UGI Appoints VP, ESG; Continues to Advance its Commitment to Environmental, Social, and Governance Function
28 January 2021 - 9:30AM
Business Wire
UGI Corporation (NYSE: UGI) announced today that it created a
dedicated ESG function to lead UGI’s Environmental, Social, and
Governance (“ESG”) initiatives. The creation of this officer-level
position, supported by a dedicated team, is an important step in
driving sustainability efforts across the company and enhancing the
quality of disclosure and reporting for its stakeholders. Over the
past two years, UGI has published two ESG reports, launched a
number of key corporate-wide social initiatives such as BIDE
(Belonging, Inclusion, Diversity, & Equity), continued to make
investments that support the communities we serve, and established
methane and GHG emission reduction targets at UGI Utilities.
Information about UGI’s ESG program can be found on the website:
https://ugiesg.com/.
UGI has promoted Brendan M. Heck to Vice President,
Environmental, Social, and Governance (“ESG”) to lead the ESG
initiatives. Mr. Heck joined UGI in 2014 and most recently served
as Director, Investor Relations. During his time with the Company,
he has held various positions in corporate finance and treasury,
business development, and strategic pricing. Mr. Heck received his
MBA from Duke University and his bachelor’s degree in economics
from Lafayette College.
John L. Walsh, President and Chief Executive Officer of UGI
Corporation, said, “We are excited to announce the formal creation
of an ESG function and build on our recent progress. Brendan has
gained an in-depth understanding of our Company and our values
through his prior roles, was part of the team that launched our ESG
initiatives and led the effort to publish our first two ESG
reports. We think his background will support our ESG efforts
across the Company and facilitate enhanced disclosure of our
progress for all stakeholders. UGI is proud of the work we’ve
accomplished on our ESG initiatives, and we remain energized to
make further progress and deliver on our commitments to
stakeholders. We expect to announce ambitious GHG reduction and
safety targets later this year and will continue to enhance our
non-financial disclosure so all of our stakeholders can evaluate
UGI on progress beyond our traditional financial commitments. We
have a long history of delivering on our financial commitments to
investors and we look forward to communicating additional progress
on our ESG initiatives in the future.”
About UGI Corporation
UGI Corporation is a distributor and marketer of energy products
and services. Through subsidiaries, UGI operates natural gas and
electric utilities in Pennsylvania, distributes LPG both
domestically (through AmeriGas) and internationally (through UGI
International), manages midstream energy assets in Pennsylvania,
Ohio, and West Virginia and electric generation assets in
Pennsylvania, and engages in energy marketing, including renewable
natural gas, in twelve states and the District of Columbia and
internationally in France, Belgium, the Netherlands and the UK.
Comprehensive information about UGI Corporation is available on
the Internet at https://www.ugicorp.com.
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Investor Relations Tameka Morris, 610-456-6297 Arnab
Mukherjee, 610-768-7498 Shelly Oates, 610-337-1000 ext. 3202
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