Company Directory - EQT Corporation
CCI Score
CCI Score: EQT Corporation
-36.35
0.02%
Latest Event
EQT Corporation Lobbying Expenditure in 2024
According to OpenSecrets, EQT Corp spent $770,000 on lobbying efforts in 2024, an expenditure that highlights the company’s strategic engagement in influencing federal policy.
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TOADIE
EQT Corporation is currently rated as a Toadie.
Latest Events
- DEC312024
According to OpenSecrets, EQT Corp spent $770,000 on lobbying efforts in 2024, an expenditure that highlights the company’s strategic engagement in influencing federal policy.
-40
Political Contributions and Lobbying Efforts
March 28
EQT Corp's reported $770,000 lobbying expenditure in 2024 indicates a significant investment in influencing the policy-making process. Such political contributions can undermine democratic accountability and support corporate interests over those of the broader public, aligning with practices that enable authoritarian influence.
- NOV012024
EQT Corporation has spent millions on campaign contributions and lobbying while its CEO Toby Rice attended Trump’s Mar-a-Lago event. These actions support a political environment favoring deregulation and reduced oversight, aligning the company with policies that undermine environmental justice and public accountability.
-80
Political Contributions and Lobbying Efforts
March 28
EQT’s multi-million dollar spending on campaign contributions and lobbying efforts has contributed to an environment that supports authoritarian deregulation. This financial influence helps steer policies in favor of less oversight and greater corporate power.
-70
Executive Political Engagement
March 28
CEO Toby Rice’s participation in Trump’s Mar-a-Lago event is an example of executive political engagement that signals strong alignment with policies favoring deregulation and reduced environmental oversight, thereby bolstering authoritarian trends.
- JUN252024
EQT Corporation released its 2023 Environmental, Social and Governance Report on June 25, 2024, which details significant emission reductions, progress toward net zero targets, community investments, and improved workplace practices. The report highlights achievements including a 70% reduction in Scope 1 greenhouse gas emissions intensity, declining methane emissions, enhanced safety performance tied to executive incentives, and a diversified board leadership. These efforts demonstrate the company's drive toward responsible business practices and ethical governance.
+70
Business Practices and Ethical Responsibility
March 28
The report showcases EQT's significant steps in reducing its environmental impact—including meeting and even surpassing emissions reduction targets ahead of schedule—and its investments in social initiatives such as community philanthropy and employee engagement. These actions are indicative of robust ethical business practices that align with progressive values, promoting greater transparency, worker safety, and corporate accountability.
EQT Releases 2023 Environmental, Social and Governance Report
- MAY232024
A letter dated May 23, 2024 from the U.S. Senate Committee on the Budget requests documentation from EQT Corporation regarding donations made by EQT, its affiliated committees, and its executives to the Trump 2024 campaign, highlighting concerns of quid pro quo political support for future regulatory rollbacks favorable to the fossil fuel industry.
-80
Political Contributions and Lobbying Efforts
March 28
The Senate letter explicitly seeks detailed records of political donations by EQT related to the Trump 2024 campaign. This involvement—whether direct or through affiliated political action committees—supports an authoritarian agenda by potentially enabling quid pro quo exchanges between political figures and fossil fuel interests. Such activity contributes to the erosion of democratic norms and the bolstering of far-right policies.
PDF WASHINGTON, DC 20510 - United States Senate Committee on the Budget
- FEB012024
EQT Corporation has actively engaged in shaping public policy through extensive lobbying and executive participation. In 2023-2024, the company’s leadership, including CEO Toby Rice, participated in numerous meetings with U.S. policymakers, testified before congressional subcommittees on energy issues, and sent a formal letter opposing the U.S. administration’s LNG export moratorium. These activities underscore EQT’s effort to position itself as a policy thought leader, while also working to secure favorable regulatory conditions for the natural gas industry.
-50
Political Contributions and Lobbying Efforts
March 28
EQT’s use of its Political Action Committee and formal lobbying—evidenced by the letter to the U.S. Secretary of Energy opposing the LNG export moratorium—demonstrates a coordinated effort to influence public policy in ways that favor fossil fuel interests, potentially undermining progressive energy and environmental policies.
-40
Executive Political Engagement
March 28
EQT’s active executive political engagement, highlighted by CEO Toby Rice’s participation in multiple meetings with legislators and testimony before a congressional subcommittee, reinforces the firm's role in shaping policy decisions that may prioritize industry interests over broader public and environmental welfare.
- JAN012024
OpenSecrets has published a profile detailing EQT Corporation's lobbying activities over time, including data on annual totals and recent lobbying on legislative bills in 2024. The profile underscores the company’s active engagement in influencing policy processes.
-40
Political Contributions and Lobbying Efforts
March 28
The OpenSecrets profile indicates that EQT Corporation maintains an active lobbying effort. Such engagement, common among fossil fuel companies, can be leveraged to influence deregulation and energy policy in ways that may undermine progressive and environmental reforms. This form of political influence aligns with concerns over corporate complicity in shaping policy in favor of industry interests.
- NOV012023
EQT has been implicated in obstructing EPA investigations into environmental contamination. The company’s efforts to block the release of FOIA records suggest an attempt to limit public scrutiny and regulatory oversight, potentially facilitating harmful practices.
-70
Regulatory Capture
March 28
By objecting to the release of EPA records through FOIA and attempting to suppress information regarding its pollution control shortcomings, EQT demonstrates signs of regulatory capture. This undermines public accountability and weakens environmental protection measures.
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