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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.
45
DitchCarbon score
+29 vs industry average
Boralex’s score of 45 is higher than 72% 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
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, an Electricity nec company headquartered in CA, reported total carbon emissions of approximately 166.19 million kg CO2e in 2025. This included about 1.52 million kg CO2e from Scope 1 emissions, approximately 1.41 million kg CO2e from Scope 2 emissions, and roughly 163.26 million kg CO2e from Scope 3 emissions.
In 2024, Boralex's total emissions were approximately 88.96 million kg CO2e, with around 1.33 million kg CO2e from Scope 1, approximately 1.79 million kg CO2e from Scope 2, and roughly 85.84 million kg CO2e from Scope 3.
Looking back, Boralex's total emissions in 2023 were about 69.29 million kg CO2e, comprising roughly 1.23 million kg CO2e (Scope 1), approximately 1.71 million kg CO2e (Scope 2), and around 66.35 million kg CO2e (Scope 3). In 2022, total emissions stood at approximately 102.09 million kg CO2e, with about 1.21 million kg CO2e from Scope 1, approximately 2.28 million kg CO2e from Scope 2, and roughly 98.60 million kg CO2e from Scope 3.
Boralex has established ambitious climate commitments, with Science Based Targets initiative (SBTi) validated targets. For near-term, the company commits to reduce absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030 from a 2022 base year. For the long-term, Boralex aims to reduce absolute Scope 1 and 2 greenhouse gas emissions by 90% by 2050 from a 2022 base year. Additionally, Boralex Inc. commits to reduce Scope 3 greenhouse gas emissions by 97% per kWh produced and sold by 2050 from a 2022 base year. The company also has an overall net-zero target, committing to reach net-zero greenhouse gas emissions across the value chain by 2050. These targets are consistent with reductions required to limit global warming to 1.5°C.
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Boralex’s Climate Goals (2030 & 2050)
6 goals2050
90% reduction in Scope 2
Boralex Inc. commits to reduce absolute scope 1 and 2 GHG emissions 90% by 2050 from a 2022 base year.
At risk90%
2050
90% reduction in Scope 1
Boralex Inc. commits to reduce absolute scope 1 and 2 GHG emissions 90% by 2050 from a 2022 base year.
At risk90%
2030
42% reduction in Scope 2
Boralex Inc. commits to reduce absolute scope 1 and 2 GHG emissions 42% by 2030 from a 2022 base year.
At risk42%
See all 6 climate goals
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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 Initiative
2030 targetSee details
Active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Boralex1 month ago
45
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Frequently asked questions
Common questions about Boralex’s sustainability data and climate commitments
In 2025, Boralex reported total carbon emissions of approximately 166.2 million kg CO2e. The largest portion, around 163.3 million kg CO2e, stems from Scope 3 emissions, representing the vast majority of the company's footprint. Scope 1 emissions were approximately 1.5 million kg CO2e, and Scope 2 emissions were about 1.4 million kg CO2e. This data highlights the significant influence of Boralex's value chain on its overall environmental impact, underscoring the importance of its Scope 3 reduction strategies.
Data year: 2025
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