LONGUEUIL, QC, June 26,
2024 /CNW/ - Innergex Renewable Energy Inc.
(TSX: INE) ("Innergex" or the "Corporation") proudly continues its
streak as a leader in corporate responsibility, securing a position
in the Top 5 for the third consecutive year in Corporate Knights
magazine's 2024 ranking of Best 50 Corporate Citizens in
Canada. The annual ranking of
corporate sustainability performance recognizes Canadian
corporations that conduct a more humane form of capitalism,
prioritizing people and planet, and transforming business into a
force for good.
"Securing a place in the Top 5 of Canada's Best 50 Corporate Citizens for the
third consecutive year reflects Innergex's unwavering commitment to
sustainable investments, social responsibility, and ethical
leadership," said Michel Letellier,
President and Chief Executive Officer of Innergex. "Sustainability
drives everything we do at Innergex. I am proud of how we are
leading the transition to a clean economy while honouring our
commitment to responsible growth. Together with Indigenous and
local communities, we will continue to drive positive change,
shaping a sustainable future for generations to come."
Innergex's sustainability commitments and disclosures are guided
by the United Nations Sustainable Development Goals ("UNSDGs") and
aligned with the Sustainability Accounting Standards Board
("SASB"), and the Carbon Disclosure Project ("CDP"). On
April 5, 2024, Innergex
published its 2023 ESG Report which outlines the Corporation's
commitment to improving its Environmental, Social and
Governance ("ESG") performance while continuing to grow
responsibly. In November 2022,
Innergex also released its first Task Force on Climate-related
Financial Disclosures ("TCFD") aligned Climate Assessment
Report. In addition to today's recognition from Corporate Knights,
Innergex's commitment to improving its ESG performance has also
earned it a Bronze Parity Certification by Women in Governance and
a place on Report on Business magazine's Women Lead Here list.
The Best 50 Corporate Citizens represent the gold standard for
corporate sustainability leadership in Canada. To determine the ranking, all Canadian
publicly traded, privately owned and Crown corporations with gross
annual revenues of at least $1
billion were analyzed against Canadian and global industry
peers on a suite of 25 quantitative key performance indicators. The
methodology can be found here.
About Corporate Knights
Corporate Knights Inc. is a leading sustainable-economy media
and research B Corp committed to advancing a sustainable economy
that supports both people and the planet. Since 2002, Corporate
Knights has published an award-winning quarterly magazine. It is
distributed in The Globe and Mail, The Wall Street Journal and The
Washington Post. With a circulation of more than 126,000, Corporate
Knights magazine is the most prominent publication dedicated to
advancing a sustainable economy. The Corporate Knights research
division produces global sustainability rankings, research reports
and financial product ratings based on corporate sustainability
performance. Its flagship ranking is the Global 100 Most
Sustainable Corporations in the World, released each year during
the World Economic Forum.
About Innergex Renewable Energy Inc.
For over 30 years, Innergex has believed in a world where
abundant renewable energy promotes healthier communities and
creates shared prosperity. As an independent renewable power
producer which develops, acquires, owns and operates hydroelectric
facilities, wind farms, solar farms and energy storage facilities,
Innergex is convinced that generating power from renewable sources
will lead the way to a better world. Innergex conducts operations
in Canada, the United States, France and Chile and manages a large portfolio of
high-quality assets currently consisting of interests in 88
operating facilities with an aggregate net installed capacity of
3,375 MW (gross 4,328 MW), including 41 hydroelectric facilities,
35 wind facilities, 9 solar facilities and 3 battery energy storage
facilities. Innergex also holds interests in 13 projects under
development with a net installed capacity of 930 MW (gross 1,281
MW), 3 of which are under construction, as well as prospective
projects at different stages of development with an aggregate gross
installed capacity totaling 9,912 MW. Its approach to building
shareholder value is to generate sustainable cash flows and provide
an attractive risk-adjusted return on invested capital.
To learn more, visit innergex.com or connect with us
on LinkedIn.
SOURCE Innergex Renewable Energy Inc.