Better Health for All

Halliburton's core services, particularly hydraulic fracturing, involve chemicals associated with severe, widespread health damage. Between 2014 and 2021, 28 SDWA-regulated chemicals, linked to kidney and liver disease, fertility impairment, reduced sperm counts, and hypothyroidism, were disclosed in fracking events.

Halliburton is a key supplier of these chemicals, and 62-73% of all fracking disclosures reported at least one such chemical. The "Halliburton Loophole" in the 2005 Energy Policy Act exempts fracking from Safe Drinking Water Act regulation, allowing the use of hazardous substances like formaldehyde and benzene without disclosure. , Risk transparency is systematically lacking. The disclosure system exhibits "opaque transparency," with the proportion of disclosures using proprietary designations increasing from 79.3% in 2014 to 87.5% in 2022. The mass of chemicals withheld as trade secrets grew from 728 million pounds in 2014 to 2.96 billion pounds in 2022, totaling 10.4 billion pounds between 2014 and 2022. The company's operations have resulted in major health-harming externalities. A fire at a fracking site released thousands of gallons of toxic chemicals, killing over 70,000 fish. Groundwater contamination with ammonium perchlorate in Duncan, Oklahoma, is linked to hypothyroidism. Halliburton has faced over $1 billion in oil spill penalties and settled air pollution violations, agreeing to pay a $154,400 penalty and invest in projects to reduce air pollution at schools. While the company aims for greenhouse gas reductions and improved water management, these efforts are inadequate given the scale of the negative health impacts.

Fair Money & Economic Opportunity

Halliburton Company's primary business is providing products and services to the energy industry, not consumer financial services. As such, most KPIs related to financial products, lending, and customer financial data are not applicable. The company developed an Indigenous Inclusion Strategy, including an Indigenous Community Investment Program.

Halliburton supported community engagement through educational programs, promoting STEM education to nearly 65,000 students, and collaborated to connect low-income families to economic opportunities. In 2023, the company donated $1.5 billion in cash and in-kind gifts to local communities and sponsored the National Urban League Conference. Halliburton paid $280,000 to settle an EEOC lawsuit in 2018 for failing to hire an applicant as part of a discrimination settlement. A 2005 federal investigation found Halliburton violated pension laws, requiring an $8.6 million repayment for diverting worker pension funds.

Fair Pay & Worker Respect

No KPIs could be scored due to insufficient or non-matching evidence. For most KPIs, including living_wage_coverage, ceo_median_pay_ratio, collective_bargaining_share, pay_equity_ratio, worker_engagement_score, turnover_rate, insecure_contract_share, and health_insurance_coverage, the provided articles do not contain specific, concrete data points required by the rubric. Regarding safety_incident_rate, while a worker fatality and OSHA citation were reported in 2013, the articles do not provide the Total Recordable Incident Rate (TRIR) necessary for scoring.

For labor_violation_incidents, Halliburton had two substantiated labor-law violations in 2023, including a $100,000 settlement for wage-and-hour claims and a settlement for unpaid overtime. However, these incidents do not align with the specific qualitative descriptions of the available rubric tiers for two violations (e.g., 'minor fines from supply-chain audits' or 'minor infractions'), preventing a precise score assignment.

Fair Trade & Ethical Sourcing

Halliburton conducts an annual evaluation of its highest spend suppliers.

In 2023, the company engaged Tier 1 suppliers representing 89% of its annual spend via a cloud-based monitoring platform, with 68% fully registered and undergoing assessment. Halliburton's standard purchase agreements include conflict-free sourcing and disclosure requirements, and the company requires suppliers to contractually commit to upholding human rights, including safeguarding against child and forced labor. Halliburton performs due diligence on suppliers concerning slavery and human trafficking. In 2023, the company expanded its supplier human rights due diligence program, conducting evaluations for 4,496 suppliers, comprising 56% of its global spend. The 2016 Conflict Minerals Report indicated that 79.15% of identified smelters and refiners were compliant with the Conflict-Free Smelter Program. In 2023, Halliburton engaged 5,992 suppliers with questions about diversity via its monitoring platform and expanded supplier diversity to include disabled- and veteran-owned businesses.

Honest & Fair Business

Halliburton paid $29.2 million in 2017 to settle charges by the U.S. Securities and Exchange Commission (SEC) for violating the Foreign Corrupt Practices Act (FCPA) due to improper payments in Angola

. This settlement also required the company to engage an independent compliance consultant to review its anti-corruption policies and procedures in Africa . Earlier, in 2009, Halliburton and a former subsidiary settled charges with the SEC and Department of Justice (DOJ) for FCPA violations, involving bribing Nigerian government officials over a 10-year period , resulting in $177 million in disgorgement to the SEC and $382 million in criminal fines to the DOJ .

