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's GHG Emissions Data Preview

In 2023, Ignitis Grupe completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Ignitis Grupe has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions 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 Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Ignitis Grupe amounted to 571,863 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Ignitis Grupe's Scope 1 Emissions Over Time

20230150 k300 k450 k600 ktCO2e
  • Total Scope 1
  • Year-over-Year Change

What are Ignitis Grupe's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Ignitis Grupe were 455,044 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

What are Ignitis Grupe's Scope 2 emissions?

In 2023, Ignitis Grupe reported Scope 2 greenhouse gas (GHG) emissions of 417,967 tCOâ‚‚e using the market-based method and 116,819 tCOâ‚‚e using the location-based method.

What methodology does Ignitis Grupe use for Scope 2 reporting?

In 2023, Ignitis Grupe reported its Scope 2 emissions using the market-based method and using the location-based method.

Ignitis Grupe's Scope 2 Emissions Over Time

20230150 k300 k450 k600 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Ignitis Grupe's Value Chain Emissions

In 2023, Ignitis Grupe reported 2,427,819 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Ignitis Grupe includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in , reflecting improved emissions accounting practices and greater transparency across the company's value chain

Ignitis Grupe's Scope 3 Emissions Over Time

20230650 k1.3 M1.95 M2.6 MtCO2e
  • Total Scope 3
  • Year-over-Year Change

What are Ignitis Grupe's Scope 3 emissions?

In 2023, Ignitis Grupe reported total Scope 3 emissions of 2,427,819 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 3.53% of these emissions originated from upstream activities such as purchased goods and capital goods, while 96.47% came from downstream activities like product use, distribution, and end-of-life treatment.

What categories of Scope 3 emissions does Ignitis Grupe disclose?

In 2023, Ignitis Grupe reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Ignitis Grupe's Scope 3 emissions?

In 2023, the largest contributors to Ignitis Grupe's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 2,342,105 tCOâ‚‚e (96.47%)
  • Fuel- and Energy-Related Services (Cat. 3): 73,517 tCOâ‚‚e (3.03%)
  • Waste Generated in Operations (Cat. 5): 6,771 tCOâ‚‚e (0.28%)

Ignitis Grupe's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(3.0%)Use of Sold Products(Cat. 11)(96.5%)

Insights into Ignitis Grupe's Total Carbon Footprint

In 2023, Ignitis Grupe reported a total carbon footprint of 2,999,682 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions.

The largest contributor to Ignitis Grupe's total carbon footprint was Scope 3 emissions, accounting for 80.94% of the company's total carbon footprint, followed by Scope 1 emissions at 15.17%.

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