CONTENT INDICES

Global Reporting Initiative (GRI) Content Index

GENERAL STANDARD DISCLOSURES

GRI IndicatorDescriptionLocation
Organizational Profile
102-1Name of the organizationEQT Corporation
102-2Activities, brands, products, and servicesCorporate Profile; Hydraulic fracturing is prohibited in some regions of the United States; however, EQT does not have active operations in these areas. Additionally, there are no bans on any of EQT’s primary brands, products, or services.
102-3Location of headquartersPittsburgh, Pennsylvania
102-4Location of operationsCorporate Profile
102-5Ownership and legal formCorporate Profile
102-6Markets servedCorporate Profile
102-7Scale of the organizationCorporate Profile
102-8Information on employees and other workersTotal Employees (as of 12/31/19): 818
 
Permanent Employees: 648
  • Female: 159
  • Male: 489
  • Kentucky: 0
  • Ohio: 7
  • Pennsylvania: 551
  • Texas: 1
  • Virginia: 1
  • West Virginia: 88
Temporary Employees: 170
  • Female: 39
  • Male: 131
  • Pennsylvania: 154
  • West Virginia: 16
Full-time Employees: 641
  • Female: 155
  • Male: 486
  • Kentucky: 0
  • Ohio: 7
  • Pennsylvania: 544
  • Texas: 1
  • Virginia: 1
  • West Virginia: 88
Part-time Employees: 7
  • Female: 4
  • Male: 3
  • Pennsylvania: 7
102-9Supply chainCorporate Profile
102-10Significant changes to the organization and its supply chainCorporate Profile; 2019 Form 10-K, p. 7
102-11Precautionary Principle or approachAlthough EQT does not formally follow the precautionary principle, we assess environmental risks across our operations.
102-12External initiativesPublic Policy
and Perception
102-13Membership of associationsPublic Policy
and Perception
Strategy
102-14Statement from senior decision-makerLetter from the Chief Executive Officer
Ethics and Integrity
102-16Values, principles, standards and norms of behaviorEthics and Integrity
102-17Mechanisms for advice and concerns about ethicsEthics and Integrity
Governance
102-18Governance structureCorporate Governance
102-19Delegating authorityCorporate Governance
102-20Executive-level responsibility for economic, environmental and social topicsCorporate Governance
102-22Composition of the highest governance body and its committeesCorporate Governance
102-23Chair of the highest governance bodyCorporate Governance
102-24Nominating and selecting the highest governance bodyThe Corporate Governance Committee of the Board of Directors identifies and recommends requisite skills and characteristics for individuals to serve as directors of EQT. The Corporate Governance Committee identifies potential director candidates through many sources, including third-party search firms and unsolicited shareholder submissions. All EQT directors stand for election annually by EQT’s shareholders. For additional information on Board member qualifications, please see the Board of Directors page on EQT’s website. For more information on EQT’s nomination and selection process, see pages 26-27 of EQT’s 2020 Proxy Statement.
102-25Conflicts of interestEQT discloses conflicts of interest to stakeholders as required by law. EQT’s Code of Business Conduct and Ethics outlines our policy to avoid conflicts of interest (we also have an internal Conflicts of Interest Policy). EQT maintains a majority of independent directors and our Corporate Governance Committee monitors related-person transactions. For more information, see pages 28-31 of EQT’s 2020 Proxy Statement.
102-26Roles of highest governance body in setting purpose, values and strategyCorporate Governance
102-27Collective knowledge of highest governance bodyUpon election, EQT directors participate in an initial orientation to Board service and routinely receive information from management to inform them about company business, including related economic, environmental and social topics. EQT encourages directors to participate in outside educational programs, for which EQT funds or reimburses participation.
102-28Evaluating the highest governance body's performanceThe Board and its Committees use performance assessments to evaluate how well they are fulfilling their governance responsibilities. The Board and its Committees conduct annual self-assessments and each director — in a discussion with the Chair of the Board — provides feedback on individual director performance. Although the Board does not publicly disclose any actions taken in response to its annual self-assessments, it takes the assessment process seriously and responds appropriately to the results to improve overall governance performance.
102-29Identifying and managing economic, environmental and social impactsCorporate Governance
102-30Effectiveness of risk management processes

The Board oversees and evaluates the process for assessing the major risks facing EQT and the related risk mitigation options. These responsibilities include:

  • Performing an annual review of EQT’s major risks
  • Addressing major risks with management via presentations throughout the year (initiated by management or requested by the Board)
  • Delegating oversight for certain risks to Board Committees

Additionally, the Audit Committee of the Board reviews EQT’s major risk exposures and key processes implemented to monitor and control such exposures. When making decisions on behalf of EQT, the Board considers the feedback provided by its respective stakeholders.

