Company Directory - Cameco Corporation
Company Details - Cameco Corporation
Cameco Corporation
WebsiteSaskatoon, Canada
ISIN: CA1250871087
Cameco Corporation is one of the world’s largest providers of uranium, playing a key role in generating clean, reliable baseload electricity. The company engages in uranium mining, refining, and fuel services, operating in Canada, Kazakhstan, Germany, Australia, and the United States.
CCI Score
CCI Score: Cameco Corporation
26.25
-0.01%
Latest Event
Cameco Corporation Faces Scrutiny Over Lobbying and Revolving Door Practices
Cameco Corporation, one of the world’s largest uranium providers, is drawing attention for its $360,000 lobbying spend in the 2024 cycle and a revolving door phenomenon where several lobbyists have previously held government positions. These practices raise concerns from a left-leaning perspective about the undue corporate influence in U.S. politics and potential complicity in bolstering authoritarian dynamics.
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DISSENTER
Cameco Corporation is currently rated as a Dissenter.
Latest Events
- FEB192025
Cameco Corporation, one of the world’s largest uranium providers, is drawing attention for its $360,000 lobbying spend in the 2024 cycle and a revolving door phenomenon where several lobbyists have previously held government positions. These practices raise concerns from a left-leaning perspective about the undue corporate influence in U.S. politics and potential complicity in bolstering authoritarian dynamics.
-50
Political Contributions and Lobbying Efforts
March 24
Cameco Corporation, despite not making direct political contributions in the 2024 cycle, spent $360,000 on lobbying. This financial engagement, alongside evidence of revolving door practices, underscores a troubling pattern whereby corporate interests may unduly influence political processes. Such actions support authoritarian policies by prioritizing corporate gains over democratic integrity.
-40
Executive Political Engagement
March 24
The revolving door phenomenon is evident as multiple Cameco Corp lobbyists are former government officials. This blurring of lines between public service and corporate advocacy undermines democratic accountability and increases the risk of policies that favor corporate interests, potentially enabling authoritarian tendencies.
- NOV152024
In a recent filing under the Lobbying Disclosure Act, it was revealed that Cameco Corporation spent $30,000 on lobbying efforts during Q4 2024. The lobbying focused on issues related to nuclear energy, uranium legislation, and policies concerning critical minerals and energy security. While the amount is relatively modest, the activity reflects the company’s attempt to sway federal policy on nuclear and energy security matters, raising concerns over corporate influence in shaping policy in ways that may benefit authoritarian practices.
-20
Political Contributions and Lobbying Efforts
March 24
Cameco Corporation's disclosed $30,000 lobbying expenditure underscores a willingness to influence policy on nuclear energy and uranium issues. From an anti-fascist perspective, any corporate lobbying activity that seeks to shape public policy is troubling. Although the monetary figure is modest, engaging in lobbying on contentious issues such as nuclear energy policy and critical minerals can indirectly support an environment where corporate interests are prioritized over public welfare, contributing to authoritarian practices.
Lobbying Update: $30,000 of CAMECO CORPORATION lobbying was just disclosed
- OCT012024
In Q4 2024, Cameco Corporation spent $70,000 on lobbying activities focused on nuclear policy, including efforts related to H.R. 1086, the Prohibiting Russian Uranium Import Act, and S. 452, the Nuclear Fuel Security Act. This lobbying activity demonstrates the company's active involvement in shaping policy discussions that could favor corporate interests over democratic accountability.
-20
Political Contributions and Lobbying Efforts
March 24
Cameco Corporation's disclosure of a $70,000 lobbying expenditure in Q4 2024, aimed at influencing key nuclear policy discussions, highlights a troubling pattern of corporate political engagement. By attempting to shape legislation through targeted lobbying, Cameco risk prioritizing its commercial interests over public oversight and democratic processes, which can contribute to an authoritarian tilt in policymaking.
Lobbying Update: $70,000 of CAMECO CORPORATION lobbying was just disclosed
- MAR152024
Cameco Corporation released its 2023 Modern Slavery Report detailing its robust risk management approach, supplier ethics, and labor practices in compliance with the Fighting Against Forced Labour and Child Labour in Supply Chains Act. The report outlines the company’s commitment to protecting human rights, ensuring safe labor conditions, and rigorous supplier screening to mitigate risks of forced and child labor.
+80
Labor Relations and Human Rights Practices
March 24
The report demonstrates Cameco’s proactive approach to labor relations and human rights practices by instituting comprehensive training programs, a strong Code of Conduct, and ongoing risk assessments. Their measures to ensure a safe work environment free of harassment and discrimination contribute positively to their ethical labor practices.
+80
Supply Chain Ethics
March 24
Cameco’s report outlines rigorous supply chain management practices including a strict Supplier Code of Conduct and ethical sourcing policies. Their proactive measures to avoid engagement with suppliers in high-risk regions further reinforce their commitment to supply chain ethics.
- DEC312023
Cameco Corporation’s 2023 Modern Slavery Report details its robust commitment to ethical labor practices and supply chain management. The report highlights policies that prohibit forced and child labor, enforce a strict Supplier Code of Conduct, and provide regular training on human rights and workplace safety. These actions indicate a strong, proactive approach to upholding human rights and ensuring supply chain integrity, countering narratives that could align with repressive or authoritarian business practices.
+80
Labor Relations and Human Rights Practices
March 24
The report extensively details Cameco's commitment to labor rights through comprehensive human rights policies, mandatory employee ethics training, and strong supplier oversight. These practices illustrate a positive effort in safeguarding worker rights and mitigating risks of forced or child labor, which stands in opposition to exploitative labor practices often linked to authoritarian agendas.
+80
Supply Chain Ethics
March 24
Cameco’s Modern Slavery Report demonstrates a rigorous approach to supply chain ethics. Through strict supplier pre-qualification, ongoing risk assessments, and adherence to both domestic and international human rights standards, the company minimizes risks associated with forced and child labor. This commitment strengthens ethical sourcing practices, distancing Cameco from the exploitative supply chain models that can indirectly support authoritarian regimes.
- SEP122023
Cameco Corporation reached a tentative deal with the United Steelworkers union to end a nearly two-week lockout at its Canadian uranium mine, marking a positive development in labor relations and improved worker rights.
+70
Labor Relations and Human Rights Practices
March 24
The resolution of the lockout through a tentative deal with the United Steelworkers represents a significant, positive shift in labor practices at Cameco. Despite earlier actions that marginalized union workers by initiating a lockout, the successful negotiations indicate a move toward respecting fair labor standards and union rights. This improvement in labor relations helps counter narratives that associate corporate labor practices with authoritarian exploitation.
- DEC212021
A decisive union vote among contract workers at Cameco's Cigar Lake operation signals strong labor rights support and progressive workplace practices, reinforcing the company’s commitment to positive labor relations.
+90
Labor Relations and Human Rights Practices
March 24
The successful union vote for contract workers indicates that workers are empowered and able to secure representation. This vote demonstrates commitment to upholding labor rights and fair labor practices, aligning with anti-fascist values by countering authoritarian labor suppression. Cameco’s positive relationship with unions, as evidenced by previous unionized operations, underlines a progressive labor strategy.
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Industries
- 213113
- Support Activities for Coal Mining
- 213114
- Support Activities for Metal Mining
- 213115
- Support Activities for Nonmetallic Minerals (except Fuels) Mining
- 212291
- Uranium-Radium-Vanadium Ore Mining