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Boralex Inc

Common Name
Boralex
Country
Canada
Sector
Utilities
Industry
Utilities - Renewable
Employees
837
Ticker
BLX
Exchange
TORONTO STOCK EXCHANGE
Description
Boralex Inc. is a prominent player in the renewable energy sector, primarily focusing on the development, construction, and operation of renewable power facilities. The company specializes in energy g...

Boralex's Climate Target Data Preview

As of 2024, Boralex has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets and 1 intensity-based target, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Boralex's climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2050
Intensity-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Other Activity (Unlisted)
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a
2050
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Verified Sources Behind Boralex’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Boralex’s data sources below and access millions more through our Disclosure Search.

a. Boralex's CSR Report 2024
a. Boralex's CSR Report 2024

Insights into Boralex's Greenhouse Gas Emissions Pathways

As of 2024, Boralex has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.a

Does Boralex have a target to reduce the emissions from its operations?

As of 2024, Boralex has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a

Boralex's most ambitious operational target is to reduce these emissions by 90% by 2050, compared to a baseline of 3,490 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022.a

As of 2024, Boralex is ahead of schedule on its operational emissions reduction target, having achieved 11.81% of the planned reduction.a

Boralex's Operational (Scope 1+2) Emissions Pathway

202220242030205009001.8 k2.7 k3.6 kBaselineCurrent (-11%)Target 2030 (-42%)Target 2050 (-90%)
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