(+1) 647-245-7199
info@PolarisREI.com
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CONTACT US
Youtube Linkedin
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  • Home
  • About us
  • Investors
  • Portafolio
    • Peru
      • Canchayllo- Perú
      • Generación Andina (El Carmen)- Perú
      • Generación Andina (8 de Agosto) – Perú
    • Ecuador
      • San José de Minas – Ecuador
    • Nicaragua
      • San Jacinto – Nicaragua
    • Puerto Rico
      • Punta Lima Wind Farm – Puerto Rico
    • Panamá
      • Vista Hermosa- Panamá
    • Dominican Republic
      • Canoa I – Dominican Republic
  • Sustainability
  • Reports
    • Documents
    • Corporate and Financial Reports
    • News
    • Sustainability Reports
CONTACT US

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.

ESG 2024 Report
ESG 2024 Report Highlights

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.

Jaime Guillén

Chairman of Board of Directors

Jaime Guillén

Chairman of Board of Directors

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.

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.

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.

Marcela-Website

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.

Marcela Paredes

Director and Chair of the HR & ESG Committee

Marcela-Website

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 2024

156 MW

Generating Capacity

6 Countries

In America Latin

345,923 t CO2

per year of avoided emissions

205

Employees

Our Approach Four pillars ofSustainability

Our Practice

Our Practice

Governance and ethical business conduct.

  • Anticorruption and Transparency
  • Ethics
  • Corporate Governance
  • Human Rights
More Info
Our People

Our People

Workforce development, diversity and health & safety.

  • Occupational Health and Safety
  • Talent Management and Empowerment
  • Diversity and Inclusion
More Info
Our Partners

Our Partners

Shared value with communities and suppliers.

  • Supply Chain
  • Stakeholder engagement
  • Community Development
More Info
Our Planet

Our Planet

Environmental performance and clean energy generation.

  • Emissions reduction
  • Climate change strategy
  • Water management
  • Biodiversity
  • Waste management
More Info

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 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.

Polaris Green Financing Framework SPO
Polaris REI Green Financing Framework August 2022
Learn More

SustainabilityReports

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Who we are

Polaris Renewable Energy Inc. is a Canadian publicly traded company engaged in the acquisition, development and operation of Renewable Energy projects in Latin America and The Caribbean.

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