EPSO-G (legal entity code: 302826889, registered office address Laisvės pr. 10, Vilnius, Lithuania) (hereinafter – Group) announces the 2025 Sustainability Performance Report (hereinafter – the Performance Report), including an Independent Limited Assurance Report. The Independent Limited Assurance of the Performance Report has been carried out by PricewaterhouseCoopers.
EPSO-G issued a EUR 75 million sustainability-linked bond ISIN LT0000406530 (hereinafter – the Bond prospectus) on 7 June 2022 (EUR 75,000,000 3.117 per cent. Senior Unsecured Sustainability–Linked Notes due 2027). Under the terms of the Bond, EPSO-G committed to achieving sustainability performance target (SPT1) to reduce its Scope 1 and Scope 2 GHG emissions (tCO2e) by 30% by 2026, compared to the 2019 baseline and SPT2 – ensure that the amount of energy not supplied (hereinafter – ENS) does not exceed 136.255 MWh in the period 2022–2026.
The results for GHG Scope 1 and 2 emissions reduction demonstrate consistent progress in implementing the commitments set out in the Prospectus and the Long-Term Financing Programme – by 2025, emissions had decreased by 14% compared to the 2019 baseline. In order to achieve the 2026 and 2030 targets, the Group has developed an action plan with specific emission reduction measures.
The results of the ENS indicator confirm network reliability – the total amount of energy not transmitted during 2022–2025 did not exceed the established commitment.
PricewaterhouseCoopers has assessed the calculation and disclosure of Scope 1 and Scope 2 GHG emissions, and ENS indicator. The audit firm confirmed in an independent limited assurance report that the EPSO-G has calculated the two key performance indicators for 2025 in compliance with the criteria for disclosure of the sustainability indicators.
This Performance Report should be read in conjunction with the EPSO-G 2025 integrated annual report (hereinafter – Report), which contains information relating to sustainability and other significant events affecting the Group. The Management Report is presented together with the independent auditor’s report on the audit of the separate and consolidated financial statements and the independent practitioner’s limited assurance report on the EPSO-G consolidated sustainability statement for the year ended December 31, 2025.
The EPSO-G group of companies consists of the holding company EPSO-G and its five direct subsidiaries Amber Grid, Baltpool, Energy Cells, Litgrid and Tetas. EPSO-G and its Group companies also hold shares in Rheinmetall Defence Lietuva, Baltic RCC OÜ and TSO Holding AS. The rights and obligations of the sole shareholder of EPSO-G are exercised by the Ministry of Energy of the Republic of Lithuania.
For more information
Gediminas Petrauskas, Communications Partner at EPSO-G
Tel. +370 610 63306, e-mail gediminas.petrauskas@epsog.lt
