Public Profile

Innergex Renewable Energy

Innergex Renewable Energy Inc., commonly referred to as Innergex, is a leading Canadian independent renewable energy producer headquartered in Longueuil, Quebec. Founded in 1990, the company has established a strong presence in the renewable energy sector, focusing primarily on hydroelectric, wind, and solar power generation. With operations spanning across Canada, the United States, and Chile, Innergex has developed a diverse portfolio of over 80 facilities, showcasing its commitment to sustainable energy solutions. The company is recognised for its innovative approach to harnessing natural resources, which sets it apart in the competitive renewable energy market. Innergex's dedication to environmental stewardship and community engagement has earned it a notable position within the industry, making significant strides towards a greener future while delivering reliable energy solutions.

DitchCarbon Score

How does Innergex Renewable Energy's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

20

Industry Average

Mean score of companies in the Electricity from Other Sources industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

20

Industry Benchmark

Innergex Renewable Energy's score of 20 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.

65%

Innergex Renewable Energy's reported carbon emissions

In 2023, Innergex Renewable Energy reported total carbon emissions of approximately 10,150,770 kg CO2e, with Scope 1 emissions at about 1,430,430 kg CO2e and Scope 2 emissions at approximately 8,720,340 kg CO2e. The company has shown a significant increase in emissions compared to previous years, with total emissions rising from about 8,224,000 kg CO2e in 2022 and 6,140,700 kg CO2e in 2021. The emissions data indicates that Innergex has not set specific reduction targets or initiatives, as there are no documented reduction targets or commitments to the Science Based Targets initiative (SBTi). This lack of formal climate pledges suggests that while the company is actively engaged in renewable energy, it may need to enhance its climate commitments to align with industry standards and expectations for emissions reduction. Overall, Innergex's emissions profile reflects the challenges faced by renewable energy companies in managing their carbon footprint, particularly in Scope 2 emissions, which are often linked to electricity consumption.

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2014201820192020202120222023
Scope 1
514,200
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 2
-
0,000,000
0,000,000
0,000,000
0,000,000
00,000,000
0,000,000
Scope 3
-
-
-
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Innergex Renewable Energy's primary industry is Electricity nec, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Innergex Renewable Energy is headquartered in CA, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Innergex Renewable Energy is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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