Climate Change Data

Environmental Metrics

ESG Focus Areas

• Safety
• Environmental Stewardship
• Corporate Governance
• Economic Impact
• Stakeholder Engagement

Environmental Achievements

• Reduced methane emissions through Leak Detection and Repair (LDAR) programs and improved compressor station operations.
• Implemented strategies to minimize environmental impact during construction and operation, including erosion and sediment control measures and habitat restoration.
• Reduced energy consumption through energy efficiency measures in facilities and field operations.

Social Achievements

• Implemented ZIP Today safety platform, resulting in a 600% increase in reported safety observations in Q1 2020 compared to Q1 2019.
• Maintained a strong safety culture with low incident rates.
• Contributed $87,298 to various community organizations in 2019.
• Established the Equitrans Midstream Foundation, donating $150,000 to education and community development initiatives.

Governance Achievements

• Appointment of a Chief Sustainability Officer.
• Established a Code of Business Conduct and Ethics, with 100% employee completion of biennial training.
• Expanded the Board of Directors to nine members, with eight independent directors.

Climate Goals & Targets

Environmental Challenges

• Potential regulatory changes affecting methane emissions.
• Public apprehension about natural gas pipelines.
• Potential for pipeline spills and leaks.
• Managing the economic and social impacts of operations on local communities.

Mitigation Strategies

• Membership in industry initiatives focused on methane reduction (INGAA Methane Commitment, API Environmental Partnership, ONE Future Coalition).
• Proactive engagement with stakeholders to build trust and address concerns.
• Regular pipeline inspections and maintenance to ensure integrity.
• Implementation of best practices to minimize environmental and social impacts.

Supply Chain Management

Responsible Procurement

• Engaging with suppliers that share Equitrans’ values and commitment to safety and community.

Climate-Related Risks & Opportunities

Transition Risks

• Potential regulatory changes

Reporting Standards

Frameworks Used: GRI Standards: Core option, SASB Oil & Gas Industry Standard

Environmental Metrics

ESG Focus Areas

• Health & Safety
• Environmental Stewardship
• Corporate Governance
• Economic Impact
• Stakeholder Engagement
• Air Emissions and Climate Change
• Biodiversity and Land Stewardship
• Business Ethics and Integrity
• Community Engagement
• Corporate Governance
• Diversity and Inclusion
• Economic Impact
• Energy
• Occupational Health and Safety
• Pipeline Safety and Integrity
• Public Safety and Emergency Response
• Security and Cybersecurity
• Supply Chain and Human Rights
• Sustainability Governance
• Workforce Culture

Environmental Achievements

• Developed a new Climate Policy detailing targets for reducing methane and total greenhouse gas emissions.
• Released a Notices of Violation Tracker to improve transparency and accountability.
• Increased the scope of energy data to include all operating assets and facilities, including 100% of the Eureka Midstream assets; fleet vehicle refrigerants; generators; and fire extinguishers.
• Installed energy-efficient LED lighting in owned facilities.
• Introduced the first solar-run interconnect.
• Proactively invested approximately $1.6 million in pipeline safety initiatives and more than $400,000 in corrosion prevention activities.
• Replaced 21,880 feet of bare steel pipeline with coated steel pipe.

Social Achievements

• Published a Stakeholder Engagement and Community Investment Policy.
• Made supporting contributions totaling $265,500 (excluding project-related donations).
• Launched a new Inclusion Program to cultivate an inclusive, respectful work environment.
• Revised the performance review process to focus on providing high-quality feedback.
• Launched a new employee recognition program called Spotlight.
• Enhanced remote work policy and created “workplace personas” to improve employee satisfaction and retention.

Governance Achievements

• Appointed its first Chief Sustainability Officer.
• Expanded reporting to include security, cybersecurity, workforce culture, public safety, emergency response, supply chain management, and human rights.
• Implemented a Notices of Violation (NOV) Tracker to publicly disclose formal notices of non-compliance and violations.
• Developed policies to guide interactions with lawmakers and regulatory agencies.
• Expanded training efforts to include mini-courses on insider trading.

Climate Goals & Targets

Environmental Challenges

• Public apprehension about natural gas pipelines and their related facilities.
• Increased efforts by third parties to oppose the natural gas industry through legislative means.
• COVID-19 pandemic and its impact on operations and employee well-being.
• Potential opposition incidents and security threats at facilities and construction sites.
• Risk of pipeline spills or leaks.

