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EQT Releases 2025 Sustainability Report, “Built for What’s Next”

07/20/26

EQT Releases 2025 Sustainability Report, “Built for What’s Next”

 

Company Sustains Net Zero Scope 1 & 2 Greenhouse Gas Emissions for Upstream Assets in 2025 While Delivering Significant Economic Benefits to Appalachian Region 

PITTSBURGH, July 20, 2026 -- EQT Corporation (NYSE: EQT) today announced the publication of its 2025 Sustainability Report, titled "Built for What's Next," marking EQT's second consecutive year sustaining net zero Scope 1 and Scope 2 greenhouse gas emissions across its upstream operations.[1] The report documents EQT’s record economic impact across the Appalachian Basin and outlines the role of Appalachian supply in meeting accelerating global demand for affordable, reliable and cleaner energy.

As part of the report, EQT also announced two new environmental targets that build on the company's previously achieved greenhouse gas emissions goals. EQT has committed to maintain net-zero Scope 1 and Scope 2 greenhouse gas emissions across its upstream operations and to maintain a company-wide methane intensity below 0.02%, reinforcing its commitment to continuous emissions reductions through operational excellence.

EQT President and CEO Toby Z. Rice stated, "We are operating in one of the most important moments in the history of energy. Global demand is accelerating at a pace not seen in decades, driven by the rise of AI, the reindustrialization of the United States and the growing need for energy security around the world. One thing is crystal clear: our energy system needs to be cheaper, more reliable, cleaner and bigger."

Rice continued, "Natural gas provides that foundation – delivering reliable, dispatchable energy when the grid is under stress, offering meaningful cost advantages for families and businesses and remaining the most effective pathway to reducing global emissions through coal displacement. Our mission remains unchanged: to deliver the world's best energy, and in 2025 we are proud to have sustained net-zero Scope 1 and Scope 2 emissions across our upstream operations for the second consecutive year, while connecting low-cost Appalachian supply to the fastest-growing demand centers — from U.S. data infrastructure to global LNG markets. EQT will continue to play a leading role in meeting the demands of this moment — delivering the affordable, reliable and cleaner energy the world needs.”

 

2025 Sustainability Report Highlights: 

 

Environmental 

  • Sustained net-zero Scope 1 and Scope 2 GHG emissions for upstream operations, maintaining the achievement EQT first reached in 2024, ahead of the company’s original 2025 goal.
  • Achieved production segment Scope 1 methane emissions intensity of 0.017% in 2025, below EQT's 0.02% target and the industry's "near zero" threshold for the third consecutive year, representing an approximately 72% reduction from EQT’s 2018 baseline.
  • Recycled more than 95% of produced water in 2025, a continued achievement attributable to EQT's circular water management strategy and approximately 245-mile integrated pipeline network.
  • Maintained OGMP 2.0 "Gold Standard" rating for the fourth consecutive year, the highest achievement in the United Nations Environment Programme's Oil & Gas Methane Partnership framework.
  • Expanded reporting boundaries and adopted more rigorous emissions methodologies, incorporating newly acquired assets, including Olympus Energy, to establish a more accurate foundation for long-term emissions reduction.

 

Social 

  • Paid $1 billion in royalties to Appalachian landowners in 2025, a 61% year-over-year increase, providing a direct injection of capital into local communities and families across the region.
  • Invested approximately $73 million directly into local communities across the Appalachian Basin through a combination of philanthropic investments and infrastructure and road improvements.
  • Reduced the average employee and contractor preventable vehicle accident rate by 33% through EQT's On the Road to Zero safety campaign, with both employee and contractor rates declining for the second consecutive year.
  • EQT employees volunteered over 35,000 hours in local communities during 2025, through the company’s partnership with Pledge 1%, exceeding EQT's internal goal of 30,000 hours and nearly doubling 2024 performance.
  • Named a National Top Workplace for the fifth consecutive year by Energage/USA Today, and recognized as a Top Workplace in Pittsburgh.

 

Governance 

  • 20% of Short-Term Incentive Plan (STIP) funding was linked to sustainability-focused measures, specifically environmental, health and safety (EHS) intensity.
  • Female directors represented 40% of EQT's Board as of December 31, 2025, with half of standing Board committees chaired by women; 20% of directors were members of racial or ethnic minorities.
  • Refreshed the ESG Committee in 2025 to include a broader group of senior leaders and established cross-functional subcommittees to monitor, implement and recommend initiatives to advance sustainability execution at EQT.
  • Launched dedicated compliance programs in 2025, including a new Artificial Intelligence Usage Corporate Policy and a sanctions and integrity framework aligned with the expansion of EQT’s long-term LNG offtake agreements into international markets.

 

Stakeholders can explore the full 2025 Sustainability Report and EQT’s continued progress at https://www.eqt.com/sustainability.

 

Media Contact: 

Amy Rogers  
Head of Strategic Communications 

412-738-5220 
Amy.Rogers@eqt.com  

 

Investor Contact
Cameron Horwitz
Managing Director, Investor Relations & Strategy
412.445.8454
Cameron.Horwitz@eqt.com 

 

About EQT Corporation

EQT Corporation is a premier, vertically integrated American natural gas company with production and midstream operations focused in the Appalachian Basin. We are dedicated to responsibly developing our world-class asset base and being the operator of choice for our stakeholders. By leveraging a culture that prioritizes operational efficiency, technology and sustainability, we seek to continuously improve the way we produce environmentally responsible, reliable and low-cost energy. We have a longstanding commitment to the safety of our employees, contractors, and communities, and to the reduction of our overall environmental footprint. Our values are evident in the way we operate and in how we interact each day – trust, teamwork, heart, and evolution are at the center of all we do. To learn more, visit eqt.com.

 

Cautionary Statements Regarding Forward-Looking Statements

This news release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. Statements that do not relate strictly to historical or current facts are forward-looking. Without limiting the generality of the foregoing, forward-looking statements contained in this news release include the expectations of plans, strategies, objectives and growth, and anticipated financial, operational, and sustainability-related performance of EQT Corporation (“EQT”) and its operated subsidiaries (collectively, the “Company”), including with respect to the Company’s projected greenhouse gas (“GHG”) and methane emissions; emissions reduction goals and the anticipated timing of achieving such goals, if at all; projected risks associated with climate change and a transition to a lower-carbon economy; and anticipated benefits and results from the Company’s initiatives pertaining to air quality, water management, biodiversity management, community relations, workforce health and safety, business ethics and transparency, management of the legal and regulatory environment, critical incident risk management and asset safety and integrity.

The forward-looking statements included in this news release or made during the above referenced conference call involve risks and uncertainties that could cause actual results to differ materially from projected results. Accordingly, investors should not place undue reliance on forward-looking statements as a prediction of actual results. The Company has based these forward-looking statements on current expectations and assumptions about future events, taking into account all information currently known by the Company. While the Company considers these expectations and assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory and other risks and uncertainties, many of which are difficult to predict and beyond the Company’s control. These risks and uncertainties include, but are not limited to, volatility of commodity prices; the costs and results of drilling and operations; uncertainties about estimates of reserves, identification of drilling locations and the ability to add proved reserves in the future; the assumptions underlying production forecasts; the quality of technical data; the Company's ability to appropriately allocate capital and other resources among its strategic opportunities; access to and cost of capital; the Company's hedging and other financial contracts; inherent hazards and risks normally incidental to drilling for, producing, transporting, storing and processing natural gas, natural gas liquids (“NGLs”) and oil; operational risks and hazards incidental to the gathering, transmission and storage of natural gas as well as unforeseen interruptions; cyber security risks and acts of sabotage; availability and cost of drilling rigs, completion services, equipment, supplies, personnel, oilfield services and pipe, sand and water required to execute the Company's exploration and development plans, including as a result of inflationary pressures or tariffs; risks associated with operating primarily in the Appalachian Basin; the ability to obtain environmental and other permits and the timing thereof; construction, business, economic, competitive, regulatory, judicial, environmental, political and legal uncertainties related to the development and construction by the Company or its joint ventures of pipeline and storage facilities and transmission assets and the optimization of such assets; the Company's ability to renew or replace expiring gathering, transmission or storage contracts at favorable rates, on a long-term basis or at all; risks relating to the Company's joint venture arrangements; government regulation or action, including regulations pertaining to methane and other greenhouse gas emissions; negative public perception of the fossil fuels industry; increased consumer demand for alternatives to natural gas; environmental and weather risks, including the possible impacts of climate change; and disruptions to the Company's business due to recently completed or pending divestitures, acquisitions and other significant strategic transactions. These and other risks and uncertainties are described under the "Risk Factors" section and elsewhere in EQT's Annual Report on Form 10-K for the year ended December 31, 2025 and other documents EQT subsequently files from time to time with the Securities and Exchange Commission. In addition, the Company may be subject to currently unforeseen risks that may have a materially adverse impact on it.

Any forward-looking statement speaks only as of the date on which such statement is made, and, except as required by law, EQT does not intend to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise.

[1] EQT’s claim of achieving “net zero” in a specified year is based on (i) EQT's Scope 1 greenhouse gas (“GHG”) emissions in such year, as calculated using the most recent emission factors in the EPAs GHGRP (Subpart W) for the onshore petroleum and natural gas production segment, plus (ii) EQT's Scope 2 GHG emissions in such year, using the location-based method and the EPA’s Emissions & Generation Resource Integrated Database’s state emission factors for EQT’s operating areas, minus (iii) carbon offsets retired by EQT attributed to such year. References to EQT being net zero do not include Scope 3 GHG emissions or emissions from EQT’s midstream assets.

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