102-31Review of economic, environmental and social topicsCorporate Governance
102-32Highest governance body's role in sustainability reportingCorporate Governance
102-33Communicating critical concerns

To achieve sustainable performance for our stakeholders, the Board is committed to overseeing EQT with integrity, accountability and transparency. The Board welcomes input on how it is doing and provides stakeholders multiple ways to communicate with EQT’s governing body.

 

The Chair of the Board is a key point of contact within the Board for concerns or inquiries. Other avenues for contacting the EQT Board include:

  • Corporate Secretary, investor relations, the executive team and respective websites
  • The EQT Compliance Hotline
  • Traditional written correspondence

Communications may be made anonymously or confidentially.

102-34Nature and total number of critical concerns

While EQT does not maintain a record of concerns communicated to the Board of Directors, EQT has conducted a formal shareholder engagement program since 2010, and we maintain active dialogue with our shareholders year-round. Through our investor relations program, senior executives hold meetings with EQT investors or potential investors to discuss operations, strategy and other critical items as outlined on pages 5-6 of EQT’s 2020 Proxy Statement. Since our 2019 Annual Meeting of Shareholders held in July, management has held over 200 meetings with investors. Executives from the Compensation and Governance functions also meet with interested shareholders to discuss EQT’s pay structure and governance with time devoted to answering shareholder questions and taking suggestions for changes. Our management team uses our annual ESG Report to help guide conversations with investors regarding economic, environmental and social topics. When investors pose specific questions, our management team schedules calls and/or meetings to address their inquiries accordingly.

 

As described in Stakeholder Engagement and Materiality, the Board values and regularly considers the input and feedback of all stakeholders in its oversight of EQT’s sustainability efforts.

102-35Remuneration policies

EQT independent director compensation — including descriptions of cash, equity-based and other compensation — as well as related processes, are outlined on pages 32-34 of EQT’s 2020 Proxy Statement.

 

We also have compensation recoupment, or a “clawback” policy, applicable to executive officers if EQT is required to prepare an accounting restatement due to material noncompliance with any financial reporting mandate under U.S. securities laws. The policy authorizes EQT to recoup certain compensation from covered executives who received equity or non-equity incentive compensation.

102-36Process for determining remuneration

Annually, the Corporate Governance Committee reviews, and the entire Board approves, the compensation of our executive officers.

 

The Management Development and Compensation Committee establishes the target total direct compensation for executive officers by establishing base salaries, setting long-term and annual incentive targets, and approving perquisites. The Management Development and Compensation Committee approves annual and long-term incentive programs on a yearly basis with recommendations from management and an independent compensation consultant. For more information regarding our executive compensation process, see pages 23-24 of EQT’s 2020 Proxy Statement; additionally, pages 39-75 describe the executive compensation program and performance.

102-37Stakeholders' involvement in remuneration

Although we have historically engaged in shareholder outreach efforts specifically targeted at discussing EQT’s compensation and governance practices, we did not engage in any compensation discussions with shareholders in 2019. Our Board of Directors was substantially reconstituted following our Annual Meeting of Shareholders in July 2019, and thereafter, a new management team was appointed to lead EQT. The compensation for several of our executives, including our Chief Executive Officer, was not determined until later in the year, and certain of our executives did not join EQT until the end of 2019, including our current Chief Financial Officer who joined our company in January 2020.

 

Our 2020 say-on-pay voting results indicated 98.3% of votes cast were “for” the proposal.

 

As discussed above, the Management Development and Compensation Committee considers investor feedback during the design of our long-term incentive programs.

102-38Annual total compensation ratio

See p. 75 in EQT’s 2020 Proxy Statement.

102-39Percentage increase in annual total compensation ratio

Our annual total compensation ratio decreased from 49.6:1 for 2018 to less than 0.0001 for 2019. The decrease was the result of the change in management following our 2019 Annual Meeting of Shareholders, following which Toby Z. Rice was appointed as President and Chief Executive Officer, and agreed to total compensation for 2019 in the amount of $1.00, as calculated pursuant to Securities and Exchange Commission rules.

Stakeholder Engagement
102-40List of stakeholder groupsStakeholder Engagement
and Materiality
102-41Collective bargaining agreementsNone of EQT’s employees are covered by collective bargaining agreements.
102-42Identifying and selecting stakeholdersStakeholder Engagement
and Materiality
102-43Approach to stakeholder engagementStakeholder Engagement
and Materiality
102-44Key topics and concerns raisedStakeholder Engagement
and Materiality
Reporting Practices
102-45Entities included in the consolidated financial statementsCorporate Profile
102-46Defining report content and topic BoundariesStakeholder Engagement
and Materiality
102-47List of material topicsStakeholder Engagement
and Materiality
102-48Restatements of informationWe restated our 2018 air emissions to reflect corrections in our calculations; see Air Quality. We also restated our 2018 Scope 1 GHG emissions data based on EPA recommendations; see Climate and GHG Emissions.
102-49Changes in reportingThis report covers the ESG topics deemed most important to our stakeholders based on our 2020 materiality assessment, as described in Stakeholder Engagement and Materiality. Unless otherwise specified, the 2019 data throughout this report refers only to our upstream assets and operations.
102-50Reporting periodJanuary 1, 2019 through December 31, 2019
102-51Date of most recent reportDecember 16, 2019
102-52Reporting cycleAnnual
102-53Contact point for questions regarding the reportJosie Schultz, External Communications Manager (PublicAffairs@eqt.com)
102-54Claims of reporting in accordance with the GRI StandardsThis report has been prepared in accordance with the GRI Standards: Core option
102-55GRI content indexThis page
102-56External assuranceEQT conducted a self-assessment of the report; however, we did not submit the report for external assurance.

SPECIFIC STANDARD DISCLOSURES

GRI StandardDisclosureDescriptionLocation or Direct AnswerOmission
GRI 200 Economic Standard Series
Indirect Economic Impacts
GRI 103: Management Approach 2016
103-1Explanation of the material topic and its BoundaryCommunity Impacts
and Safety
103-2The management approach and its componentsCommunity Impacts
and Safety
103-3Evaluation of the management approachCommunity Impacts
and Safety
GRI 203: Indirect Economic Impacts 2016
203-1Infrastructure investments and services supportedCommunity Impacts
and Safety
203-2Significant indirect economic impactsCommunity Impacts
and Safety
Procurement Practices
GRI 103: Management Approach 2016
103-1Explanation of the material topic and its BoundaryTalent Attraction and Retention, Diversity
and Inclusion
103-2The management approach and its componentsTalent Attraction and Retention, Diversity
and Inclusion
103-3Evaluation of the management approachTalent Attraction and Retention, Diversity
and Inclusion
GRI 204: Procurement Practices 2016
204-1Proportion of spending on local suppliersCommunity Impacts
and Safety
Anti-Corruption
GRI 103: Management Approach 2016
103-1Explanation of the material topic and its BoundaryEthics and Integrity
103-2The management approach and its componentsEthics and Integrity
103-3Evaluation of the management approachEthics and Integrity
GRI 205: Anti-Corruption 2016
205-2Communication and training about anti-corruption policies and proceduresEthics and Integrity
GRI 300 Environmental Standards Series
Energy
GRI 103: Management Approach 2016
103-1Explanation of the material topic and its BoundaryNot material
103-2The management approach and its componentsNot material
103-3Evaluation of the management approachNot material
GRI 302: Energy 2016
302-1Energy consumption within the organizationData Download
Water
GRI 103: Management Approach 2016
103-1Explanation of the material topic and its BoundaryWater
103-2The management approach and its componentsWater
103-3Evaluation of the management approachWater
GRI 303: Water 2016
303-1Water withdrawal by sourceWaterInformation unavailable for 303-1: EQT does not track rainwater usage and has no plans to begin.
303-2Water sources significantly affected by withdrawal of waterWater
303-3Water recycled and reusedWater
303-4Water dischargeWater
303-5Water consumption Water; Regarding change in water storage, EQT does not have reservoirs. Our Aboveground Storage Tanks hold impaired water and are temporary structures. Our freshwater impoundments collect rain water, but are only used to actually store water when we need it for a current operation.
Biodiversity
GRI 103: Management Approach 2016
103-1Explanation of the material topic and its BoundaryBiodiversity and
Land Impacts
103-2The management approach and its componentsBiodiversity and
Land Impacts
103-3Evaluation of the management approachBiodiversity and
Land Impacts
GRI 304: Biodiversity 2016
304-1Operational sites owned, leased, managed in, or adjacent to, protected areas and areas of high biodiversity value outside protected areasBiodiversity and
Land Impacts
304-2Significant impacts of activities, products and services on biodiversityBiodiversity and
Land Impacts
304-3Habitats protected or restoredBiodiversity and
Land Impacts
304-4IUCN Red List species and national conservation list species with habitats in areas affected by operationsBiodiversity and
Land Impacts
Emissions
GRI 103: Management Approach 2016
103-1Explanation of the material topic and its BoundaryClimate and
GHG Emissions
; Air Quality
103-2The management approach and its componentsClimate and
GHG Emissions
; Air Quality
103-3Evaluation of the management approachClimate and
GHG Emissions
; Air Quality
GRI 305: Emissions 2016
305-1Direct (Scope 1) GHG emissionsClimate and
GHG Emissions
305-2Energy indirect (Scope 2) GHG emissionsClimate and
GHG Emissions
EQT does not have operations where we are able to access electricity supplier emissions data or residual emissions data. As such, we are unable to report Scope 2 emissions at this time.
305-4GHG emissions intensityClimate and
GHG Emissions
305-5Reduction of GHG emissionsClimate and
GHG Emissions
305-7Nitrogen oxides (NOX), sulfur oxides (SOX) and other significant air emissionsAir QualityInformation unavailable for 305-7: EQT does not currently track Persistent Organic Pollutants (POPs) and currently has no plans to begin tracking POPs.
Effluents & Waste
GRI 103: Management Approach 2016
103-1Explanation of the material topic and its BoundarySpills
103-2The management approach and its componentsSpills
103-3Evaluation of the management approachSpills
GRI 306: Effluents and Waste 2016
306-2Waste by type and disposal methodData Download
306-3Significant spillsSpills
306-4Transport of hazardous wasteEQT did not create or transport hazardous waste in 2019.
Environmental Compliance
GRI 103: Management Approach 2016
103-1Explanation of the material topic and its BoundaryBiodiversity and
Land Impacts
103-2The management approach and its componentsBiodiversity and
Land Impacts
103-3Evaluation of the management approachBiodiversity and
Land Impacts
GRI 307: Environmental Compliance 2016
307-1Non-compliance with environmental laws and regulationsWater;
