Uranium Energy
Uranium Energy Corporation (UEC), a prominent player in the uranium mining sector, is headquartered in the United States, with significant operations in key regions such as Texas and Wyoming. Founded in 2003, UEC has established itself as a leader in the exploration and production of uranium, focusing on in-situ recovery (ISR) technology, which sets it apart in the industry. The company’s core offerings include uranium extraction and development, catering to the growing demand for clean energy solutions. UEC's strategic positioning in the market is underscored by its extensive resource base and commitment to sustainable practices. With notable achievements in advancing its projects and securing key permits, Uranium Energy Corporation continues to play a vital role in the global transition towards nuclear energy.
DitchCarbon Score
How does Uranium Energy'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 Nuclear Electricity 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
Uranium Energy's score of 20 is lower than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Uranium Energy's reported carbon emissions
In 2022, Uranium Energy Corp. reported total Scope 1 emissions of approximately 509,640 kg CO2e globally. Within the US, the company disclosed Scope 1 emissions of about 370,270 kg CO2e and Scope 2 emissions of approximately 139,370 kg CO2e. This indicates a commitment to transparency in their carbon footprint, although no Scope 3 emissions data has been provided. The company has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). This lack of formal climate pledges suggests that while Uranium Energy is aware of its emissions, it has yet to establish a structured approach to reducing its carbon impact. Uranium Energy's emissions intensity for yellowcake production is reported at about 86.11 kg CO2e per pound, reflecting the company's operational efficiency in the uranium sector. However, the absence of comprehensive emissions data for 2023 limits the ability to assess any recent changes in their carbon footprint. Overall, while Uranium Energy Corp. has made strides in disclosing its emissions, further commitments and reduction strategies would enhance its climate responsibility and align it with industry standards for sustainability.
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| 2019 | 2022 | |
|---|---|---|
| Scope 1 | - | 000,000 |
| Scope 2 | 210,101,000 | - |
| Scope 3 | - | - |
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.
Uranium Energy 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.
