Sustainability Reporting Initiative
A Better World: a Mission Within our Reach
Innergex Renewable Energy Inc. (“Innergex” or the “Corporation”) is an independent renewable power producer which develops, acquires, owns and operates hydroelectric, wind, solar and energy storage facilities. As a global Corporation, Innergex conducts operations in Canada, the United States, France and Chile.
Innergex is committed to improving its ESG performance and to continue to grow its activities in accordance with its sustainable business model that balances People, our Planet and Prosperity.
We are a team of passionate individuals who build strong partnerships with local communities.
We believe that renewable energy is part of the solution to climate change.
We generate value for our employees, shareholders, partners and host communities.
Number of facilities
as at December 31, 2020
Gross installed capacity (MW)
as at December 31, 2020
Net installed Capacity by Operating Segment (%)
as at December 31, 2020
Facilities in operation
Gross Installed Capacity
HOUSEHOLDS supplied with clean, renewable energy5
metric tonnes of CO2 offset through our production of renewable energy
in Revenues Proportionate1
of clean electricity (Total Production Proportionate)
declared IN DIVIDENDS on common shares
paid out in employee wages and benefits
AND BENEFICIAL Employee and Family Assistance Program
SAFETY MEASURES were put in place in all operating facilities to protect operators and other workers on-site, all office employees have been working from home since March 2020
Over $1.2 M
DISBURSED TO LONGTERM ENVIRONMENTAL MONITORING PROGRAMS that study fish, wildlife, and their habitats in and around our facilities
RESPONSE RATE at our employee pulse survey
IN FUNDING distributed through sponsorships, donations and voluntary contributions
donated by Innergex TO COVID-19 RELIEF EFFORTS in the countries where we conduct operations, and a further $37,225 contributed by our employees
TRIR (total recordable injury rate)
0.62 kg CO₂e/MWh energy produced
Greenhouse Gas Intensity
Board Average Tenure
Board Members were Women4
Board and Committee Meeting Attendance
Average Age of Board of Directors
of our board members were INDEPENDENT
of employees signed the Code of Conduct annual confirmation form reaffirming their commitment to uphold its standards
Innergex Renewable Energy Inc. earned the 20th spot in Corporate Knight’s 2021 Best 50 Corporate Citizens list
All data from the fiscal year end as of December 31, 2020 as reported in the 2020 Annual Report unless otherwise stated. All figures in Canadian dollars.
All figures as of December 31, 2020.
1. Not a recognized measure under International Financial Reporting Standards (IFRS). Non-IFRS measures.
2. Gross installed capacity is the total capacity of all Operating Facilities of Innergex, including non-wholly owned subsidiaries and joint ventures and associates.
3. Compared with $46.0 million in 2019. Includes wages and benefits expenses capitalized to projects under construction or development, and wages and benefits expenses recharged to joint ventures and associates.
4. Includes only independent members.
5. Based on Innergex’s 2020 Production Proportionate in each country in which we operate, divided by the local household
average consumption, with data from the World Energy Council (2014).
We generate solutions for a cleaner future
Hydroelectricity, created by harnessing energy from running water, is produced from the natural water flow of rivers, assuring large scale and stable energy generation. It is currently the most widely-used source of renewable energy and has a very long operating life.
Wind power is an affordable and plentiful source of energy. Wind energy is an ideal alternative to fossil fuels as its generation produces no atmospheric emissions, no harmful waste, nor any other type of air or water pollution.
Solar energy is the result of the most abundant and unlimited resource there is, the sun. Harnessing this energy requires no fuel or moving parts, creates no emissions during operations, and requires low maintenance. It is one of the cleanest forms of renewable energy around.
Energy storage systems create more flexible and reliable grid systems by providing load shifting to deliver power when it is needed most, day or night. Storage technology complements existing energy generation methods to bring more stability to consumers.
2020 Sustainability Report
Please note: All monetary amounts mentioned in this microsite are in Canadian Dollars unless mentioned otherwise.
Please note: On May 23, 2019, the Corporation announced completion of the sale of its wholly owned subsidiary Magma Energy Sweden A.B., which owns an equity interest of approximately 53.9% in HS Orka hf, owner of two geothermal facilities in operation, one hydro project in development and prospective projects in Iceland. As a result, they are not included in this microsite.