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Ignitis Grupe AB

Common Name
Ignitis Grupe
Country
Lithuania
Sector
Utilities
Industry
Utilities - Diversified
Employees
4,778
Ticker
IGN1L
Exchange
AB NASDAQ VILNIUS
Description
Ignitis Grupe AB is a leading state-owned energy holding company headquartered in Vilnius, Lithuania. As an integrated utility, its core operations encompass electricity and natural gas distribution, ...

Ignitis Grupe's Climate Target Data Preview

As of 2025, Ignitis Grupe has disclosed 12 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 7 absolute reduction targets and 5 intensity-based targets, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Ignitis Grupe's climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Mobile Combustion
Metric Tonnes of CO2 equivalent (mtCO2e)
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Tracenable value for the metrica
2030
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
0000000
2030
Absolute-based Target*
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3)
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy/Paste is a PRO feature.
Tracenable value for the metrica
2030
Absolute-based Target*
Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e)
0000000
2030
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy/Paste is a PRO feature.
Tracenable value for the metrica
2040
Absolute-based Target*
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3)
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy/Paste is a PRO feature.
Tracenable value for the metrica
2040
Absolute-based Target*
Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e)
0000000
2040
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity from Unspecified Activities
Copy/Paste is a PRO feature.
Tracenable value for the metrica
2028
Intensity-based Target*
Scope 1 - Stationary Combustion, Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Sold
Copy/Paste is a PRO feature.
Tracenable value for the metrica
2030
Intensity-based Target*
Scope 1 - Stationary Combustion, Scope 1 - Other/Unspecified Sources
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced
Copy/Paste is a PRO feature.
Tracenable value for the metrica
2030
Intensity-based Target*
Scope 1 - Stationary Combustion, Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Sold
Copy/Paste is a PRO feature.
Tracenable value for the metrica
2040
Intensity-based Target*
Scope 1 - Stationary Combustion, Scope 1 - Other/Unspecified Sources
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced
Copy/Paste is a PRO feature.
Tracenable value for the metrica
2040
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
Limited Data Preview
You are viewing a limited preview of Ignitis Grupe’s Climate Target dataset. The full dataset, available for download, includes detailed baseline information for both absolute and intensity targets, along with reported progress and achievement details as of 2025.
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Verified Sources Behind Ignitis Grupe’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Ignitis Grupe’s data sources below and access millions more through our Disclosure Search.

a. Ignitis Grupe's Integrated Report 2025

Insights into Ignitis Grupe's Greenhouse Gas Emissions Pathways

As of 2025, Ignitis Grupe has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.a

Does Ignitis Grupe have a target to reduce the emissions from its operations?

As of 2025, Ignitis Grupe has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a

Ignitis Grupe's most ambitious operational target is to reduce these emissions by 91.5% by 2040, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced in 2023.a

Instead of reducing operational emissions, Ignitis Grupe has increased them, with 2025 levels exceeding those of the 2023 baseline, placing the company well behind its reduction target.a

Ignitis Grupe's Operational (Scope 1+2) Emissions Pathway

202320252030204000000Current (+1%)Target 2040 (-91%)

Does Ignitis Grupe have a target to reduce the emissions from its value chain?

As of 2025, Ignitis Grupe has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 2 out of the 15 Scope 3 categories defined by the GHG Protocol.a

Ignitis Grupe's most ambitious value chain target is to reduce these emissions by 90% by 2040, compared to a baseline of 434,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2023.a

As of 2025, Ignitis Grupe is lagging behind on its value chain emissions reduction target, having achieved 0.51% of the planned reduction.a

Ignitis Grupe's Value Chain (Scope 3) Emissions Pathway

20232025203020400150 k300 k450 k600 kCurrent (-0%)Target 2030 (-42%)Target 2040 (-90%)
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