Eqt
EQT, officially known as EQT Corporation, is a leading independent natural gas and oil company headquartered in Great Britain. Founded in 1888, EQT has established itself as a key player in the energy sector, primarily focusing on the exploration and production of natural gas. With significant operations in the Appalachian Basin, the company has achieved notable milestones, including advancements in sustainable energy practices. EQT's core offerings include natural gas production and midstream services, distinguished by their commitment to innovation and environmental stewardship. The company is recognised for its strong market position, being one of the largest producers of natural gas in the United States. EQT continues to drive industry standards through its strategic initiatives and dedication to responsible resource management.
DitchCarbon Score
How does Eqt's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Gas/Diesel Oil industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Eqt's score of 31 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Eqt's reported carbon emissions
In 2023, EQT reported total greenhouse gas emissions of approximately 274,768,000 kg CO2e for Scope 1, 6,056,000 kg CO2e for Scope 2, and a significant 105,263,123,000 kg CO2e for Scope 3 emissions, primarily from the use of sold products. This brings their combined Scope 1 and 2 emissions to about 280,824,000 kg CO2e. EQT has set ambitious climate commitments, pledging to achieve net zero for both Scope 1 and Scope 2 emissions by or before 2025. They aim to reduce their Scope 1 GHG emissions intensity by approximately 70% to below 160 metric tons CO2e per billion cubic feet equivalent (Bcfe) by the same year. In 2022, they achieved a 35% year-over-year reduction in Scope 1 emissions intensity, demonstrating progress towards their targets. EQT's commitment to sustainability is underscored by their focus on reducing emissions across all scopes, with a particular emphasis on Scope 1 and 2, which are directly under their control. Their proactive approach aligns with industry standards and reflects a growing trend among energy companies to address climate change through measurable and actionable goals.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 865,313,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | 00,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Eqt is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
