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Urenco refreshes its sustainability strategy
10 August 2021 Global NewsSustainability is integral to everything we do and in 2021 we have refreshed our sustainability strategy, which is now focused on three building blocks: environmental impact; social impact and governance and ethics.
This followed a materiality assessment, gathering the views of key stakeholder groups through interviews with industry and sustainability experts, a customer survey, and an employee survey and workshops.
All stakeholders were asked to identify priorities for Urenco from a comprehensive list of sustainability topics. We took this feedback and considered the key role that Urenco plays in facilitating the low carbon energy that society needs; how we conduct our day-to-day activities with minimal impact to the environment and the communities in which we operate; and the strategic goals for our long term success.
The resulting refreshed sustainability strategy demonstrates how Urenco contributes to a net zero world and the United Nations Sustainable Development Goals (SDGs), and aligns with established environmental, social and governance (ESG) frameworks.
We are currently working on defining new key performance indicators and our roadmap to net zero in advance of 2040 as part of our commitment to The Climate Pledge. The roadmap will set science based aligned targets covering our scope 1, 2 and 3 and focus on the areas of ‘operational energy efficiency, ‘supply chain engagement and ‘energy procurement and onsite generation’, followed by neutralising residual emissions. This will be finalised and communicated later this year.
See a film about our refreshed sustainability strategy
Read 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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