Ignitis Grupe AB

Common Name
Ignitis Grupe
Country
Lithuania
Sector
Utilities
Industry
Utilities - Diversified
Employees
4,728
Ticker
IGN1L
Exchange
AB NASDAQ VILNIUS
Description
AB Ignitis Grupe is a diversified energy company based in Lithuania, focusing on electricity and gas supply, as well as power generation. As a leading energy entity in the Baltic region, its primary p...

Ignitis Grupe EU Taxonomy Data Preview

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.

Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Turnover
0000000
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0000000
Total Taxonomy Eligible A Turnover
0000000
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0000000
Total Taxonomy Non-Eligible B Turnover
0000000
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0000000
Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Opex
0000000
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0000000
Total Taxonomy Eligible A Opex
0000000
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0000000
Total Taxonomy Non-Eligible B Opex
0000000
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0000000
Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Capex
0000000
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0000000
Total Taxonomy Eligible A Capex
0000000
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Total Taxonomy Non-Eligible B Capex
0000000
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This table provides a simplified preview of selected EU Taxonomy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

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).

Ignitis Grupe's Taxonomy-Eligible Turnover Over Time

2022202320240%15%30%45%60%% Taxonomy-Eligible turnover
  • 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.

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.

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.

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.

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

Total TaxonomyNon-Eligible BTurnover(54.1%)Total TaxonomyAligned A1 Turnover(39.5%)Total TaxonomyEligible but NotAligned A2 Turnover(6.4%)

Ignitis Grupe's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%10%20%30%40%% Taxonomy-Eligible turnover
  • 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 objectives:

  • 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 Grupe has a moderate focus on solutions that support climate action through its commercial activities.

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).

Ignitis Grupe's Taxonomy-Eligible Capex Over Time

2022202320240%25%50%75%100%% Taxonomy-Eligible capex
  • 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.

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.

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).

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.

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

Total TaxonomyNon-Eligible B Capex(7.3%)Total TaxonomyAligned A1 Capex(92.0%)Total TaxonomyEligible but NotAligned A2 Capex(0.7%)

Ignitis Grupe's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%25%50%75%100%% Taxonomy-Eligible capex
  • 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 objectives:

  • 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 Grupe is prioritizing climate-focused investments as a central part of its overall capital strategy.

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).

Ignitis Grupe's Taxonomy-Eligible Opex Over Time

2022202320240%20%40%60%80%% Taxonomy-Eligible opex
  • 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.

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.

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).

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.

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

Total TaxonomyNon-Eligible B Opex(25.3%)Total TaxonomyAligned A1 Opex(66.7%)Total TaxonomyEligible but NotAligned A2 Opex(8.0%)

Ignitis Grupe's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%20%40%60%80%% Taxonomy-Eligible opex
  • 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 objectives:

  • 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 Grupe is focusing a significant share of its operational spending on supporting climate action through its day-to-day activities.

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