#EnergySmart

Organization structure

Structure of managed companies

Shareholders
100% of the shares of Ignitis UAB are owned by Ignitis Grupė AB (Ignitis Group).

AB “Ignitis Grupė” (Ignitis Group) requisites:
Company code: 301844044
Date established and register: 28 August 2008, Lithuanian Register of Legal Entities
Head Office and Correspondence address: Laisvės pr. 10, LT-04215 Vilnius, Lithuania
Website: ignitisgrupe.lt

Company codes and registers

IGN PL
Code (KRS): 0000681577
XIII Commercial Division of the National Court Register of Poland

IGN LV
Code: 40103642991
Register of Enterprises of Latvia

IGN EE
Code: 12433862
Business Register of Estonian Centre of Registers and Information Systems

IGN FI
Code: 3202810-4
Finnish Trade Register

Subsidiaries
Ignitis UAB owns 100% of the shares of: Ignitis Latvija SIA, which is registered and operates in Latvia; Ignitis Eesti OÜ, which is registered and operates in Estonia; and Ignitis Polska Sp. z o.o., which is registered and operates in Poland.

Contact information for subsidiaries can be found on the contacts page of this website as well as at www.ignitis.lv and www.ignitis.pl.

Associate companies
Ignitis UAB jointly with other companies owns Verslo Aptarnavimo Centras UAB and Ignitis Grupės Paslaugų Centras UAB. Shareholdings:

Ignitis Grupės Paslaugų Centras UAB: 0.84%,
Verslo Aptarnavimo Centras UAB: 7.50%.

Both of these companies are registered in Lithuania and their geographic market is the Republic of Lithuania.

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.

UAB “Ignitis“, a part of the Customers and Solutions 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.

UAB “Ignitis“ 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. Customers and solutions 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.

Our values

​ We are a diverse team of energy smart people united by a common purpose. Our values (responsibility, partnership, openness and growth) unite, motivate and inspire us. They are available here.

Ignitis does not tolerate any form of corruption. The company promotes fair business practices and transparent relations with all stakeholders.

The Ignitis Group adopted a Zero Tolerance for Corruption Policy in 2014. That was replaced in 2019, with the launch of an anti-corruption management system, by an Anti-Corruption Policy which is also in effect at Ignitis UAB.

The Anti-Corruption Policy is the group’s corruption prevention document. All current and new employees are required to know and abide by the policy. It applies to contractors, suppliers and consultants, as well as other partners and stakeholders.

The Ignitis Group systematically monitors compliance with anti-corruption policy and practices by collecting information, measuring and analysing processes, and implementing measures to manage corruption risks. It works to assess the effectiveness and efficiency of the group’s anti-corruption management system and/or its components. Results of regular monitoring are not made public.

Both the Ignitis Group and Ignitis itself educate employees for corruption awareness, teaching them about the harm corruption causes, how to recognize it, and how not to be indifferent. In 2018, 98% of the group’s nearly 4,000 employees (including the employees of Ignitis) completed approximately 90 minutes of e-learning regarding corruption prevention.

We encourage employees, business partners and other stakeholders to inform of any actual or suspected violations of the Anti-Corruption Policy by contacting our Trust Line at +370 640 88889 or [email protected]. Confidentiality is guaranteed.

Ignitis helps create an energy-sector business culture of responsible and sustainable growth within the Ignitis Group. The core of this effort is a responsible approach to business reflected in everyday activities and future plans even as energy challenges steadily grow.

The Ignitis Group’s operations are conducted and planned responsibly in keeping with the requirements of the law as well as the group’s Social Responsibility Policy and other policies. The social responsibility reports published by the Ignitis Group also cover the activities of Ignitis UAB. 

For more details, see the Ignitis Group website.

The Code of Ethics is based on values of our organization and defines the principles and standards of business ethics followed by Ignitis Group companies and expected from our employees in their daily work.

You can find our Code of Ethics  here .

As of 2018, as part of efforts to strengthen transparency, the Ignitis Group and its companies, including Ignitis UAB, do not give financial support to charitable or social causes.

The Lietuvos Energija Support Foundation, through which support was provided in the past, is set to be liquidated. Information about support that was provided in the past can be found on the website of the Ignitis Group.

Ignitis UAB belongs to the National Lithuanian Energy Association (NLEA).

ISO 9001:2015

ISO 14001:2015

LST ISO 45001:2018 / ISO 45001:2018

Remunerations

2025 remunerations

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2024 remunerations

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IV quarter

2023 remunerations

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2022 remunerations

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Reporting period: from 01 July 2024 until 31 December 2024
 

Information about the funds spent on publicity:
 

Public electricity and gas supply

Other activities of the company

* Information on the funds allocated for publicity is not made public in compliance with the requirements, which are outlined in Article 2(2) and Article 5(2) of the Law on the Right of Access to Information and the Re-Use of Data of the Republic of Lithuania, for the protection of personal data and the protection of commercial, professional and protected secrets and data which are held by state-owned entities, where these data are produced for purposes other than the provision of public services, or which are not available due to commercial confidentiality or which constitute a commercial secret, or where these data are related to an activity directly affected by competition.

Last revision on: 12 February 2025.