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 53 is higher than 85% 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 23,266,000 kg CO2e, comprising 33,000 kg CO2e from Scope 1, 334,000 kg CO2e from Scope 2, and about 22,899,000 kg CO2e from Scope 3 emissions. The total emissions for 2023 were significantly higher, at approximately 87,823,000 kg CO2e, with Scope 1 emissions at 320,704,000 kg CO2e, Scope 2 at 36,931,000 kg CO2e, and Scope 3 emissions reaching approximately 87,465,365,000 kg CO2e. EQT has set ambitious climate commitments, pledging to achieve net zero Scope 1 and Scope 2 GHG emissions by or before 2025. This commitment is part of their broader strategy to reduce their carbon footprint and enhance sustainability practices. Additionally, they aim to reduce Scope 1 GHG emissions intensity by approximately 70% to below 160 metric tons CO2e per billion cubic feet equivalent (Bcfe) by 2025, compared to 2018 levels. EQT's long-term climate strategy includes a transition plan for climate change mitigation, with a goal to reach net zero greenhouse gas emissions by 2050. They have also committed to reducing absolute Scope 1 and 2 GHG emissions by 42% by 2030 from a 2023 base year. Overall, EQT's proactive approach to managing carbon emissions reflects their commitment to environmental sustainability and aligns with industry standards for climate action.
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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 | 00,000 |
| Scope 2 | - | - | 0,000,000 | 0,000,000 | 000,000 | 00,000,000 | 000,000 |
| Scope 3 | - | - | 00,000,000,000 | 000,000,000,000 | 00,000,000 | 00,000,000,000 | 00,000,000 |
How Carbon Intensive is Eqt's Industry?
How Carbon Intensive is Eqt's Location?
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.
