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 46 is higher than 79% 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 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. This reflects a significant commitment to reducing their carbon footprint, with a target to achieve net zero Scope 1 and Scope 2 emissions by or before 2025. EQT has set ambitious reduction initiatives, including a 42% reduction in absolute Scope 1 and 2 GHG emissions by 2030 from a 2023 baseline. Additionally, they aim to reduce Scope 1 emissions intensity to below 160 metric tons CO2e per unit of gross production (Bcfe), representing a reduction of approximately 70% compared to 2018 levels. In 2023, EQT's emissions were reported as 309,228,000 kg CO2e for Scope 1, 125,870,000 kg CO2e for Scope 2, and 21,973,000 kg CO2e for Scope 3. The company has demonstrated a year-over-year reduction in Scope 1 emissions intensity, achieving a 35% decrease in their production segment. EQT's climate commitments are not only focused on immediate targets but also include long-term aspirations for net zero emissions by 2050 across all scopes. These initiatives underscore EQT's dedication to sustainability and climate resilience within the energy sector.
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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 | 00,000,000 | 000,000,000 | 00,000,000 |
| Scope 3 | - | - | 00,000,000,000 | 000,000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
