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Boralex recognized as Best Corporate Citizen in Canada by Corporate Knights

25 June 2025 / Press releases

Man Innu smiling

Montreal (Canada), June 25, 2025 – Boralex inc. (“Boralex” or the “Company”) (TSX: BLX) is proud to announce that it has been named the top company in Corporate Knights’ annual ‘Best 50 Corporate Citizens’ ranking in Canada. This ranking recognizes companies that demonstrate outstanding leadership and commitment to sustainable development. This achievement highlights the importance Boralex places on corporate responsibility, which lies at the core of its business strategy.

Boralex’s approach is based on a clear vision: to contribute to a renewable energy future, while ensuring a safe, inclusive and responsible work environment and committing to a net-zero trajectory by 2050. This vision is reiterated in the Company's 2030 Strategy, unveiled last week. Receiving this recognition from Corporate Knights encourages us to continue our efforts in this direction, particularly in a context where climate risk remains one of the main business risks on a global scale.

Patrick Decostre
President and Chief Executive Officer, Boralex

This ranking represents a collective achievement, the result of sustained collaboration with all our stakeholders. It reflects our teams’ unwavering commitment to embedding social responsibility at the core of our strategic decisions, as well as the invaluable support of our host communities, clients, partners, and investors. We also commend the performance of the other companies featured in this ranking and their commitments to building a more sustainable shared future.

Mihaela Stefanov
Senior Vice President, Enterprise Risk Management and Corporate Social Responsibility, Boralex

Corporate Knights evaluates the annual performance of nearly 350 Canadian companies on 33 key global performance indicators. The full Corporate Knights methodology is available on their website, and all Boralex data used in the evaluation is available on the Corporate Knights platform. Among other things, Boralex excelled in the following indicators (year 2023):

  • Sustainable revenue
  • Sustainable investment
  • Existence of a sustainability pay link mechanism
  • GHG Productivity
  • Gender diversity on board of directors

Boralex unveiled its most recent Corporate Social Responsibility (CSR) Report last February. Among the highlights for the year, the Company reviewed its talent acquisition process for inclusive recruitment, won the ‘Workforce Development’ award at Nergica’s Reconnaissance renewable energy gala for its wind maintenance training program for Innus and obtained approval of its greenhouse gas emission reduction targets from the Science-based Target Initiative (SBTi). More details on Boralex's CSR strategy are available on its website.

See the press release

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Stéphane Milot

Vice-President, Investor Relations & Financial Planning and Analysis

stephane.milot@boralex.com

514 213-1045

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Camille Laventure

Senior Advisor, Public Affairs and External Communications

camille.laventure@boralex.com

438 883-8580