
In terms of mitigation, the group is targeting three objectives by 2030:
1According to the international "GHG Protocol" standard, indirect emissions from electricity consumption (Scope 2) can be accounted for using two methods: (i) the location-based approach, which considers the average emissions associated with electricity production in the area where it is consumed (for example, the average energy mix in France), and (ii) the market-based approach, which considers the contractual instruments chosen by the company (such as direct purchases of renewable electricity, purchase of renewable energy certificates, etc.). The group's target focuses on Scope 1 and Scope 2 market-based emissions.
Orano takes steps to ensure energy economy and efficiency. For instance, it:
The Group reduced its emissions by 57% between 2004 and 2019. The Group has set an objective of an additional 25% reduction between 2019 and 2030, focusing its efforts in four areas:
Orano has been quantifying the carbon footprint within the value chain (known as Scope 3), since 2019. It represents 87% of the Group’s total footprint. Most of the impact is upstream of our operations, mainly from the purchase of goods and services and capital assets.
The working group leading this topic is focusing its efforts in three areas:
The group adopts a Responsible Purchasing Policy that structures its actions 170 suppliers surveyed about their decarbonization ambitions 10 SMEs supported.
Orano is fully aware of the need to adapt our activities to climate change. Since 2021, it has been assessing the risks and opportunities related to physical and transition risks, in compliance with the Task-Force on Climate-Related Financial Disclosures (TCFD) standard.
The physical risks related to climate change have been analyzed up to 2050 based on emission scenarios RCP-4.5 and RCP-8.5. The impacts identified were moderate and are being managed as part of an adaptation plan.
Scenario with very low emissions with a culminating point before 2050. This is the most optimistic scenario.
Scenario with stabilization of emissions at a low level before the end of the 21st century.
Scenario with stabilization of emissions at a medium level before the end of the 21st century.
No changes are made. GHG emissions continue to increase at the current rate. This is the most pessimistic scenario.
The nature of its activities, which enable the delivery of low-carbon, manageable, competitive and safe electricity, means that the effects of climate change are, in terms of transition, mostly opportunities for Orano. The contribution of Orano’s activities to a low-carbon world is demonstrated by the strategic directions it has taken in the past, one of which is, importantly, the climate. This commitment is evident today in its purpose, and, in practical terms, in its investment in research, development and innovation in technologies for decarbonization and resource conservation.
Orano has made the climate and the conservation of resources central to its purpose and its strategic directions.
The Group has always been involved in the circular economy, both throughout the nuclear-fuel cycle and in reprocessing spent nuclear fuels in its La Hague and Melox plants. This solution allows us to reduce the quantity and radioactivity of the waste.
The Group is exploring and developing new models in the following areas: the circular economy for rare and strategic resources; the transition and modernization of industrial models; the control of complex materials and the reduction of their impact; health ecosystems; carbon neutrality; and the reduction of the environmental footprint.