Halliburton Company

NYSE: HAL18Greenwashing / Harmful· Provisional

0 followersOil & gas·Houston, TX, United States·Founded 1919

Major oilfield services company specialising in cementing, drilling, completion, and production services; its business is structurally dependent on continued fossil fuel extraction expansion.

18/100

Greenwashing / Harmful· Provisional

ClimateTicker Green Score · how it's calculated

Greenwashing risk: highData confidence: high

Why it's on ClimateTicker

Halliburton is structurally a fossil-fuel enabler: its entire revenue base depends on expanding oil and gas extraction, and its own proxy materials project oil and gas demand growing 'over the next several years.' The company has set a self-reported 40% Scope 1+2 intensity reduction target by 2035 but this was never independently validated by SBTi despite a 2020 commitment letter; Scope 3 (the overwhelming share of lifecycle emissions from the hydrocarbons it helps extract) is barely addressed. Marginal moves into geothermal and CCUS do not alter the core business thesis.

harmfulHalliburton sells oilfield services — cementing, drilling, completion, production, and digital reservoir tools — to upstream oil and gas operators worldwide, earning revenue only when those operators drill and produce more hydrocarbons.

Commitments & Certifications

other: CPA-Zicklin Index Trendsetter — Score 93/100 (2023) ↗SBTi: Commitment letter submitted 2020; targets NOT validated as of 2026 ↗

Controversy & Greenwashing Watch

highAsbestos Liability — $1.98 Billion+ Paid via Trust

Halliburton's asbestos trust has paid more than $1.98 billion to date across tens of thousands of mesothelioma and asbestos-related claims stemming from subsidiaries' historical use of asbestos.source ↗

highEPA Fracking Chemicals Transparency Refusal

Halliburton has been criticised for refusing to comply with EPA requests for transparency regarding chemicals used in its hydraulic fracturing operations.source ↗

mediumLobbying Against Oil & Gas Permit Phase-Out

LobbyMap documented Halliburton actively opposing a Colorado bill proposing phase-out of oil and gas permits in 2024, consistent with a broader posture unsupportive of a fossil fuel transition.source ↗

mediumSBTi Commitment Abandoned Without Validation

Despite publicly committing in 2020 to submit SBTi-validated science-based targets by 2022, Halliburton has not achieved SBTi validation as of mid-2026, leaving its climate pledges without independent scientific endorsement.source ↗

mediumOklahoma Groundwater Contamination Settlement

Halliburton Energy Services settled with over 100 Oklahoma residents alleging groundwater contamination from a site where subsidiaries failed to properly clean up after industrial contract work ending in 1990.source ↗

highIllegal Whistleblower Retaliation (SEC Ruling)

In 2015 Halliburton was found guilty in court of illegally retaliating against a whistleblower who raised concerns about the company concealing billions of dollars.source ↗

highDeepwater Horizon $1.1 Billion Settlement

Halliburton agreed to pay $1.1 billion to settle legal claims arising from the 2010 Deepwater Horizon blowout, the worst offshore oil spill in US history, in which its cementing work was a central factor.source ↗

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