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UGI Corporation, headquartered in the United States, is a prominent player in the energy sector, specialising in the distribution and marketing of natural gas and propane. Founded in 1882, UGI has established a strong presence across various regions, including the Mid-Atlantic and Northeastern United States, as well as parts of Europe. The company offers a diverse range of services, including retail propane distribution, natural gas utility services, and energy marketing. UGI's commitment to safety, reliability, and customer service sets it apart in a competitive market. With a history of strategic acquisitions and innovations, UGI Corporation has solidified its position as a leader in the energy industry, continually adapting to meet the evolving needs of its customers.
How does UGI Corporation's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Gas/Diesel Oil industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
UGI Corporation's score of 37 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, UGI Corporation reported total carbon emissions of approximately 38,049,007,000 kg CO2e across all scopes. This includes 1,070,316,000 kg CO2e from Scope 1 (direct emissions) and 23,152,000 kg CO2e from Scope 2 (indirect emissions, market-based). Notably, Scope 3 emissions were significantly higher, amounting to about 38,049,007,000 kg CO2e, primarily from purchased goods and services, which accounted for 396,167,000 kg CO2e. UGI has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 GHG emissions by 55% by 2025, a target established in 2021. Additionally, the company is committed to achieving net zero emissions by 2050, aligning with the goals of the Paris Climate Accord. UGI also plans to lower its customers' carbon emissions by 50% before 2030. In terms of long-term initiatives, UGI aims to replace cast iron and bare steel pipes, which is projected to reduce current emissions by a minimum of 80% by 2041. Furthermore, UGI Utilities is targeting a 38% reduction in emissions by 2040 and a 13% reduction by 2030 from current levels. Overall, UGI Corporation is actively working towards significant emissions reductions and long-term sustainability goals, reflecting its commitment to addressing climate change and reducing its carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | 318,053,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | 399,000 | 000,000 | 00,000,000 | - | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | - | - | 00,000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
UGI Corporation is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.