Urenco Annual Report 2022

31 Urenco Annual report and accounts 2022 Case Study COP27: New nuclear and the key role of the supply chain The aimwas to create conversations between government and industry on the complementary role of nuclear power and renewables in the transition towards a net zero future, and how international cooperation is needed to enable this, to progress advances in technology, financing mechanisms, and global policy frameworks. We spoke about simplified policy and regulation frameworks to accelerate the adoption of SMRs and AMRs around the world. We also attended theWorld Nuclear Association’s COP27 event “Beyond COP27, nuclear’s contribution to net zero”, where we advised that cross industry and cross sector collaboration was needed to allow us to collectively move forward. This included initiatives which could help provide solutions, such as the use of low carbon concrete and ‘green’ steel in our new buildings. We also met the UKMinister of State for Energy and Climate, Graham Stuart, where we highlighted nuclear’s critical role in achieving net zero goals and how we can work closer with Government to help do so. In November, a Urenco delegation attended COP27 to help promote nuclear’s role in the drive to net zero. Strategic report 01 Take urgent action to combat climate change and its impacts. Strengthen the means of implementation and revitalize the global partnership for sustainable development. Ensure access to affordable, reliable, sustainable and modern energy for all. UN Sustainable Development Goals