Boralex Inc., a prominent player in the electricity sector, is headquartered in Canada and operates extensively across North America and Europe. Founded in 1990, the company has established itself in the renewable energy landscape, focusing on the development, construction, and operation of power generation facilities. Boralex primarily specialises in wind, solar, and hydroelectric power, offering innovative solutions that contribute to sustainable energy production.
With a commitment to environmental stewardship, Boralex has achieved significant milestones, including the successful commissioning of numerous renewable energy projects. The company is recognised for its robust portfolio and strategic partnerships, positioning it as a leader in the electricity nec industry. Boralex's dedication to clean energy not only enhances its market presence but also supports global efforts towards a greener future.
+36 vs industry average
Boralex’s score of 51 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Electricity from Other Sources is among the most carbon-intensive industries
Industry performance
The Electricity from Other Sources industry has reduced its overall emissions by 38% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Boralex's reported carbon emissions
Boralex's carbon emissions data shows varying totals across recent reporting years. For 2025, total emissions were approximately 166.2 million kg CO2e, comprising about 1.5 million kg CO2e for Scope 1, 1.4 million kg CO2e for Scope 2, and a substantial 163.3 million kg CO2e for Scope 3. In 2024, total emissions were around 89 million kg CO2e (1.3 million kg CO2e Scope 1, 1.8 million kg CO2e Scope 2, and 85.8 million kg CO2e Scope 3). The year prior, 2023, saw total emissions of approximately 69.3 million kg CO2e (1.2 million kg CO2e Scope 1, 1.7 million kg CO2e Scope 2, and 66.4 million kg CO2e Scope 3). In 2022, total emissions were about 102.1 million kg CO2e, with Scope 1 at 1.2 million kg CO2e, Scope 2 at 2.3 million kg CO2e, and Scope 3 at 98.6 million kg CO2e. Boralex has established ambitious climate commitments. They are committed to achieving net-zero greenhouse gas emissions across their value chain by 2050. To support this, Boralex has set near-term targets, aiming to reduce absolute Scope 1 and 2 GHG emissions by 42% by 2030, using 2022 as the base year. Furthermore, they aim to ensure that 90% of their suppliers, covering capital goods and upstream transportation and distribution, will have science-based targets in place by 2028. For the long term, Boralex commits to reducing absolute Scope 1 and 2 GHG emissions by 90% by 2050 from the 2022 baseline. Additionally, their long-term commitment includes reducing Scope 3 GHG emissions by 97% per kWh produced and sold. These targets align with keeping global warming to 1.5°C.
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Boralex’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Boralex yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Common questions about Boralex’s sustainability data and climate commitments
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