Boralex ranks among Corporate Knights’ 2022 Best 50 Corporate Citizens in Canada
June 29 2022 - 7:00AM
Boralex Inc. (“Boralex” or the “Company”) (TSX: BLX) is pleased to
announce that it has been named one of Canada’s “Best 50 Corporate
Citizens” by Corporate Knights, a sustainable economy magazine.
Since 2002, this ranking has recognized companies for their
leadership in sustainability.
To determine the ranking for 2022, Corporate
Knights analysed 332 large Canadian organizations against Canadian
and global industry peers on a suite of 24 quantitative key
performance indicators.1 Boralex excelled on three indicators:
- CEO–Average
Worker Pay Ratio
- Board and
Executive Gender Diversity
- Clean Revenue
(earned from clean energy generation)
The Company’s performance earned 23rd place in
the ranking.
“At Boralex, corporate social responsibility
(CSR) has long been at the heart of our business practices. It is
now an integral part of our business strategy. In 2022,
prioritizing CSR is the only way to do business if we are going to
collectively achieve a fair and sustainable energy transition,”
said Patrick Decostre, President and Chief Executive Officer of
Boralex. “This distinction further solidifies our position as a
leading CSR reference in our industry and once again shows the hard
work and rigour of the many employees involved in implementing our
ambitious CSR strategy.”
“It is an honor to be ranked as a leader in
sustainability among the top 50 Canadian companies,” said Mihaela
Stefanov, Director of Corporate Social Responsibility at Boralex.
“This is a significant achievement for Boralex, and we will
continue to lead by example, going beyond renewable energy at all
levels of the company and focusing on actions that truly make a
difference for the environment, communities and our employees.”
Boralex introduced its CSR strategy in 2021 and
published its second CSR report earlier this year.
For more information on our CSR strategy and
commitments, please see the Investors section of our website.
Corporate Power Purchase Agreement
between Boralex and Orange showcased
At a celebration honoring the “Best 50 Corporate
Citizens”, Corporate Knights will present examples of companies who
have taken strong, positive steps that clearly reduced their
greenhouse gas emissions. Boralex is proud to have been recognized
for its signature of a Corporate Power Purchase Agreement with
Orange, France’s largest telecommunications service provider.
The article is available on the Corporate
Knights website.
About Boralex
At Boralex, we have been providing affordable
renewable energy accessible to everyone for over 30 years. As a
leader in the Canadian market and France’s largest independent
producer of onshore wind power, we also have facilities in the
United States and development projects in the United Kingdom. Over
the past five years, our installed capacity has more than doubled
to 2.5 GW. We are developing a portfolio of more than 3 GW in wind
and solar projects and nearly 200 MW in storage projects, guided by
our values and our corporate social responsibility (CSR) approach.
Through profitable and sustainable growth, Boralex is actively
participating in the fight against global warming. Thanks to our
fearlessness, our discipline, our expertise and our diversity, we
continue to be an industry leader. Boralex’s shares are listed on
the Toronto Stock Exchange under the ticker symbol BLX.
For more information, visit www.boralex.com or
www.sedar.com. Follow us on Facebook, LinkedIn and Twitter.
For more information:
Media |
Investor Relations |
Camille LaventureAdvisor, Digital
CommunicationsBoralex
Inc.438-883-8580camille.laventure@boralex.com |
Stéphane MilotSenior Director –
Investor RelationsBoralex Inc.514
213-1045stephane.milot@boralex.com |
Source: Boralex Inc.
1 The full ranking methodology can be found here: Best 50
Resources | Corporate Knights.
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