Panorâmica
- Location
Lithuania
- Sector
Electric utilities
- Organisation type
- Business
Company Information
Ignitis Group is a utility and renewable energy company in the Baltic region. Its core business is focused on operating electricity and gas distribution networks, and managing and developing its green generation portfolio. The company is headquartered in Vilnius, Lithuania and has reported 3,884 employees and 1.89 billion Euro turnover in 2021.*
Our progress towards decarbonization
GHG Emissions
North Star
- AB Ignitis grupė has a target to reduce absolute scopes 1 and 2 CO2e emissions 42% by 2030 from a base year of 2020
- AB Ignitis grupė has a target to reduce intensity of scope 1 CO2e emissions 94% per kWh by 2030 from a base year of 2020
- AB Ignitis grupė has a target to reduce intensity of scopes 1 and 3 CO2e emissions 90% per kWh by 2030 from a base year of 2020
Pledge: Have an officially validated short-medium term science-based GHG emissions reduction targets aligned with a 1.5°C scenario (scope 1+2) in line with the SBTi Criteria and Recommendations
MRV: Pact MRV in place
Status date: Submitted (28/07/2022)
Data source: CDP Climate Change 2022
How we want to achieve this – our roadmap
- Have an internal price on carbon
- Have scope 1+2+3 GHG emissions verified through a third party verification or assurance process
MRV: Pact MRV in place
Status date: Submitted (28/07/2022)
Data source: CDP Climate Change 2022
Governance & Strategy
North Star
- AB Ignitis grupė has a publicly available 1.5°C aligned low-carbon transition plan
MRV: Pact MRV in place
Status date: Submitted (28/07/2022)
Data source: CDP Climate Change 2022
How we want to achieve this – our roadmap
- Publicly disclose climate and environmental data to investors and customers through a public platform
- Have a process for identifying, assessing, and responding to climate-related risks and opportunities
- Have an employee engagement strategy to support and contribute to achieving the company's climate and environmental goals
MRV: Pact MRV in place
Status date: Submitted (28/07/2022)
Data source: CDP Climate Change 2022