Climate Change Data

UVRE LIMITED AND ITS CONTROLLED ENTITIES

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Environmental regulation
  • Climate risk

Environmental Achievements

  • Reclamation and seeding for areas disturbed during drilling at East Canyon project

Climate Goals & Targets

Environmental Challenges

  • Additional requirements for capital
  • Exploration and operating risks (early-stage exploration)
  • Title to properties
  • Exploration permits
  • Renewal of claims
  • Overseas business activities and country risk
  • Environmental risks and liabilities
  • Climate risk (regulatory changes and physical risks)
  • Uranium price volatility and exchange rate risks
  • Regulatory compliance
  • Mine development risks
Mitigation Strategies
  • Continuous monitoring of forecast and actual cash flows
  • Robust contracts with third parties
  • Country risk management system
  • Mechanism to counter legal risk
  • Highest standard of environmental care
  • Managing climate change risks and limiting impacts
  • Ongoing consideration of stakeholder interests in mine development
  • Ensuring substantial compliance with laws and regulations

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks
  • Increased severity of weather patterns
  • Extreme weather events
  • Shifting climate patterns
Transition Risks
  • New or expanded regulations
  • Market changes related to climate change mitigation
  • Changes to compliance regulations
  • Taxation or penalties for carbon emissions