Climate action

Targeting net zero emissions

Being aware of the threats posed by climate change and taking a responsible approach to its own activities, Ignitis Group has set interim science-based greenhouse gas (GHG) emission reduction targets and has made a long-term commitment to achieve net zero emissions.

We take active measures to reduce our climate impact by including all Group companies and their employees and invite all our suppliers and partners to follow suit.

Deadline Time left to limit global warming to 1.5°C

0YRS 0DAYS 00:00:00 Responsible energy consumption and savings reduce carbon emissions. Renewable energy is clean and contributes to climate change mitigation. Reusing and recycling help conserve resources and reduce energy wasting.

Climate change is one of our greatest challenges of the century and requires engagement from both public and private sectors as well as from each individual ensuring that average global temperature increase is well-below 2 °C and striving to limit it to 1.5 °C compared to the pre-industrial era, as stated in the Paris Agreement. Scientists warn against crossing this threshold in order to avoid catastrophic natural disasters, negative impact on health and wealth of the residents. Climate clock shows the time when the carbon budget will run out in relation to the current emissions and the global temperature increase caused by human activities (read more).

We have set science-based targets to halve our emissions by 2030

By joining the Business Ambition for 1.5 °C initiative, Ignitis Group has committed itself to achieve net zero by 2050 at the latest. Ignitis Group’s ambitious interim greenhouse gas (GHG) emission reduction targets were validated by the Science-Based Targets initiative in November 2021, which confirmed that our targets comply with the latest scientific recommendations on the steps to be taken to keep global temperature increase to well-below 1.5 °C. We are the first Lithuanian capital company whose GHG emission reduction targets have been validated by the initiative of global organisations battling climate change. The number organisations whose targets have been validated reaches just over 1,800 globally.

GHG emissions reduction targets (from a 2020 baseline)

GHG emissions

We calculate GHG emissions of the Group’s activities according to GHG protocol standards. Calculations of annual emissions are audited by external auditors. We periodically publish the information on our emissions together with the Group’s reports and strive to improve calculation accuracy and ensure that the relevant information meets the expectations of all stakeholders.