Better Health for All

EQT Corporation's core business of natural gas production has severe negative health impacts. Methane, the main ingredient in EQT's gas, is a greenhouse gas 80 times more potent than carbon dioxide over a 20-year span

, and lifecycle greenhouse gas emissions from liquified natural gas (LNG) are a minimum of 44% greater than coal . The company's 2024 Scope 3 greenhouse gas emissions (Use of Sold Products) were 113,701,598 metric tons of CO2 equivalent . EQT's CEO calls for a fourfold expansion of American LNG exports . The company faces a class-action lawsuit alleging groundwater contamination from natural gas drilling operations in New Freeport, a poor and rural community , with residents reporting fracking compounds in their water . The Pennsylvania Department of Environmental Protection has reported 410 cases of water supplies impacted by oil and gas activities since 2007 . The EPA investigated EQT's operations in West Virginia and Pennsylvania in 2023 following reports of health issues among residents , . EQT offered to install filtration systems for affected residents who sign a non-disclosure agreement , creating a barrier to equitable access. In terms of safety, EQT recorded one contractor fatality in 2024 and two in 2022 . The company has also incurred over $15.8 million in penalties for 75 environment-related offenses since 2000 , including for oil/gas drilling, solid waste, air, and water pollution . While EQT achieved net-zero Scope 1 and Scope 2 greenhouse gas emissions for its upstream operations ahead of its 2025 goal , and reduced historical EQT assets' Scope 1 greenhouse gas emissions by 67% since 2018 , , these efforts do not mitigate the substantial health externalities from the use of its primary product. EQT provides employees with access to the Calm App for stress management , but offers no mental health support for affected communities. The EQT Foundation allocated $60,000 to food banks in 2022 , a minimal portion of the company's $7.5 billion annual revenue . EQT discloses fracking chemicals via FracFocus.org and reports Scope 1, 2, and 3 greenhouse gas emissions .

Fair Money & Economic Opportunity

EQT Corporation is primarily engaged in natural gas production, not financial services. As such, KPIs related to lending, deposit services, consumer credit products, or financial service access points are not applicable to its core business. This includes underserved client share, pricing fairness, exploitative fee exposure, inclusion initiatives, data accessibility, fair lending compliance, wealth building outcome, debt burden ratio, geographic inclusion, and product simplicity. While EQT invested over $56 million in local communities in 2023

and distributed nearly $3.8 million in grants in 2022, and partners to deliver financial literacy programs, the provided evidence does not offer the specific quantitative data on 'community finance' reinvestment as a percentage of profit or the 'reach and outcomes' of financial literacy programs required by the rubric's strict thresholds. Therefore, these KPIs are omitted.

Fair Pay & Worker Respect

None of EQT's employees are covered by collective bargaining agreements.

The company reported a combined employee and contractor Total Recordable Incident Rate (TRIR) of 0.65 in 2024. , with one contractor fatality in 2024. The pay equity ratio for women to men in senior management roles was 0.811:1 in 2024. EQT's CEO to median employee pay ratio was 74:1 for the 2024 fiscal year. An employee engagement survey in 2024 yielded a 79% workplace experience score.

Fair Trade & Ethical Sourcing

EQT introduced a Human Rights Policy and reinforced its Supplier Code of Conduct, aiming to align with ethical sourcing principles, stakeholder rights, business partner obligations, fair labor practices, and transparency.

The company obtained EO100 and MiQ certifications for approximately 4 billion cubic feet of its natural gas production, which emphasizes ESG standards including human rights and environmental impacts. EQT also achieved the "Gold Standard" from OGMP 2.0 for methane reduction for two consecutive years and partnered with Context Labs to enhance emissions data tracking and verification, which are noted as supporting ethical sourcing and transparent environmental practices within its supply chain.

Honest & Fair Business

EQT has a comprehensive anti-bribery and corruption policy, including specific guidelines for political contributions, gifts, and business entertainment, and an Anti-Money Laundering program with a risk-based approach, enhanced due diligence for high-risk clients, and daily automated screening against sanctions lists.

The company achieved 100% compliance in ethics training in 2023, and over 1,600 employees completed Code training in 2024. A 2024 assessment by Gartner indicated enhanced compliance effectiveness and program maturity beyond industry benchmarks. EQT provides an independently managed, 24/7 Ethics HelpLine that allows anonymous reporting and maintains a zero-tolerance policy against retaliation for good-faith reports, with investigations into substantiated cases. In 2024, there were 19 allegations of workplace misconduct, which is more than 50% below the 2022 industry average. Over the past three years (2022-2024), EQT incurred approximately $1.45 million in regulatory fines, primarily for environmental and solid waste violations by its subsidiaries.

Kind to Animals

EQT received 92 notices of violations associated with biodiversity and land in 2024, and 65.0% of its proved reserves and 66.7% of its probable reserves are in or near sites with protected conservation status or endangered species habitat.

The company has also incurred over $15 million in environment-related penalties since 2000. Despite these impacts, EQT has undertaken conservation initiatives including a public-private partnership for conservation management across over 400,000 acres and a forest management program on over 1,000 acres. It completed restoration efforts for 100 miles of the Mountain Valley Pipeline right-of-way, planted 123 of 131 committed acres of saplings, and recycled 96% of produced water in 2023 to protect aquatic species. EQT also tracks water quality near endangered species, monitors bat activity, and received an award for reclamation efforts in 2023.

No War, No Weapons

EQT Corporation's core business is natural gas production, and its Code of Business Conduct and Ethics contains no indications of involvement in military or defense sectors.

This means the company has no revenue from arms or defense contracts, no defense business requiring board oversight, no need for codified weapons red lines, no exposure to controversial weapons, and no defense assets to divest. In 2023, EQT donated oil and gas production equipment to Ukraine's largest gas producer to help restore damaged facilities, aiming to stabilize energy supply without contributing to militarization. The company also promotes natural gas for energy security and emission reductions without supporting military expansion. In 2022, the EQT Foundation contributed nearly $3.8 million to nonprofit partners, focusing on education, workforce initiatives, community and economic development, and environmental programs, which promote peaceful societal development.

Planet-Friendly Business

EQT Corporation achieved net zero Scope 1 and Scope 2 greenhouse gas emissions ahead of its 2025 goal.

By 2023, the company reduced its Scope 1 methane emissions intensity to below 0.02%, surpassing its targets. Between June 2021 and December 2022, the replacement of over 9,000 pneumatic devices led to an annual reduction of approximately 300,000 metric tons of CO₂ equivalent. The transition to electric hydraulic fracturing fleets further reduced the carbon footprint by an estimated 35,000-50,000 metric tons of CO₂e annually. EQT was recognized with the United Nations' OGMP 2.0 Gold Standard for its methane reduction efforts and joined the Oil and Gas Decarbonization Charter at COP28 in December 2023. The company also reported a 96% recycling rate for produced water in 2023. In April 2023, EQT launched a nature-based carbon offset initiative spanning over 1,000 acres and partnered with Context Labs to enhance emissions data tracking and verification.

Respect for Cultures & Communities

EQT Corporation secured the EO100™ Standard for Responsible Energy Development certification, which includes principles for Indigenous Peoples' rights, social impacts, human rights, and community engagement

. The company maintains a Community Team with dedicated local points of contact for officials, business owners, and residents, employing a proactive approach to address community concerns and enhance cultural respect . In 2023, EQT invested $56 million in local communities and paid $795 million in royalties to local landowners . Employees volunteered 16,100 hours in the same year .

Safe & Smart Tech

In 2024, EQT Corporation reported an incident where two former employees allegedly stole trade secrets, involving unauthorized access and copying of proprietary data.

The company responded by filing civil complaints against the individuals.

Zero Waste & Sustainable Products

EQT Corporation achieved a 96% recycling rate for produced water in 2023.

This initiative involved collecting flowback, drilling, and produced water for reuse in new wells. The company recycled over 7 million barrels of wastewater by using it in other operators' fracturing operations and received over 5 million barrels from peers. These efforts resulted in saving over 12 million barrels of fresh water and approximately $10.7 million in water costs and transportation expenses.