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.
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.
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.
Eqt's score of 34 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, EQT reported significant carbon emissions, with total Scope 1 emissions at approximately 745,016,000 kg CO2e, Scope 2 emissions at about 80,000,000 kg CO2e, and Scope 3 emissions from the use of sold products reaching approximately 113,701,598,000 kg CO2e. This data reflects a comprehensive approach to emissions reporting, covering all three scopes. EQT has set ambitious climate commitments, pledging to achieve net zero for both Scope 1 and Scope 2 greenhouse gas emissions by or before 2025. This target is part of their broader strategy to reduce their carbon footprint significantly. Specifically, they aim to reduce Scope 1 GHG emissions intensity to below 160 metric tons CO2e per billion cubic feet equivalent (Bcfe), representing a reduction of approximately 70% from 2018 levels. In 2023, EQT achieved a 35% year-over-year reduction in Scope 1 GHG emissions intensity, demonstrating progress towards their targets. Additionally, they have committed to a 42% reduction in absolute Scope 1 and Scope 2 GHG emissions by 2030, using 2023 as the baseline year. EQT's climate initiatives are not only focused on immediate reductions but also include long-term strategies for climate resilience, with a vision to reach net zero emissions across all scopes by 2050. This commitment aligns with industry standards and reflects a proactive stance in addressing climate change.
Access structured emissions data, company-specific emission factors, and source documents
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 | 00,000,000,000 | 000,000,000,000 | 000,000,000,000 |
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.