Creating an Energy-Smart world

Our strategy places a priority on rapid renewables expansion and commitment to create a sustainable future. We target to reach 4 GW of installed green generation capacity by 2030 and are committed to reducing net carbon dioxide (CO2) emissions to zero by 2050.

We align our business targets with the United Nations’ Sustainable Development Goals (SDG), and ESG criteria are an integral part of our strategic goals with strong commitment to a more sustainable future. We target investments to ensure a reliable and flexible energy system. Enabling energy transition and evolution. Developing innovative solutions to make life easier for the energy smart.

Strategy   Strategic plan 2022–2025

Our vision, mission and values

Nuotrauka
Mission, vision
Aprašymas

VISION

In our vision, we transform for a more sustainable world.

MISSION

In everything we do, we are united by the mission to make the world more energy smart.

VALUES

Each day we develop energy that works ever better, smarter and more conveniently. Our values unite, motivate and inspire us.

Responsibility

Responsibility

Care. Do. For Earth.
Starting with myself.
Partnerships

Partnerships

Diverse. Strong.
Together.
Openness

Openness

See. Understand. Share.
Open to the world.
Growth

Growth

Curious. Bold.
Everyday.

Our strategic priorities

Creating a sustainable future

Becoming CO2 neutral. ESG principles driven

Growing renewables

Growing renewables to meet regional energy commitments

Ensuring resilience, enabling transition

Ensuring resilience and flexibility of the energy system. Enabling energy transition and evolution

Capturing growth opportunities

Capturing growth opportunities and developing innovative solutions to make life easier and more energy smart

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In our strategy we focus on four key strategic priorities: create a sustainable future, grow green generation capacity, ensure resilience and flexibility of the energy system, capture growth opportunities.

In our strategy we focus on four key strategic priorities. First, we are creating a sustainable future. ESG criteria are an integral part of our strategic goals with strong commitment to a more sustainable future. We align our business targets with the United Nations’ Sustainable Development Goals and we are committed to reducing net carbon dioxide emissions to zero by 2050. We also strive to align our businesses with science-based targets to a 1.5°C-compliant business model. Second, we are ensuring resilience and flexibility of the energy system, as well as enabling energy transition and evolution. Third, we are growing renewables to meet regional energy commitments. We target to reach 4 GW of installed green generation capacity by 2030. Fourth, we are capturing growth opportunities and developing innovative solutions to make life easier for the energy smart.

Our focus is on the home markets – the Baltic countries, Poland, and Finland. We also explore new opportunities in countries on the energy transition path.

We pursue our strategic priorities with a strong focus on financial discipline. Our engaged people, agile teams, learning culture, organisation with strong governance model and digital approach are the integral parts of our strategy.

Our goals

Financial

 

Business

                                     

Adjusted EBITDA, 2025
of which a sustainable share, 2025

Adjusted EBITDA growth 2025 vs. 2021

370–410 EURm
70%
+11–23%

Green generation installed capacity:
– 2025
– 2030


2.0–2.2 GW
4.0 GW

Average ROCE, 20222025

5.5–6.5% 

Science-based emissions reduction (to align with 1,5 °C scenario alongside an explicit net zero-by-2050 commitment):
– 2025 vs 2020
– 2030 vs 2020

 

(23%)
(47%)


Dividend policy
 

minimum 3% annual grow rate
 

Safety at work:
– Fatal accidents of own employees and contractors
, 2025
–  Total recordable injury rate (TRIR) of own employees, 2025

0

<1.90

Minimum DPS1, 2025 1.35 EUR

Engaged employees, diverse and inclusive workplace:
– Employee Net promoter score
, 20222025
– Share of women in top management, 2025

>50%
≥34%

Dividend yield1, 20222025 6.0–6.6% Electricity SAIFI2: average 2022–2026
≤ 1.06

Total CAPEX, 2022–2025
– of which a sustainable share
, 2022–2025

1.7–2.0 EURbn
>90%

Network digitalisation: # of smart meters in 2025

1.1–1.2 million

Net Debt/Adjusted EBITDA, 2022–2025

<5x

Market position in ancillary services in Lithuania, 2022–2025

#1

Solid investment-grade rating (S&P), 2022–2025

'BBB' or above

Green electricity share in our supply portfolio, 2025

>50%

1 Minimum dividend per share is calculated based on the No. of shares (73,040,514 ordinary registered shares). Dividend yield is calculated based on the Ignitis group share price: 20.5 €/sh.  2 Calculated based on the National Energy Regulatory Council methodology, excluding (1) interruptions due to natural phenomena corresponding to the values of natural, catastrophic meteorological and hydrological phenomena indicators; (2) interruptions due to failures in the network of the transmission system operator. 

Previous strategic plans

To ensure strategy implementation, on a yearly basis, we announced a strategic plan with targets and KPIs set for the next 4-year period.

Previous strategic plans are available here:

Strategic Plan 20212024

Strategic Plan 20202023