Eqt Sustainability Profile
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 49 is higher than 82% 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 2024, EQT Corporation reported total greenhouse gas emissions of approximately 745,016,000 kg CO2e for Scope 1, 80,000,000 kg CO2e for Scope 2, and 22,899,000 kg CO2e for Scope 3 emissions. The previous year, 2023, saw similar figures with Scope 1 emissions at about 309,228,000 kg CO2e, Scope 2 at 125,870,000 kg CO2e, and Scope 3 at 21,973,000 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. This commitment is part of a broader strategy to reduce Scope 1 GHG emissions intensity by approximately 70% to below 160 metric tons CO2e per billion cubic feet equivalent (Bcfe) by the same year. The company has reported a 35% year-over-year reduction in Scope 1 emissions intensity as of 2023. EQT's long-term climate strategy includes a transition plan aimed at achieving net zero greenhouse gas emissions by 2050, with specific targets for reducing absolute Scope 1 and Scope 2 emissions by 42% by 2030 from a 2023 baseline. These initiatives reflect EQT's commitment to sustainability and its proactive approach to addressing climate change. All emissions data is sourced directly from EQT Corporation, with no cascaded data from parent or related organizations.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 865,313,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | - | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | - | - | 00,000,000,000 | 000,000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Eqt's Industry?
How Carbon Intensive is Eqt's Location?
Eqt's Scope 3 Categories Breakdown
Eqt's Scope 3 emissions, which increased by 4% last year and decreased by approximately 100% since 2020, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 3% of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 496535% of Scope 3 emissions.
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Eqt's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Eqt has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
