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Nuclear Electricity
US
updated 8 days ago

Uranium Energy

Company website

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.

20

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.

32

Industry Benchmark

Uranium Energy's score of 20 is lower than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.

41%

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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 data reflects the company's commitment to transparency in its environmental impact. For the previous year, 2022, the company disclosed Scope 1 emissions of about 509,640 kg CO2e globally, while in the US, it reported Scope 1 emissions of approximately 370,270 kg CO2e and Scope 2 emissions of about 139,370 kg CO2e. Notably, there is no reported data for Scope 3 emissions. Uranium Energy has not set specific reduction targets or initiatives, nor are there any commitments to the Science Based Targets initiative (SBTi) or other climate pledges. The absence of reduction targets indicates a potential area for future development in their climate strategy. Overall, Uranium Energy's emissions data highlights its operational footprint while underscoring the need for enhanced climate commitments in the uranium mining sector.

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20222023
Scope 1
509,640
0,000,000
Scope 2
-
0,000,000
Scope 3
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Uranium Energy's primary industry is Electricity by nuclear, which is low 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. This request for Uranium Energy is in US, which has a low grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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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

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