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OrganisationsBoralex
Boralex logo

Boralex

Electricity from Other SourcesCanadaPNK: BRLXF
Last verified 1 month agoboralex.com

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.

52
DitchCarbon score

+37 vs industry average

Boralex’s score of 52 is higher than 79% 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

Very High

Electricity from Other Sources is among the most carbon-intensive industries

Industry performance

3.039
20182025

The Electricity from Other Sources industry has reduced its overall emissions by 36% since 2018

Emissions trajectory 2020 – 2028

000.0M000.0M00.0M00.0M0

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202020212022202320242025202620272028

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Boralex's reported carbon emissions

Boralex Inc. is a Canadian company operating in the Electricity nec industry. The company is committed to achieving net-zero greenhouse gas emissions across its value chain by 2050.

Carbon Emissions Data:

  • 2025: Boralex reported a total of approximately 166,194,000 kg CO2e. This comprised approximately 1,521,000 kg CO2e for Scope 1, 1,414,000 kg CO2e for Scope 2, and 163,259,000 kg CO2e for Scope 3.
  • 2024: Total emissions were approximately 88,961,000 kg CO2e, with Scope 1 emissions at about 1,330,000 kg CO2e, Scope 2 at approximately 1,789,000 kg CO2e, and Scope 3 at roughly 85,842,000 kg CO2e.
  • 2023: Total emissions stood at approximately 69,291,000 kg CO2e, including Scope 1 at about 1,227,000 kg CO2e, Scope 2 at approximately 1,710,000 kg CO2e, and Scope 3 at roughly 66,354,000 kg CO2e.
  • 2022: Boralex reported total emissions of approximately 102,092,000 kg CO2e, with Scope 1 at about 1,214,000 kg CO2e, Scope 2 at approximately 2,276,000 kg CO2e, and Scope 3 at roughly 98,602,000 kg CO2e.
  • 2021: Total emissions were approximately 98,780,000 kg CO2e. Scope 1 and Scope 2 data were not disclosed for this year.
  • 2020: Total emissions were approximately 133,022,000 kg CO2e. Scope 1 and Scope 2 data were not disclosed for this year.
  • 2019: Total emissions were approximately 146,023,000 kg CO2e. Scope 1 and Scope 2 data were not disclosed for this year.

Climate Commitments and Reduction Targets:

Boralex is committed to ambitious climate action, with targets validated by the Science Based Targets initiative (SBTi).

  • Net-Zero Commitment: Boralex aims to achieve net-zero greenhouse gas emissions across its value chain by 2050.
  • Near-Term Targets (by 2030):
    • Reduce absolute Scope 1 and 2 GHG emissions by 42% from a 2022 base year.
    • Ensure 90% of its suppliers, covering capital goods and upstream transportation and distribution, have science-based targets by 2028.
  • Long-Term Targets (by 2050):
    • Reduce absolute Scope 1 and 2 GHG emissions by 90% from a 2022 base year.
    • Reduce Scope 3 GHG emissions by 97% per kWh produced and sold.

Boralex's targets for Scope 1 and 2 emissions are consistent with limiting warming to 1.5°C. The company is identified as a "BA1.5 member" indicating its commitment to ambitious climate action.

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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

Science Based Targets Initiative

2030 targetSee details
Active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Not active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Boralex logoBoralex
CAElectricity from Other Sources
1 month ago
52
Acciona logoAcciona
ESOther Heavy and Civil Engineering Construction
1 day ago
97
View
Iberdrola logoIberdrola
ESElectricity Distribution
4 hours ago
94
View
Renew logoRenew
GBWind Power
5 days ago
79
View
Orsted logoOrsted
DKWind Power
5 days ago
66
View
Enbridge logoEnbridge
CACrude Oil Extraction
5 days ago
50
View
EDF Renewables Inc logoEDF Renewables Inc
USWind Power
5 days ago
43
View

Frequently asked questions

Common questions about Boralex’s sustainability data and climate commitments

In 2025, Boralex's total greenhouse gas emissions were approximately 166 million kg CO₂e. The majority, roughly 98%, came from Scope 3 (upstream and downstream activities), amounting to about 163 million kg CO₂e. Scope 1 emissions were around 1.5 million kg CO₂e, and Scope 2 emissions were approximately 1.4 million kg CO₂e. This data highlights the company's significant reliance on emissions from its supply chain and energy generation activities within the Electricity nec sector, emphasizing the importance of its climate targets and reduction efforts.

Data year: 2025

Usage policy

You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.

See our License Agreement for more details.

Where does DitchCarbon
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