Engaging Stakeholders
At EQT, we strive to operate as a socially responsible company, fostering positive relationships with a broad range of stakeholders. A key element of our social license to operate is our commitment to proactive and transparent stakeholder engagement. We aim to build trust and ensure that stakeholders are confident in our dedication to operating safely, responsibly, and sustainably.
We believe that understanding the perspectives of all interested parties allows us to identify priority areas and make decisions that reflect the best interests of our company and its stakeholders. By proactively and consistently engaging with our stakeholders, we gain valuable insights that guide our efforts to continuously improve our operations, help us meet and exceed stakeholder expectations, advance our business objectives, and deliver on our Environmental, Social, and Governance (ESG) commitments.
In our most recent strategic materiality assessment conducted in 2022, we organized value chain impact mapping workshops with subject matter experts across the company to identify and refine the key stakeholder groups with whom we engage. Stakeholders offer valuable insights from a variety of perspectives. We actively monitor their interests, both specific to our operations and across the broader natural gas industry, to inform our efforts to continuously improve and help realize our mission.
We are committed to fostering open, transparent dialogue with our stakeholders. We systematically evaluate our engagement strategies to ensure they are effective. We seek to identify areas for improvement, refining our approach to maintain strong, collaborative relationships. Through ongoing communications with stakeholders, we have developed multiple channels for engagement that are designed to meet our stakeholders’ diverse expectations and engagement preferences. As part of our commitment to transparency, we plan to update our materiality assessment in 2025 to reflect evolving stakeholder interests and EQT’s expanded operations following the 2024 Equitrans acquisition, ensuring our ESG disclosures, initiatives, and strategies continue to align with both internal and external expectations.
For the purposes of this report, we define our workers as:
- Employees: Full-time and part-time employees of EQT;
- Contract Workers: Temporary workers assigned to fill a role or complete a specific project; and
- Service providers: Third-party or outsourced providers hired to perform specialized services for EQT.
EQT’s Key Stakeholders
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[1] Key stakeholders are presented in alphabetical order.
[2] EQT reviewed our key stakeholders following the Equitrans acquisition, and we confirmed that — while the groups have expanded to include a focus on midstream operations — they remain largely the same. We plan to do a more thorough review of and engagement with our key stakeholders in our next materiality assessment. Details on our approach to materiality and the results of the most recent materiality assessment can be found in the GRI Index.