Blackstone’s Vision for a Sustainable Future

We are committed to advancing a clean energy transition grounded in social responsibility, accountable governance and innovative environmental stewardship. As we’ve released our third voluntary ESG Report, we strive to turn ambition into measurable action for our clients, our people and our planet.

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Our Impact at a Glance

Net-Zero Future

Our Environmental Pillar reflects our commitment to advancing the energy transition, reducing environmental impacts, and supporting a more sustainable future.


48%
of clients advancing their net-zero pathways

$9.89M

in incentives secured for clients since 2024
12.4M sq. ft

of infrastructure managed through decarbonization projects
44%

average annual utility cost savings identified through clean infrastructure studies
55%

average annual emissions reduction identified through clean infrastructure studies
70%

reduction in our emission intensity from our 2020 baseline
45%

waste diversion rate

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Black and white chess pieces on a board

Our ESG Strategy

Our Environmental, Social, and Governance (ESG) strategy is integral to how we operate and evolve as an organization. Guided by our materiality assessment, our priorities centre on advancing a low-carbon future, fostering an inclusive and community-focused culture, and upholding accountable and ethical governance. By proactively identifying and addressing emerging ESG risks and opportunities, we strengthen our resilience, drive innovation, and create lasting value for our people, clients, and communities.

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Case Studies

Real Work, Real Results

01

Client Services

Infrastructure Renewal at Guelph General Hospital

Blackstone developed a two-phase energy infrastructure renewal program for Guelph General Hospital, modernizing the 414,500 sq. ft. facility while maintaining uninterrupted patient care. Through a Managed Energy Services Agreement (MESA) and Design-Build-Finance model, the team built a multi-faceted solutions project, projected to cut emissions by 3,200 tCO₂e annually and generate $1.34 million in yearly utility and operating savings. Phase I was completed under budget and secured more than $2 million in incentive funding, improving hospital resilience and reducing operational costs.

Projected3,200 tCO₂eemissions cut annually$1.34 millionin yearly utility and operating savings
AchievedPhase Icompleted under budgetMore than $2 millionin incentive funding secured

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02

Internal

Navigating the Evolving Price of Carbon

Following the federal decision in 2025 to set the consumer fuel charge to zero, Blackstone implemented an internal and external engagement strategy to ensure that our clients and team understood the associated policy risks and opportunities. Through internal webinars, a policy playbook, and advisory sessions, Blackstone helped our clients navigate their own emissions profile, energy use, compliance exposure, and energy infrastructure priorities.

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03

Client Services

Innovative Grid-Response Solution at Confederation College

Building on extensive energy planning work completed with Confederation College, Blackstone partnered with the College, Synergy North, and Powerconsumer to secure IESO Grid Innovation Fund (GIF) support for a first-of-its-kind demonstration project in Northwestern Ontario. The project integrates thermal energy storage, heat recovery technologies, advanced building controls, and the blackPAC® Distributed Energy Resource Management System (DERMS) to enable dynamic coordination between campus energy assets and the local electricity grid.

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A Message From Our Leadership

Ryan Duffy, CEO and Founder

“In a rapidly changing landscape, Blackstone stands apart by navigating market changes and managing energy complexities with expertise and agility. From supporting clients in managing costs and developing decarbonization strategies to implementing renewable energy projects, we are proud to play a key role in Canada’s clean energy transition”

Ryan Duffy

CEO & Founder
Tim Schneider, President, Solutions

“What sets Blackstone apart is our ability to bridge strategy and execution. We work alongside clients to turn ambitious decarbonization goals into practical, deliverable projects. It’s rewarding to be part of a team that is not only shaping energy strategies, but actively delivering the clean infrastructure needed to make them real.”

Tim Schneider

President, Solutions

Let’s Create Impact Together

At Blackstone Energy, we’re committed to driving innovation and creating solutions tailored to your energy and sustainability needs. Partner with us to achieve your energy and sustainability goals while making a lasting impact on your business and community. Together, we can build a cleaner, more resilient future.

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Check Out Our Past ESG Reports