Halliburton Co

Common Name
Halliburton
Country
United States
Sector
Energy
Industry
Oil & Gas Equipment & Services
Employees
47,000
Ticker
HAL
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Halliburton Co. is a prominent American multinational corporation that provides products and services to the energy industry, with a particular focus on oil and gas exploration, development, and produ...

Halliburton's GHG Emissions Data Preview

In 2024, Halliburton completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).

However, Halliburton has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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b
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b
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Location-Based
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b
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Unspecified Calculation Method
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Total Scope 3
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b
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Halliburton’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Halliburton’s data sources below and access millions more through our Disclosure Search.

a. Halliburton's ISAE Assurance Statement 2024
a. Halliburton's ISAE Assurance Statement 2024
b. Halliburton's Annual Report 2023
b. Halliburton's Annual Report 2023
c. Halliburton's Annual Report 2020
c. Halliburton's Annual Report 2020

Insights into Halliburton's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Halliburton amounted to 4,367,736 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Halliburton increased by 1.85%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b

Halliburton's Scope 1 Emissions Over Time

201820192020202120222023202401.5 M3 M4.5 M6 MtCO2e-1%-40%+33%-5%+4%-12%
  • Total Scope 1
  • Year-over-Year Change

What are Halliburton's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Halliburton were 3,022,264 metric tons of CO₂ equivalent (tCO₂e). a

Has Halliburton reduced its Scope 1 emissions over time?

Since 2018, Halliburton's Scope 1 emissions have decreased by 31.39%, reflecting a declining long-term trend in Scope 1 emissions over time. a c

Compared to the previous year (2023), Halliburton's Scope 1 emissions decreased by 12.22%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a b

What are Halliburton's Scope 2 emissions?

In 2024, Halliburton reported Scope 2 greenhouse gas (GHG) emissions of 1,342,007 tCO₂e using the market-based method and 1,345,472 tCO₂e using the location-based method. a

Has Halliburton reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Halliburton's Scope 2 emissions (Location-Based) rose by 59.15% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a b

What methodology does Halliburton use for Scope 2 reporting?

In 2024, Halliburton reported its Scope 2 emissions using the market-based method and using the location-based method. a

Halliburton's Scope 2 Emissions Over Time

20182019202020212022202320240350 k700 k1.05 M1.4 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Halliburton’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Halliburton reported Scope 1 greenhouse gas (GHG) emissions of 3,022,264 tCO₂e and total revenues of USD 22,944 millions. This translates into an emissions intensity of 131.72 tCO₂e per millions USD. a

Halliburton's Scope 1 Emissions Intensity Compared to Peers

2,00020,000500,0005,000,000100,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000200,000Revenues (Millions of USD)TidewaterYear: 2023Scope 1: 1,074,336 tCO2eRevenue: $M 1,010Scope 1 Intensity: 1,063.71 tCO2e/$MDevon EnergyYear: 2024Scope 1: 6,020,000 tCO2eRevenue: $M 15,940Scope 1 Intensity: 377.67 tCO2e/$MAntero ResourcesYear: 2023Scope 1: 221,063 tCO2eRevenue: $M 4,279Scope 1 Intensity: 51.66 tCO2e/$MOil States InternationalYear: 2024Scope 1: 18,094 tCO2eRevenue: $M 693Scope 1 Intensity: 26.13 tCO2e/$MArchrockYear: 2023Scope 1: 17,663 tCO2eRevenue: $M 990Scope 1 Intensity: 17.84 tCO2e/$MEQT CorpYear: 2023Scope 1: 668,626 tCO2eRevenue: $M 5,070Scope 1 Intensity: 131.88 tCO2e/$MLiberty EnergyYear: 2023Scope 1: 2,329,847 tCO2eRevenue: $M 4,748Scope 1 Intensity: 490.71 tCO2e/$MWilliams CompaniesYear: 2023Scope 1: 13,640,000 tCO2eRevenue: $M 10,907Scope 1 Intensity: 1,250.57 tCO2e/$MWeatherford InternationalYear: 2023Scope 1: 116,153 tCO2eRevenue: $M 5,135Scope 1 Intensity: 22.62 tCO2e/$MBaker HughesYear: 2024Scope 1: 386,367 tCO2eRevenue: $M 27,829Scope 1 Intensity: 13.88 tCO2e/$MCheniere EnergyYear: 2023Scope 1: 9,730,770 tCO2eRevenue: $M 20,394Scope 1 Intensity: 477.14 tCO2e/$MDiamondback EnergyYear: 2023Scope 1: 1,757,044 tCO2eRevenue: $M 8,412Scope 1 Intensity: 208.87 tCO2e/$MDelek US HoldingsYear: 2023Scope 1: 2,700,000 tCO2eRevenue: $M 16,917Scope 1 Intensity: 159.60 tCO2e/$MOvintivYear: 2024Scope 1: 4,669,988 tCO2eRevenue: $M 9,152Scope 1 Intensity: 510.27 tCO2e/$MMRC GlobalYear: 2023Scope 1: 13,802 tCO2eRevenue: $M 3,412Scope 1 Intensity: 4.05 tCO2e/$MNovYear: 2024Scope 1: 135,554 tCO2eRevenue: $M 8,870Scope 1 Intensity: 15.28 tCO2e/$MEOG ResourcesYear: 2023Scope 1: 5,700,000 tCO2eRevenue: $M 23,182Scope 1 Intensity: 245.88 tCO2e/$MKodiak Gas ServicesYear: 2023Scope 1: 20,951 tCO2eRevenue: $M 850Scope 1 Intensity: 24.64 tCO2e/$MSlbYear: 2023Scope 1: 1,469,000 tCO2eRevenue: $M 33,135Scope 1 Intensity: 44.33 tCO2e/$MConocoPhillipsYear: 2024Scope 1: 15,500,000 tCO2eRevenue: $M 54,745Scope 1 Intensity: 283.13 tCO2e/$MOceaneering InternationalYear: 2023Scope 1: 44,690 tCO2eRevenue: $M 2,425Scope 1 Intensity: 18.43 tCO2e/$MPlains GP HoldingsYear: 2023Scope 1: 832,000 tCO2eRevenue: $M 48,712Scope 1 Intensity: 17.08 tCO2e/$MHalliburtonYear: 2024Scope 1: 3,022,264 tCO2eRevenue: $M 22,944Scope 1 Intensity: 131.72 tCO2e/$M

How does Halliburton's GHG emissions intensity compare to its peers?

In 2024, Halliburton reported a Scope 1 emissions intensity of 131.72 tCO₂e per millions USD. Compared to the peer group median of 91.77 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Halliburton rank on GHG emissions intensity within its industry?

In 2024, Halliburton ranked 12 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Halliburton is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

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