EQT Corporation published its 2024 Environmental, Social and Governance (ESG) Report, titled 'Promises Made, Promises Delivered.' The report highlights the company's achievement of becoming the world's first large-scale traditional energy company to reach net zero Scope 1 and Scope 2 greenhouse gas emissions. This milestone was achieved through substantial operational improvements and strategic local partnerships.
The report reinforces EQT's leadership in sustainable energy production and its commitment to environmental responsibility. Achieving net zero Scope 1 and 2 emissions ahead of its 2025 goal enhances its competitive position, particularly in a market increasingly focused on low-carbon energy. The report also details a 58% increase in gross production volumes and a 16% reduction in Marcellus well development costs per well since 2018.
CEO Toby Rice emphasized the company's mission to deliver affordable, reliable, and cleaner energy to the world. The report, produced under leading disclosure frameworks, outlines EQT's latest operational data, governance disclosures, and efforts in inclusion, diversity, employee engagement, and social outreach.
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