Our Vision
The International Energy Agency’s World Energy Outlook (Stated Policies Scenario), projects global electricity demand to increase by about 95% from 2023 to 2050. At the same time, air pollution and climate change are driving the shift to zero-emission electricity sources. At Cameco, we’re poised to be an important part of the solution as the world transitions to carbon-free electricity.
As the world begins its transition to decarbonize electricity, we have a huge role to play.
There will be no transition to nuclear power in many countries if we don't provide the fuel for it.
The world is counting on us to do that... and that is what we plan to do.— Tim Gitzel, Cameco's president and CEO
A strategy to achieve our vision
Our uranium and fuel services products are used around the world in the generation of safe, carbon-free, affordable, base-load nuclear energy. As we seek to energize a clean-air world, we will do so in a manner that reflects our values. We are committed to identifying and addressing the environmental, social and governance (ESG) risks and opportunities that we believe may have a significant impact on our ability to add long-term value.
We are a pure-play investment in the growing demand for nuclear energy. We are focused on providing nuclear fuel products and services across the fuel cycle to support the generation of clean, reliable, secure and affordable energy. Nuclear energy must be a central part of the solution to the world’s shift to a low-carbon, climate resilient economy. It is an option that can provide the power needed, not only reliably, but also safely and affordably, and in a way that will help avoid some of the worst consequences of climate change.