  • Total number of 2019 environmental non-monetary sanctions: 0
  • Total number of 2019 significant environmental fines: 6
  • Total monetary value of 2019 significant environmental fines: $924,490
  • Cases brought through dispute resolution mechanisms: 3
*For purposes of this disclosure, EQT defines “significant fine” as a fine equal to or exceeding $100,000.
GRI 400 Social Standards Series
Employment
GRI 103: Management Approach 2016
103-1Explanation of the material topic and its BoundaryTalent Attraction and Retention, Diversity
and Inclusion
103-2The management approach and its componentsTalent Attraction and Retention, Diversity
and Inclusion
103-3Evaluation of the management approachTalent Attraction and Retention, Diversity
and Inclusion
GRI 401: Employment 2016
401-1New employee hires and employee turnoverTalent Attraction and Retention, Diversity
and Inclusion
; Data Download
401-2Benefits provided to full-time employees that are not provided to temporary or part-time employeesTalent Attraction and Retention, Diversity
and Inclusion
401-3Parental leaveTalent Attraction and Retention, Diversity
and Inclusion
Occupational Health and Safety
GRI 103: Management Approach 2016
103-1Explanation of the material topic and its BoundaryOccupational Health
and Safety
103-2The management approach and its componentsOccupational Health
and Safety
103-3Evaluation of the management approachOccupational Health
and Safety
GRI 403: Occupational Health and Safety 2018
403-1Occupational health and safety management systemOccupational Health
and Safety
403-2Hazard identification, risk assessment and incident investigationOccupational Health
and Safety
403-3Occupational health servicesOccupational Health
and Safety
403-4Worker participation, consultation and communication on occupational health and safetyOccupational Health
and Safety
403-5Worker training on occupational health and safetyOccupational Health
and Safety
403-6Promotion of worker healthTalent Attraction and Retention, Diversity
and Inclusion
403-7Prevention and mitigation of occupational health and safety impacts directly linked by business relationshipsOccupational Health
and Safety
403-8Workers covered by an occupational health and safety management systemOccupational Health
and Safety
403-9Work-related injuriesOccupational Health
and Safety
We are unable to include high-consequence work-related injuries for contractors as we do not currently track contractor recovery times for injuries.
403-10Work-related ill healthOccupational Health
and Safety
Training and Education
GRI 103: Management Approach 2016
103-1Explanation of the material topic and its BoundaryTalent Attraction and Retention, Diversity
and Inclusion
103-2The management approach and its componentsTalent Attraction and Retention, Diversity
and Inclusion
103-3Evaluation of the management approachTalent Attraction and Retention, Diversity
and Inclusion
GRI 404: Training and Education 2016
404-2Programs for upgrading employee skills and transition assistance programsTalent Attraction and Retention, Diversity
and Inclusion
404-3Percentage of employees receiving regular performance and career development reviewsTalent Attraction and Retention, Diversity
and Inclusion
Diversity and Equal Opportunity
GRI 103: Management Approach 2016
103-1Explanation of the material topic and its BoundaryTalent Attraction and Retention, Diversity
and Inclusion
103-2The management approach and its componentsTalent Attraction and Retention, Diversity
and Inclusion
103-3Evaluation of the management approachTalent Attraction and Retention, Diversity
and Inclusion
GRI 405: Diversity and Equal Opportunity 2016
405-1Diversity of governance bodies and employeesTalent Attraction and Retention, Diversity
and Inclusion
; Corporate Governance
Local Communities
GRI 103: Management Approach 2016
103-1Explanation of the material topic and its BoundaryCommunity Impacts
and Safety
103-2The management approach and its componentsCommunity Impacts
and Safety
103-3Evaluation of the management approachCommunity Impacts
and Safety
GRI 413: Local Communities 2016
413-1Operations with local community engagement, impacts assessments and development programsCommunity Impacts
and Safety
413-2Operations with significant actual and potential negative impacts on local communitiesCommunity Impacts
and Safety
Public Policy
GRI 103: Management Approach 2016
103-1Explanation of the material topic and its BoundaryPublic Policy
and Perception
103-2The management approach and its componentsPublic Policy
and Perception
103-3Evaluation of the management approachPublic Policy
and Perception
GRI 415: Public Policy 2016
415-1Political contributionsPublic Policy
and Perception
Socio Economic Compliance
GRI 103: Management Approach 2016
103-1Explanation of the material topic and its BoundaryCommunity Impacts
and Safety
103-2The management approach and its componentsCommunity Impacts
and Safety
103-3Evaluation of the management approachCommunity Impacts
and Safety
GRI 419: Socioeconomic Compliance 2016
419-1Non-compliance with laws and regulations in the social and economic areaExcept as set forth in GRI 307-1 (Non-compliance with environmental laws and regulations), EQT was not subject to any significant fines or non-monetary sanctions in 2019.

