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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 78% 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, a renewable energy company headquartered in Canada, has outlined ambitious climate commitments, including a net-zero target by 2050. Their emissions data shows:

  • 2025: Approximately 166.2 million kg CO2e in total emissions, with Scope 1 at roughly 1.5 million kg CO2e, Scope 2 at about 1.4 million kg CO2e, and Scope 3 accounting for the vast majority at approximately 163.3 million kg CO2e.
  • 2024: Total emissions were approximately 89.0 million kg CO2e, comprising about 1.3 million kg CO2e for Scope 1, 1.8 million kg CO2e for Scope 2, and 85.8 million kg CO2e for Scope 3.
  • 2023: Total emissions were approximately 69.3 million kg CO2e, with Scope 1 at about 1.2 million kg CO2e, Scope 2 at approximately 1.7 million kg CO2e, and Scope 3 at around 66.4 million kg CO2e.
  • 2022: Total emissions stood at approximately 102.1 million kg CO2e, consisting of about 1.2 million kg CO2e for Scope 1, 2.3 million kg CO2e for Scope 2, and 98.6 million kg CO2e for Scope 3.

Boralex is committed to the Science Based Targets initiative (SBTi), setting a near-term goal to reduce absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, using 2022 as the base year. Furthermore, they aim for a significant long-term reduction of 90% in absolute Scope 1 and 2 emissions by 2050 from the same 2022 baseline. Boralex also has a long-term intensity reduction target for Scope 3 emissions, aiming to reduce them by 97% per kWh produced and sold by 2050. An additional commitment is for 90% of their suppliers, covering capital goods and upstream transportation and distribution, to have science-based targets by 2028.

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Boralex’s Climate Goals (2030 & 2050)

5 goals

2030

42% reduction in Scope 2

Boralex Inc. commits to reduce absolute scope 2 GHG emissions 42% by 2030 from a 2022 base year.

At risk42%

2030

42% reduction in Scope 1

Boralex Inc. commits to reduce absolute scope 1 GHG emissions 42% by 2030 from a 2022 base year.

Behind target42%

2050

Boralex Inc

Boralex Inc. commits to reach net-zero greenhouse gas emissions across the value chain by 2050.

Behind target0%

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Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.

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

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Not active
RE 100

RE 100

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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
2 days ago
97
View
Iberdrola logoIberdrola
ESElectricity Distribution
4 days ago
94
View
Renew logoRenew
GBWind Power
4 days ago
79
View
Orsted logoOrsted
DKWind Power
4 days ago
66
View
Enbridge logoEnbridge
CACrude Oil Extraction
2 hours ago
50
View
EDF Renewables Inc logoEDF Renewables Inc
USWind Power
4 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 vast majority, over 98%, came from Scope 3 (upstream and downstream activities), amounting to roughly 163.3 million kg CO2e. Scope 1 emissions were around 1.5 million kg CO2e, and Scope 2 emissions were about 1.4 million kg CO2e. This data highlights the company's significant reliance on renewable energy generation, which helps reduce overall emissions, and reflects its commitment to transparency and climate targets set for 2025.

Data year: 2025

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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.

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Ditchcarbonv260724.2
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