De Beers Group Sustainability Profile
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.
DitchCarbon Score
How does De Beers Group'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 Business 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 Group's score of 53 is higher than 73% 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 Group's reported carbon emissions
In 2023, De Beers Group reported total emissions of approximately 1.6 billion kg CO2e, comprising 900 million kg CO2e from Scope 2 emissions related to purchased electricity. The previous year, 2022, saw total emissions of about 1.7 billion kg CO2e, with Scope 3 emissions contributing approximately 3.1 billion kg CO2e. In 2021, total emissions were around 1.6 billion kg CO2e, with Scope 3 emissions at about 2.9 billion kg CO2e. De Beers has set ambitious climate commitments, aiming to achieve a 42% reduction in Scope 1 and 2 emissions by 2030, with a long-term target to reach net zero across all scopes by August 2024. These targets reflect the company's commitment to sustainability and align with industry standards for climate action. The emissions data is not cascaded from any parent organization, indicating that De Beers Group independently reports its emissions and climate initiatives.
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| 2020 | 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 | - |
How Carbon Intensive is De Beers Group's Industry?
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De Beers Group's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
De Beers Group has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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