UGI names Environment, Social and Governance initiatives leader

UGI Corporation, a distributor and marketer of energy products and services, recently promoted Brendan M. Heck to vice president of Environmental, Social, and Governance (ESG).

ESG is a set of standards for a company’s operations that socially conscious investors use to screen potential investments.

The officer-level position is new. Heck has worked for the company since 2014 and has held various positions, most recently as director of Investor Relations. He holds a bachelor’s degree in economics and an MBA.

“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,” John Walsh, UGI Corp. president and CEO, said. “We think his background will support our ESG efforts across the Company and facilitate enhanced disclosure of our progress for all stakeholders.”

UGI has published two ESG reports over the past two years. These reports established methane and greenhouse gas emission reduction targets for UGI Utilities, launched the Belonging, Inclusion, Diversity, & Equity social initiative, and highlighted investments in the communities the company serves.

UGI operates natural gas and electric utilities in Pennsylvania.