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Ignitis Grupe AB

Common Name
Ignitis Grupe
Country
Lithuania
Sector
Utilities
Industry
Utilities - Diversified
Employees
4,834
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 GHG Emissions Data Preview

In 2024, 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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a
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0000000
Total Scope 2
Market-Based
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a
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a
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0000000
Location-Based
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a
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a
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0000000
Total Scope 3
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a
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a
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Ignitis Grupe’s Greenhouse Gas (GHG) Emissions 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 2024
a. Ignitis Grupe's Integrated Report 2024

Insights into Ignitis Grupe's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofIgnitis Grupe amounted to556,000metric 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).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Ignitis Grupeincreased by 10.98%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Ignitis Grupe's Scope 1 Emissions Over Time

202320240150 k300 k450 k600 ktCO2e+15%
  • Total Scope 1
  • Year-over-Year Change

What are Ignitis Grupe's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Ignitis Grupe were 476,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Compared to the previous year(2023), Ignitis Grupe's Scope 1 emissions increased by 14.98%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Ignitis Grupe's Scope 2 emissions?

In 2024, Ignitis Grupe reported Scope 2 greenhouse gas (GHG) emissions of 118,000 tCOâ‚‚e using the market-based method and 80,000 tCOâ‚‚e using the location-based method.a

Has Ignitis Grupe reduced its Scope 2 emissions over time?

Compared to the previous year(2023), Ignitis Grupe's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Ignitis Grupe's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Ignitis Grupe use for Scope 2 reporting?

In 2024, Ignitis Grupe reported its Scope 2 emissions using the market-based method and using the location-based method.a

Ignitis Grupe's Scope 2 Emissions Over Time

20232024050 k100 k150 k200 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Ignitis Grupe's Value Chain Emissions

In 2024, Ignitis Grupe reported 3,454,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Ignitis Grupe includes a breakdown across 8of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Ignitis Grupe's Scope 3 Emissions Over Time

202320240950 k1.9 M2.85 M3.8 MtCO2e-8%
  • Total Scope 3
  • Year-over-Year Change

What are Ignitis Grupe's Scope 3 emissions?

In 2024, Ignitis Grupe reported total Scope 3 emissions of 3,454,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 99.75%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.25%came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2023), Ignitis Grupe's Scope 3 emissions remained relatively stable, indicating that Ignitis Grupe's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does Ignitis Grupe disclose?

In 2024, Ignitis Grupe reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.a

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 2024, the largest contributors to Ignitis Grupe's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 305,000 tCOâ‚‚e(47.3%)
  • Capital Goods (Cat. 2): 258,000 tCOâ‚‚e(40.01%)
  • Waste Generated in Operations (Cat. 5): 76,000 tCOâ‚‚e(11.79%)

Ignitis Grupe's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(47.3%)Waste Generated inOperations (Cat. 5)(11.8%)Capital Goods(Cat. 2)(40.0%)

Insights into Ignitis Grupe’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Ignitis Grupe reported Scope 1 greenhouse gas (GHG) emissions of 476,000 tCOâ‚‚e and total revenues of USD 2,389 millions. This translates into an emissions intensity of 199.26 tCOâ‚‚e per millions USD.a

