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 24 is higher than 50% 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, comprising 131,381,000 kg CO2e from Scope 1, 178,306,000 kg CO2e from Scope 2, and 620,000,000 kg CO2e from Scope 3 emissions. This represents a slight increase in total emissions compared to 2023, where emissions were about 515,000,000 kg CO2e, with Scope 1 at 128,673,000 kg CO2e, Scope 2 at 181,397,000 kg CO2e, and Scope 3 at 480,000,000 kg CO2e. Cameco has not set specific reduction targets under the Science Based Targets initiative (SBTi) nor has it made any formal climate pledges. The company’s emissions data is not cascaded from a parent organization, indicating that it operates independently in its reporting and commitments. Cameco's emissions have fluctuated over the years, with a notable total of approximately 515,000,000 kg CO2e in 2022 and 600,000,000 kg CO2e in 2024. The company continues to monitor and report its emissions across all scopes, demonstrating a commitment to transparency in its environmental impact.
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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 | 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.
