Orano - Annual Activity Report 2025 164 4 SUSTAINABILITY STATEMENT Environmental information Processing and use of sold products: the sold products are considered as follows: use by utility customers of natural uranium produced by Orano or acquired through its investments, assessed on the basis of the “Operation” item of the EDF LCA, sale of chemicals by the Mining and Chemistry-Enrichment Business Unit assessed on the basis of revenue and the monetary chemical emission factor, sale of packaging by the Nuclear Casks and Services Business Unit assessed on the basis of revenue and the Transport service monetary emission factor. Concerning the use of uranium materials, the data were introduced retroactively for the years 2019 to 2021 on the basis of the average production over the period so as not to introduce non-significant changes in the item. Sales in 2025 are similar to the average for previous years. End of life treatment of sold products: this item was assessed in 2022 for the first time. The sold products are considered to be uranium materials produced and acquired through investments, sold to the group’s customers for the purpose of nuclear power generation. The end of life is assessed according to three scenarios: final storage of waste from customers with a treatment-recycling strategy who use Orano’s services for this purpose; treatment-recycling and final storage of waste from customers with a treatment-recycling strategy who do not use Orano’s services for this purpose; and manufacture of packaging for customers with a dry storage strategy. The impact for treatment-recycling strategies was estimated based on EDF LCA information, and the impact of the dry storage strategy was estimated based on Orano data (as a manufacturer of packaging for dry storage). The end-of-life of sold chemical products is considered to have already been recorded under “Processing and use of sold products”. Upstream energy: GHG emissions were reported and calculated based on ad hoc energy consumption and emission factors from the sources cited above. Is used to calculate the “upstream and losses” portion of the average electricity mix emission factor. Upstream transport: this item includes cargo emissions of chemicals and gases used at the Orano sites, carried out by service providers outside the group (emissions of the internal carrier LMC are included in scope 1). It is assessed on the basis of metric tonnages, average distances with the main manufacturing sites and by type of transport (air, road, rail, maritime) or on the basis of monetary data associated with the transport purchasing segment (air transport, maritime transport, conventional transport, etc.). Downstream freight: this item includes emissions associated with the transport of uranium materials produced and chemicals sold. The main contributor is the Nuclear Casks and Services Business Unit, which arranges transport for the group. Without physical data, transport expenses are recorded under the NPS purchasing segment “Transport of nuclear materials”. Home-work travel: this item is assessed in physical terms on the basis of own workers (FTE), the means of transport used and the average distances estimated on the basis of the mobility master plans when existing and average data in France where existing Business travel: this item is valued on a monetary basis on the basis of employee expenses for assignments resulting from the expense report system (train, air, taxi). It also includes the travel of visitors and customers within the meaning of the ADEMEBEGES v5 methodology. Investment: this item includes the share of Orano, pro rata to its interest, of a subsidiary of the group accounted for under the equity method without operational control. The emissions associated with earmarked assets of the group to cover end-of-lifecycle provisions are not included, in accordance with the rules of the GHG protocol. Waste: this item is valued on the basis of the physical quantities of conventional and radioactive waste processed externally. It also includes multi-annual services related to waste, recognized in the year of the order, leading to significant changes between years. GHG removals and GHG mitigation projects financed through carbon credits Orano has not purchased or financed carbon credits to date. The contribution of the group’s competencies to CO2 capture is one of the initiatives carried out by the Innovation Department (see Section 4.2.5.2 for more details). The group invested in Team for the Planet at the end of 2022. As such, in 2025, 590 tCO2e in Climate Dividends were awarded by the Climate Dividends association for the year 2024. Internal carbon pricing An internal carbon price was introduced in 2021 in the assessment of investments. An update was made in 2025 to 100 euros/tCO2e avoided, between the market price and the “value of climate action”. A user guide was distributed to project teams in 2025. 4.2.1.5 Anticipating and adapting to climate change Climate change adaptation policy and actions The HSE policy for 2024-2026 via its “priority 2: building a sustainable future” provides for the implementation of climate adaptation plans at the level of the entities, the revision of the continuity plans of our activities, and the integration of climate projections in the basic data of our projects. In 2024, the group defined the content of its climate change adaptation program called Darwin. This was presented and approved by the executive committee. The monitoring of the HSE policy is the responsibility of the Health – Safety and Environment (HSE) Director, member of the executive committee. The climate change adaptation program is structured around four areas of work: ● structuring of reflection: identification of the various topics to be addressed, and prioritization of the issues according to three areas (industrial facilities, natural environment and socioeconomic environment);
RkJQdWJsaXNoZXIy NzMxNTcx