Boost for Urenco’s environmental rating
16 December 2022
Urenco has taken a further step forward with its environmental aspirations as a company by improving its Carbon Disclosure Project score (CDP).
Our 2022 Climate Change disclosure score, under the CDP, is a B, which is up from a B- last year.
Our latest score relates to our activities in 2021.
Under CDP criteria, a B means we have addressed the environmental impacts of our business and ensure “good environmental management.” It also shows evidence that we are managing our environmental impact.
Only 283 companies out of a possible 15,000 scored an A for their Climate Change disclosure, which means they are at “environmental leadership” level.
Rob Little, Head of Sustainability at Urenco, said: “This is good news and shows we are heading in the right direction as we continue our efforts to decarbonise our emissions directly and indirectly, and work even more closely with our supply chain and customers to do the same.
“I would like to thank our Net Zero team, including colleagues at all four of Urenco’s sites worldwide, for their ongoing hard work in this area as well as their exploration of innovative solutions.
“We will receive a summary of our performance and areas to improve from CDP shortly, and we will identify opportunities to maintain and improve our score in 2023.”
The CDP says 66% of D- to A- scoring companies this year did not improve their scores from last year, but this is not true in Urenco’s case.
Urenco is committed to a sustainable, net zero carbon future, and was the first nuclear organisation to join the Carbon Pledge in 2020.
This year we announced ambitious science aligned targets to hit net zero on our direct and indirect emissions (scopes 1 & 2) by 2030, and a target to reduce 30% of our supply chain’s carbon emissions by the same date.
Overall, our goal is to hit net zero as a company by 2040.
The CDP is an overview of a company’s carbon, water and forest related performance. Find out more here
Global economies look to the CDP as the “gold standard” when it comes to environmental reporting.
Urenco is an international supplier of enrichment services and fuel cycle products with sustainability at the core of its business. Operating in a pivotal area of the nuclear fuel supply chain for 50 years, Urenco facilitates zero carbon electricity generation for consumers around the world.
With its head office near 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. Using centrifuge technology designed and developed by Urenco, and through 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 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.