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Crude Oil Extraction
US
updated 12 days ago

Halliburton Sustainability Profile

Company website

Halliburton Company, a leading player in the energy sector, is headquartered in the United States and operates extensively across key regions including North America, the Middle East, and Asia. Founded in 1919, Halliburton has established itself as a pioneer in oilfield services, providing a comprehensive range of solutions that encompass drilling, evaluation, completion, and production. The company is renowned for its innovative technologies and services, such as hydraulic fracturing and reservoir management, which enhance oil and gas extraction efficiency. Halliburton's commitment to safety and sustainability further distinguishes it in a competitive market. With a strong global presence and a reputation for reliability, Halliburton continues to achieve significant milestones, solidifying its position as a trusted partner in the energy industry.

DitchCarbon Score

How does Halliburton's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

25

Industry Average

Mean score of companies in the Crude Oil Extraction industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

13

Industry Benchmark

Halliburton's score of 25 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.

55%

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Halliburton's reported carbon emissions

In 2024, Halliburton reported total carbon emissions of approximately 4,668,000,000 kg CO2e, comprising 3,022,264,000 kg CO2e from Scope 1, 1,342,007,000 kg CO2e from Scope 2 (market-based), and 212,950,000 kg CO2e from Scope 3 emissions. This marked a reduction from 2023, where total emissions were about 4,672,000,000 kg CO2e, with Scope 1 emissions at 3,443,174,000 kg CO2e, Scope 2 at 843,376,000 kg CO2e, and Scope 3 at 203,023,000 kg CO2e. Over the past few years, Halliburton has demonstrated a commitment to reducing its carbon footprint. In 2022, the company reported total emissions of approximately 4,500,000,000 kg CO2e, with Scope 1 emissions at 3,320,350,000 kg CO2e and Scope 2 at 405,114,000 kg CO2e. The trend indicates a gradual decrease in emissions, particularly in Scope 1, which is critical as it reflects direct emissions from owned or controlled sources. Despite these reductions, Halliburton has not set specific science-based targets (SBTi) for emissions reduction, nor have they made formal climate pledges. The company continues to disclose its emissions data transparently, which is essential for tracking progress and accountability in the context of global climate commitments. Overall, Halliburton's emissions data reflects ongoing efforts to manage and reduce carbon emissions, although further commitments and targets would enhance their climate strategy.

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2014201520162018201920202021202220232024
Scope 1
-
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 2
-
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
0,000,000,000
Scope 3
-
000,000,000
00,000,000
00,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000

How Carbon Intensive is Halliburton's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Halliburton's primary industry is Crude Oil Extraction, which is very high in terms of carbon intensity compared to other industries.

How Carbon Intensive is Halliburton's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Halliburton is in US, which has a low grid carbon intensity relative to other regions.

Halliburton's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Halliburton has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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