2007 Corporate Sustainability Report - Halliburton

Corporate Giving
Total Contributions
in millions of U.S. dollars
$231.2
2004
Halliburton Foundation (cash)
in millions of U.S. dollars
$1.99
2004
$141.5
2005
$2.23
2005
$364.6
2006
$2.19
2006
In-Kind Donations (non-cash)
in millions of U.S. dollars
$352.6
2007
$3.01
2007
The DRP is administered by ombudsmen
who adhere strictly to the code of
ethics and standards of practice of the
International Ombudsman Association.
The code is defined by three key
principles: neutrality, independence
and confidentiality. Communication
with the DRP is considered privileged
and, as such, does not constitute notice
to the company.
Senior management has shown
unfaltering support for the DRP and
strong confidence in its effectiveness,
with the result that about 91 percent
of cases have been resolved internally.
Addressing interpersonal conflict
internally allows for quicker resolution,
repairs damaged relationships and fosters
better working environments. Not only
does internal resolution save time and
money, but research has also shown that
it has a direct, positive impact on safety
performance, customer satisfaction,
productivity and employee retention.
Community Impact: It starts
with being good neighbors.
organizations; the environment; the
arts; and other life-enriching programs.
The organizations that are supported
by the company are primarily those
that are important to, and in many
cases selected by, our employees.
A major focus of the company’s giving
is education. In 2007, Halliburton
Foundation Inc. contributed $3.01
million to elementary, secondary and
higher education institutions worldwide.
Through its University Software
Grant Program, Halliburton provided
software valued at $348 million to 59
universities in 18 countries to use as
learning and teaching aides. Using
cutting-edge Landmark software in
college accelerates the learning curve
for engineering and geosciences
students. In addition, when they enter
the workforce, they are equipped to be
more productive more quickly. More
than 300 software grants have been
awarded since 1996 to institutions in
several countries including the U.K.,
Newfoundland, Nigeria, the United
Arab Emirates and Kazakhstan.
$227.0
2004
Direct Cash
in millions of U.S. dollars
$2.25
2004
$136.2
2005
$3.10
2005
$360.1
2006
$2.34
2006
$347.3
2007
$2.36
2007
Being a considerate and helpful neighbor
has been fundamental to Halliburton’s
culture from the earliest days of the
company. We believe that improving
the quality of life in the communities
where we operate is good business, and
that business goals and social goals
must be compatible for Halliburton to
remain a leader in the world market.
Community Relations Overview
Halliburton gives back to communities
through corporate financial
contributions, employee giving and
employee volunteerism. In 2007,
Halliburton’s corporate giving
totaled $352.6 million to hundreds
of nonprofit organizations around
the globe. These funds supported
education, health and social services
Employee Giving
Our Giving Choices program enables
employees to make contributions to
charities they select and to receive a
10 percent matching donation from
Halliburton. The program – which has
been available in Australia, Canada,
the U.S. and the U.K. – was expanded
this year into seven Middle Eastern
countries, timed to coincide with the
Muslim holy month of Ramadan.
Overall, Halliburton employees
pledged $2.9 million to approximately
1,080 charities worldwide in 2007.
Our employees’ impulse to generosity
stirs them to give of their time and
energy, too. To help employees find
opportunities that match their passions
and personal commitments, Halliburton
36 Corporate Sustainability Report 2007