Toronto, Canada, June 25, 2025 – Renewable electricity producers occupy two of the top three spots in the 2025 edition of Corporate Knights’ ranking of the Best 50 Corporate Citizens in Canada. Quebec-based Boralex Inc. climbed from 15th spot on the 2024 list to become the top-ranked company this year. Alberta-based design and engineering firm Stantec once again took second spot, while Quebec-based Innergex Renewable Energy Inc. – among last year’s top five – is in third spot this year.
Boralex operates 103 wind farms, 13 solar energy facilities, 15 hydroelectric power stations, and two storage units. Collectively, it has an installed capacity of more than 3,260 megawatts at facilities in Canada, the United States, the United Kingdom and France. Its entire electricity sales revenue comes from renewable production, and it is working toward net-zero across its value chain by 2050.
The Best 50 Corporate Citizens are identified each year from among a universe including all Canadian corporations with at least $1 billion in annual revenues. They are assessed relative to the percentage of their investments and revenues that are sustainable, and to up to 23 other metrics that reflect both global carrying capacities in areas such as carbon emissions and aspirations for greater social equity.
