Boralex

Boralex Inc., headquartered in Canada and operating within the Electricity nec industry, has reported a significant decrease in its total carbon emissions. For the reporting year 2025, Boralex recorded approximately 166,194,000 kg CO2e. This figure is composed of approximately 1,521,000 kg CO2e for Scope 1 emissions, 1,414,000 kg CO2e for Scope 2 emissions, and a substantial 163,259,000 kg CO2e for Scope 3 emissions.

The company's climate commitments are anchored by ambitious targets aligned with the Science Based Targets initiative (SBTi). Boralex aims to achieve net-zero greenhouse gas emissions across its value chain by 2050.

To meet these goals, Boralex has set near-term targets, committing to reduce its absolute Scope 1 and Scope 2 GHG emissions by 42% by 2030, using 2022 as the base year. Additionally, the company aims for 90% of its suppliers, covering capital goods and upstream transportation and distribution, to have science-based targets by 2028. For the long term, Boralex has set a target to reduce absolute Scope 1 and 2 GHG emissions by 90% by 2050, also from a 2022 baseline. Furthermore, the company intends to reduce its Scope 3 GHG emissions by 97% per kWh produced and sold by 2050. These targets are independently validated by the SBTi, confirming their consistency with limiting warming to 1.5°C.