Ignitis
Ignitis Group, headquartered in Lithuania (LT), is a prominent player in the energy sector, specialising in electricity and gas distribution, renewable energy, and energy services. Founded in 2016, the company has rapidly established itself as a leader in the Baltic region, focusing on sustainable energy solutions and innovative technologies. With a commitment to green energy, Ignitis offers a range of unique products and services, including smart energy management systems and renewable energy generation. The company has achieved significant milestones, such as expanding its operational footprint across Lithuania and into neighbouring countries, reinforcing its market position as a forward-thinking energy provider. Ignitis Group continues to drive the transition towards a sustainable energy future, making it a key contributor to the region's energy landscape.
DitchCarbon Score
How does Ignitis's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Electricity from Other Sources industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Ignitis's score of 40 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Ignitis's reported carbon emissions
In 2023, Ignitis reported total carbon emissions of approximately 4,931,000,000 kg CO2e, comprising 455,044,000 kg CO2e from Scope 1, 116,819,000 kg CO2e from Scope 2, and about 2,427,819,000 kg CO2e from Scope 3 emissions. This reflects a slight decrease from 2022, where total emissions were around 4,905,000,000 kg CO2e. Ignitis has set ambitious climate commitments, aiming to significantly reduce its greenhouse gas emissions by 2030. The company has pledged to cut Scope 1 emissions from electricity and heat generation by 94% per MWh, and Scope 1 and 3 emissions from all sold electricity and heat by 90% per MWh, using 2020 as the baseline year. Additionally, Ignitis targets a 42% reduction in absolute Scope 1 and 2 emissions from all other sources, and a 25% reduction in absolute Scope 3 emissions from the use of sold products. These targets align with the Science Based Targets initiative (SBTi) and are designed to support the global effort to limit warming to 1.5°C. Ignitis is committed to achieving these reductions while also addressing biogenic emissions and removals from bioenergy feedstocks.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Get Started| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 233,000,000 | 000,000,000 | 0,000 | 0,000 | 000,000,000 |
| Scope 2 | 510,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 3,083,000,000 | 0,000,000,000 | 0,000 | 0,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Ignitis is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
