HLS Asia Limited

HSE Policy


HLS Asia Limited (HLSA) believes instrong Health, Safety & Environment management and will protect the health and safety of all persons affected by our business activities, and protect the environment in all of our operations. Health, safety and environmental excellence is a primary management objective and the responsibility of every HLSA employee. The Company is dedicated to continuous efforts to make its operations compatible with protecting people, property and the environment. The Company is committed, on a global basis, to achieving health, safety, and environmental excellence in all of our business practices and operations. The Company's policy is implemented through HLSA's well formulated guiding principles, primarily based on Halliburton's policy, with the oversight of the Health, Safety and Environmental Committee, and in conjunction with the Company's code of Business Conduct.

Accountability

Achievement of health, safety and environmental excellence depends heavily on the continuing participation and accountability of management. Responsibility for health and safety and the protection of the environment is a matter of corporate policy and is a matter of law, with potentially severe consequences for failure to comply. Management at all levels is responsible for ensuring that operations are conducted in accordance with this policy and that appropriate health, safety and environmental programs, procedures and systems of work have been developed and implemented for each facility and operation under their supervision.

Commitment

Management at all levels of the Company will be actively committed to the achievement of health, safety, and environmental excellence in the conduct of our business. Every manager shall demonstrate commitment to this goal and shall strive to provide adequate resources to achieve this goal and follow these principles. Through communication with our employees, it is our goal to ensure that the Company's commitment to health, safety and environmental excellence is reflected in day-to-day operations.

Organization

We will maintain and enhance a Company wide organizational structure and culture that recognizes and encourages the full and active participation of all employees in the systematic management of health, safety and environmental issues. We will also foster a culture that allows for the transfer of information and best practices across all levels of the Company.

Management Systems and Standards

We will develop, implement and continuously improve effective health, safety and environmental management systems and develop standards that reflect best industry practices. We will extend our knowledge by supporting research where practicable on the health, safety and environmental effects of our products, work practices, processes, services and waste materials.

Risk Management

We will ensure that potential health, safety and environmental risks associated with all our activities are assessed as early as is practicable in order to minimize and manage adverse effects and to identify opportunities for improvement. The Company will strive to eliminate or manage any foreseeable hazards, which may endanger health, safety or the environment.

Legislative Compliance

We will operate to standards that will comply with the requirements of appropriate national and international legislation and codes of practice and will strive beyond compliance and recognize these principles as a valued way of life. We will participate with governments and others in creating responsible laws, regulations and standards to help safeguard the workplace, community and environment. Where no regulatory controls exist, we shall adopt and impose our own health, safety and environmental standards in accordance with relevant industry standards of practice.

Training

Training is an essential element of HSE excellence. Health, safety and environmental managers and staff will be qualified through education or experience to discharge their responsibilities and will participate in a program of continuing professional development. In addition, the Company is committed to providing training and development on health, safety and environmental matters that are applicable to each employee's job duties and responsibilities. The management of each operating group shall take steps to ensure that appropriate training is conducted on a regular basis.

Emissions to Land, Air and Water

We will comply with applicable legal requirements and where the Company's standards are more stringent apply those standards to minimize the environmental impact of our activities including emissions to land, air and water.

Continuous Improvement

The Company believes that effective HSE management is good business. As in other areas of our business, the Company is committed to continuous improvement of HSE management practices. We believe that adherence to these ten principles will assist us in achieving our objectives of HSE excellence. Each year we will identify specific goals against which we will measure our progress toward HSE excellence.

Monitor, Audit and Review

Effective management requires on-going assessment and review to determine whether the health, safety and environmental policy is being appropriately implemented. Accordingly, an on-going assessment, self evaluation and audit program shall be implemented and maintained for operations throughout the Company. The objective of this program is to provide management and the Board of Directors with verification that operations are in compliance with laws, regulations, company policies and standards and to facilitate the spread of best practices throughout the Company's operations.