Environmental, social, and governance issues are critical to our success and at the heart of our core values.
Our business enables the supply of sustainable, affordable and safe energy for all. We constantly look for ways to make a better world, working and innovating to reduce our environmental impact and that of our customers. We work hard to protect our employees in every facet of their work; to provide a diverse, inclusive, and supportive workplace; and to make sure that we and our suppliers operate ethically.
The Energy Transition challenge is an opportunity for Halliburton to do what we do best: solve problems. The long-term effects of moving to a lower carbon-based energy economy are difficult to predict, but we are actively preparing for the transition through emissions reduction across our value chain. We embrace the challenge of giving energy producers the solutions they need to continue to power the world with minimal impact on the environment.
Sustainability at Halliburton, therefore, means continuing to serve our customers, employees, stakeholders, and communities in an environmentally, socially, and ethically responsible way. Through our six guiding principles, we will continue to do so, now and in the future.
The 2021 Annual & Sustainability Report highlights our execution on our strategic priorities and how we will accelerate into the multi-year energy upcycle.
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Learn how Halliburton is executing on our value proposition and our commitment to sustainability.
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Statements on Sustainability Metrics and Related Notes.
KPMG has provided limited assurance on certain metrics for 2021 only.
Read ReportLocalized workforce
Recordable Environmental Incident Rate/200K hrs worked
Charitable donations in cash, 2021
Average number of training hours per employee, 2021
We base our Halliburton sustainability strategy on our material Environmental, Social, and Governance (ESG) issues. We identify and update these issues annually through engagement with our primary stakeholders: employees, customers, shareholders, suppliers, governments, trade associations, and community organizations.
Our material ESG issues are:
Health, Safety, and Wellness
Corporate Governance, Business Ethics, and Transparency
Climate Change: Greenhouse Gas Emission Reduction, Energy Efficiency, and Alternative Energy
Regulatory Management
Information Security/Data Management
Risk and Crisis Management
Continuous Improvement
Environmental Stewardship: Water, Waste, Responsible Resource Use, and Biodiversity
Board Leadership and Inclusion
Economic Performance
Human Rights
Benefits and Compensation
Diversity, Equity, and Inclusion
Supply Chain Sustainability
Our strategy is supported by our Sustainability Commitments which are presented in our 2021 Annual Sustainability Report.
We have set science-informed targets to help us achieve our emissions reduction goals.
We have a purpose – to help customers deliver the affordable energy provided by oil and gas – in a more effective, efficient, safe, and ethical manner – while minimizing environmental impact.
Built on a solid foundation of ethics and integrity, the Halliburton Guiding Principles for Sustainability provide the framework for our operations and our future. To ensure that these principles guide every aspect of our decisions, plans and actions, we have matched each with a clearly defined intent.
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We know that good corporate governance advances trust among our shareholders, customers, and employees. It builds transparency in our Company, and shapes how we conduct business in an ethical manner. Under our Board of Directors’ leadership, we have established governance structures, policies, and practices that foster accountability, reduce risk, and push us to achieve the highest standards.
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The challenges of the energy transition allow Halliburton to continue to do what we do best: innovate, collaborate and execute to drive efficiencies and affect change, including lowering the emissions profile of our technologies and our internal activities. We have inspiring work underway to reduce emissions, improve energy efficiency, and advance clean energy development because we are committed to a sustainable energy future.
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At Halliburton, we are committed to managing risks associated with climate change and to mitigating environmental impacts from our operations. Our vision is to deliver long-term financial value by developing innovative solutions to help our customers achieve a low-carbon-energy future, and by minimizing environmental impact in the communities where we operate.
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We are committed to providing a welcoming, inclusive environment for our diverse global workforce, with best-in-class training and career development opportunities to enable employees to thrive and achieve their career goals. Halliburton is also committed to protecting the health and safety of our employees, customers, suppliers and communities, which are at the heart of our Guiding Principles of HSE and Global Citizenship.
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