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) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 3,022,264a | 3,443,174b | 3,320,350b | |
Total Scope 2 | ||||
Market-Based | 1,342,007a | 843,376b | 405,114b | |
Location-Based | 1,345,472a | 845,388b | 406,684b | |
Unspecified Calculation Method | N/A | N/A | N/A | |
Total Scope 3 | N/A | 203,023b | 177,342b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 131.7235a | 149.5861b | 163.5882b |
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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.ab
In 2024, the total Scope 1 emissions of Halliburton were 3,022,264 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Halliburton's Scope 1 emissions have decreased by 30.59%, reflecting a declining long-term trend in Scope 1 emissions over time.ac
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.ab
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
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 energyab
In 2024, Halliburton reported its Scope 2 emissions using the market-based method and using the location-based method.a
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
In 2024, Halliburton reported a Scope 1 emissions intensity of 131.72 tCO₂e per millions USD. Compared to the peer group median of 21.31, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Halliburton ranked 19 out of 24 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