Boralex

Boralex's reported carbon emissions

Boralex, headquartered in Canada, has reported a total of approximately 166.2 billion kg CO2e for the year 2025. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. For Scope 1, emissions were approximately 1.5 billion kg CO2e, and for Scope 2, approximately 1.4 billion kg CO2e. Scope 3 emissions constituted the largest portion, amounting to roughly 163.3 billion kg CO2e. In 2024, Boralex reported a total of approximately 89.0 billion kg CO2e. This included approximately 1.3 billion kg CO2e for Scope 1, 1.8 billion kg CO2e for Scope 2, and 85.8 billion kg CO2e for Scope 3. The previous year, 2023, saw total emissions of approximately 69.3 billion kg CO2e, with Scope 1 at approximately 1.2 billion kg CO2e, Scope 2 at approximately 1.7 billion kg CO2e, and Scope 3 at approximately 66.4 billion kg CO2e. Boralex has made significant climate commitments, including a commitment to achieve net-zero greenhouse gas emissions across its value chain by 2050. As part of their near-term goals, Boralex aims to reduce absolute Scope 1 and 2 GHG emissions by 42% by 2030, using 2022 as the base year. They also plan to ensure that by 2028, 90% of their suppliers, covering capital goods and upstream transportation and distribution, will have science-based targets. For the long term, Boralex commits to a 90% reduction in absolute Scope 1 and 2 GHG emissions by 2050, relative to the 2022 baseline. Furthermore, their long-term commitment includes a 97% reduction in Scope 3 GHG emissions per kWh produced and sold. These targets are aligned with keeping global warming to 1.5°C.