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At Boralex, CSR issues are part of our growth strategy. One of the targets of our 2025 Strategic Plam, along with our financial targets, is to set the CSR standard for our partners by going beyond renewable energies.

  • This integration means that at every stage in the deployment of our strategic plan, we consider not only why we are producing renewable energy, but also how, considering the extra-financial impacts arising directly from our activities and our entire value chain. This leads us to proactively manage the risks and repercussions of our activities, and to properly equip ourselves to identify opportunities to improve our practices and access new markets.  
  • Our growth strategy, which integrates our CSR orientations, will ensure Boralex’s sustainable expansion. We also strive to deliver superior long-term financial returns to our shareholders, while working in a spirit of cooperation with the communities and territories in which we operate.  

CSR achievements of the quarter

Environment

A lunchtime conference on biodiversity was held within the North America business unit

A benchmarking assignment on material circularity in the renewable energy sector was conducted across Europe and North America

An analysis to calculate atmospheric emissions was conducted

Society

Internal engagement survey results showed improvement, with a participation rate reaching 95%

May was designated as Mental Health Awareness Month, featuring a series of internal activities

Governance

Boralex was recognized as Canada’s Best Corporate Citizen by Corporate Knights

Hugues Girardin, with nearly 30 years of experience at Boralex, was honored as Person of the Year 2024 by the APL énergie group

Stéphane Milot, Vice President of Investor Relations and Financial Planning & Analysis, was named among the TopGun Investor Relations professionals in the Pipelines & Utilities category by Brendan Wood International (BWI) for the third consecutive year

Our CSR report

Click here

Herbe

Our 10 CSR priorities

Producing renewable energy in a sustainable and resilient manner

  • Responsible use of resources
  • Biodiversity
  • Adaptation to climate change
  • Greenhouse gas emissions scope 1 and 2
Ecologue observant la nature

Respecting our people, our planet and our community

  • Inclusion, diversity and equal opportunity
  • Health and safety
  • Community consultation and involvment 
Collaborateurs boralex et personne des Six Nations marchant sur la plage

Leading by example

  • Responsible corporate governance
  • Ethics in business and behaviour
  • Sustainable procurement
Technicien souriant

Milestones in our CSR strategy 

2020 

  • Conducted a materiality assessment to identify our 10 CSR priorities 
  • Introduced our CSR strategy and our first stand-alone CSR Report

2021

  • Executed our strategy, hired CSR specialist and introduced specific CSR governance 
  • Produced second stand-alone CSR report with enhanced disclosure

2022

  • Continue roll-out of CSR plan and actions with emphasis on procurement, climate change, greenhouse gas emission and diversity & inclusion

2023

  • Focus on diversity, Board CSR mandate, H&S including mental health, climate change, greenhouse gas emission target, ISSB and CSRD regulation and community involvement

Our 2024 highlights

Environment

Greenhouse gas emissions reduction targets approved by the SBTi

- Science Based Targets Initiative, confirming our commitment to net zero emissions in 2050

Participated in the Wind Energy Circular Innovation Challenge

to address circularity challenges in the Québec wind power segment

Partnered with FORESi

- Fostering a Recycled European Silicon Supply, a European project on the supply of European silicon recycled from end-of-life photovoltaic panels

Gap analysis conducted on our biodiversity practices

based on recommendations from the Taskforce on Nature-related Financial Disclosure (TNFD)

Society

One-point increase in the overall engagement index

compared with 2023, with a 95% participation rate in the engagement survey

"Workforce Development" award won

at Nergica's Reconnaissance renewable energ gala for the wind maintenance training program for Innus

Talent acquisition process reviewed

for inclusive recruitment

First survey to measure workplace well-being index

92% participation

Governance

Our performance submitted to leading CSR assessments

Such as Corporate Knights, Carbon Disclosure Project, the S&P Global Corporate Sustainability Assessment and the Institutional Shareholder Services group of companies ESG Corporate Rating (ISS ESG)

Training on forced labour and human rights

completed by 100% of procurement employees

Second report published

under the Fighting Against Forced Labour and Child Labour in Supply Chains Act 

Disclosure and rakings 

dialogue-with-stakeholders