De Beers Group, a renowned name in the diamond industry, is headquartered in London, UK, with significant operations 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 key milestones, De Beers continues to hold a prominent market position, recognised for its quality and craftsmanship in diamond production and sales.
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.
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.
De Beers's score of 33 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, De Beers reported total greenhouse gas emissions of approximately 1.6 million tonnes CO2e from Scope 1 and 2 sources, with an additional 900 million tonnes CO2e attributed to purchased electricity (Scope 2). The company has made significant commitments to reduce its carbon footprint, aiming for a 42% reduction in absolute Scope 1 and 2 emissions by 2030, using 2021 as the baseline year. Additionally, De Beers plans to cut its Scope 3 emissions by 25% within the same timeframe. In previous years, emissions were recorded at about 1.5 million tonnes CO2e in 2021 and 1.7 million tonnes CO2e in 2022, indicating a focus on improving sustainability practices. The company’s targets align with the Science Based Targets initiative (SBTi) and are designed to support global efforts to limit warming to 1.5°C. De Beers is committed to achieving these reductions as part of its long-term strategy towards net-zero emissions by 2050.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | - | - | - | - |
Scope 2 | 900,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | 3,800,000,000 | 0,000,000,000 | 0,000,000,000 | - |
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 committed to some reduction initiatives 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.