Cameco Corp 2023 AR2

The report highlights Cameco's strategic progress in 2023, including the landmark acquisition of a 49% interest in Westinghouse Electric Company to expand its reach across the nuclear fuel cycle. Financially, the company experienced a strong year with revenue increasing by 39% to $2,588 million and net earnings rising to $361 million. Operationally, Cameco continued to ramp up its tier-one assets, producing 17.6 million pounds of uranium, and advanced its Low Carbon Transition Plan by setting a target to reduce Scope 1 and 2 emissions by 30% by 2030. Additionally, the company secured a major supply agreement to meet Ukraine's nuclear fuel needs through 2035.

Company: Cameco Corp

Sector: Materials

Country: Canada

Year: 2023

Type: AR2

Pages: 178

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Cameco Corp

Cameco Corp 2023 Annual Report

Annual Report

The report highlights Cameco's strategic progress in 2023, including the landmark acquisition of a 49% interest in Westinghouse Electric Company to expand its reach across the nuclear fuel cycle. Financially, the company experienced a strong year with revenue increasing by 39% to $2,588 million and net earnings rising to $361 million. Operationally, Cameco continued to ramp up its tier-one assets, producing 17.6 million pounds of uranium, and advanced its Low Carbon Transition Plan by setting a target to reduce Scope 1 and 2 emissions by 30% by 2030. Additionally, the company secured a major supply agreement to meet Ukraine's nuclear fuel needs through 2035.

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Document Details

Report Year

2023

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

Published

Feb 8, 2024

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Assurance

Assurance Provider

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

No data available