Ignitis Grupe's Scope 1 Emissions Intensity Compared to Peers

201,000100,0005,000,000200,000,000Scope 1 Emissions (tCO2e)2001,0005,00050,000200,000Revenues (Millions of USD)MRENYear: 2023Scope 1: 29,437 tCO2eRevenue: $M 1,049Scope 1 Intensity: 28.06 tCO2e/$MMarafiqYear: 2024Scope 1: 7,303,754 tCO2eRevenue: $M 1,833Scope 1 Intensity: 3,985.37 tCO2e/$MEDPYear: 2024Scope 1: 1,458,320 tCO2eRevenue: $M 15,574Scope 1 Intensity: 93.64 tCO2e/$MA2AYear: 2024Scope 1: 4,620,312 tCO2eRevenue: $M 13,081Scope 1 Intensity: 353.22 tCO2e/$MMMMetlen Energy & Metals SMSAYear: 2024Scope 1: 3,962,159 tCO2eRevenue: $M 5,914Scope 1 Intensity: 669.99 tCO2e/$MIberdrolaYear: 2024Scope 1: 8,913,000 tCO2eRevenue: $M 46,556Scope 1 Intensity: 191.45 tCO2e/$MALLETEYear: 2023Scope 1: 4,288,000 tCO2eRevenue: $M 1,880Scope 1 Intensity: 2,281.09 tCO2e/$MRWEYear: 2024Scope 1: 53,242,042 tCO2eRevenue: $M 25,208Scope 1 Intensity: 2,112.12 tCO2e/$MYTL Power InternationalYear: 2025Scope 1: 5,505,000 tCO2eRevenue: $M 5,180Scope 1 Intensity: 1,062.79 tCO2e/$MSempraYear: 2024Scope 1: 6,700,000 tCO2eRevenue: $M 13,185Scope 1 Intensity: 508.15 tCO2e/$MAlgonquin Power & UtilitiesYear: 2024Scope 1: 1,913,781 tCO2eRevenue: $M 3,198Scope 1 Intensity: 598.34 tCO2e/$MAvistaYear: 2023Scope 1: 3,035,164 tCO2eRevenue: $M 1,752Scope 1 Intensity: 1,732.84 tCO2e/$MEVNYear: 2024Scope 1: 792,949 tCO2eRevenue: $M 3,638Scope 1 Intensity: 217.99 tCO2e/$MAceaYear: 2024Scope 1: 398,813 tCO2eRevenue: $M 4,242Scope 1 Intensity: 94.03 tCO2e/$MEnergy of Minas GeraisYear: 2024Scope 1: 42,861 tCO2eRevenue: $M 6,446Scope 1 Intensity: 6.65 tCO2e/$MAcwa PowerYear: 2024Scope 1: 20,780,000 tCO2eRevenue: $M 1,677Scope 1 Intensity: 12,393.82 tCO2e/$MEnelYear: 2024Scope 1: 20,210,000 tCO2eRevenue: $M 73,518Scope 1 Intensity: 274.90 tCO2e/$MAESYear: 2024Scope 1: 27,779,000 tCO2eRevenue: $M 12,278Scope 1 Intensity: 2,262.50 tCO2e/$MEnevaYear: 2024Scope 1: 4,710,602 tCO2eRevenue: $M 1,843Scope 1 Intensity: 2,555.58 tCO2e/$MZorlu Enerji Elektrik UretimYear: 2024Scope 1: 714,385 tCO2eRevenue: $M 839Scope 1 Intensity: 851.90 tCO2e/$MCanadian UtilitiesYear: 2024Scope 1: 696,000 tCO2eRevenue: $M 2,601Scope 1 Intensity: 267.56 tCO2e/$MTelecom PlusYear: 2025Scope 1: 52 tCO2eRevenue: $M 2,381Scope 1 Intensity: 0.02 tCO2e/$MOrigin EnergyYear: 2025Scope 1: 31,843,000 tCO2eRevenue: $M 11,269Scope 1 Intensity: 2,825.84 tCO2e/$MAtcoYear: 2024Scope 1: 713,000 tCO2eRevenue: $M 3,436Scope 1 Intensity: 207.54 tCO2e/$MIgnitis GrupeYear: 2024Scope 1: 476,000 tCO2eRevenue: $M 2,389Scope 1 Intensity: 199.26 tCO2e/$M

How does Ignitis Grupe's GHG emissions intensity compare to its peers?

In 2024, Ignitis Grupe reported a Scope 1 emissions intensity of 199.26 tCOâ‚‚e per millions USD. Compared to the peer group median of 553.25, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Ignitis Grupe rank on GHG emissions intensity within its industry?

In 2024, Ignitis Grupe ranked 7 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Ignitis Grupe is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Ignitis Grupe's Total Carbon Footprint

In 2024, Ignitis Grupe reported a total carbon footprint of 4,010,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Ignitis Grupe's total carbon footprint was Scope 3 emissions, accounting for 86.13% of the company's total carbon footprint, followed by Scope 1 emissions at 11.87%.a

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