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.
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.
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.
Uranium Energy's score of 18 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Uranium Energy reported total carbon emissions of approximately 2,711,860 kg CO2e, comprising about 1,343,770 kg CO2e from Scope 1 and about 1,368,090 kg CO2e from Scope 2 emissions. This marks a significant increase in emissions compared to previous years, with 2022 emissions recorded at approximately 509,640 kg CO2e for Scope 1 and 139,370 kg CO2e for Scope 2 in the US. The company has not disclosed any specific reduction targets or initiatives aimed at decreasing its carbon footprint. As such, there are no formal commitments to reduce emissions in line with industry standards or frameworks like the Science Based Targets initiative (SBTi). Uranium Energy's emissions data highlights the challenges faced in the uranium sector regarding carbon management, particularly as the company continues to expand its operations. The absence of reduction targets suggests a need for enhanced climate commitments to align with global sustainability goals.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 370,270 | 000,000 | 000,000 | 0,000,000 |
Scope 2 | - | 000,000 | - | 0,000,000 |
Scope 3 | - | - | - | - |
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 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.