Scope and Boundary

Scope

This online report tells you about our sustainability and corporate responsibility practices and performance since we last reported in 2014. Cameco is committed to publishing a sustainable development report (in print or online) every two years as outlined in our company’s Corporate Social Responsibility policy.

You can download a full or partial copy of our sustainable development report, or our Executive Summary.

Unless we indicate otherwise, we have prepared this report as of July 26, 2016, and have not updated it.

Boundary

This report focuses on performance at all Cameco-owned global uranium mining and milling operations, and our refining, conversion and fuel manufacturing operations. It does not include assessment of the performance of associated companies or non-operated joint ventures.

We collect quantitative data for all in-scope operations, except where the indicator is for a specific operation or geographic region (like public support polling) or where data is not yet available for an operation or region. Most data is collected by calendar year.

Issue Boundary within organization Boundary outside organization
Health & safety All None
Public safety All Communities – indigenous, Communities – non-indigenous
Employee relations All Communities – indigenous, Communities – non-indigenous
Regulatory compliance and government relations All Government, Regulators
Financial profitability and long-term viability All Investors
Transparency, disclosure and communication All Investors, Government
Security of materials All except Australia Government, Regulators
Water discharge All except corporate and NUKEM Regulators, Government, Communities – indigenous, Communities – non-indigenous
Tailings and waste rock Northern Saskatchewan, U.S. and Kazakhstan operations Regulators, Government, Communities – indigenous, Communities – non-indigenous
Reclamation and closure All except corporate, exploration and NUKEM Regulators, Government, Communities – indigenous, Communities – non-indigenous
Biodiversity, land and resource management All except corporate, exploration and NUKEM Regulators, Government, Communities – indigenous, Communities – non-indigenous
Indigenous relations All except Inkai, corporate and NUKEM Communities – indigenous, Government
Community development All except NUKEM Communities – indigenous, Communities – non-indigenous
Stakeholder engagement All except NUKEM Communities – indigenous, Communities – non-indigenous, Government, Regulators
Local economic impact All except NUKEM Communities – indigenous, Communities – non-indigenous

Limits to Our Current Reporting

While we have attempted to create a report that touches all aspects of our company, certain parts of our operations are not reported on for every indicator. For each GRI indicator, we have tried to be as specific as possible about which aspects are included and which are not.

Caution About Forward-Looking Information

Statements contained in this report include statements and information about our expectations for the future. When we discuss our strategy, plans and future financial and operating performance, or other things that have not yet taken place, we are making statements considered to be forward-looking information or forward-looking statements under Canadian and US securities laws. These include our statements about the future of nuclear energy and the demand for uranium. They also include other statements using other words such as plan, expect, anticipate, goal, outlook, ensure, could and will. They represent our current views as of July 26, 2016 and can change significantly.

Forward-looking information is designed to help you understand management’s current views of our near and longer-term prospects, and it may not be appropriate for other purposes. We will not necessarily update this information unless we are required to by securities laws. Actual results and events may be significantly different from what we currently expect, because of the risks associated with our business. This information is based upon a number of material assumptions, which may prove to be incorrect, and is subject to a number of material risks, which are discussed in our current annual management discussion and analysis, including under the heading Caution about Forward-Looking Information.

In particular, we have made assumptions about the future of nuclear energy and the demand for uranium. The material risks that would cause actual results to differ include our assumptions are incorrect and the risk there are changes in the regulation or public perception of the safety of nuclear power, which adversely affect the demand for uranium and future prospects for nuclear energy.

Qualified persons

The technical and scientific information discussed in this report for McArthur River/Key Lake and Cigar Lake, both material properties for Cameco, was approved by the following individuals who are qualified persons for the purpose of NI 43-101:

McArthur River/Key Lake

  • David Bronkhorst, vice president, mining and technology, Cameco

Cigar Lake

  • C. Scott Bishop, manager, technical services, Cameco

Contact

If you have questions about this report, please contact us at the following e-mail address: sustainabledevelopment@cameco.com