- Increased frequency and severity of adverse weather events impacting operations
- Changes to climate-focused laws and regulations potentially increasing costs or prohibiting operations
- Decreased demand for natural gas due to changing consumer tastes
- Restricted access to capital funds if climate change strategy is not effectively articulated and executed
- Potential for groundwater impacts from hydraulic fracturing
EQT Corporation
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, EQT Corporation disclosed greenhouse gas emissions of 280.8K MT CO2e (Scope 1 & 2). By scope: Scope 1: 274.8K MT CO2e; Scope 2: 6.1K MT CO2e; Scope 3: 105.3M MT CO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
280.8K MT CO2e (Scope 1 & 2)
2023
Water Usage
11.4M m3
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 274.8K MT CO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 6.1K MT CO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 105.3M MT CO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 280.8K MT CO2e (Scope 1 & 2) |
| 2014 | 885.0K metric tons of CO2 equivalent emissions |
| 2012 | 2.7M metric tons CO2e |
| 2011-2012 | 3.3M metric tons CO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced in-scope net zero target emissions to 280,824 MT CO2e (35% reduction compared to 2022, 67% reduction since mid-2019)
- Reduced EQT Production segment Scope 1 GHG emissions intensity to 152 MT CO2e/Bcfe (approximately 35% reduction compared to 2022)
- Achieved company-wide Production segment Scope 1 methane emissions intensity of 0.0074% (significantly surpassing 2025 target)
- Recycled 96% of produced water
- Entered into a public-private forest management partnership with West Virginia
- Helped establish the Appalachian Methane Initiative
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce Scope 1 GHG emissions intensity to below 160 MT CO2e per Bcfe by 2025 (achieved)
- Reduce Scope 1 methane emissions intensity to below 0.02% by 2025 (achieved)
- Achieve net-zero Scope 1 and Scope 2 GHG emissions by 2025 (on track)
📅 Medium-term
- Quadruple U.S. LNG capacity to 55 Bcf per day by 2030
🔭 Long-term
- Net-zero emissions by 2050 (aligned with OGDC)
🌱 ESG Focus Areas
Climate ChangeOperational GHG EmissionsWater ManagementBiodiversity and Land ImpactsAir QualityWorkforce Health and SafetyTalent Attraction and RetentionEconomic and Societal ImpactEthics and IntegrityPublic Policy and Perception