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OrganisationsBoralex
Boralex logo

Boralex

Electricity from Other SourcesCanadaPNK: BRLXF
Last verified 11 days 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.

51
DitchCarbon score

+36 vs industry average

Boralex’s score of 51 is higher than 77% 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

0.532
20192025

The Electricity from Other Sources industry has reduced its overall emissions by 38% since 2019

Emissions trajectory 2020 – 2028

000.0M000M000.0M00.0M0

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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's latest reported carbon emissions show a significant increase from 2023 to 2025. In 2025, the company reported total greenhouse gas emissions of approximately 166.2 million kg CO2e. This includes Scope 1 emissions of about 1.5 million kg CO2e, Scope 2 emissions of approximately 1.4 million kg CO2e, and Scope 3 emissions of about 163.3 million kg CO2e. In 2024, Boralex's total emissions were approximately 89.0 million kg CO2e, comprising 1.3 million kg CO2e (Scope 1), 1.8 million kg CO2e (Scope 2), and 85.8 million kg CO2e (Scope 3). Prior to that, in 2023, total emissions stood at roughly 69.3 million kg CO2e, with Scope 1 at approximately 1.2 million kg CO2e, Scope 2 at around 1.7 million kg CO2e, and Scope 3 at about 66.4 million kg CO2e. The year 2022 saw total emissions of approximately 102.1 million kg CO2e, with Scope 1 at 1.2 million kg CO2e, Scope 2 at 2.3 million kg CO2e, and Scope 3 at 98.6 million kg CO2e. Boralex has made significant climate commitments. The company is committed to reaching net-zero greenhouse gas emissions across its value chain by 2050. As part of its near-term targets, Boralex aims to reduce absolute Scope 1 and 2 GHG emissions by 42% by 2030, using 2022 as the baseline year. Furthermore, Boralex is committed to reducing its Scope 3 GHG emissions by 97% per kWh produced and sold by 2050. They also aim 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)

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

See details
Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Boralex logoBoralex
CAElectricity from Other Sources
11 days ago
51
Engie logoEngie
FRNatural Gas Extraction
56 minutes ago
82
View
EDF Renouvelables logoEDF Renouvelables
FROther Services
23 days ago
81
View
Atlantica Online logoAtlantica Online
GBBusiness Services
16 hours ago
57
View
Pattern Energy logoPattern Energy
USElectricity from Other Sources
22 days ago
35
View
POLARIS RENEWABLE ENERGY logoPOLARIS RENEWABLE ENERGY
CAConstruction Work
3 days ago
32
View
Neoen logoNeoen
FRSolar Thermal Electricity
19 hours ago
30
View

Frequently asked questions

Common questions about Boralex’s sustainability data and climate commitments

Boralex's total carbon emissions for 2025 were approximately 166.2 million kg CO₂e. This includes Scope 1 emissions of about 1.5 million kg CO₂e, Scope 2 emissions of roughly 1.4 million kg CO₂e, and the vast majority, approximately 163.3 million kg CO₂e, from Scope 3. This significant increase in emissions from previous years highlights the company's ongoing challenges in managing its carbon footprint as it works towards its climate targets.

Data year: 2025

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See our License Agreement for more details.

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Ditchcarbonv260319.2
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