EQT Corporation Reports Achieving Net Zero Scope 1 & 2 Emissions in 2024 ESG Announcement

Reuters
24 Jun
EQT Corporation Reports Achieving Net Zero Scope 1 & 2 Emissions in 2024 ESG Announcement

EQT Corporation, a major natural gas company focused on operations in the Appalachian Basin, has released its 2024 Environmental, Social, and Governance $(ESG)$ Report, titled "Promises Made, Promises Delivered." The report highlights EQT's achievement as the first large-scale traditional energy producer to reach net zero Scope 1 and Scope 2 greenhouse gas emissions. Additionally, the report outlines EQT's use of digital tools to monitor approximately 400 ESG metrics and notes that 20% of Short-Term Incentive Plan funding was linked to environmental, health, and safety performance for 2024. EQT reported generating approximately $4 billion in gross domestic product and investing nearly $70 million in local communities. The company also maintained a "AA" ESG Rating from MSCI and served as a member of the Oil and Gas Decarbonization Charter. The full report is available on their website.

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