Urenco Annual Report 2022

29 Urenco Annual report and accounts 2022 Environmental footprint We have taken significant steps to reduce our environmental footprint although we are still at the beginning of a journey. In 2022, our total energy use reduced by 1.3%. Our scope 1 (direct) emissions reduced by 10.6%on 2021, but remain 18.3%higher than our 2019 baseline. Natural gas and refrigerants make up the majority of our scope 1 emissions and we are utilising the skills and expertise within Urenco to develop innovative solutions tomeet our net zero targets.Whilst our scope 2 emissions (indirect, mainly from purchased electricity) increased by 6.6% in 2022 compared to 2021, they are still 28% lower than our 2019 baseline. The 2022 scope 2 increase in emissions was due to increases in carbon intensities of electricity supplies to our sites in the Netherlands and Germany. Over the course of the next year, we will be focusing onmore elements of the net zero programme with newly appointed site net zero leads at all of our operating facilities. As such, we are taking a coordinated approach to accelerate decarbonisation across our sites. Our newly created Site Net Zero Task Force promotes the reduction of carbon emissions across all of our sites, and includes a focus on electricity usage, which accounts for almost a third of our total scope 1, 2 and 3 emissions. The Task Force consists of all recently recruited site net zero leads, the net zero programme manager and technical experts. Our electricity consumption across all four enrichment sites reduced by a further 1.2% in 2022.We have implemented a range of efficiency measures, including the installation of speed-controlledmotors to pumps and reducing output on various operational systems. Please also see our disclosure in line with the UK’s Streamlined Energy and Carbon Reporting (SECR) requirements (page 82). We are committed tomanaging our climate change impact not only within our operations, but across our value chain (scope 3 emissions). In 2022 we measured these emissions again, gaining an informed understanding of where our supply chain impact lies. Whilst our scope 3 emissions saw a substantial rise over the previous year, this was largely due to a change in methodology which has expanded the scope 3 categories that we will be reporting on. In 2023, we will be implementing this methodology change back to our baseline year, in line with the latest guidance from the SBTi. Purchased goods and services remain the largest part of our scope 3 footprint. This includes the emissions from the uranium feed that Urenco owns and procures, the equipment required in our operations and the supporting goods and services that keep our business running. To continue to take steps to improve on this, we have partnered with global sustainability ratings provider, EcoVadis, to independently assess our suppliers’ sustainability status and validate their eco- credentials to ensure we make ongoing progress in this area. EcoVadis is also positively engaging with our suppliers to help us hit our scope 3 target. Strategic report 01 Source 2019 2020 2021 2022 Scope 1 (tonnes of carbon dioxide equivalent) Biodiesel 0 tCO 2 e 2 tCO 2 e 0.12 tCO 2 e 1tCO 2 e Diesel 462 tCO 2 e 416 tCO 2 e 489 tCO 2 e 428 tCO 2 e Fuel Oil 465 tCO 2 e 286 tCO 2 e 277 tCO 2 e 364 tCO 2 e Petrol 78 tCO 2 e 82 tCO 2 e 92 tCO 2 e 85 tCO 2 e Propane 12 tCO 2 e 8 tCO 2 e 7 tCO 2 e 5.3 tCO 2 e Natural Gas 5,272 tCO 2 e 5,011 tCO 2 e 5,939 tCO 2 e 5,636 tCO 2 e Refrigerants 4664 tCO 2 e 11,326 tCO 2 e 7,696 tCO 2 e 6,439 tCO 2 e Scope 1 Total 10,953 tCO 2 e 17,131 tCO 2 e 14,500 tCO 2 e 12,959 tCO 2 e Scope 2 Electricity (Location based) 260,219 tCO 2 e 230,803 tCO 2 e 210,617 tCO 2 e 186,301 tCO 2 e Electricity (Market based) 184,614 tCO 2 e 129,245 tCO 2 e 124,787 tCO 2 e 133,044 tCO 2 e Scope 3 179,598 tCO 2 e 193,178 tCO 2 e 237,973 tCO 2 e 284,542 tCO 2 e