EQT Corporation 2024 ESG Report
Environmental
We strive to operate safely, protect the environment, and continuously improve our practices in support of responsible natural gas production. We carefully measure our air emissions and water use while monitoring and mitigating impacts on the air, land, and water. We embed our commitment to environmental protection in our policies, programs, technological investments, collaborations, and leadership.
Promises Delivered
2018
Legacy EQT’s traditional organizational culture restricted innovation and performance. EQT’s 2018 Production segment Scope 1 GHG emissions were 865,313 MT CO2e.
2019
Rice Team promised to effectively unleash innovation at scale to evolve EQT’s business.
2020
EQT implemented its combo-development strategy, improving drilling operations by ~30%, and replaced conventional diesel frac fleets with electric fleets, significantly reducing GHG emissions. 2021
EQT published aggressive emissions targets, including a goal of reaching “net zero” Scope 1 and 2 GHG emissions by 2025. 2022
EQT completed the initial scope of its pneumatic device replacement program, removing ~300,000 MT CO2e from its annual carbon footprint.2023
EQT helped launch the Appalachian Methane Initiative (AMI), a coalition committed to further enhance methane emissions monitoring and reduction throughout the Appalachian Basin through coordinated satellite and aerial surveys.2024
Our renewed focus on operational efficiency and early adoption of emissions controls and monitoring technologies has enabled us to reduce our Scope 1 GHG emissions from our historical production assets by ~67% since 2018. In 2024, EQT became the first traditional energy company of scale in the world to achieve net zero GHG emissions on a Scope 1 and 2 basis.
