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EPSO-G's 2024 Sustainability Performance Report Insights

EPSO-G's 2024 Sustainability Performance Report Insights

EPSO-G Releases Comprehensive Sustainability Performance Report

EPSO-G, a prominent player in the sustainability sector, has unveiled its extensive 2024 Sustainability Performance Report. This report encapsulates the company’s ongoing commitment to reducing greenhouse gas emissions and promoting energy efficiency as part of its sustainability strategy. Importantly, it includes an Independent Limited Assurance Report conducted by PricewaterhouseCoopers, which verifies the company's efforts and initiatives.

Highlights of the Sustainability Report

The highlight of the Performance Report is its dual focus on two critical sustainability performance targets. EPSO-G aims to achieve a 30% reduction in its Scope 1 and Scope 2 greenhouse gas emissions compared to a 2019 baseline by 2026. This target represents substantial progress toward mitigating the environmental impact of the company’s operations.

In addition, EPSO-G has committed to ensuring that the energy not supplied does not exceed 136.255 MWh during the 2022-2026 timeframe. This dual commitment showcases the company's dedication to not only environmental sustainability but also efficient energy management.

Independent Assessment and Compliance

PricewaterhouseCoopers has meticulously evaluated EPSO-G's reported figures regarding its greenhouse gas emissions and energy supplies. Their independent assurance confirms that EPSO-G has diligently calculated its key performance indicators, adhering to established standards for disclosing sustainability metrics.

Integrated Insights from Management Report

The insights in the Performance Report are amplified when viewed alongside the EPSO-G 2024 consolidated Management Report. The Management Report provides a broader context by detailing the significant events and advancements influencing the company’s commitment to sustainability, thus offering stakeholders a more comprehensive understanding of EPSO-G’s performance.

These documents illustrate EPSO-G's unwavering adherence to standards and practices that align with its sustainability objectives. They highlight EPSO-G's proactive approach in the face of climate change and its efforts to meet financial and environmental responsibilities.

EPSO-G: A Consolidated Effort Towards Sustainability

The EPSO-G group includes a variety of subsidiaries, including Amber Grid, Baltpool, Energy Cells, Litgrid, and Tetas. Each entity contributes to the overarching goal of sustainability, in concert with EPSO-G's main strategies. Moreover, EPSO-G holds shares in several associated companies, which further cements its influence in the sector.

The Ministry of Energy oversees the sole shareholder's rights within EPSO-G, reflecting a strong governance structure committed to sustainability-focused development.

Contact Information for Inquiries

For further information regarding the Sustainability Performance Report, interested parties can reach out to Gediminas Petrauskas, Communications Partner at EPSO-G. He is available via telephone at +370 610 63306 or through email at gediminas.petrauskas@epsog.lt.

Frequently Asked Questions

What is the main goal of EPSO-G's Sustainability Performance Report?

The report aims to transparently communicate the company’s sustainability goals, primarily focusing on reducing greenhouse gas emissions and energy management.

Who conducted the independent assurance for the Performance Report?

The independent assurance was conducted by PricewaterhouseCoopers, verifying EPSO-G's calculations and methodologies.

What are the specific performance targets EPSO-G is aiming for?

EPSO-G is targeting a 30% reduction in Scope 1 and Scope 2 GHG emissions by 2026, along with a commitment to a maximum energy not supplied of 136.255 MWh during 2022-2026.

How many subsidiaries does EPSO-G have?

EPSO-G has five direct subsidiaries, each contributing to its sustainability efforts.

How can I get further information about the company's sustainability efforts?

For detailed information, you can contact Gediminas Petrauskas at EPSO-G directly by email or phone.

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