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 49 is higher than 82% 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 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. The previous year, 2023, saw Scope 1 emissions at about 309,228,000 kg CO2e, Scope 2 at 125,870,000 kg CO2e, and Scope 3 at 21,973,000 kg CO2e. This indicates a significant commitment to reducing emissions across all scopes. EQT has set ambitious targets to achieve net zero for Scope 1 and Scope 2 emissions by or before 2025. This commitment is part of their broader strategy to enhance sustainability and reduce their carbon footprint. 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. The company is on track to meet these targets, having achieved a 35% year-over-year reduction in Scope 1 emissions intensity in 2023. Furthermore, EQT has committed to a 42% reduction in absolute Scope 1 and 2 GHG emissions by 2030 from a 2023 base year. EQT's climate initiatives reflect a proactive approach to environmental responsibility, aligning with industry standards and expectations 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 | 000,000,000 |
| Scope 2 | - | - | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | - | - | 00,000,000,000 | 000,000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Eqt's Industry?
How Carbon Intensive is Eqt's Location?
Eqt's Scope 3 Categories Breakdown
Eqt's Scope 3 emissions, which increased by 4% last year and decreased by approximately 100% since 2020, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 3% of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 496535% of Scope 3 emissions.
Top Scope 3 Categories
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.
