Innergex and Polaris lead 2026 Best 50 Corporate Citizens in Canada

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Summary · why it matters

Innergex Renewable Energy Inc. reclaimed the top spot and Polaris Renewable Energy Inc. jumped to second in the 2026 Best 50 Corporate Citizens in Canada ranking, with Telus Corp taking third. The ranking, now in its 25th year, assessed 356 Canadian corporations with at least $1 billion in annual revenues using a methodology updated to focus on three equally weighted metrics: share of sustainable investments, share of sustainable revenues, and a sustainable-revenue momentum score tracking growth from 2022 to 2024. Among the Best 50, 46.3% of investments and 39.2% of revenues were classified as sustainable, compared to just 6.0% for both metrics among all other companies assessed. Economy-wide, total sustainable investments grew 60% to $39 billion from 2019 to 2024, while sustainable revenues rose 61% to $146 billion, outpacing non-sustainable growth. Publicly traded Best 50 companies have delivered a 798% gross return since the ranking's launch in June 2002, versus 759% for the S&P/TSX Composite.

Impact on stocks 1

Artificial Intelligence▲ · 1 stocks
Telus Corp
TU
▲ Positiverelevance

Telus ranked third in the Best 50 Corporate Citizens list, indicating strong ESG performance.

Off-coverage companies 2

Innergex Renewable Energy Inc.Private▲ Positive
relevance

Innergex reclaimed the top spot in the Best 50 Corporate Citizens ranking, highlighting its leadership in sustainable investments and revenues.

Polaris Renewable Energy Inc.Private▲ Positive
relevance

Polaris jumped to second place in the Best 50 Corporate Citizens ranking, reflecting strong sustainable metrics.

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