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 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, the generation and development of green energy technologies, as well as the provision of broad energy solutions for private and business clients across the Baltic states, Poland, and Finland. The company is a dominant player in advancing renewable energy, actively investing in onshore and offshore wind power, large-scale solar projects, batteries, and emerging technologies such as green hydrogen and power-to-X systems. Through its subsidiaries, Ignitis Grupe AB manages a substantial portfolio of energy infrastructure, including one of the largest pumped-storage hydroelectric plants in the Baltics, numerous wind and solar parks, and major electricity and gas distribution networks.
Purpose-driven, Ignitis Grupe AB aims to create a 100% green and secure energy ecosystem for present and future generations, supporting Europe’s decarbonisation and energy independence goals. The company has established itself as the largest public energy company in the region, maintaining more than 130,000 kilometers of electricity networks and serving 1.4 million customers. Its significance is further underscored by its role in energy security, system balancing, and the ongoing transition to sustainable energy solutions throughout Northern and Eastern Europe.
In 2024, Ignitis Grupe was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.
The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.
Ignitis Grupe has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Ignitis Grupe are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
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Total Taxonomy Aligned A1 Turnover
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Total Taxonomy Eligible A Turnover
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Total Taxonomy Non-Eligible B Turnover
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4.10 CCM/CCA - Storage of electricity
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4.20 CCM/CCA - Cogeneration of heat/cool and power from bioenergy
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4.24 CCM/CCA - Production of heat/cool from bioenergy
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4.3 CCM/CCA - Electricity generation from wind power
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4.5 CCM/CCA - Electricity generation from hydropower
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4.9 CCM/CCA - Transmission and distribution of electricity
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6.15 CCA - Infrastructure enabling road transport and public transport
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7.6 CCM/CCA - Installation, maintenance and repair of renewable energy technologies
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Metric (tonnes)
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Total Taxonomy Aligned A1 Opex
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Total Taxonomy Eligible A Opex
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Total Taxonomy Non-Eligible B Opex
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4.10 CCM/CCA - Storage of electricity
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4.20 CCM/CCA - Cogeneration of heat/cool and power from bioenergy
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4.24 CCM/CCA - Production of heat/cool from bioenergy
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4.3 CCM/CCA - Electricity generation from wind power
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4.5 CCM/CCA - Electricity generation from hydropower
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4.9 CCM/CCA - Transmission and distribution of electricity
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6.15 CCA - Infrastructure enabling road transport and public transport
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2021 - 2017
Total Taxonomy Aligned A1 Capex
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Total Taxonomy Eligible A Capex
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Total Taxonomy Non-Eligible B Capex
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4.1 CCM/CCA - Electricity generation using solar photovoltaic technology
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4.10 CCM/CCA - Storage of electricity
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4.20 CCM/CCA - Cogeneration of heat/cool and power from bioenergy
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4.24 CCM/CCA - Production of heat/cool from bioenergy
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4.3 CCM/CCA - Electricity generation from wind power
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4.9 CCM/CCA - Transmission and distribution of electricity
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6.15 CCA - Infrastructure enabling road transport and public transport
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6.5 CCM/CCA - Transport by motorbikes, passenger cars and light commercial vehicles
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7.6 CCM/CCA - Installation, maintenance and repair of renewable energy technologies
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Other Activities
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Limited Data Preview
You are viewing a limited preview of Ignitis Grupe’s EU Taxonomy dataset. The full dataset, available for download, includes eligibility and alignment metrics for turnover, CAPEX, and OPEX across all EU Taxonomy categories (A1, A2, A, B, and A+B), at both aggregate and activity level, with historical coverage back to 2022.
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Verified Sources Behind Ignitis Grupe’s EU Taxonomy 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 EU Taxonomy Report 2024
b. Ignitis Grupe's EU Taxonomy Report 2023
c. Ignitis Grupe's Annual Report 2022
Insights into Ignitis Grupe's Revenues from Sustainable Activities
In 2024, Ignitis Grupe reported EU Taxonomy-eligible revenues of EUR 1.06 billion, representing 45.9% of its total turnover. Of this amount, EUR 912.10 million of Ignitis Grupe's revenues was classified as EU Taxonomy-aligned, indicating that 39.5% of the revenue-generating activities undertaken by the company substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
Ignitis Grupe's Taxonomy-Eligible Turnover Over Time
Total Taxonomy Aligned A1 Turnover
Total Taxonomy Eligible but Not Aligned A2 Turnover
Have Ignitis Grupe's revenues become more sustainable over time?
Since 2022, Ignitis Grupe's taxonomy-aligned revenues increased by 91.75%,reflecting a sustained upward trend in environmentally sustainable revenue generation.a, c
Compared to the previous year (2023), Ignitis Grupe's taxonomy-aligned revenues increased by 41.58%,highlighting Ignitis Grupe's deeper integration of environmentally sustainable activities into its core business model, or improved classification and reporting of those activities under the EU Taxonomy.a, b
How much of Ignitis Grupe's revenue is eligible under the EU Taxonomy?
In 2024, Ignitis Grupe reported that EUR 1.06 billion of its revenue was eligible under the EU Taxonomy, representing 45.9% of the company's total turnover. Of this amount, EUR 912.10 million (39.5% of total revenue) was classified as Taxonomy-aligned. This means that 6.4% of Ignitis Grupe's revenue is eligible but not aligned, indicating that these activities did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards.a
How much of Ignitis Grupe's eligible revenue is aligned with the EU Taxonomy?
In 2024, Ignitis Grupe reported that EUR 912.10 million of its revenue was aligned under the EU Taxonomy, representing 39.5% of its total turnover.a
This moderate level of alignment indicates that Ignitis Grupe has begun shifting toward more sustainable operations but still has considerable room to enhance its green offerings.
