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.
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.
Industry Benchmark
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.
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Cameco's reported carbon emissions
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 reaching approximately 620,000,000 kg CO2e. In 2023, the company recorded total emissions of about 480,000,000 kg CO2e in Scope 3 and approximately 181,397,000 kg CO2e in Scope 2. The 2022 emissions were reported at about 515,000,000 kg CO2e, with Scope 2 emissions at approximately 170,875,000 kg CO2e. Cameco has not disclosed any specific reduction targets or initiatives through the Science Based Targets initiative (SBTi) or other climate pledges. The company’s emissions data is not cascaded from any parent organization, indicating that all reported figures are directly from Cameco Corporation. Overall, Cameco's emissions profile highlights significant Scope 2 and Scope 3 contributions, underscoring the need for targeted strategies to address these areas in their climate commitments.
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| 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 |
Industry emissions intensity
Location emissions 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 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.
