Halliburton Company, a leading player in the crude petroleum industry, is headquartered in the United States and operates extensively across major oil-producing regions worldwide. Founded in 1919, Halliburton has established itself as a key provider of services related to crude oil extraction, excluding surveying, and has achieved significant milestones throughout its history.
The company offers a diverse range of core products and services, including drilling, evaluation, completion, and production solutions, which are designed to enhance efficiency and safety in oil extraction processes. Halliburton's innovative technologies and commitment to sustainability set it apart in a competitive market.
With a strong market position, Halliburton is recognised for its contributions to the energy sector, consistently delivering value to clients while adapting to the evolving demands of the industry.
+6 vs industry average
Halliburton’s score of 21 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Crude Oil Extraction is among the most carbon-intensive industries
Industry performance
The Crude Oil Extraction industry has reduced its overall emissions by 90% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Halliburton's reported carbon emissions
Halliburton, a US-based company in the crude petroleum and services related to crude oil extraction industry (excluding surveying), has reported its greenhouse gas emissions across Scope 1, 2, and 3. For the 2024 reporting year, Halliburton's total emissions were approximately 4.37 billion kg CO2e. This comprised Scope 1 emissions of about 3.02 billion kg CO2e, Scope 2 emissions (market-based) of approximately 1.34 billion kg CO2e, and Scope 3 emissions of about 213 million kg CO2e. In 2023, total emissions were around 4.51 billion kg CO2e, with Scope 1 at approximately 3.44 billion kg CO2e, Scope 2 (market-based) at about 843 million kg CO2e, and Scope 3 at approximately 203 million kg CO2e. Looking back, in 2022, total emissions were approximately 3.73 billion kg CO2e, including Scope 1 at about 3.32 billion kg CO2e, Scope 2 (market-based) at around 405 million kg CO2e, and Scope 3 at approximately 177 million kg CO2e. In 2021, total emissions stood at approximately 3.91 billion kg CO2e, with Scope 1 at about 3.50 billion kg CO2e, Scope 2 (market-based) at around 249 million kg CO2e, and Scope 3 at approximately 156 million kg CO2e. Halliburton's climate commitments include a long-term target to reach net zero for Scope 1 and Scope 2 greenhouse gas emissions by 2040. The company has reported emissions data across all scopes for several years, with Scope 3 data often missing reporting for purchased goods and services. Halliburton's emissions data is not cascaded from a parent organisation.
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Halliburton’s Climate Goals (2030 & 2050)
2 goals2040
Reach net zero Scope 1 and Scope 2 GHG emissions by 2040
Reach net zero Scope 1 and Scope 2 GHG emissions by 2040.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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