2007 Corporate Sustainability Report - Halliburton

• Oversees participation of executive
management in the investigation and
review of serious HSE incidents
• Reviews incidents with legal counsel,
seeks guidance on legal exposures and
ramifications and the best ways to
handle them and prepares for litigation
• Reviews corrective/preventive
measures recommended by operations;
and plans follow-up to ensure
implementation of such measures.
The committee comprises the CEO (who
serves as chairman of the committee) the
executive vice president of Strategy and
Corporate Development, who also serves
as the Chief HSE Officer; the executive
vice president of Administration and
chief Human Resources officer; the
presidents of the Eastern and Western
hemispheres; the senior vice president of
the Law Department; and the director
of HSE and Operational Excellence.
Any combination of five of the members
listed above constitutes a quorum
able to discharge the responsibilities
of the committee. Permanent invitees
include the global environmental
manager, who coordinates the activities
of the committee, and the head of the
environmental legal practice group, who
serves as legal counsel to the committee.
local levels determine action plans,
responsibilities, milestones and
timelines to achieve these goals. Every
month, meetings are held locally to
discuss progress, and the executive
teams meet quarterly with countries/
regions to review progress. At the end
of the year, the executive teams select
the countries/regions that have shown
superior commitment to all three
areas of PII and honor them with the
Chief Executive Officer’s Award.
“One Is Too Many”
Campaign
In 2007, Halliburton created a
campaign to support a focused effort on
achieving a zero rate for HSE incidents
– zero fatalities, zero injuries, zero
environmental incidents, zero health
hazards, zero regulatory citations.
The campaign designed to communicate
this stringent standard is titled, “One
is too many,” and it features posters
and other materials that list examples
of the “one” that will not be tolerated:
one unbuckled seat belt, one flicked
cigarette, one frayed cable, one material
spill, one outdated fire extinguisher,
one speeding incident. The campaign
has been rolled out to facilities and is
expected to be fully deployed in 2008.
Improved Reporting on
Environmental Metrics
Every year, Halliburton works to
make improvements in tracking and
reporting our environmental data.
In 2007, the Environmental PII team
provided the framework for progress
and served as a major driver behind
improvements in gathering data. The
plan required new efforts to capture
information about fuels, water usage
and waste, and sustained efforts on
recording utility usage for our facilities.
In this year’s report, for the first time,
we are providing new metrics on
utility usage data. This data represents
information on 100 percent of our
U.S. and Canada facilities and about
50 percent of our other non-U.S.
facilities. We are continuing to focus
on our data capture for international
locations and are committed to
improving the percentage reporting
to all of our facilities worldwide.
As a result of this stronger focus, new
programs and better reporting on
environmental issues, our score in
the Environment category of the Dow
Jones Sustainability Index (DJSI) for
2007 increased to 57, 19 points higher
than our 2006 score. (The industry
sector average was 29 and the sector
Performance Improvement
Initiative
Dow Jones Sustainability Index
Overall Score Environmental Dimension
Maximum possible score = 100
A decade ago, Halliburton launched
a program called the Performance
Improvement Initiative (PII). PII
focuses on three areas that are
critical to the company’s success and
sustainability: Health and Safety,
Service Quality and Environment.
31 33
2004
66 66 68
52
39 38 37
2005
2006
57
29
2007
70
At the beginning of each year, executive
teams representing these three areas
set objectives and formulate strategies.
Mirror teams at the regional and
Halliburton Score
Industry Sector Average Score
Overall Sector Leader
Corporate Sustainability Report 2007 21