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 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 previous year, 2023, saw significantly higher emissions, with Scope 1 emissions at approximately 320,704,000 kg CO2e and Scope 2 emissions at about 36,931,000 kg CO2e, while Scope 3 emissions, primarily from the use of sold products, reached approximately 87,465,365,000 kg CO2e. EQT has set ambitious climate commitments, pledging to achieve net zero Scope 1 and Scope 2 greenhouse gas emissions by or before 2025. This commitment is part of a broader strategy to reduce absolute Scope 1 and 2 emissions by 42% by 2030 from a 2023 baseline. Additionally, EQT aims to reduce its Scope 1 emissions intensity by approximately 70% to below 160 metric tons CO2e per billion cubic feet equivalent (Bcfe) by 2025. The company is currently on track to meet its near-term targets, having achieved a 35% year-over-year reduction in Scope 1 GHG emissions intensity in its production segment. EQT's long-term ambition includes a transition plan for climate change mitigation, aiming for net zero emissions across all scopes by 2050. EQT's emissions data and climate commitments reflect its proactive approach to sustainability and its alignment with industry standards for greenhouse gas reduction.
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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?
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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.
