Public Profile

Cameco

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.

DitchCarbon Score

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.

20

Industry Average

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.

23

Industry Benchmark

Cameco's score of 20 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.

51%

Cameco's reported carbon emissions

In 2023, Cameco, headquartered in Canada, reported total carbon emissions of approximately 310,070,000 kg CO2e, comprising 128,673,000 kg CO2e from Scope 1 and 181,397,000 kg CO2e from Scope 2 emissions. This marks a significant increase from previous years, with emissions in 2022 at about 291,651,000 kg CO2e, and 2021 at approximately 274,581,000 kg CO2e. Cameco has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The company has not reported any Scope 3 emissions, which typically encompass indirect emissions from the value chain. Their focus appears to be primarily on managing Scope 1 and Scope 2 emissions, which are directly related to their operations and energy consumption. Overall, while Cameco's emissions have fluctuated over the years, the absence of defined reduction targets suggests a need for enhanced climate action strategies to align with industry standards and global climate goals.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2014201520162017201820192020202120222023
Scope 1
198,000,000
000,000,000
000,000,000
000,000,000
0,000,000
0,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
350,000,000
000,000,000
000,000,000
000,000,000
00,000,000
00,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
-
-
-
-
-
-
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Cameco's primary industry is Electricity nec, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Cameco is headquartered in CA, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

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 committed to any reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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