Nuclear safety, security and non-proliferation
We are fully compliant and committed to the treaties, laws and regulations that govern the nuclear energy industry and promote the peaceful application of nuclear power. These international agreements ensure we consistently meet the stringent inspection criteria set by global governing bodies, which act as a model for nuclear non-proliferation.
Highly regulated through government authorities
In each of the countries where we operate, we work closely with the regulators and report to them on an ongoing basis. Government authorities regulate and approve the design and operating principles of our facilities to ensure safety and security. They also monitor and inspect them to check compliance with all relevant legislation.
Zero significant nuclear security events
We are committed to having zero significant nuclear security events. To ensure this we will use our relationships and knowledge to strengthen our position as a reliable political partner in the field of international non-proliferation.
Ethical and transparent behaviours
At Urenco we operate all areas of our business and supply chain in line with our values and behaviours. Our sustainability KPIs included in our Corporate Reports are externally assured and in line with the environmental, social and governance (ESG) framework.
Anti-modern slavery
Urenco recognises the importance of supporting measures designed to combat slavery and human trafficking. As such, we have a modern slavery transparency act statement outlining our commitment to conducting all our relationships with honesty, fairness and respect.
-
Ensuring the highest standards
Urenco works to the highest standards across all its activities following a clearly defined and straightforward quality management system and a programme of continual improvement. We have obtained certificates which demonstrate our ability to meet international standards for Quality Management Systems, Environmental Management Systems, Information security, cybersecurity and privacy protection and Eco-Management and Audit.
View all of our quality certificates
-
Benchmarking our performance
Urenco made its first submission to the Carbon Disclosure Project (CDP) in 2021. As a global, publicly available database, the CDP rating acts as a credible standard that customers, financial lenders and creditors can use in their decisions surrounding Urenco. By disclosing our 2020 environmental data to the CDP, which included our carbon performance, climate risks and mitigation, targets and examples of our energy policy engagement work, we can benchmark our performance against nearly 12,000 other scored companies.
-
Accountability through financing
2021 also saw Urenco sign a new sustainability-linked bank facility. As part of the facility negotiation, we presented Urenco’s sustainability objectives to our banks. The bank facility includes commitments on carbon reduction, water management and safety. If we achieve pre-set targets, we will benefit from slightly cheaper interest costs. If we fail, we will need to explain why and have higher costs.
-
Engaginging our stakeholders
At Urenco we listen, engage and partner with our stakeholders through open and honest dialogues to continue our services and further our sustainability efforts.
Our stakeholder engagement policy is a core aspect of our commitment to good governance, which enables us to educate our stakeholders about our operations and our industry and also to understand specific issues and concerns.
We engage with our stakeholders in various ways throughout the year including investor presentations, physical and virtual tours of our enrichment facilities, press releases, conferences and local community events.
Find out more about our stakeholder engagement here.
Slide/scroll to view table results
Focus Area
Strategic objective
Annual KPI
* Add in clarification for underrepresented groups