Public Profile

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.

23

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.

12

Industry Benchmark

Eqt's score of 23 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.

89%

Eqt's reported carbon emissions

EQT's carbon emissions data reveals a significant focus on reducing its environmental impact. In 2023, the company reported total emissions of approximately 280,824,000 kg CO2e, comprising 274,768,000 kg CO2e from Scope 1 and 6,056,000 kg CO2e from Scope 2. Notably, Scope 3 emissions, primarily from the use of sold products, reached about 105,263,123,000 kg CO2e. Over the years, EQT has demonstrated a downward trend in its Scope 1 emissions, decreasing from approximately 865,313,000 kg CO2e in 2018 to 274,768,000 kg CO2e in 2023. This represents a substantial reduction, highlighting the company's commitment to improving its operational efficiency and reducing its carbon footprint. Despite these achievements, EQT has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of formal reduction targets suggests that while the company is actively working on emissions reduction, it may not have set quantifiable goals for future reductions. EQT's emissions profile indicates a strong reliance on natural gas production, which is often viewed as a transitional energy source in the shift towards a lower-carbon economy. The company’s ongoing efforts to manage and reduce its emissions will be crucial as it navigates the evolving landscape of climate commitments and regulatory expectations.

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201820192020202120222023
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Eqt's primary industry is Gas/Diesel Oil, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Eqt is headquartered in GB, which has a rank of low, indicating low grid carbon 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 not committed to any reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers