Public Policy

Public Policy

The regulatory environment for the global energy industry is continually evolving, and Halliburton stays engaged on significant public policy issues that affect the Company and its global workforce. The Company’s corporate political participation (including contributions of funds or use of facilities and resources) complies with all applicable laws. While Halliburton has contracts with some state-owned enterprises (SOEs), the Company does not receive any revenue from government contracts.

Halliburton does not make contributions to political candidates or political parties. The Company believes that employees should take an active interest in fostering principles of good government in the countries, states and communities in which they live. 

While employees may spend their own time and funds as private citizens supporting political candidates, parties or committees, or for political advocacy, Halliburton does not reimburse employees in any way for their time, funds or any political contributions. Employees are prohibited from using the Company’s name, time, funds or assets to personally support political candidates, parties or committees, or for political advocacy.

The Halliburton Company Political Action Committee (HALPAC) was established in the U.S. as a means for our employees, through their voluntary contributions, to support candidates whose views on matters affecting the industry represent the best interests of Halliburton and its employees. 

HALPAC is a multi-candidate, non-partisan political action committee, and a candidate’s eligibility for support is evaluated by the HALPAC Board based on a variety of criteria. Criteria includes the candidate’s record on business-related issues, the leadership and committee assignments for which the candidate might be eligible, and the extent of Halliburton facilities and employees within the candidate’s district and state. 

Halliburton meets with public officials and policy makers on matters that are of importance to our business, customers, employees and other stakeholders. We also participate in public policy discussions through our membership in trade and business associations. These organizations engage in legislative activity regarding matters that affect our entire industry, but not on behalf of any individual member. 

Employee training on compliance with the Company’s policies on political activities and lobbying is covered as part of required COBC training every two years. Further information on the Company’s public policy engagement and contributions, as well as a list of U.S. trade and business associations for which our 2020 membership dues were USD 50,000 or more annually, can be found on the Public Policy page of the Halliburton website.