Kind to Animals

Halliburton's operations have directly destroyed critical habitats and caused documented wildlife mortality. This includes the Deepwater Horizon oil spill in 2010, which leaked over 200 million gallons of oil, fouled 900 miles of shoreline, and killed marine life.

A chemical spill at a fracking site in 2014 also killed over 70,000 fish and other animals. The company has incurred over $1 billion in environmental violation penalties since 2000. Halliburton does not explicitly state an animal testing policy, despite its Safety Data Sheets referencing toxicology data from animal studies for product components. Furthermore, the company has engaged in public policy efforts, such as through the American Legislative Exchange Council (ALEC), to shape fracking regulations that delay chemical disclosure, which has direct implications for animal welfare. The company has no animal husbandry or captive operations, sources no eggs, meat, or dairy, and uses no animal inputs in its product lines.

No War, No Weapons

Halliburton's subsidiary Kellogg Brown & Root (KBR) generated $657.5 million from military contracts in 1999, representing 4.41% of the company's $14.9 billion revenue that year.

The company has a history of non-compliance with sanctions, including paying $3.81 million in federal court and agency fines for sales to Libya and a $15,000 settlement for allegations related to Iran in the 1990s. In March 2022, Halliburton announced it immediately suspended future business and would wind down remaining operations in Russia due to sanctions. Halliburton was an active member of USA-Engage, campaigning against almost all forms of sanctions , and opposed specific arms-control related legislation. The company provided services to gas pipelines in Burma from 1992 , where villagers were subjected to forced labor, displacement, rape, torture, and killings by security forces , demonstrating a disregard for humanitarian consequences despite having supplier ethics and human rights policies.

Planet-Friendly Business

Halliburton aims to achieve a 40% reduction in Scope 1 and 2 greenhouse gas emissions by 2035, using 2018 as the baseline year, and is partnering with Tier 1 suppliers to track and reduce Scope 3 emissions.

The company's investments in electric fracturing units have resulted in a 16% reduction in emissions intensity per operating hour since 2018 , and a 4% reduction in North America's fracturing-related emissions intensity over two years. In February 2023, Halliburton launched Envana Software, a digital solution for emissions management. Nine facilities in Canada, India, and the U.S. purchase 100% renewable power, and energy-efficient lighting was installed at 26 sites globally. Halliburton is involved in low-carbon energy projects, including carbon capture, utilization, and storage, and supports clean energy startups through Halliburton Labs. As of 2023, 65 facilities held ISO 14001 certifications , and the company was named to the 2023 Dow Jones Sustainability Indices. Historically, Halliburton's cementing work contributed to the 2010 Deepwater Horizon oil spill, which led to large-scale pollution.

Respect for Cultures & Communities

In July 2018, Halliburton faced a lawsuit from the EEOC alleging harassment of Muslim employees at a Texas facility, involving derogatory name-calling by supervisors.

This indicates a reactive response to a cultural incident after external pressure.

Safe & Smart Tech

Halliburton experienced a significant cybersecurity incident in August 2024

, involving unauthorized third-party access and exfiltration of sensitive blueprints and proprietary industrial data , leading to operational disruptions . The incident was exacerbated by unpatched systems and exploitation of VPN software vulnerabilities , and the company incurred $35 million in recovery-related costs . Halliburton requires all personnel to complete an annual cybersecurity training course and OT Security training , with additional training for specific groups . Its privacy policy outlines user rights to access, transfer, delete, limit, object to, opt out of, or withdraw consent for personal information , with requests handled via email . The company's cybersecurity risk management program aligns with NIST standards (CSF, 800-53, 800-82) and IEC 62443 , and its privacy policy mentions compliance with GDPR, CCPA, and other applicable laws in the EEA, UK, and California , including explicit statements on non-sale/sharing of California residents' data .

Zero Waste & Sustainable Products

Halliburton was recognized as a sector leader in Resource Efficiency & Circularity by the Dow Jones Sustainability Indices for 2023, indicating strong integration of circular design principles.

The company has committed to establishing waste-reduction targets at its major facilities. In 2023, 65 Halliburton facilities held ISO 14001 certifications, reflecting adherence to international environmental management standards for hazardous waste management. The company implemented a water treatment plant in Ecuador that recycles 216,000 gallons of industrial wastewater annually, accounting for 95% of the water required for vehicle washing, demonstrating a significant waste reduction initiative. No waste disposal violations were reported in the provided information.