First Traditional Energy Producer of Scale in the World to Achieve Net Zero Scope 1 and Scope 2 GHG Emissions
PITTSBURGH, Oct. 23, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT), America's leading producer of natural gas, today announced that it has achieved its commitment to reach net zero Scope 1 and Scope 2 greenhouse gas ("GHG") emissions1 across the company's legacy operations ahead of its 2025 goal. This milestone covers the entirety of EQT's upstream operations, inclusive of the recently acquired Tug Hill/XcL Midstream and Alta Resources assets, which were not part of the original target set in 2021 and combined represented an approximately 52% increase relative to starting-point emissions. EQT achieved this net zero status primarily through emissions abatement, with the remainder offset with company-generated offsets rather than purchased credits. Looking ahead, EQT remains committed to continuing its leadership through its new NetZero Now+ initiative.
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