Ignitis

Ignitis, headquartered in Lithuania and operating in the electricity sector, has established significant carbon reduction targets aligned with climate action goals. For the reporting year 2026, Ignitis reported a total of approximately 1.77 billion kg CO2e, comprising 1.55 billion kg CO2e in Scope 1, 170 million kg CO2e in Scope 2, and 50 million kg CO2e in Scope 3 emissions. In 2025, their total emissions were approximately 1.41 billion kg CO2e, with Scope 1 at 1.11 billion kg CO2e, Scope 2 at 260 million kg CO2e, and Scope 3 at 40 million kg CO2e.

The company is committed to substantial emissions reductions. By 2030, Ignitis aims to reduce the carbon intensity of its Scope 1 greenhouse gas emissions from electricity and heat generation by 94% per MWh, compared to a 2020 baseline. Furthermore, the Group has committed to reducing absolute Scope 1 and 2 greenhouse gas emissions from all other sources by 42% by 2030, also from a 2020 baseline. An additional commitment involves a 50% reduction in GHG emissions by 2030, based on an SBTi-validated plan from 2021.

Ignitis also has a long-term ambition to achieve net-zero greenhouse gas emissions across its value chain by 2040. This goal is supported by various near-term and long-term targets verified by the Science Based Targets initiative (SBTi). These targets include a commitment to reduce Scope 1 GHG emissions from electricity and heat generation by 86.6% per MWh by 2030 from a 2023 baseline. The company also aims for a 91.5% reduction in the same metric by 2040. Absolute emission reduction targets include a 42% reduction in Scope 1 and 2 emissions by 2030, and a 90% reduction in these categories by 2040.