Orano - Annual Activity Report 2024 148 4 SUSTAINABILITY STATEMENT Environmental information DESCRIPTION OF ACTIONS TO MITIGATE TRANSITION RISKS AND CAPTURE OPPORTUNITIES Issue Identified actions Policies ● Maintain an exemplary industrial role and the sector’s relations with States ● Strengthen security at international sites in countries most affected by global warming ● Diversify supply sources Market ● Prepare the need to renew and extend the group’s mining capacities Reputation ● Intensify the education of the general public on the benefits of the solution provided by the nuclear industry ● Continue the transition to ISR mining techniques, which have the advantage of producing very little waste or residues ● Promote the group’s commitment as a responsible player Technology ● Maintain investments in R&D and innovation to complete ongoing development projects (e.g., waste transmutation) ● Maintain a strategic watch on the sectors driving the transition and invest today in many new technologies with business synergies (e.g., batteries) ● Maintain a watch on strategic supplies Regulations and legal ● Anticipate discussions with the safety authority regarding the challenges of certain regulatory decisions ● Maintain a balance between the need for technical challenge and innovation support Thus, Orano is preparing to anticipate market needs and, more broadly, to participate in the structuring of the nuclear industry to contribute to a low-carbon world. Assumptions underlying the analysis Transition risks are assessed against IEA scenarios. Physical risks are assessed taking into account the relevant hazards of AR 11 of ESRS E1. They were analyzed on the basis of the RCP-4.5 and RCP-8.5 emission scenarios, up to 2050 and beyond. HAZARDS TAKEN INTO ACCOUNT IN THE PHYSICAL RISK ANALYSIS Hazards taken into account in the physical risk analysis Incidents not relevant to Orano Chronic Acute Temperaturerelated ● Changing temperature (air, freshwater, marine water) ● Heat stress ● Temperature variability ● Heatwave and extreme heat wave ● Cold wave/frost ● Wildfire Permafrost thawing Wind-related ● Changing wind patterns ● Cyclones, hurricanes, typhoons ● Storms (including blizzards, dust, and sandstorms) ● Tornado Water-related ● Changing precipitation patterns and types (rain, hail, snow/ice) ● Precipitation or hydrological variability ● Saline intrusion ● Sea level rise ● Water stress ● Drought ● Heavy precipitation (rain, hail, snow/ice) ● Flood (coastal, fluvial, pluvial, ground water) ● Marine submersion Marine heat waves Ocean acidification Glacial lake outburst Solid massrelated hazards ● Coastal erosion ● Soil erosion ● Solifluction ● Landslide ● Subsidence RGA Avalanche Soil degradation
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