COBC - Code of Business Conduct - Halliburton

Anti-Bribery and Anti-Corruption
Prohibition of Bribery
Bribes are illegal in virtually every country. Because
Halliburton conducts business around the world, we
are subject to numerous laws that prohibit receiving,
offering, providing or authorizing the payment of
bribes of any kind to anyone. These include the U.S.
Foreign Corrupt Practices Act (FCPA) and the U.K.
Bribery Act 2010 (U.K. Bribery Act), which apply to
our operations around the world.
At Halliburton, we do not bribe or use any other
means to improperly influence the decisions of
others, including customers, potential customers or
government officials. No Halliburton employee may
authorize, provide or offer anything of value (or do
so through a third party) to a government official,
company or individual for the purpose of obtaining
or retaining business, gaining influence, or seeking
any other advantage for the Company. It is also illegal
for Halliburton employees to accept bribes or
request anything of value from suppliers or other
third parties.
No employee will ever be disciplined for refusing
to pay a bribe, regardless of its impact on sales,
profitability, project completion or other aspects
of our business. The ultimate cost and long-term
detrimental effects of bribery and corruption far
outweigh any short-term benefits.
Failure to comply with any anti-bribery laws will
result in disciplinary action, up to and including
termination of employment. Additionally, violations
of anti-bribery laws, including both the FCPA and
the U.K. Bribery Act, may result in criminal and
civil penalties for both the Company and individual
employees. These penalties can include significant
fines and jail terms for those involved.
Take Note!
A “foreign government employee” means
an individual who is a non-U.S. government
employee, including any officer or employee
of a foreign government unit or national oil
company.
Regulators consider government employees,
candidates for political office, party officials,
members of the royal family, and even all
employees of government-owned businesses
(such as national oil companies) to be
“government officials.” Also included are
officials and employees of public international
organizations such as the World Bank.
In addition, gifts or bribes to a family member
of a government official can be considered to be
bribes to foreign officials.
Be aware that the bribery of foreign government
employees and the bribery of commercial
personnel are both prohibited by this Code.
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