As a multi-cultural global company, Halliburton believes that public policy and legislation can and do have a significant impact on our success. Therefore, we keep informed on significant domestic and foreign policy issues that affect our company and its employees around the world. While Halliburton does not make political contributions to political candidates or political parties, we do meet with public officials and policy makers on matters that are of importance to our business. We also engage trade and business associations, customers, suppliers, employees, communities, and nongovernmental organizations on issues of mutual concern. Should Halliburton decide to make a political contribution, as permitted by law, it must be approved by executive management and we will disclose the expenditure on this site.
Halliburton Company Political Action Committee (HALPAC) was established as a means for our employees, through voluntary contributions, to support candidates whose views on matters affecting the industry represent the best interests of our company and its employees. HALPAC is a multi-candidate, non-partisan political action committee.
A candidate's eligibility for support from HALPAC is reviewed by the HALPAC Board, which considers the candidate's record on business-related issues; the congressional leadership and committee assignments for which the candidate might be eligible; the extent of company facilities and employees within the candidate's district and state; and finally, the candidate's chances of being elected. Suggestions of employees are invited.
Halliburton engages and contributes to organizations and industry trade associations, whose objectives include education, enhancement of the industry's public image, and development of best practices related to our industry. Many of these organizations engage in legislative activity regarding matters that affect the industry as a whole, but not on behalf of any individual member.
In 2017, Halliburton memberships included:
U.S. Arab Bilateral Chamber of Commerce
Greater Houston Partnership
National Association of Manufacturers
U.S. Oil and Gas Association
Independent Petroleum Association of America
Petroleum Equipment and Services Association
American Petroleum Institute
World Affairs Council of Houston
International Association of Drilling Contractors
National Ocean Industries Association
Below is a list of U.S. trade and business associations for which Halliburton's 2017 membership dues were $50,000 or more annually, along with that portion of dues used for lobbying or political expenses, as reported to us: