UGI Corp

Common Name
UGI
Country
United States
Sector
Utilities
Industry
Utilities - Regulated Gas
Employees
9,750
Ticker
UGI
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
UGI Corporation is a diversified energy company that operates through various segments to provide energy products and services globally. As an essential player in the energy sector, UGI engages in the...

UGI's GHG Emissions Data Preview

In 2023, UGI completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

However, UGI has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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b
0000000
Total Scope 3
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind UGI’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore UGI’s data sources below and access millions more through our Disclosure Search.

a. UGI's Sustainability Report 2023
a. UGI's Sustainability Report 2023
b. UGI's ESG Report 2021
b. UGI's ESG Report 2021
c. UGI's Sustainability Report 2020
c. UGI's Sustainability Report 2020

Insights into UGI's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of UGI amounted to 1,112,782 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of UGI decreased by 6.13%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

UGI's Scope 1 Emissions Over Time

2018201920202021202220230350 k700 k1.05 M1.4 MtCO2e+10%-11%-34%+39%-6%
  • Total Scope 1
  • Year-over-Year Change

What are UGI's Scope 1 emissions?

In 2023, the total Scope 1 emissions of UGI were 1,070,316 metric tons of CO₂ equivalent (tCO₂e). a

Has UGI reduced its Scope 1 emissions over time?

Since 2018, UGI's Scope 1 emissions have decreased by 15.15%, reflecting a declining long-term trend in Scope 1 emissions over time. a c

Compared to the previous year (2022), UGI's Scope 1 emissions decreased by 6.38%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are UGI's Scope 2 emissions?

In 2023, UGI reported Scope 2 greenhouse gas (GHG) emissions of 23,152 tCO₂e using the market-based method and 42,466 tCO₂e using the location-based method. a

Has UGI reduced its Scope 2 emissions over time?

Compared to the previous year (2022), UGI's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that UGI 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does UGI use for Scope 2 reporting?

In 2023, UGI reported its Scope 2 emissions using the market-based method and using the location-based method. a

UGI's Scope 2 Emissions Over Time

201820192020202120222023015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into UGI's Value Chain Emissions

In 2023, UGI reported 38,049,007 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of UGI includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

UGI's Scope 3 Emissions Over Time

202020212023015 M30 M45 M60 MtCO2e+70448%-11%
  • Total Scope 3
  • Year-over-Year Change

What are UGI's Scope 3 emissions?

In 2023, UGI reported total Scope 3 emissions of 38,049,007 metric tons of CO₂ equivalent (tCO₂e). a

Insights into UGI’s GHG Emissions Intensity Compared to Industry Peers

In 2023, UGI reported Scope 1 greenhouse gas (GHG) emissions of 1,070,316 tCO₂e and total revenues of USD 8,928 millions. This translates into an emissions intensity of 119.88 tCO₂e per millions USD. a

