Litgrid AB

Common Name
Litgrid
Country
Lithuania
Sector
Utilities
Industry
Utilities - Regulated Electric
Employees
466
Ticker
LGD1L
Exchange
AB NASDAQ VILNIUS
Description
Litgrid AB is an essential operator within the energy sector, primarily serving as the backbone of electricity transmission in Lithuania. As a transmission system operator (TSO), Litgrid AB plays a cr...

Litgrid EU Taxonomy Data Preview

In 2024, Litgrid 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.

Litgrid has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Litgrid 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
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Taxonomy Eligible A Turnover
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Taxonomy Non-Eligible B Turnover
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Opex
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Taxonomy Eligible A Opex
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Taxonomy Non-Eligible B Opex
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Capex
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Taxonomy Eligible A Capex
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Taxonomy Non-Eligible B Capex
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000

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 Litgrid's Revenues from Sustainable Activities

In 2024, Litgrid reported EU Taxonomy-eligible revenues of EUR 375.70 million, representing 99.3% of its total turnover. Of this amount, EUR 375.70 million of Litgrid's revenues was classified as EU Taxonomy-aligned, indicating that 99.3% 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).

How much of Litgrid's revenue is eligible under the EU Taxonomy?

In 2024, Litgrid reported that EUR 375.70 million of its revenue was eligible under the EU Taxonomy, representing 99.3% of the company's total turnover. Of this amount, EUR 375.70 million (99.3% of total revenue) was classified as Taxonomy-aligned. This means that 0% of Litgrid'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 Litgrid's eligible revenue is aligned with the EU Taxonomy?

In 2024, Litgrid reported that EUR 375.70 million of its revenue was aligned under the EU Taxonomy, representing 99.3% of its total turnover.

This strong alignment suggests that Litgrid has strategically integrated environmentally sustainable activities into its core business model, positioning itself as a leader in the green transition.

Litgrid's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible BTurnover(0.7%)Total TaxonomyAligned A1 Turnover(99.3%)

Litgrid's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%25%50%75%100%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

How is Litgrid's taxonomy-aligned revenue distributed across the EU environmental objectives?

In 2024, Litgrid reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 99.3%
  • 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 Litgrid earn from selling climate-related solutions ?

In 2024, Litgrid reported that EUR 375.65 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 99.3% of the company's total revenue, indicating that Litgrid primarily focuses on solutions that support climate action through its commercial activities.

Insights into Litgrid's CAPEX from Sustainable Activities

In 2024, Litgrid reported EU Taxonomy-eligible CAPEX of EUR 209.70 million, representing 98.1% of its total CAPEX. Of this amount, EUR 209.70 million of Litgrid's CAPEX was classified as EU Taxonomy-aligned, indicating that 98.1% 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).

How much of Litgrid's capital expenditure (CAPEX) is eligible under the EU Taxonomy?

In 2024, Litgrid reported that EUR 209.70 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 98.1% of the company's total CAPEX. Of this amount, EUR 209.70 million (98.1% of total CAPEX) was classified as Taxonomy-aligned. This means that 0% of Litgrid'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 Litgrid's eligible CAPEX is aligned with the EU Taxonomy?

In 2024, Litgrid reported that EUR 209.70 million of its CAPEX was aligned under the EU Taxonomy, representing 98.1% of its total capital investment.

This strong alignment suggests that Litgrid is directing a significant portion of its capital investments toward environmentally sustainable assets or activities, reinforcing a strategic focus on long-term sustainability.

Litgrid's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Capex(1.9%)Total TaxonomyAligned A1 Capex(98.1%)

Litgrid'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 Litgrid's taxonomy-aligned CAPEX distributed across the EU environmental objectives?

In 2024, Litgrid reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 98.1%
  • 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 Litgrid is investing in climate-related solutions?

In 2024, Litgrid allocated EUR 209.64 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 98.1% of the company's total capital expenditure, indicating that Litgrid is prioritizing climate-focused investments as a central part of its overall capital strategy.

Insights into Litgrid's OPEX from Sustainable Activities

In 2024, Litgrid reported EU Taxonomy-eligible OPEX of EUR 21.50 million, representing 88.5% of its total operating expenses (OPEX). Of this amount, EUR 21.50 million of Litgrid's OPEX was classified as EU Taxonomy-aligned, indicating that 88.2% 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).

How much of Litgrid's operational expenditure (OPEX) is eligible under the EU Taxonomy?

In 2024, Litgrid reported that EUR 21.50 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 88.5% of the company's total OPEX. Of this amount, EUR 21.50 million (88.2% of total OPEX) was classified as Taxonomy-aligned. This means that 0.3% of Litgrid'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 Litgrid's eligible OPEX is aligned with the EU Taxonomy?

In 2024, Litgrid reported that EUR 21.50 million of its OPEX was aligned under the EU Taxonomy, representing 88.2% of its total operational expenditure.

This strong alignment suggests that Litgrid is allocating a significant share of its operating budget to environmentally sustainable activities, signaling a strategic emphasis on day-to-day sustainability performance.

Litgrid's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Opex(11.5%)Total TaxonomyAligned A1 Opex(88.2%)Total TaxonomyEligible but NotAligned A2 Opex(0.3%)

Litgrid's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%25%50%75%100%% Taxonomy-Eligible opex
  • Total Taxonomy Aligned A1 Opex
  • Total Taxonomy Eligible but Not Aligned A2 Opex

How is Litgrid's taxonomy-aligned OPEX distributed across the EU environmental objectives?

In 2024, Litgrid reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 88.2%
  • 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 Litgrid's operational budget supports climate-related solutions?

In 2024, Litgrid allocated EUR 21.52 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 88.2% of the company's total OPEX, indicating that Litgrid is focusing a significant share of its operational spending on supporting climate action through its day-to-day activities.

Want Full Access to Litgrid's EU Taxonomy Dataset?
Sign Up