EQT Corporation (NYSE:EQT) is one of the most undervalued NYSE stocks to buy now. On June 24, EQT Corporation released its 2024 Environmental, Social, and Governance/ESG Report, titled: “Promises Made, Promises Delivered.” The report highlights EQT’s progress over the past 5 years in becoming the world’s first large-scale traditional energy company to achieve net-zero Scope 1 and Scope 2 greenhouse gas/GHG emissions across its upstream operations, ahead of its 2025 goal.
EQT achieved a 67% reduction in Scope 1 GHG emissions for historical production assets since 2018. The company increased the percentage of produced water recycled from 81% in 2019 to 96% in 2024. EQT also achieved a company-wide Production segment Scope 1 methane emissions intensity of 0.0070%, surpassing its 2025 target of 0.02%.
A storage facility for natural gas, showing the vast reserves of this abundant energy source.
The company received a 1st place award from the West Virginia Department of Environmental Protection for site reclamation efforts in 2023. EQT also partnered with the West Virginia Division of Natural Resources to implement a first-of-its-kind nature-based carbon sequestration project across over 400,000 acres of land to promote CO2 absorption and benefit Appalachia’s woodlands.
EQT Corporation produces, gathers, and transmits natural gas.
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This article is originally published at Insider Monkey.
