Sustainability
In preparing its sustainability-related disclosures, Litgrid aligns with the principles of the United Nations Global Compact, as well as the recommendations of the Global Reporting Initiative (GRI) and the Corporate Sustainability Reporting Directive (CSRD). These frameworks guide the company in assessing its performance across key indicators related to the economy, environment, labor practices, human rights, market conduct, and community engagement.
The sustainability report is published on both the company’s and NASDAQ’s websites, ensuring transparency and accessibility for all stakeholders — including shareholders, business partners, investors, employees and their trade unions, media representatives, social partners, residents, local communities, and other relevant organizations.
Currently, Litgrid is conducting a materiality assessment of its environmental, social, and governance (ESG) impacts. The results will serve as a foundation for setting priorities in sustainability actions and disclosures, in line with the European Union’s regulatory requirements. The CSRD also mandates the application of a double materiality approach in evaluating and reporting sustainability topics.
Monitoring sustainability performance and ensuring transparent communication remain integral to Litgrid’s corporate responsibility. In implementing its strategy, the company places strong emphasis on modernizing the electricity system, integrating renewable energy sources, and fostering sustainable growth — all in accordance with environmental, social, and good governance principles.