*For purposes of this disclosure, EQT defines “significant fine” as a fine equal to or exceeding $100,000.
Custom Topic: Landowner Relations
GRI 103: Management Approach 2016
103-1Explanation of the material topic and its BoundaryLandowner Relations
103-2The management approach and its componentsLandowner Relations
103-3Evaluation of the management approachLandowner Relations
CustomNumber of calls and emails received from landownersLandowner Relations

Sustainability Accounting Standards Board (SASB) Index

SUSTAINABILITY DISCLOSURE TOPICS AND ACCOUNTING METRICS — OIL AND GAS EXPLORATION AND PRODUCTION
 

TopicAccounting MetricResponse/Location
Greenhouse Gas Emissions SASB EM-EP-110a.1: Gross global Scope 1 emissions, percentage methane, percentage covered under emissions-limiting regulationsClimate and
GHG Emissions
SASB EM-EP-110a.2: Amount of gross global Scope 1 emissions from: (1) flared hydrocarbons, (2) other combustion, (3) process emissions, (4) other vented emissions, and (5) fugitive emissionsClimate and
GHG Emissions
; SASB does not include a category for completions with and without fracturing. In 2019, EQT recorded Scope 1 emissions in these categories of 5,351 metric tons CO2e. In 2018, these two categories totaled 6,938 metric tons CO2e.
SASB EM-EP-110a.3: Discussion of long-term and short-term strategy or plan to manage Scope 1 emissions, emissions reduction targets, and an analysis of performance against those targetsClimate and
GHG Emissions
Air Quality SASB EM-EP-120a.1: Air emissions of the following pollutants: (1) NOx (excluding N2O), (2) SOx, (3) volatile organic compounds (VOCs), and (4) particulate matter (PM10)Air Quality
Water Management SASB EM-EP-140a.1: (1) Total fresh water withdrawn, (2) total fresh water consumed, percentage of each in regions with High or Extremely High Baseline Water StressWater
SASB EM-EP-140a.2: Volume of produced water and flowback generated; percentage (1) discharged, (2) injected, (3) recycled; hydrocarbon content in discharged waterWater
SASB EM-EP-140a.3: Percentage of hydraulically fractured wells for which there is public disclosure of all fracturing fluid chemicals used100%; see Water for more information.
SASB EM-EP-140a.4: Percentage of hydraulic fracturing sites where ground or surface water quality deteriorated compared to a baselineWater
Biodiversity Impacts SASB EM-EP-160a.1: Description of environmental management policies and practices for active sitesBiodiversity and
Land Impacts
SASB EM-EP-160a.2: Number and aggregate volume of hydrocarbon spills, volume in Arctic, volume impacting shorelines with ESI rankings 8-10, and volume recoveredSpills
SASB EM-EP-160a.3: Percentage of (1) proved and (2) probable reserves in or near sites with protected conservation status or endangered species habitatBiodiversity and
Land Impacts
Security, Human Rights and Rights of Indigenous Peoples SASB EM-EP-210a.1: Percentage of (1) proved and (2) probable reserves in or near areas of conflict EQT does not have any reserves in or near areas of conflict.
SASB EM-EP-210a.2: Percentage of (1) proved and (2) probable reserves in or near indigenous landTo our knowledge, EQT does not have any reserves in or near indigenous land.
SASB EM-EP-210a.3: Discussion of engagement processes and due diligence practices with respect to human rights, indigenous rights, and operation in areas of conflictEQT does not operate in areas of conflict.
Community Relations SASB EM-EP-210b.1: Discussion of process to manage risks and opportunities associated with community rights and interestsCommunity Impacts
and Safety
SASB EM-EP-210b.2: Number and duration of non-technical delaysCommunity Impacts
and Safety
; EQT’s operations are subject to numerous regulatory and permitting requirements. We strive to account for potential delays in obtaining regulatory and permitting approvals or similar non-technical factors, in our scheduling process. In 2019, none of EQT’s operations were stopped or delayed due to unanticipated non-technical factors.
Workforce Health and Safety SASB EM-EP-320a.1: (1) Total recordable incident rate (TRIR), (2) fatality rate, (3) near miss frequency rate (NMFR), and (4) average hours of health, safety, and emergency response training for (a) full-time employees, (b) contract employees, and (c) short-service employeesOccupational Health
and Safety
SASB EM-EP-320a.2: Discussion of management systems used to integrate a culture of safety throughout the exploration and production lifecycleOccupational Health
and Safety
Reserves Valuation & Capital Expenditures SASB EM-EP-420a.1: Sensitivity of hydrocarbon reserve levels to future price projection scenarios that account for a price on carbon emissionsEQT has not conducted scenario analysis on this subject. While the U.S. Congress has from time to time considered legislation to reduce emissions of GHGs, there has not been significant activity in the form of federal legislation in recent years. Presently, none of West Virginia, Ohio and Pennsylvania (our primary operating areas) regulate GHG emissions or have a cap-and-trade program, although it is possible that any of these states may do so in the future. This could result in increased operating costs if our customers are required to purchase emission allowances.

We intend to mitigate this risk by operating highly efficient wells in contiguous areas through the implementation of our combo-development strategy. Additionally, the substantial majority of our production is natural gas, which has low carbon emissions compared to oil, diesel and coal. We are active participants in the ONE Future Coalition (ONE Future) and The Environmental Partnership, both of which seek to improve the oil and gas industry's environmental performance. ONE Future has set goals for the methane emissions leakage rate for the overall industry at below 1% and below 0.28% for the production "upstream" sector. Historically, we have significantly outperformed the production sector target for methane emissions.
SASB EM-EP-420a.2: Estimated carbon dioxide emissions embedded in proved hydrocarbon reserves242,662 metric tons
SASB EM-EP-420a.3: Amount invested in renewable energy, revenue generated by renewable energy salesAt certain of our sites, we either use solar technology to generate power or capture natural gas from the field to power fuel cells, generating on-site energy. We do not currently track the amount of energy produced by these means as it is only used in remote locations and on a limited basis.
SASB EM-EP-420a.4: Discussion of how price and demand for hydrocarbons and/or climate regulation influence the capital expenditure strategy for exploration, acquisition, and development of assetsSustainable Value Creation
Business Ethics and Transparency SASB EM-EP-510a.1: Percentage of (1) proved and (2) probable reserves in countries that have the 20 lowest rankings in Transparency International’s Corruption Perception Index0% — EQT only operates in the United States, therefore, we have no reserves in these countries.
SASB EM-EP-510a.2: Description of the management system for prevention of corruption and bribery throughout the value chainEthics and Integrity
Management of the Legal & Regulatory Environment SASB EM-EP-530a.1: Discussion of corporate positions related to government regulations and/or policy proposals that address environmental and social factors affecting the industryPublic Policy
and Perception
Critical Incident Risk Management SASB EM-EP-540a.2: Description of management systems used to identify and mitigate catastrophic and tail-end risksCommunity Impacts
and Safety

ACTIVITY METRICS
 

Activity MetricResponse/Location
Production of: (1) oil, (2) natural gas, (3) synthetic oil, and (4) synthetic gasCorporate Profile; EQT did not produce any synthetic natural gas or synthetic oil in 2019.
Number of offshore sitesEQT does not operate any offshore sites.
Number of terrestrial sites As of December 31, 2019, EQT operated 341 well pads.

Disclosing the Facts

INDICATORS

Indicator

Response/Location

1) Well Evaluation

Water — see Monitoring Impacts

2) Well Integrity

Water — see Monitoring Impacts

3) Near Misses

Occupational Health and Safety — see How We Are Doing

4) Offset Well Assessment

Water — see Hydraulic Fracturing and Monitoring Impacts

5) Avoiding Induced Seismic Activity

Water — see Wastewater Management

6) Pre-drill H2O Monitoring

Water — see Monitoring Impacts

7) Post-drill H2O Monitoring

Water — see Monitoring Impacts

8) Evaluating Water Scarcity

Water — see Water Withdrawals

9) Total Water Use

Water — see How We Are Doing

10) Freshwater and Non-freshwater Use

Water — see How We Are Doing

11) Water Source Types

Water — see How We Are Doing

12) Wastewater Use

Water — see How We Are Doing

13) Reducing Fresh water

Water — see Wastewater Management

14) Wastewater Volume

Water — see How We Are Doing

15) Wastewater Storage Methods

Water — see Monitoring Impacts

16) Wastewater Storage Safeguards

Water — see Monitoring Impacts

17) Drilling Residuals

EQT’s drill mud and cuttings are processed using solids control equipment that efficiently separate drilling fluids from solids. Drying agents then remove any residual moisture, and the dried cuttings are stored in containers and transported by truck to landfills that are pre-approved to accept these solids in their permitted disposal cells. EQT continues to improve the efficiency of its solids management program by using higher efficiency systems that create better separation of drilling fluid and drill cuttings, reducing the overall weight of the disposed product. Using more effective drying agents decreases the amount of agents needed, which also decreases the weight of the disposed product.

18) NORM

EQT actively reviews whether new processes will generate naturally occurring radioactive materials (NORM).

19) Managing Inactive Wells

Biodiversity and Land Impacts — see Decommissioning and Inactive Sites

20) Use of Waste Products

Water — see Wastewater Management. EQT continues to evaluate minimization and beneficial reuse options for our waste products from both an environmental and economic standpoint. Currently, reuse of our wastewater is only used for hydraulic fracturing operations.

21) Toxicity Reduction

Water — see Hydraulic Fracturing

22) CBI Disclaimer

EQT is evaluating the potential implementation of dry friction reducer in its fracturing operations; however, we currently do not use any dry hydraulic fracturing chemicals in our operations.

23) Eliminating BTEX

EQT does not currently use any benzene, toluene, ethylbenzene, and xylenes (BTEX) chemicals in its completions operations.

24) CBI Disclaimer

Water — see Hydraulic Fracturing

25) Reducing CBI Claims

Water — see Hydraulic Fracturing

Close button for share
SHARE