Skip to main content

Governance

Governance GRI Disclosures

Here are all of our governance related GRI disclosures, for more disclosures see our sustainability reporting page.

The references for our GRI disclosures can be found in either our annual report or sustainability report. You can find our annual report here, and our sustainability report here.

Slide/scroll to view table results

Disclosure

Commentary and references

Omission

GRI 201: Economic Performance 2016

103-1 Explanation of the material topic and its boundary

This topic relates to our material issue, Business, strategy and economic performance.  Boundary: Internal: All Urenco entities.
See Annual Report 2021, including pg. 36-41, 85, 101-103

103-2 The management approach and its components

Our strategy is designed to strengthen and broaden our business to ensure its long term sustainability. It is led by our Chief Executive Officer, the Executive team and overseen by the Urenco Board. Each year, we set out the organisation’s financial goals in our annual business planning process. Our Board carries ultimate responsibility for the economic performance of the company.
Annual Report 2021, pg. 36-41

103-3 Evaluation of the management approach

Annual Report 2021 pg. 52-57

201-1 Direct economic value generated and distributed

Annual Report 2021, pg. 36, 67, 106-110

We do not disclose economic value distributed at a country level.

GRI 415: Public policy

103-1 Explanation of the material topic and its boundary

This topic relates to our material issue, Political landscape.  Boundary: Internal: All Urenco entities. External: political landscape.
Sustainability Report 2021, pg. 12

103-2 The management approach and its components

Sustainability Report 2021, pg. 12

103-3 Evaluation of the management approach

The Government Affairs team provide regular reports to the Executive Committee and Board.

GRI 415: Political contributions

As stated in our Code of Conduct, Urenco does not make any donations to political parties (www.urenco.com/investors/corporate-governance/code-of-conduct). 
Annual Report 2021, pg. 67

Additional disclosure: Transportation of nuclear materials

103-1 Explanation of the material topic and its boundary

This relates to our material issue, Transport and logistics. Boundary: Internal: All Urenco entities. External: customers, feed suppliers, logistics contractors and local communities. The success of our business depends upon the safe and reliable transportation of nuclear materials. Our ability to deliver products to customers from our four enrichment facilities is vital to our 100% customer delivery record

103-2 The management approach and its components

Responsibility for the transportation of our uranic materials lies with Urenco’s Commercial department, reporting to our Chief Commercial Officer, and supply chain partners.

Sustainability Report 2021, pg. 39

103-3 Evaluation of the management approach

Sustainability Report 2021, pg. 5

Indicator: Missed deliveries

Sustanability report 2021, pg. 11

Disclosure

Commentary and references

Omission

GRI 401: Employment

103-1 Explanation of the material topic and its Boundary

This topic relates to our material issue, employee engagement.  Boundary: Internal: All Urenco entities Sustainability Report 2021, pg. 22
 

103-2 The management approach and its components

Sustainability Report 2021, pg. 22-24

103-3 Evaluation of the management approach

Sustainability Report 2021, pg. 5

401-1 New employee hires and employee turnover

    2018 2019 2020 2021

Employee turnover by location

UUK 13.4 6.1 0.5 4.8
UNL 1.4 1.8 0.7 6.9
UD 6 3.8 1.0 4.5
UCP 7.3 4.1 1.5 4.1
UUSA 7.9 7.9 1.6 15.5
UNS 13.8 8.2 1.1 12.6
HO 12.7 17.1 2.1 10.6
Employee turnover by age Under 20 0 0.0 0.0 0.3
20-29

5.8

8.1 0.9 5.9
30-39 6.5 7.0 0.4 6.4
40-49 6.3 5.9 1.1 7.4
50-59 8.7 4.5 1.0 10.2
60 and over 29.1 9.7 5.6 19.9

We do not report number and rate of new employee hires. Employee turnover by gender is omitted as it is considered sensitive to the business.

Newsletter

Sign up to our newsletter by entering your email address below.

Back to
the goals