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 61% 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 2023, Uranium Energy Corp. reported total carbon emissions of approximately 2,711,860 kg CO2e, with Scope 1 emissions accounting for about 1,343,770 kg CO2e and Scope 2 emissions at approximately 1,368,090 kg CO2e. This marks a significant increase in emissions compared to 2022, where the company reported Scope 1 emissions of about 509,640 kg CO2e globally and 370,270 kg CO2e in the US, alongside Scope 2 emissions of approximately 139,370 kg CO2e. Uranium Energy has not set specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of defined reduction initiatives suggests a need for further development in their climate strategy. The company’s emissions data is not cascaded from any parent organisation, indicating that all reported figures are directly from Uranium Energy Corp. Overall, while Uranium Energy is engaged in uranium production, which is essential for low-carbon energy, its current emissions profile highlights the importance of establishing clear climate commitments and reduction strategies to align with global sustainability goals.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 509,640 | 0,000,000 |
| Scope 2 | - | 0,000,000 |
| 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.
