Cameco Corporation, a leading player in the electricity nec sector, is headquartered in Saskatoon, Saskatchewan, Canada. Founded in 1988, Cameco has established itself as a prominent supplier of uranium, a critical component in nuclear energy production, with operations spanning North America and beyond.
The company focuses on uranium mining, refining, and fuel manufacturing, offering unique services that cater to the growing demand for clean energy solutions. Notably, Cameco is recognised for its commitment to sustainability and safety, setting industry standards in environmental stewardship.
With a strong market position, Cameco has achieved significant milestones, including strategic partnerships and expansions that enhance its operational capabilities. As a trusted name in the nuclear fuel supply chain, Cameco continues to play a vital role in the transition to low-carbon energy sources.
+20 vs industry average
Cameco’s score of 35 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Electricity from Other Sources is among the most carbon-intensive industries
Industry performance
The Electricity from Other Sources industry has reduced its overall emissions by 36% since 2018
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Cameco's reported carbon emissions
Cameco Corporation, a Canadian electricity nec industry company, reported approximately 838 million kg CO2e in Scope 1 and Scope 2 emissions for 2025, with Scope 3 emissions totalling about 530 million kg CO2e. The total Scope 1, 2, and 3 emissions for 2025 were approximately 1.368 billion kg CO2e.
In 2024, Cameco's Scope 1 emissions were approximately 131.38 million kg CO2e and Scope 2 emissions (market-based) were approximately 181.37 million kg CO2e, resulting in combined Scope 1 and 2 emissions of about 309.69 million kg CO2e. Scope 3 emissions for 2024 were around 620 million kg CO2e.
The company's Scope 1 and 2 emissions for 2023 were approximately 310.07 million kg CO2e (market-based), with Scope 3 emissions at approximately 480 million kg CO2e. In 2022, Cameco's reported emissions totalled approximately 515 million kg CO2e, encompassing Scope 1 and Scope 2. For 2021, Scope 1 and 2 emissions were approximately 274.58 million kg CO2e.
Historically, Cameco has reported Scope 1 and 2 emissions as follows: 247.02 million kg CO2e in 2020, 277.69 million kg CO2e in 2019, and 145.91 million kg CO2e in 2018. Earlier data includes Scope 1 and 2 emissions of 271 million kg CO2e in 2017, 323 million kg CO2e in 2016, and 338 million kg CO2e in 2015.
Cameco has not publicly disclosed specific reduction targets for its greenhouse gas emissions.
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Cameco’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Cameco yet.
Scope 3 top emissions categories
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