Halliburton Named To Dow Jones Sustainability Index Listing
2,500 companies compete globally to be a part of this listing
HOUSTON - Halliburton (NYSE: HAL) has been selected as a 2010 North America and World Leader by the Dow Jones Sustainability Index (DJSI) in the Global Oil Services sector. The criteria for becoming a part of this elite group is based on a “thorough analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, branding, climate change mitigation, supply chain standards and labor practices,” according to the DJSI web site.
Some 40 worldwide oilfield services companies were reviewed and only Halliburton and six other companies were selected as world leaders in the sector and only Halliburton and two other companies were selected as North America leaders. There are 16 subcategories in the sector – four related to economics, three related to environmental, and nine related to social activities. Halliburton is the sector leader in four of the 16 subcategories – Human Capital Development in which Halliburton had the highest score possible; and best in class in the three other categories in which it led – Standards for Suppliers, Corporate Governance, and Customer Relationship Management.
“This is recognition that the services, products and company programs that Halliburton provides are among the best in the world,” said Dave Lesar, chairman, president and CEO, Halliburton. “We make our business decisions and develop our best practices with the goal in mind of offering competitive, safe and superior products and services. This is the result of our efforts.”
Launched in 1999, the Dow Jones Sustainability Indexes are the first global indexes tracking the financial performance of the leading sustainability-driven companies worldwide. Dow Jones teams with Strategic Asset Management (SAM) to publish the report. SAM evaluates 57 industry sectors and approximately 2,500 companies globally and selects world and regional leaders in each industry sector. The information provides asset managers with reliable and objective benchmarks to manage sustainability portfolios.
Founded in 1919, Halliburton is one of the world’s largest providers of products and services to the energy industry. With more than 50,000 employees in approximately 70 countries, the company serves the upstream oil and gas industry throughout the lifecycle of the reservoir – from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production through the life of the field. Visit the company’s Web site at www.halliburton.com.
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