Ignitis Grupe's Eligibility & Alignment Overview
Ignitis Grupe's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Turnover
Total Taxonomy Eligible but Not Aligned A2 Turnover
How is Ignitis Grupe's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2024, Ignitis Grupe reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 39.6%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 0%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%
How much revenue does Ignitis Grupe earn from selling climate-related solutions ?
In 2024, Ignitis Grupe reported that EUR 913.57 million of its total revenue was associated with activities contributing to the EU taxonomy climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This accounted for 39.6% of the company's total revenue,indicating that Ignitis Grupehas a moderate focuson solutions that support climate action through its commercial activities.a
Insights into Ignitis Grupe's CAPEX from Sustainable Activities
In 2024, Ignitis Grupe reported EU Taxonomy-eligible CAPEX of EUR 831.30 million,representing 92.7% of its total CAPEX. Of this amount, EUR 825.20 million of Ignitis Grupe's CAPEX was classified as EU Taxonomy-aligned, indicating that 92% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
Ignitis Grupe's Taxonomy-Eligible Capex Over Time
Total Taxonomy Aligned A1 Capex
Total Taxonomy Eligible but Not Aligned A2 Capex
Have Ignitis Grupe's increased its investment in sustainable activities over time?
Since 2022, Ignitis Grupe's taxonomy-aligned capital expenditure (CAPEX)increased by 2.79%,pointing to a long-term shift toward greater investment in environmentally sustainable activities recognized under the EU Taxonomy.a, c
Compared to the previous year (2023), Ignitis Grupe's taxonomy-aligned CAPEX decreased by 2.95%,suggesting that Ignitis Grupe may have scaled back investments in sustainable projects, reprioritized its capital deployment, or reduced transparency in its taxonomy-aligned disclosures.a, b
How much of Ignitis Grupe's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2024, Ignitis Grupe reported that EUR 831.30 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 92.7% of the company's total CAPEX. Of this amount, EUR 825.20 million (92% of total CAPEX) was classified as Taxonomy-aligned. This means that 0.7% of Ignitis Grupe's CAPEX is eligible but not aligned, indicating that these investments either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).a
How much of Ignitis Grupe's eligible CAPEX is aligned with the EU Taxonomy?
In 2024, Ignitis Grupe reported that EUR 825.20 million of its CAPEX was aligned under the EU Taxonomy, representing 92% of its total capital investment.a
This strong alignment suggests that Ignitis Grupe is directing a significant portion of its capital investments toward environmentally sustainable assets or activities, reinforcing a strategic focus on long-term sustainability.
Ignitis Grupe's Eligibility & Alignment Overview
Ignitis Grupe's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Capex
Total Taxonomy Eligible but Not Aligned A2 Capex
How is Ignitis Grupe's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2024, Ignitis Grupe reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 91.9%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 0%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%
How much Ignitis Grupe is investing in climate-related solutions?
In 2024, Ignitis Grupe allocated EUR 824.25 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 91.9% of the company's total capital expenditure,indicating that Ignitis Grupeis prioritizing climate-focused investments as a central part of its overall capital strategy.a
Insights into Ignitis Grupe's OPEX from Sustainable Activities
In 2024, Ignitis Grupe reported EU Taxonomy-eligible OPEX of EUR 58.70 million,representing 74.7% of its total operating expenses (OPEX). Of this amount, EUR 52.40 million of Ignitis Grupe's OPEX was classified as EU Taxonomy-aligned, indicating that 66.7% of the company's operating expenses were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
Ignitis Grupe's Taxonomy-Eligible Opex Over Time
Total Taxonomy Aligned A1 Opex
Total Taxonomy Eligible but Not Aligned A2 Opex
Have Ignitis Grupe's increased its spending in sustainable activities over time?
Since 2022, Ignitis Grupe's taxonomy-aligned operating expenditure (OPEX)increased by 2.77%,pointing to a long-term trend of increased spending on environmentally sustainable operations and services recognized under the EU Taxonomy.a, c
Compared to the previous year (2023), Ignitis Grupe's taxonomy-aligned OPEX remained relatively stable, indicating that Ignitis Grupe maintained consistent levels of sustainable operational expenditure, without significant changes in taxonomy-aligned activity coverage.a, b
How much of Ignitis Grupe's operational expenditure (OPEX) is eligible under the EU Taxonomy?
In 2024, Ignitis Grupe reported that EUR 58.70 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 74.7% of the company's total OPEX. Of this amount, EUR 52.40 million (66.7% of total OPEX) was classified as Taxonomy-aligned. This means that 8% of Ignitis Grupe's OPEX is eligible but not aligned, indicating that these expenditures either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).a
How much of Ignitis Grupe's eligible OPEX is aligned with the EU Taxonomy?
In 2024, Ignitis Grupe reported that EUR 52.40 million of its OPEX was aligned under the EU Taxonomy, representing 66.7% of its total operational expenditure.a
This strong alignment suggests that Ignitis Grupe is allocating a significant share of its operating budget to environmentally sustainable activities, signaling a strategic emphasis on day-to-day sustainability performance.
Ignitis Grupe's Eligibility & Alignment Overview
Ignitis Grupe's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Opex
Total Taxonomy Eligible but Not Aligned A2 Opex
How is Ignitis Grupe's taxonomy-aligned OPEX distributed across the EU environmental objectives?
In 2024, Ignitis Grupe reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 66.6%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 0%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%
How much of Ignitis Grupe's operational budget supports climate-related solutions?
In 2024, Ignitis Grupe allocated EUR 52.35 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 66.6% of the company's total OPEX,indicating that Ignitis Grupeis focusing a significant share of its operational spending on supporting climate action through its day-to-day activities.a
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