Our Sustainability goal is compliance with zero harm to people and the Environment

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.

Ethos is defined as a set of beliefs, customs, or character. It is used to refer to the practices or values that distinguishes one person, organization, or society from others. At Polaris Renewable Energy Inc., Environmental, Social and Governance (ESG) principals are a fundamental part of our business ethos, and our Board, Management and Employees embody these principles – not just practice them.

Message from Jaime Guillén

Chairman of Board of Directors

We have seen a tremendous groundswell of activism in the Investment Community in the last couple of years in this area. However, our Company did not start these initiatives as a result of this timely and important movement. Acting in a way that is sustainable has always been a passion of mine and a passion of our entire team.

Message from Marc Murnaghan

Chief Executive Officer and Director

We care about leaving a positive mark on the communities where we operate. We contribute to their sustainable development by promoting the education of children in our local communities by giving them the tools so that they can successfully undertake agricultural projects amongst other socio-economic activities.

Message from Marcela Paredes

Director and Chair of the HR & ESG Committee

Sustainability by numbers as of 2022

141.75 MV

Generating Capacity

$535.1 M

Total Assets

312,240 CO₂

per year of avoided
emissions

$61.7 M

Revenue Generated

6 Countries

208 Employees

Renewable Energy. Today, Tomorrow
and For Future Generations^TM

Our Practice

Anticorruption and Transparency
Ethics
Corporate Governance

Occupational Health and Safety
Talent Management and Empowerment
Diversity and Inclusion

Supply Chain
Stakeholder engagement
Community Development
Human Rights

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.

See our profile here Polaris Renewable Energy Inc. | UN Global Compact

Polaris REI UN Global Compact Participant

Green Financing Framework

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.

Polaris REI Green Financing Framework August 2022

Polaris Green Financing Framework SPO