JSC Atomenergoprom Annual Report slide image

JSC Atomenergoprom Annual Report

BUSINESS STRATEGY JSC ATOMENERGOPROM / ANNUAL REPORT / 36 Sustainable products As part of product line development in the industry, special emphasis is placed on environmental and climate performance of products and projects, value creation for end users and assessment of product solutions in terms of their alignment with sustainability priorities. More specifically, in order to enhance the sustainability of the product line, in 2022, ESG reporting requirements were incorporated into product strategies and strategic programmes. The nuclear industry is one of the most knowledge-intensive and high-technology sectors. In addition to nuclear power, the Company is also developing other low-carbon products, including wind power generation, hydrogen energy technology, energy storage systems and digital solutions for the electric power industry. Nuclear technology also provides a basis for the development of solutions for nuclear medicine and isotope products, radiation processing technologies, environmental solutions, international logistics, etc. As part of its focus on increasing the share of 'green' products in its product line, JSC Atomenergoprom monitors ESG performance across its key product areas. To do so, the Company has established an internal ESG certification procedure. In 2022, more than 20 product areas underwent certification, including small NPPs, wind power, the 'smart city', nuclear medicine, etc. In 2022, product areas that underwent internal sustainability certification and had their 'green' status confirmed accounted for about 40% of total revenue from new businesses. GRI 2-6 Markets served by Atomenergoprom and value chains In the reporting year, there were no changes in the value chain, including the supply chain. Drillhole in-situ leaching Markets Value chain Products/services Mineral resource base development Mining Ore processing Natural uranium market Uranium conversion Natural uranium and enrichment service market Nuclear fuel market Conversion Enrichment Natural uranium Uranium hexafluoride, enriched uranium product Natural uranium Manufacture Nuclear Conversion Enrichment of nuclear fuel components fuel assembly Nuclear fuel Fuel fabrication assemblies components Nuclear steam generator 2.3. MARKETS SERVED BY ATOMENERGOPROM In 2022, JSC Atomenergoprom ranked: First in the world in terms of the number of NPP power units in the portfolio of foreign projects* (34 power units); First on the global uranium enrichment market (35%); Second in the world in terms of uranium production (14% of the market); Third on the global nuclear fuel market (17%). *Including the portfolio of ROSATOM. JSC Atomenergoprom's vision is to become a global technological leader. Accordingly, the Company intends not only to develop its business in traditional segments, but also to take active steps towards entering new high-technology markets as a leading research and technology company. Responsibility for the expansion of ROSATOM and JSC Atomenergoprom into new markets lies with the Director for Development and International Business of ROSATOM. One of the key priorities of the Company's business is to develop globally competitive products that are able not only to effectively replace imports, but also to become leaders on global markets. Power machine engineering market Electricity and capacity market NPP construction and maintenance market Design/ engineering Manufacture Installation Maintenance Power generation equipment Maintenance Electricity Operation Wholesale distribution Retail sales Heat NPP power units Construction (including design and pre-commissioning) Operation Maintenance Market for the decommissioning of facilities posing nuclear and radiation hazards Equipment decontamination and dismantling RAW and SNF management market Removal Transportation Processing/ conditioning Storage/burial Recycling of nuclear materials Equipment manufacture Construction and installation Wind power market Waste management market Collection and logistics Disposal Treatment NPP power unit maintenance Addressing issues related to facilities posing nuclear and radiation hazard Addressing the RAW/SNF issue Nuclear fuel components Operation Recycling Nuclear medicine Equipment Manufacture of key components Manufacture of finished products Engineering Distribution + servicing R&D Healthcare market Isotopes and radiopharma- ceuticals Target irradiation Raw isotopes Synthesis of radiophar- Distribution maceuticals BUSINESS STRATEGY JSC ATOMENERGOPROM / ANNUAL REPORT / 37
View entire presentation