Cameco Corp
Cameco's GHG Emissions Data Preview
In 2023, Cameco completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
However, Cameco has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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Verified Sources Behind Cameco’s Greenhouse Gas (GHG) Emissions Data
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Insights into Cameco's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Cameco amounted to 314,532 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Cameco increased by 7.85%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
Cameco's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Cameco's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Cameco were 128,673 metric tons of CO₂ equivalent (tCO₂e). a
Has Cameco reduced its Scope 1 emissions over time?
Since 2021, Cameco's Scope 1 emissions have increased by 27.85%, reflecting a rising long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), Cameco's Scope 1 emissions increased by 5.45%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are Cameco's Scope 2 emissions?
In 2023, Cameco reported Scope 2 greenhouse gas (GHG) emissions of 181,397 tCO₂e using the market-based method and 185,859 tCO₂e using the location-based method. a
Has Cameco reduced its Scope 2 emissions over time?
Since 2021, Cameco's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Cameco 's emissions have plateaued with no significant change in its energy consumption footprint. a
Compared to the previous year (2022), Cameco's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Cameco 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does Cameco use for Scope 2 reporting?
In 2023, Cameco reported its Scope 2 emissions using the market-based method and using the location-based method. a
Cameco's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Cameco's Value Chain Emissions
In 2023, Cameco reported 500,000 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2023 disclosure of Cameco includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
Cameco's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Cameco's Scope 3 emissions?
In 2023, Cameco reported total Scope 3 emissions of 500,000 metric tons of CO₂ equivalent (tCO₂e). a
Insights into Cameco’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Cameco reported Scope 1 greenhouse gas (GHG) emissions of 128,673 tCO₂e and total revenues of USD 1,955 millions. This translates into an emissions intensity of 65.83 tCO₂e per millions USD. a
Cameco's Scope 1 Emissions Intensity Compared to Peers
How does Cameco's GHG emissions intensity compare to its peers?
In 2023, Cameco reported a Scope 1 emissions intensity of 65.83 tCO₂e per millions USD. Compared to the peer group median of 302.16, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does Cameco rank on GHG emissions intensity within its industry?
In 2023, Cameco ranked 5 out of 17 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Cameco among the top performers, with one of the lowest emissions intensities relative to peers. a
Insights into Cameco's Total Carbon Footprint
In 2023, Cameco reported a total carbon footprint of 814,532 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 179.28% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Cameco's total carbon footprint was Scope 3 emissions, accounting for 61.38% of the company's total carbon footprint, followed by Scope 2 emissions at 22.82%. a