De Beers Group, a renowned leader 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, with significant milestones including the establishment of the Diamond Trading Company and the launch of the Forevermark brand.
Specialising in diamond exploration, mining, and retail, De Beers is distinguished by its commitment to ethical sourcing and sustainability. The company’s core offerings include rough diamonds, polished diamonds, and luxury jewellery, all characterised by exceptional quality and craftsmanship. As a market leader, De Beers Group is celebrated for its innovative marketing strategies and its influential role in promoting the desirability of diamonds worldwide.
+14 vs industry average
De Beers Group’s score of 46 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Business Services has below-average carbon intensity
Industry performance
The Business Services industry has increased its overall emissions by 24% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
De Beers Group's reported carbon emissions
In 2023, De Beers Group reported total emissions of approximately 1.6 billion kg CO2e, with Scope 2 emissions from purchased electricity accounting for 900 million kg CO2e. The company has not disclosed Scope 1 emissions data for this year. In 2022, their total emissions were about 1.7 billion kg CO2e, with Scope 3 emissions contributing approximately 3.1 billion kg CO2e, indicating a significant reliance on upstream activities.
De Beers has set ambitious climate commitments, aiming to achieve a 42% reduction in Scope 1 and 2 emissions by 2030, as part of their science-based targets. Additionally, they plan to establish a long-term target to reach net zero emissions across all scopes by August 2024. These initiatives reflect De Beers' commitment to sustainability and responsible environmental stewardship within the diamond industry.
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De Beers Group’s Climate Goals (2030 & 2050)
3 goals2030
42% reduction in Scope 2
We aim to achieve our science-based target to reduce Scope 1 and 2 emissions by 42 per cent by 2030.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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De Beers Group
Frequently asked questions
Common questions about De Beers Group’s sustainability data and climate commitments
Data year: 2023
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