Mitigation Strategies

• Engaging with local communities to build trust and address concerns.
• Working with policymakers to promote stable investment climates.
• Implementing pandemic-related working protocols and providing support to employees.
• Implementing a range of security measures, including site support, mobile surveillance, physical security, security personnel, and drone support.
• Regular inspections of pipelines to ensure integrity and identify potential spills and leaks; implementing a Spill Reporting & Response Procedure.

Supply Chain Management

Supplier Audits: 847 of 1,119 suppliers received annual compliance letters.

Responsible Procurement

• Code of Business Conduct & Ethics provided to suppliers.
• Emphasis on local and diverse-owned businesses.
• Termination of contracts with firms having negative social impact.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards: Core option, SASB Oil & Gas Midstream reporting standards, CDP Climate Change

UN Sustainable Development Goals

• Goal 6
• Goal 7
• Goal 13
• Goal 15
• Goal 3
• Goal 5
• Goal 8
• Goal 9

Various initiatives contribute to these goals through water quality improvement, reliable energy access, greenhouse gas emission reduction, biodiversity protection, occupational health and safety, gender diversity, employment opportunities, and infrastructure development.

Environmental Metrics

ESG Focus Areas

• Diversity and Inclusion
• Economic Impact
• Energy
• Supply Chain Management and Human Rights
• Sustainability Governance

Environmental Achievements

• Reduced methane emissions primarily due to pneumatic device conversions and refined compressor blowdown calculations.
• Conversion of pneumatic controllers at compressor stations resulting in an annualized reduction of approximately 1,203 metric tons of methane.

Social Achievements

• Adoption of new Supplier Code of Conduct, Human Rights Policy, and Stakeholder Engagement and Community Investment Policy.
• Published United Nations Sustainable Development Goals Statement.
• Elevated Inclusion Program to reinforce commitment to maintaining a diverse, equitable, and inclusive workplace.
• Invested more than $1,265,000 in roadway repairs and upgrades.

Governance Achievements

• Established a management-level ESG committee, along with seven ESG working groups.
• Published additional ESG-related policies and statements, such as our Human Rights Policy; Supplier Code of Conduct; Stakeholder Engagement and Community Investment Plan; Biodiversity Statement; and UN Sustainable Development Goals Statement.

Climate Goals & Targets

Environmental Challenges

• Climate change poses many challenges for our business and society.
• Potential developments such as regulatory matters present pressing challenges to society and risks to our Company.
• Public apprehension about natural gas pipelines and their related facilities.

Mitigation Strategies

• Actively taking steps to assess operations and implement actions to mitigate emissions.
• Issued Climate Policy establishing a target to reduce Scope 1 and Scope 2 methane emissions by 50% by 2030 and 50% reduction in total Scope 1 and 2 GHG emissions by 2040.
• Incorporated methane reduction project into annual employee performance incentive program.
• Developing and implementing a formal Environmental Management System.
• Expanding reporting disclosures to include the CDP Water Security Questionnaire.
• Developing an Environmental Justice Policy to formalize commitment to fair treatment and meaningful involvement of all people.

Supply Chain Management

Supplier Audits: 499 suppliers received annual compliance letters; 423 provided digital acknowledgement of Supplier Code of Conduct.

Responsible Procurement

• Supplier Code of Conduct incorporating Equitrans’ Code of Business Conduct & Ethics and broader social workforce policies.
• Emphasis on local suppliers (59% of total supply chain budget) and diverse-owned organizations.

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events

Transition Risks

• Regulatory changes
• Market shifts

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Standards 2021, SASB Oil & Gas Midstream reporting standards

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Company formally announced intent to align business and operations with relevant SDGs. Specific goals incorporated into annual Stakeholder Engagement and Community Investment Plan.

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Fairmont State Foundation’s “2021 Philanthropic Corporation of the Year” award

Environmental Metrics

ESG Focus Areas

• Climate Change
• Safety
• Diversity & Inclusion
• Community Investment
• Governance

Environmental Achievements

• Purchased 35,000 Green-e Certified Renewable Energy Credits for CY2022, resulting in 100% of electricity purchased in 2022 being supplied by renewable energy with zero carbon emissions.
• Reduced Scope 1 methane emissions intensity per ONE Future Methodology

Social Achievements

• Maintained low Total Recordable Incident Rate (TRIR) for employees and contractors.
• Equitrans Midstream Foundation made significant donations and provided matching donations to support community development, education, and the environment.

Governance Achievements

• Tied 25% of the STI plan for all employees to EHS and sustainability metrics since 2020.
• Maintained high percentage of female directors and independent directors.

Climate Goals & Targets

Environmental Challenges

• Rager Mountain Storage facility incident resulting in methane emissions.
• Supply chain disruptions (implied)

Mitigation Strategies

• Comprehensive root cause analysis (RCA) conducted for the Rager Mountain incident.
• Updated GHG emissions data to reflect revised gas loss estimate.
• Annual compliance letters sent to suppliers to ensure adherence to Equitrans’ Code of Business Conduct & Ethics.

Supply Chain Management

Supplier Audits: 787 suppliers received annual compliance letters (2022)

Responsible Procurement

• Equitrans Code of Business Conduct & Ethics
• Supplier Code of Conduct (rolled out in 2021)

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: ONE Future, GHGRP (EPA)

Third-party Assurance: No

Environmental Metrics

ESG Focus Areas

• Climate change
• Greenhouse gas (GHG) emissions
• Methane emissions

Environmental Achievements

• Reduced Scope 1 and 2 methane emissions by approximately 36% from 2019 baseline by 2023.
• More than halfway to its 2030 methane emissions reduction target by the end of 2023.
• Implemented leak detection and repair (LDAR) program.
• Replaced many high-bleed pneumatic controllers with lower-emitting alternatives.
• Purchased two GoVAC units to capture event-based methane emissions.
• Initiated a project to harvest waste heat from reciprocating compressors to generate on-site electricity.

Social Achievements

• Maintained a focus on employee safety.
• Committed to maintaining a diverse, equitable, and inclusive workplace.
• Developed a focused community investment strategy.
• Aligned with the United Nations Sustainable Development Goals (UN SDGs).

Governance Achievements

• Embedded commitment to sustainability program in business and operations.
• Enhanced transparent and meaningful disclosure of sustainability efforts.
• Developed an internal ESG operating model for data collection, management, and auditing.
• Improved controls and data collection frameworks for GHG emissions.
• Aligned ESG reporting with the TCFD framework.
• Conducted two TCFD risk scenario analyses (physical risk and energy transition risk).

Climate Goals & Targets

Environmental Challenges

• Continued and unknown fluctuation of throughput and equipment run-time impacting total GHG reduction goal by 2040.
• Potential for increased landslide damage and operational disruptions due to storms.
• Potential disruptions to supply chain, transportation, and service providers due to weather.
• Potential increased pressure on electric and water utilities.
• Potential impact of U.S. natural gas production decrease in a low-carbon economy.
• Potential introduction of carbon prices on existing products and services.
• Potential climate-related litigation.
• Potential stigmatization of the sector impacting investors and capital access.

Mitigation Strategies

• Routine work to minimize impacts, including consideration of landslide risk during pipeline routing and design.
• Continuous monitoring of rainfall and temperature data, aerial patrols, drones, and LiDAR to monitor conditions conducive to landslides.
• Preemptive action when severe weather is imminent, notifying customers of anticipated impacts, and increasing operations staffing.
• Enhanced designs and procedures to minimize weather-related disruptions (hydrate modeling, heat trace, grounding, methanol injection).
• Sourcing 99% of supplies from the U.S., with 60% from local suppliers in PA, WV, and OH.
• Back-up power sources for critical compressor stations.
• Reducing reliance on fresh water by increasing reuse of produced water.
• Ongoing efforts to reduce methane emissions (pneumatic conversions, vent gas recovery).
• Exploring opportunities to transport alternative energy sources via pipeline and invest in emissions-reducing technologies.
• Evaluating the feasibility of repurposing infrastructure for hydrogen or carbon transportation and storage.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Landslide damage
• Severe storm damage
• Supply chain disruptions
• Increased pressure on electric and water utilities

Transition Risks

• Impact of U.S. natural gas production decrease
• Introduction of carbon prices
• Climate-related litigation
• Sector stigmatization

Opportunities

• Increased demand for hydrogen transportation and storage
• Increased demand for carbon transportation and storage
• Waste heat recovery

Reporting Standards

Frameworks Used: Greenhouse Gas Protocol, TCFD

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed