De Beers
De Beers Group, a renowned name in the diamond industry, is headquartered in Great Britain and operates extensively across Africa, Canada, and Australia. Founded in 1888, the company has played a pivotal role in shaping the global diamond market, establishing itself as a leader in diamond exploration, mining, and retail. De Beers is celebrated for its unique offerings, including ethically sourced diamonds and innovative marketing strategies that have defined luxury jewellery. The company’s commitment to sustainability and responsible sourcing sets it apart in a competitive landscape. With a rich history marked by significant milestones, De Beers continues to hold a prominent market position, recognised for its quality and craftsmanship in diamond production.
DitchCarbon Score
How does De Beers's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Retail Trade Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
De Beers's score of 53 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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De Beers's reported carbon emissions
In 2023, De Beers reported total emissions of approximately 1,600,000,000 kg CO2e, with Scope 2 emissions from purchased electricity accounting for about 900,000,000 kg CO2e. This represents a significant commitment to sustainability, as the company aims to reduce its Scope 1 and 2 emissions by 42% by 2030, based on a science-based target established in 2021. In 2022, De Beers' emissions were slightly higher, totalling about 1,700,000,000 kg CO2e, with Scope 3 emissions reaching approximately 3,100,000,000 kg CO2e. The company has not disclosed specific data for Scope 1 emissions in 2023, but in previous years, these emissions were reported at around 800,000 kg CO2e in 2022 and 700,000 kg CO2e in 2021. Looking ahead, De Beers has set a long-term goal to achieve net zero emissions across all scopes (1, 2, and 3) by August 2024. This ambitious target underscores the company's commitment to addressing climate change and reducing its carbon footprint in the diamond industry.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 600 | 000 | 000 | - |
| Scope 2 | 900 | 000 | 000 | 000,000,000 |
| Scope 3 | 3,800,000,000 | 0,000,000,000 | 0,000,000,000 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
De Beers is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
