Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]In 2020, UGI committed to reducing its Scope I (direct) emissions by 55% over the next 5 years on its path to align with international efforts to reduce carbon emissions as outlined in the Paris Climate Accord. UGI also continues to work with customers to reduce their carbon footprints. We offer solutions such as combined heat and power projects, energy efficiency and conservation programs as well as fleet conversion opportunities to our clients. At the same time, we invest in low or zero carbon alternatives. UGI is well positioned to expand on its core competencies, deliver innovative solutions, and become a leader in this space. Over the next five years, UGI has the opportunity to invest up to $1.25 billion in innovative renewable solutions.
For decades, UGI International has been supplying energy to our customers, supporting the development of our society,
as we know it today. Now we are ready to take the next step towards a carbon-neutral future. We are focused on measurable, actionable, and impactful goals. We created a "Roadmap to 2030† to guide our efforts as we embark on a new chapter with renewable energy solutions. Beyond that, we will continue to position our business to align with the Paris Climate
Accord and leave no one behind in the race to green. That is why we are now focusing our investment
efforts towards replacing our fossil fuel products with sustainable alternatives.
We have identified three economically viable, climate-friendly solutions that can help lower our customer emissions significantly: rDME, Renewable alcohol to hydrocarbon, and Power-to-x-technology. All of these technologies produce renewable solutions that do not require our customers to buy or modify infrastructure. They are true "drop-in† solutions that will initially be blended with LPG and later replace it . Using these building blocks, we are setting a goal to lower our customers' carbon emissions by 50% before 2030 – a critical component in our "Roadmap to 2030.† We are addressing
the challenge of decarbonizing households and businesses that are not connected to the natural gas grid by providing rapid and affordable low carbon heating solutions, exemplifying our commitment to leave no one behind in the race to green. In addition, UGI's expansion of renewable liquefied gas offerings enables UGI's customers to decarbonize their operations to support the goals of the Paris climate accord to achieve net zero carbon emissions by 2050.