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Reducing carbon emissions at Urenco
03 September 2021 Global NewsAt Urenco we are working hard to reduce carbon emissions and meet our commitment to reach net zero in advance of 2040 in line with our membership of the Climate Pledge.
This includes examining the emissions associated with our wider value chain (scope 3 emissions).
We recently undertook a study to identify which areas of our value chain we should focus our carbon reduction efforts on, looking at the 15 categories of scope 3.
Scope 3 accounted for 44% of our total emissions in 2020. Purchased goods and services (category 1) made up 80% of this, with major categories including uranium feed and cylinders; human resources, health and safety and information technology services; and equipment, systems and instrumentation. However, many of these emissions do not sit with our direct suppliers, for example 87% of uranium feed emissions come from the mining and milling stages of the nuclear fuel cycle.
This study was a first screening of our data. Next steps will include refining the model on goods and services purchased and sourcing more accurate emissions data from our individual suppliers. We are also exploring the opportunities for emissions reduction or avoidance with our suppliers.
More information will be communicated in the autumn when we have finalised a roadmap to achieving our net zero ambition.
Read more about Urenco’s environmental impact in our Sustainability Report.
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About Urenco
Urenco is an international supplier of uranium enrichment services, fuel cycle products and related solutions with sustainability at the core of our business. Operating in a pivotal area of the nuclear fuel supply chain for over 50 years, Urenco understands the importance of energy security and facilitates the reliable delivery of low carbon electricity generation for consumers around the world.
With its head office in London, UK, Urenco’s global presence ensures diversity and security of supply for customers through enrichment facilities in Germany, the Netherlands, the UK and the USA. Through our technology and the expertise of our people, the Urenco Group provides safe, cost effective and reliable services, operating within a framework of high environmental, social and governance standards, complementing international safeguards.
Urenco is making a positive contribution to global climate change goals through our core business and we are committed to achieving net zero carbon emissions by 2040.
We are committed to continued investment in the responsible management of nuclear materials; innovation activities with clear sustainability benefits, such as nuclear medicine, industrial efficiency and research; and nurturing the next generation of scientists and engineers.
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