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.
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.
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.
Ignitis's score of 60 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Ignitis reported significant carbon emissions, with total Scope 3 emissions amounting to approximately 2,940,000,000 kg CO2e. For the previous year, 2023, the company disclosed total emissions of about 4,931,490,000 kg CO2e, which included 455,044,000 kg CO2e from Scope 1, 417,967,000 kg CO2e from Scope 2, and 6,486,298,000 kg CO2e from Scope 3. Ignitis has set ambitious climate commitments, aiming to reduce Scope 1 GHG emissions from electricity and heat generation by 94% per MWh by 2030, using a 2020 baseline. Additionally, the company plans to cut absolute Scope 1 and 2 emissions from all other sources by 42% by the same year. Furthermore, Ignitis is committed to reducing Scope 3 emissions from the use of sold products by 42% within the same timeframe. The company has also established long-term targets, including a commitment to achieve net-zero emissions across its value chain by 2040. This includes a further reduction of Scope 1 GHG emissions from electricity and heat generation by 91.5% per MWh by 2040, alongside similar reductions for Scope 3 emissions. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect Ignitis's commitment to addressing climate change and reducing its carbon footprint in line with global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|
Scope 1 | 233,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 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 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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 participating in some of the initiatives that 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.