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Transparency

Ignitis Renewables is a part of a group of companies managed by Ignitis Group, a leading integrated energy group in the Baltic region. We strive to be transparent and apply good governance practices in our stakeholder relations.

Ignitis Grupė AB – 100%

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EUR 45,121,910

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Sustainability

Ignitis Group strives to create a business culture, which promotes a responsible and sustainable energy sector.

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Corruption prevention

Ignitis Group is committed to acting in a responsible and sustainable manner and therefore does not tolerate any form of corruption in its day-to-day operations, and is committed to doing business with integrity and transparent communication with all stakeholders.

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Trust line

The Trust line is an anonymous and confidential way to report violations of the law by Ignitis Group employees or business partners that threaten or violate the public interest and to ensure the prevention and detection of such violations.

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Accountability

Annual report 2025

Annual report 2024

Annual report 2023

Annual report 2022

Annual report 2021

Annual report 2020

Annual report 2019

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Remuneration

You can access the Remuneration Policy in force in the Group and the information about incentive measures by pressing here. In accordance with applicable regulations and personal data protection principles, average salary data will not be disclosed if a company or a job category has only one employee.

  • 2019
  • 2020
  • 2021
  • 2022
  • 2023
  • 2024
  • 2025
  • 2026

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IVQ compensation

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IIQ compensation

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IVQ compensation

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IIQ compensation

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IIIQ compensation

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IVQ compensation

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IQ compensation

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IIQ compensation

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IIIQ compensation

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IVQ compensation

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IQ compensation

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IIQ compensation

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IVQ compensation

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IQ compensation

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IIQ compensation

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IIIQ compensation

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IVQ compensation

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Performance objectives for variable remuneration

Perfomance objectives for 2026

Perfomance objectives for 2025

Perfomance objectives for 2024

Perfomance objectives for 2023

Perfomance objectives for 2022

Perfomance objectives for 2021

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Funds spent on publicity

Not all companies that are preparing/disseminating public information are registered in VIRSIS, therefore, the company will additionally provide information on the funds allocated for publishing its activities on its website.

Funds spent on publicity 2025 H2

Funds spent on publicity 2025 H1

Funds spent on publicity 2024 H2

Funds spent on publicity 2024 H1

Funds spent on publicity 2023

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Our purpose, strategy, priorities and targets

Integrated business model

Ignitis Group is a renewables-focused integrated utility, benefiting from the largest customer portfolio, energy storage facility and network in the Baltics. Ignitis Group is active in the Baltic states, Poland and Finland. We are leveraging our largest customer portfolio, energy storage facility, and network in the Baltics. We are utilising our integrated business model to maximise potential and:

  • deliver 4–5 GW of installed green generation and green flexibility capacity by 2030;​
  • expand a resilient and efficient network that enables electrification;​
  • utilise and further expand our customer portfolio to enable the Green Capacities build-out;​
  • contribute to the security of the energy system.​

Ignitis Renewables, a part of the Green Capacities segment, plays a significant role in the integrated business model and strategy of Ignitis Group. The company’s position within the Group’s structure is available here. More information about the integrated business model and strategic priorities of the company as well as targets by its business segments is available here.​

Our purpose and strategy

Our purpose is to create a 100% green and secure energy ecosystem for current and future generations. ​

We are strengthening our contribution to Europe’s decarbonisation and energy security in the region while accelerating the energy transition and electrification in the Baltics and Poland. More information about the Group’s purpose and purpose-driven priorities is available here. ​

Ignitis Renewables significantly contributes to the execution of the Group’s strategy, is an integral part of the organisation and follows the Group’s strategy and stategic plan in its activities.​

Strategic priorities and targets of the company

  1. Green Capacities segment’s priorities are available here. More information about its goals is provided in the integrated strategic plan of the Group.​
  2. People. We are contributing to Ignitis Group’s purpose and strategic priorities by building a diverse team of energy smart people.​
  3. Sustainability and ESG. As part of our strategy, we focus on reducing greenhouse gas emissions while following the science-based targets, promoting safety at work with a focus on TRIR and zero fatalities, taking care of the employee experience through initiatives related to well-being, education and growth, ensuring fair pay, promoting diversity and inclusion, encouraging diversity among top executives, and creating sustainable value through sustainable investments and returns.​

Power to act comes from the charge we bring

Four mindsets – simple yet powerful. United by purpose. Owning the challenge. Passion for reinvention. Pursuing excellence. Together, they yield the energy that drives everything we do. The energy generated by our choices. Our actions. Our unity.

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