UGI Corporation Receives ESG Rating "AAA" from MSCI

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by KnowESG,

UGI Corporation

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UGI Corporation said it received a rating upgrade to AAA in the 2022 MSCI environmental, social, and governance (ESG) ratings assessment in December 2022.

MSCI said that UGI was in the top 7% of peer companies worldwide in 2022 for how it handled ESG issues. This shows that UGI has good governance practices, cares about the health and safety of its employees and the people it serves, and has strategies to control emissions that are good for the environment.

MSCI ESG Research provides in-depth research, ratings, and analysis of the ESG-related business practices of thousands of companies worldwide. MSCI research is meant to give institutional investors important information that can help them find risks and opportunities that traditional investment research might miss.

Roger Perreault, President and Chief Executive Officer of UGI, said, “We are delighted to receive this rating upgrade, which affirms our commitment to corporate social responsibility and sustainability. UGI continues to handle ESG issues in a disciplined and collaborative way, with a focus on openness and progress. This upgrade shows that our employees are committed to living by our core values of sustainability, reliability, safety, excellence, respect, and integrity. We remain focused on advancing our ESG mission and helping the families, businesses, and communities that we serve in their own sustainability initiatives.”

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Source: BUSINESS WIRE

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