The sustainability directions and objectives are based on the Company's business model, value chain and the results of a Double Materiality Assessment. They highlight the areas where the Company’s activities have the greatest impact on the environment, people, and governance, as well as areas strategically important for long-term value creation.
The updated Amber Grid strategy, aligned with the EPSO-G group companies, establishes a shared mission to accelerate energy independence and enhance system reliability. Our vision is to facilitate the green transition, while safeguarding energy and national security interests. These provisions form the basis of the Company's sustainability directions and goals.
Information on Amber Grid's Strategy 2035 can be found in the Amber Grid Management Report 2024, section. A more detailed presentation can also be found here: Strategy 2035.
The Company's key environmental, social and governance objectives:
The table below summarizes the key sustainability-related goals, their implementation results for 2023–2025, and the methodology used to set the targets. The Company’s sustainability targets are defined in line with the EPSO-G group’s strategic directions, applicable international standards, and national policy provisions. Data-driven methodology is applied for formulating goals, assessing the nature of the Company's activities, stakeholders' expectations, and long-term sustainability priorities. When setting targets, stakeholders or their representatives do not participate directly; however, they have the opportunity to provide feedback – targets are set taking their input into account and aiming to address their expectations as effectively as possible.
The table provided in the link below summarizes the total number of significant impacts, risks and opportunities (IRO), as identified in the Double Materiality Assessment. Each IRO is described in terms of its nature, its location in the value chain and its time horizon, and is linked to the Company’s strategy and business model, including how the Company addresses and manages these aspects. The table presents concise descriptions only; detailed accounts of the management of material sustainability topics are provided in subsequent sections of the report, organized by individual topics.
Total number of significant impacts, risks and opportunities
The sustainability-related policies are publicly available. Details on the policies are available:
On April 30, 2025, the Company’s General Meeting of Shareholders allocated a reserve of EUR 500 thousand for support. Humanitarian aid to Ukraine, intended for the reconstruction of energy infrastructure damaged by the war, amounted to EUR 45 thousand. In order to address the challenge of attracting specialists required for the transformation of Lithuania’s energy sector.
In October 2024, Amber Grid handed over to public institution Memorabilis 9 vehicles previously used in Amber Grid activities. The total residual value of vehicles is EUR 1948.88. The purpose of using the support is to help rebuild Ukrainian energy facilities damaged by the war. Also in 2024 Amber Grid has allocated 75,000 euros for long-term incentive scholarships for advanced and motivated first- and second-year engineering students of VILNIUS TECH and Panevėžys College. The scholarship awarded to students will amount to 300 euros per month.
In 2022, we updated our Equal Opportunities Policy, which defines forms of discrimination, harassment, sexual harassment and violence, how to identify them, prevention measures, reporting and handling procedures, protection measures for whistleblowers and victims, and the forms of assistance provided to them. The Company does not tolerate discrimination, promotes a work environment that reflects the diversity of society, and implements the principles of respect for diversity in its activities. The benefits of employee diversity for teams and the organisation as a whole are also important to the company. The Company regularly collects and publishes data on the diversity of its workforce, including gender, age, education and occupation. In 2022, we carried out an Equal Opportunities Survey (an assessment tool based on employee and employer surveys/questionnaires). Based on the data collected, the Office of the Equal Opportunities Ombudsman (OEO) gives the workplace a score out of ten and provides a detailed report and recommendations on how to ensure equal opportunities in the workplace). The company's Equal Opportunities ruler is set at 8.5 points.
Monitoring, recording and communicating changes in important indicators is a crucial part of our company’s sustainability activities. We are transparent and provide detailed information, so every consumer and investor have public access to a comprehensive report on our activities and plans.
Preparation of reports is guided by international requirements: the principles of the UN-initiated Global Compact and the recommendations of the Global Reporting Initiative. This helps to measure performance against relevant economic, environmental, staff, human rights, market, and public relations indicators.
Sustainability reports of Amber Grid:
