Boralex Inc

Common Name
Boralex
Country
Canada
Sector
Utilities
Industry
Utilities - Renewable
Employees
816
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 GHG Emissions Data Preview

In 2023, Boralex completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

However, Boralex has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Boralex's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Boralex amounted to 2,937 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Boralex decreased by 15.85%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Boralex's Scope 1 Emissions Over Time

2020202120222023015 k30 k45 k60 ktCO2e-56%-95%+1%
  • Total Scope 1
  • Year-over-Year Change

What are Boralex's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Boralex were 1,227 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Boralex reduced its Scope 1 emissions over time?

Since 2020, Boralex's Scope 1 emissions have decreased by 97.83%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Boralex's Scope 1 emissions increased by 1.07%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Boralex's Scope 2 emissions?

In 2023, Boralex reported Scope 2 greenhouse gas (GHG) emissions of 1,710 tCOâ‚‚e without specifying the calculation method.

Has Boralex reduced its Scope 2 emissions over time?

Since 2020, Boralex's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 37.24%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Boralex's Scope 2 emissions (Unspecified Calculation Method) fell by 24.87% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Boralex use for Scope 2 reporting?

In 2023, Boralex reported its Scope 2 emissions using an unspecified methodology.

Boralex's Scope 2 Emissions Over Time

202020212022202306001.2 k1.8 k2.4 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Boralex's Value Chain Emissions

In 2023, Boralex reported 66,354 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Boralex includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Boralex's Scope 3 Emissions Over Time

20222023025 k50 k75 k100 ktCO2e-33%
  • Total Scope 3
  • Year-over-Year Change

What are Boralex's Scope 3 emissions?

In 2023, Boralex reported total Scope 3 emissions of 66,354 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2022), Boralex's Scope 3 emissions decreased by 32.71%, highlighting the company's efforts to lower indirect emissions from its value chain.

Insights into Boralex's Total Carbon Footprint

In 2023, Boralex reported a total carbon footprint of 69,291 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 32.13% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Boralex's total carbon footprint was Scope 3 emissions, accounting for 95.76% of the company's total carbon footprint, followed by Scope 2 emissions at 2.47%.

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