De Beers SA Sustainability Profile
De Beers SA, a leading name in the diamond industry, is headquartered in Luxembourg (LU) and operates extensively across Africa, Canada, and Australia. Founded in 1888, the company has played a pivotal role in shaping the global diamond market, known for its commitment to ethical sourcing and sustainability. Specialising in diamond exploration, mining, and retail, De Beers offers a unique portfolio of products, including high-quality diamonds and innovative jewellery designs. The brand is synonymous with luxury and craftsmanship, setting industry standards with its iconic "A Diamond is Forever" campaign. With a strong market position, De Beers has achieved numerous accolades, reinforcing its reputation as a trusted leader in the diamond sector. The company's dedication to responsible practices and community development further distinguishes it in a competitive landscape.
DitchCarbon Score
How does De Beers SA'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 SA's score of 55 is higher than 74% 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 SA's reported carbon emissions
In 2023, De Beers SA reported total carbon emissions of approximately 1,600,000,000 kg CO2e, with 900,000,000 kg CO2e attributed to Scope 2 emissions from purchased electricity. The company has set ambitious climate commitments, aiming to achieve carbon neutrality in its operations (Scope 1 and 2) by 2030. This commitment includes a target to reduce energy intensity by 30% from a 2016 baseline by the same year. In 2022, De Beers' emissions were about 1,700,000,000 kg CO2e, with Scope 3 emissions contributing approximately 3,100,000,000 kg CO2e. The previous year, 2021, saw similar figures, with total emissions of around 1,600,000,000 kg CO2e and Scope 3 emissions at about 2,900,000,000 kg CO2e. The company has consistently reported significant Scope 2 emissions, primarily from electricity usage. De Beers SA's emissions data is cascaded from its parent company, Anglo American plc, which influences its sustainability initiatives. The company is focused on reducing its carbon footprint and enhancing its sustainability practices within the diamond industry.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 900,000,000 | 000,000,000 | - | - | - | - |
| Scope 2 | 1,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | - |
How Carbon Intensive is De Beers SA's Industry?
How Carbon Intensive is De Beers SA's Location?
De Beers SA'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 SA 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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