Ignitis Group, a leading energy company headquartered in Lithuania (LT), has established itself as a key player in the European energy sector since its founding in 2016. With a strong focus on renewable energy, the company operates across various regions, including the Baltic States and Poland, providing innovative solutions in electricity generation, distribution, and supply. The company’s core offerings include green energy production, energy efficiency services, and smart grid technologies, all designed to support a sustainable future. Ignitis Group is recognised for its commitment to reducing carbon emissions and enhancing energy security, positioning itself as a pioneer in the transition to a low-carbon economy. With notable achievements in expanding its renewable energy portfolio, Ignitis Group continues to drive progress in the energy industry, making significant strides towards a greener tomorrow.
How does Ignitis Group'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 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 Group's score of 30 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Ignitis Group reported total carbon emissions of approximately 2,427,819,000 kg CO2e, with emissions distributed across various scopes: 455,044 kg CO2e (Scope 1), 116,819 kg CO2e (Scope 2), and 2,427,819,000 kg CO2e (Scope 3). The company has set ambitious climate commitments, aiming to reduce Scope 1 greenhouse gas emissions from electricity and heat generation by 94% per MWh by 2030, using 2020 as the baseline year. Additionally, Ignitis Group targets a 90% reduction in Scope 1 and 3 emissions from all sold electricity and heat within the same timeframe. They also plan to cut absolute Scope 1 and 2 emissions from other sources by 42% and Scope 3 emissions from the use of sold products by 25%. These targets align with the Science Based Targets initiative (SBTi) and reflect Ignitis Group's commitment to achieving significant reductions in their carbon footprint, contributing to global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 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 |
Scope 3 | 3,083,000,000 | 0,000,000,000 | 0,000 | 0,000 | 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 Group 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.