As a company, we strongly believe long-term returns are bolstered by a healthy balance among all the company stakeholders’ including share and debt holders, employees, customers, the society the business operates in, and the Environment.
(+1) 647-245-7199
info@PolarisREI.com
7 St. Thomas St. Suite 606 Toronto, Canada
Our Sustainability goal is compliance with zero harm to people and the Environment
Our strategy is deliberate and focused: to operate safely, allocate capital responsibly, and deliver renewable energy efficiently, while proactively managing the environmental and social factors that influence asset reliability and long-term shareholder value. This reflects how we protect our assets, support our people, and deliver durable returns.
Marc Murnaghan
Chief Executive Officer and Director
Marc Murnaghan
Chief Executive Officer and Director
Our commitment to sustainability extends beyond energy generation it is about empowering our teams, enhancing the well being of the communities around us, and contributing to a cleaner, healthier world. This is why we continue to focus on creating a positive and lasting impact from delivering clean and reliable energy to local grids to improving quality of life through local initiatives. Our partnerships with communities are built on trust, collaboration, and mutual benefit, and we take great pride in the progress we’ve made together.
Supported by the Committee, the Board provides active and structured oversight of responsible business matters across the organization. Through regular reporting, clearly defined roles and responsibilities, and accountability extending from the Board to management and site-level teams, we ensure that material environmental, operational, and workforce considerations are embedded in decision-making. This governance framework enhances transparency, reinforces disciplined execution, and aligns strategic objectives with operational performance and risk management.
Marcela Paredes
Director and Chair of the HR & ESG Committee
Marcela Paredes
Director and Chair of the HR & ESG Committee
At Polaris, the four pillars of our sustainability strategy Our Practice, Our People, Our Partners, and Our Planet are central to how we create value. These pillars guide all efforts to benefit not only our stakeholders but also the environment and communities in which Polaris operates. Sustainability is at the core of our corporate culture, driving us to make meaningful contributions that foster environmental and social responsibility, while supporting the continued growth and success of the organization.
Sustainability by numbers as of 2025
Our Approach Four pillars ofSustainability
Our Practice
Our Practice
Governance and ethical business conduct.
- Anticorruption and Transparency
- Ethics
- Corporate Governance
- Human Rights
Our People
Our People
Workforce development, diversity and health & safety.
- Occupational Health and Safety
- Talent Management and Empowerment
- Diversity and Inclusion
Our Partners
Our Partners
Shared value with communities and suppliers.
- Supply Chain
- Stakeholder engagement
- Community Development
Our Planet
Our Planet
Environmental performance and clean energy generation.
- Emissions reduction
- Climate change strategy
- Water management
- Biodiversity
- Waste management
UN Global Compact
Polaris Renewable Energy Inc. is pleased to be a participant of the UN Global Compact Network Canada and committed to the #TenPrinciples of the United Nations Global Compact in the areas of human rights, Labour, environment and anti-corruption. This commitment is to operate responsibly, in alignment with universal sustainability principles, take actions to support society, and report annually on our ongoing efforts.
Green FinancingFramework
Our Green Financing Framework enables us to issue green financing: loans (corporate and project level) and/or bonds for eligible green projects. Aligned with the four core components of the Green Bond Principles (2021), the Green Loan Principles (2021), and the EU Taxonomy, the aim is to facilitate disclosure, transparency, integrity and equality related to our green financing for interested investors and stakeholders.