StockNews.AI
UGI
StockNews.AI
53 days

UGI Corporation Releases its 2024 ESG Report

1. UGI's 2024 ESG report shows significant milestone achievements ahead of schedule. 2. 6% reduction in Scope 1 greenhouse gas emissions towards a 55% target by 2025. 3. Over $2.8 million in community contributions and 32,000 volunteer hours reported. 4. Recognized as a 'Customer Champion' for service excellence. 5. Emphasizes sustainability while maintaining reliable, affordable energy delivery.

4m saved
Insight
Article

FAQ

Why Bullish?

UGI's strong ESG performance aligns with growing investor focus on sustainability, likely boosting demand.

How important is it?

The progress in sustainability and community involvement strengthens UGI's market position, appealing to socially conscious investors.

Why Long Term?

Sustainability commitments and community engagement can enhance UGI's reputation and shareholder value over time.

Related Companies

VALLEY FORGE, Pa.--(BUSINESS WIRE)--UGI Corporation (NYSE: UGI) today released its 2024 ESG report, "Delivering Positive Energy Every Day," demonstrating measurable progress across all commitments while delivering reliable, affordable energy solutions to more than 2.5 million customers across 17 countries.

UGI achieved significant milestones in 2024, including:

  • Achieving our target of a 50% reduction in accountable vehicle incidents between 2017 and 2025, one year ahead of schedule.
  • Reporting a 6% reduction in Scope 1 greenhouse gas emissions, keeping the company on track with its 55% reduction commitment by 2025.
  • Expanding our social impact with over $2.8 million in community contributions and more than 32,000 employee volunteer hours.
  • Strengthening corporate governance while earning "Customer Champion" recognition from Escalent for service excellence at UGI Utilities.

"Our 2024 results demonstrate the strength of our integrated approach to business excellence and sustainability," said Bob Flexon, President and CEO of UGI Corporation. "We're proving that disciplined goal-setting and consistent execution create sustainable long-term stakeholder value across all dimensions of our business."

The report showcases UGI's balanced approach to sustainable operations, combining operational excellence with environmental stewardship and community investment to create long-term stakeholder value. This approach prioritizes reliable, affordable energy delivery to customers across diverse markets, continued emissions reduction through infrastructure modernization, enhanced community partnerships, and industry-leading safety and governance practices.

The complete 2024 ESG report is available here.

About UGI

UGI Corporation (NYSE: UGI) is a distributor and marketer of energy products and services in the U.S. and Europe. UGI offers safe, reliable, affordable, and sustainable energy solutions to customers through its subsidiaries, which provide natural gas transmission and distribution, electric generation and distribution, midstream services, propane distribution, renewable natural gas generation, distribution and marketing, and energy marketing services.

Comprehensive information about UGI Corporation is available on the Internet at https://www.ugicorp.com.

Related News