Priorities for sustainability

 

We are firmly committed to building a sustainable future. We do not use coal in energy production, and we do not develop nuclear energy. We build harmonious and long-term relationships with our employees, customers, partners and everyone who is interested in the successful operation of the Ignitis Group. We align our business objectives with the United Nations Sustainable Development Goals and strive to minimize the environmental impact of our operations.

Stakeholders

Stakeholder involvement is crucial to ensure that the Group's activities are developed responsibly and coherently. By including social and environmental issues in our relations with stakeholders, we aim not only to contribute to building a sustainable society and preserving the environment for future generations, but also to encourage others to contribute. In carrying out our activities, we strive to take into account the interests of our stakeholders and to make decisions that meet their best interests.

stakeholders

Shaping our priorities

In 2021, we involved a wide range of our stakeholders in determining our sustainability activities. We conducted a materiality assessment, during which we asked our customers, employees, partners and others how the Group could best contribute to environmental sustainability and societal issues. Nearly three thousand respondents shared their views with us. We invite you to read the full report here.

Considering stakeholders' expectations is an important part of shaping sustainability priorities. During strategic sessions, the Group's management discussed how the expressed views can be best embedded into, and served by, the Group's strategy. The matrix below illustrates the outcome of these discussions – the sustainability topics that are important to our Group, also showing how each topic reflects stakeholder opinions and our strategic priorities.

The full matrix systematizes the most relevant aspects of sustainability for the Group and provides a roadmap to help create the greatest positive impact for both the company and its stakeholders. We continue to develop sustainability goals and their implementation programs in priority areas.

Materiality assessment
Materiality matrix
1028

 

Sustainable Development Goals

We integrate environmental, social responsibility and good governance criteria into our business goals, which are in line with the United Nations Sustainable Development Goals (SDGs). We contribute to the implementation of all SDGs, focusing on five, the pursuit of which allows us to make a significant contribution.

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7. Affordable and clean energy

Our contribution to ensuring that everyone has access to affordable, reliable, sustainable and modern energy:

  • We ensure the availability of energy services,
  • We develop renewable energy,
  • We promote the development and consumption of clean energy,
  • We implement innovations in energy.
8. Decent work and economic growth

Our contribution to sustainable economic growth and efficient employment:

  • We ensure equal working and salary conditions for employees,
  • We fully respect human rights and freedoms,
  • We do not tolerate any form of discrimination or harassment,
  • We maintain a culture of safe work.
9. Industry, innovation and infrastructure

Our contribution to the development of flexible infrastructure, promoting inclusive and sustainable industrialization and innovation:

  • We invest in sustainable infrastructure and its improvement,
  • We contribute to research, invest in development projects,
  • We support international cooperation,
  • We help to develop innovations that benefit society.
12. Responsible consumption and production

Our contribution to responsible consumption and production:

  • We pay great attention to the selection of reliable partners and ensuring a fair partnership,
  • We promote responsible energy consumption,
  • When developing products and services, we strive to use resources efficiently,
  • We promote waste sorting and rational management and use of resources,
  • We develop green energy production capacity.
13. Mitigation of climate change effects

Our contribution to urgent action to combat climate change and its effects:

  • We are implementing a decarbonisation strategy,
  • We reduce the environmental impact of our operations and aim to manage emissions in order to eventually become CO2 neutral,
  • We adhere to the highest environmental and ecological standards,
  • We increase the resilience of energy infrastructure and adaptation to the effects of climate change.

We will reduce CO2 to zero by 2050

By joining the Business Ambition for 1.5°C initiative of the United Nations and other international organisations in December 2019, we set out in our strategy a commitment to become a CO2 neutral company by 2050. In the near future, we will set intermediate measurable and science-based targets, on how gradual decarbonisation is going to be achieved in all activities of the Group. We will publish the results of the implementation of these goals.

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The road to CO2 neutrality in 2050 at Ignitis Group

2020

Action plan

In 2020, we are preparing a comprehensive action plan on how to measure and reduce CO2 emissions.

2021

Assessment of the effects on the environment

Starting in 2021, we intend to assess and disclose the impact on the environment and natural resources in accordance with the CDP (Carbon Disclosure Project) methodology. We are going to be ready for the targeted implementation of the CO2 emissions plan.

2021 and beyond

Emission management and reduction

Stage I: reduction of emissions related to the activities of the Group companies and development of green production.
Stage II: reduction of energy consumption.
Stage III: reduction of supply chain emissions.

Information on CO2 emissions and other environmental, social responsibility and good governance indicators of the Group's companies can be found in the ESG indicator reports, which are published in the Sustainability Activities and Results section of this website.