Cameco Corp
Cameco's GHG Emissions Data Preview
In 2024, 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).
Cameco has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  a | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature. a | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 |
Verified Sources Behind Cameco’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Cameco’s data sources below and access millions more through our Disclosure Search.
Insights into Cameco's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Cameco amounted to 316,869 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 2023, the total operational greenhouse gas (GHG) emissions of Cameco decreased by 0.04%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Cameco's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Cameco's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Cameco were 131,381 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 30.54%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Cameco's Scope 1 emissions increased by 2.1%, 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 2024, Cameco reported Scope 2 greenhouse gas (GHG) emissions of 178,306 tCO₂e using the market-based method and 185,488 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.ab
Compared to the previous year (2023), 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 2024, 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 2024, Cameco reported 620,000 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 2024 disclosure of Cameco includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
Cameco's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Cameco's Scope 3 emissions?
In 2024, Cameco reported total Scope 3 emissions of 620,000 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 61.94% of these emissions originated from upstream activities such as purchased goods and capital goods, while 38.06% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Cameco's Scope 3 emissions increased by 29.17%, suggesting that the company faced challenges in reducing emissions across its value chain.a
What categories of Scope 3 emissions does Cameco disclose?
In 2024, Cameco reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This reflects a high level of granularity and transparency in the company's emissions reporting.
What are the main sources of Cameco's Scope 3 emissions?
In 2024, the largest contributors to Cameco's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 295,000 tCO₂e (47.58%)
- Processing of Sold Products (Cat. 10): 100,000 tCO₂e (16.13%)
- Investments (Cat. 15): 75,000 tCO₂e (12.1%)
Cameco's Scope 3 Emissions by Categories
Insights into Cameco’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Cameco reported Scope 1 greenhouse gas (GHG) emissions of 131,381 tCO₂e and total revenues of USD 1,581 millions. This translates into an emissions intensity of 83.12 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 2024, Cameco reported a Scope 1 emissions intensity of 83.12 tCO₂e per millions USD. Compared to the peer group median of 376.42, 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 2024, Cameco ranked 5 out of 22 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 2024, Cameco reported a total carbon footprint of 936,869 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 17.55% increase compared to 2023, 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 66.18% of the company's total carbon footprint, followed by Scope 2 emissions at 19.8%.a