Fred Dermarkar

This report details Énergie Atomique du Canada Limitée's (EACL) Environmental, Social, and Governance (ESG) strategy and its progress from April 2024 to March 2025. The strategy is guided by five strategic differentiators: decarbonization, science and technology, radioactive waste management and decommissioning, nuclear medicine, and community engagement and development. These are supported by core expectations including climate resilience, environmental management, sustainable procurement, health and safety, diversity, equity and inclusion, talent attraction, reconciliation with Indigenous peoples, robust governance, oversight of Canadian Nuclear Laboratories (LNC), enterprise risk management, and cybersecurity. The overall aim is to promote nuclear innovation, ensure environmental stewardship, and improve the quality of life for Canadians.

This report outlines Atomic Energy of Canada Limited's (AECL) commitment to integrating Environmental, Social, and Governance (ESG) principles to foster a sustainable future for Canada and globally. The strategy is driven by five strategic differentiators: decarbonization, science and technology, radioactive waste management and decommissioning, nuclear medicine, and community engagement and development. These are supported by baseline expectations focusing on climate resilience, environmental management, sustainable procurement, health and safety, diversity, equity and inclusion, employee attraction, and advancing Indigenous reconciliation. The plan aims to drive nuclear innovation, deliver clean energy technologies, and improve the quality of life for Canadians.

This 2025 Environmental, Social, and Governance (ESG) Report for Énergie atomique du Canada limitée (EACL) details progress from April 2024 to March 2025. It is guided by a mission to promote nuclear innovation for clean energy and improve the quality of life for Canadians, while caring for the land. The strategic direction is built upon key pillars including decarbonization, advancing science and technology, managing radioactive waste and decommissioning, fostering nuclear medicine, and strengthening community engagement. It emphasizes climate resilience, environmental management, sustainable procurement, health and safety, diversity and inclusion, employee attraction, and reconciliation with Indigenous peoples, all supported by robust governance and risk management.

The 2025 Environmental, Social and Governance (ESG) Report details Atomic Energy of Canada Limited's (AECL) ESG strategy and its progress during the fiscal year April 2024 to March 2025. The strategy is structured around five strategic differentiators—decarbonization, science and technology, radioactive waste management and decommissioning, nuclear medicine, and community engagement and development—and supported by eight baseline expectations. It aims to integrate ESG principles, drive nuclear innovation, protect the environment, and promote a sustainable future for Canada and the world, aligning with federal priorities and contributing to UN Sustainable Development Goals.

This annual public meeting for Atomic Energy of Canada Limited (AECL) covered various strategic areas amid a changing political landscape and new government priorities emphasizing national building and nuclear energy investment. Key discussion points included the Board Chair's perspective on the past year, CEO remarks on budget adjustments, and detailed reviews of federal nuclear science and technology plans. Topics encompassed the development of clean energy technologies, contributions to national security, major projects like the cleanup of Port Hope and campus revitalization, and the renewal of the Canadian Nuclear Laboratories contract. Significant attention was given to advancing fusion energy through reports and international cooperation, leveraging tritium science expertise, and managing intellectual property, including engagement with small reactor technologies. Furthermore, extensive discussion focused on AECL's indigenous engagement commitments, including listening, learning, sharing knowledge, and empowering nations through partnership, particularly concerning the near surface disposal facility and environmental monitoring programs in collaboration with various First Nations.