual review of the DJSI is based on a “thorough analysis of corporate economic, environmental and social performance, assessing metrics such as corporate governance, risk management, branding, climate change mitigation, supply chain standards and labor practices,” according to the group’s website.
Some 50 worldwide oilfield services companies were reviewed for the 2011-2012 DJSI, and Halliburton was one of only eight oil services companies selected as a World Leader in the industry. In addition, Halliburton was one of two companies honored with the North America leader distinction.
In all, the evaluation covers 17 subcategories – four related to economics, four related to environmental, and nine related to social activities. Halliburton ranked above the industry average in 14 of the 17 subcategories. Additionally, the Company was also named “Best in Class” in three subcategories, including Standards for Suppliers, Customer Relationship Management and Human Capital Development. This is the second year in a row that Halliburton was awarded a perfect score of 100 in the subcategory of Human Capital Development and the fifth straight year the Company was recognized as “Best in Class” in Customer Relationship Management.
“Our inclusion for the second year in a row to both the DJSI North America Leader and World Leader listings speaks to our successful integration of corporate responsibility and sustainability into our overall business practices,” said Dave Lesar, Halliburton’s chairman, president and CEO. “I’m proud Halliburton is among the world’s leaders in corporate sustainability.”
Launched in 1999, the DJSI comprises the first global indexes tracking the financial performance of the leading sustainability-driven companies worldwide. Dow Jones partners with Strategic Asset Management (SAM) to publish the report. SAM evaluates 57 industry sectors and approximately 2,500 companies globally and selects world and regional leaders in each industry sector. The information provides asset managers with reliable and objective benchmarks to manage sustainability portfolios.
Founded in 1919, Halliburton is one of the world’s largest providers of products and services to the energy industry. With more than 60,000 employees in approximately 80 countries, the company serves the upstream oil and gas industry throughout the lifecycle of the reservoir – from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production through the life of the field. Visit the company’s website at www.halliburton.com.