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OrganisationsEqt
Eqt logo

Eqt

Gas/Diesel OilUnited KingdomNYSE: EQT
Last verified 4 months agoeqt.com

EQT Corporation, commonly referred to as EQT, is a leading player in the gas and diesel oil industry, headquartered in Great Britain. Founded in the early 20th century, EQT has established itself as a significant force in the energy sector, focusing on the exploration and production of natural gas and oil. With major operational regions across the UK and Europe, the company is renowned for its commitment to sustainable energy practices and innovative extraction techniques.

EQT's core offerings include high-quality gas and diesel oil products, distinguished by their efficiency and environmental considerations. The company has achieved notable milestones, including advancements in technology that enhance production capabilities while minimising ecological impact. As a market leader, EQT continues to set industry standards, driving progress in the energy landscape.

75
DitchCarbon score

+55 vs industry average

Eqt’s score of 75 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

High

Gas/Diesel Oil has above-average carbon intensity

Industry performance

0.698
20182025

The Gas/Diesel Oil industry has reduced its overall emissions by 23% since 2018

Emissions trajectory 2020 – 2028

000.0B00.0B00.0B00.0B0

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202020212022202320242025202620272028

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Eqt's reported carbon emissions

EQT, a company in the Gas/Diesel Oil industry headquartered in GB, has reported significant carbon emissions data and climate commitments.

For the 2023 reporting year, EQT's total global emissions, encompassing Scope 1, 2, and 3, amounted to approximately 93.1 billion kg CO2e. Broken down by scope, Scope 1 emissions were approximately 320.7 billion kg CO2e, Scope 2 emissions were about 36.9 billion kg CO2e, and Scope 3 emissions were approximately 87.5 trillion kg CO2e. Scope 1 emissions intensity for the gathering and boosting segment was reported at 0.00057 tonnes CO2e per unit of revenue.

In 2022, global emissions totalled approximately 105.8 billion kg CO2e, with Scope 1 emissions at approximately 478.5 million kg CO2e, Scope 2 emissions at about 4.3 million kg CO2e, and Scope 3 emissions at approximately 101 billion kg CO2e.

EQT has made several climate commitments, including a pledge to achieve net zero Scope 1 and Scope 2 greenhouse gas (GHG) emissions by or before 2025. This target has been reiterated across various reports and ESG presentations. Furthermore, EQT has committed to reducing its Scope 1 GHG emissions intensity by approximately 70% from 2018 levels, aiming for below 160 metric tons CO2e per billion cubic feet equivalent (Bcfe) by 2025. A more recent commitment, established from a 2023 base year, involves reducing absolute Scope 1 and 2 GHG emissions by 42% by 2030. For its real estate investment portfolio, EQT has set a target to reduce in-use operational GHG emissions by 52.5% per square meter by 2030. The company also aims to build climate resilience and reach net zero greenhouse gas emissions by 2050 as part of its long-term ambition.

It is important to note that for 2023, EQT's Scope 3 emissions data is missing the "purchased goods and services" category. For 2024 and 2025, the data indicates Scope 1 emissions of approximately 17,000 kg CO2e and 16,000 kg CO2e respectively, and Scope 2 emissions of approximately 1.3 million kg CO2e for both years. Scope 3 emissions for 2024 were around 20.6 billion kg CO2e, and approximately 23.5 billion kg CO2e for 2025. The data for 2017 shows no disclosed emissions data.

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Eqt’s Climate Goals (2030 & 2050)

10 goals

2030

42% reduction in Scope 1

EQT commits to reduce absolute scope 1 and 2 GHG emissions 42% by 2030 from a 2023 base year.

On track42%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

1 of 15 categories disclosed
Business Travel1%
Business Travel1%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Eqt logoEqt
GBGas/Diesel Oil
4 months ago
75
Evergy logoEvergy
USElectricity from Other Sources
4 days ago
35
View
Western Midstream logoWestern Midstream
USBusiness Services
4 days ago
33
View
Peabody Energy logoPeabody Energy
GBRecycled Raw Materials
4 days ago
30
View
DCP Midstream, LLC logoDCP Midstream, LLC
US-
4 days ago
25
View
Murphy Oil logoMurphy Oil
USGas/Diesel Oil
4 days ago
23
View
California Resources logoCalifornia Resources
USGas/Diesel Oil
3 days ago
23
View

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