UGI's Scope 1 Emissions Intensity Compared to Peers

101,000100,0005,000,000500,000,000Scope 1 Emissions (tCO2e)2005002,00010,00050,000Revenues (Millions of USD)CPortland General ElectricYear: 2023Scope 1: 6,843,029 tCO2eRevenue: $M 2,923Scope 1 Intensity: 2,341.10 tCO2e/$MPinnacle West CapitalYear: 2023Scope 1: 10,628,383 tCO2eRevenue: $M 4,696Scope 1 Intensity: 2,263.29 tCO2e/$MNiSourceYear: 2023Scope 1: 5,492,279 tCO2eRevenue: $M 5,505Scope 1 Intensity: 997.62 tCO2e/$MCCConsumers EnergyYear: 2023Scope 1: 12,482,384 tCO2eRevenue: $M 7,166Scope 1 Intensity: 1,741.89 tCO2e/$MCalifornia Water Service GroupYear: 2023Scope 1: 8,210 tCO2eRevenue: $M 795Scope 1 Intensity: 10.33 tCO2e/$MSouthwest Gas HoldingsYear: 2022Scope 1: 375,224 tCO2eRevenue: $M 4,960Scope 1 Intensity: 75.65 tCO2e/$MChesapeake UtilitiesYear: 2023Scope 1: 192,505 tCO2eRevenue: $M 671Scope 1 Intensity: 287.06 tCO2e/$MOGE EnergyYear: 2023Scope 1: 9,040,683 tCO2eRevenue: $M 2,674Scope 1 Intensity: 3,380.58 tCO2e/$MSpireYear: 2023Scope 1: 333,327 tCO2eRevenue: $M 2,666Scope 1 Intensity: 125.01 tCO2e/$MAtmos EnergyYear: 2023Scope 1: 156,162 tCO2eRevenue: $M 4,275Scope 1 Intensity: 36.53 tCO2e/$MFluence EnergyYear: 2023Scope 1: 19 tCO2eRevenue: $M 2,217Scope 1 Intensity: 0.01 tCO2e/$MMDU Resources GroupYear: 2023Scope 1: 1,963,433 tCO2eRevenue: $M 4,657Scope 1 Intensity: 421.58 tCO2e/$MSempraYear: 2023Scope 1: 6,800,000 tCO2eRevenue: $M 16,720Scope 1 Intensity: 406.70 tCO2e/$MAvistaYear: 2022Scope 1: 2,458,675 tCO2eRevenue: $M 1,710Scope 1 Intensity: 1,437.65 tCO2e/$MEvergyYear: 2024Scope 1: 20,958,294 tCO2eRevenue: $M 5,847Scope 1 Intensity: 3,584.27 tCO2e/$MBlack HillsYear: 2023Scope 1: 4,512,017 tCO2eRevenue: $M 2,331Scope 1 Intensity: 1,935.41 tCO2e/$MDominion EnergyYear: 2023Scope 1: 29,500,000 tCO2eRevenue: $M 14,393Scope 1 Intensity: 2,049.61 tCO2e/$MPSEGYear: 2023Scope 1: 549,002 tCO2eRevenue: $M 11,237Scope 1 Intensity: 48.86 tCO2e/$MHawaiian Electric IndustriesYear: 2023Scope 1: 4,418,816 tCO2eRevenue: $M 3,682Scope 1 Intensity: 1,200.06 tCO2e/$MNew Jersey ResourcesYear: 2023Scope 1: 50,068 tCO2eRevenue: $M 1,963Scope 1 Intensity: 25.51 tCO2e/$MClearway EnergyYear: 2023Scope 1: 540,000 tCO2eRevenue: $M 1,314Scope 1 Intensity: 410.96 tCO2e/$MONE GasYear: 2023Scope 1: 417,058 tCO2eRevenue: $M 2,372Scope 1 Intensity: 175.83 tCO2e/$MAESYear: 2023Scope 1: 33,401,000 tCO2eRevenue: $M 12,668Scope 1 Intensity: 2,636.64 tCO2e/$MVistraYear: 2023Scope 1: 86,326,790 tCO2eRevenue: $M 14,779Scope 1 Intensity: 5,841.18 tCO2e/$MUGIYear: 2023Scope 1: 1,070,316 tCO2eRevenue: $M 8,928Scope 1 Intensity: 119.88 tCO2e/$M

How does UGI's GHG emissions intensity compare to its peers?

In 2023, UGI reported a Scope 1 emissions intensity of 119.88 tCO₂e per millions USD. Compared to the peer group median of 709.6 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does UGI rank on GHG emissions intensity within its industry?

In 2023, UGI ranked 7 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

UGI is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into UGI's Total Carbon Footprint

In 2023, UGI reported a total carbon footprint of 39,161,789 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3,203.64% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to UGI's total carbon footprint was Scope 3 emissions, accounting for 97.16% of the company's total carbon footprint, followed by Scope 1 emissions at 2.73%. a

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