Cameco Corporation, a leading player in the global nuclear industry, is headquartered in Saskatoon, Saskatchewan, Canada. Founded in 1988, Cameco has established itself as one of the largest uranium producers in the world, with significant operations in Canada, the United States, and Kazakhstan. The company focuses on uranium mining, refining, and conversion, providing essential fuel for nuclear power generation. Cameco's core products include high-quality uranium concentrates and conversion services, which are distinguished by their commitment to safety and sustainability. With a strong market position, Cameco has achieved notable milestones, including strategic partnerships and advancements in mining technology. As a key supplier to the nuclear energy sector, Cameco plays a vital role in supporting clean energy initiatives globally.
How does Cameco's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Electricity from Other Sources industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Cameco's score of 25 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Cameco reported total carbon emissions of approximately 600,000,000 kg CO2e, with Scope 2 emissions accounting for about 178,306,000 kg CO2e and Scope 3 emissions at approximately 620,000,000 kg CO2e. In 2023, the company recorded Scope 2 emissions of about 181,397,000 kg CO2e and Scope 3 emissions of approximately 480,000,000 kg CO2e. The data indicates a significant increase in Scope 3 emissions from 2023 to 2024. Cameco's emissions data for previous years shows a trend of fluctuating emissions, with total emissions in 2022 at about 515,000,000 kg CO2e and Scope 2 emissions at approximately 170,875,000 kg CO2e. The company has not disclosed any Scope 1 emissions data for 2024, 2023, or 2022, but in 2021, Scope 1 emissions were reported at approximately 100,646,000 kg CO2e. Despite the substantial emissions figures, Cameco has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction targets suggests a need for further commitment to climate action within the industry context. Cameco's headquarters is located in Canada (CA), and the emissions data is sourced directly from Cameco Corporation without any cascading from a parent or related organization.
Access structured emissions data, company-specific emission factors, and source documents
2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 198,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | - | - |
Scope 2 | 350,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | - | - | - | - | - | - | - | - | 000,000,000 | 000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Cameco is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.