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.

16

Industry Benchmark

Cameco's score of 20 is lower than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.

4%

Cameco's reported carbon emissions

In 2023, Cameco reported total carbon emissions of approximately 310,070,000 kg CO2e, comprising about 128,673,000 kg CO2e from Scope 1 and about 181,397,000 kg CO2e from Scope 2 emissions. This reflects a continued commitment to monitoring and managing their carbon footprint. Over the years, Cameco has demonstrated a trend of reducing emissions. For instance, in 2022, their total emissions were about 291,651,000 kg CO2e, which indicates a slight increase in 2023. However, from 2014 to 2021, the company has shown a general decline in emissions, with 2014 emissions at approximately 548,000,000 kg CO2e (198,000,000 kg CO2e from Scope 1 and 350,000,000 kg CO2e from Scope 2). Despite these figures, Cameco has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to operate within the nuclear energy sector, which is often viewed as a low-carbon energy source, contributing to broader climate goals. Cameco's emissions data highlights the importance of ongoing efforts in carbon management and the need for future commitments to enhance sustainability practices.

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Add to project
2014201520162017201820192020202120222023
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
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
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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers