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 2008, the company has rapidly evolved, achieving significant milestones in sustainable energy solutions across the Baltic region and beyond. With a strong focus on innovation, Ignitis offers a diverse range of services, including energy supply, smart grid solutions, and energy efficiency consulting. Their commitment to sustainability sets them apart, as they actively invest in renewable energy projects, contributing to a greener future. Recognised for their market leadership, Ignitis Group has garnered numerous accolades for their efforts in promoting energy transition and digitalisation within the industry. As a key player in the energy landscape, Ignitis continues to shape the future of energy in Lithuania and the surrounding regions.
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 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 27 is higher than 64% 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. This figure includes 455,000,000 kg CO2e from Scope 1 emissions, 418,000,000 kg CO2e from Scope 2 emissions, and about 3,870,000,000 kg CO2e from Scope 3 emissions. Comparatively, in 2022, the total emissions were around 4,905,000,000 kg CO2e, with Scope 1 at 463,000,000 kg CO2e, Scope 2 at 494,000,000 kg CO2e, and Scope 3 at approximately 3,760,000,000 kg CO2e. The trend shows a slight increase in total emissions from 2022 to 2023. In 2021, Ignitis recorded total emissions of about 4,536,000,000 kg CO2e, with Scope 1 emissions at 732,000,000 kg CO2e, Scope 2 at 529,000,000 kg CO2e, and Scope 3 at approximately 3,275,000,000 kg CO2e. The 2020 figures were higher, with total emissions reaching around 5,338,000,000 kg CO2e, including 767,000,000 kg CO2e from Scope 1 and 579,000,000 kg CO2e from Scope 2. Despite these figures, Ignitis has not publicly disclosed specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for further clarity on their long-term climate strategy.
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Add to project| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 767,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 579,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 3,870,000,000 | 0,000,000,000 | 0,000,000,000 | 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 not committed to any 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.
