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Gem Diamonds Limited (often referred to simply as Gem Diamonds) is a distinguished international diamond mining company, headquartered in Great Britain. Established in 2005, Gem Diamonds quickly rose to prominence, specialising in the extraction and sale of large, high-quality rough diamonds from its key operations in Lesotho and Botswana.
The company's flagship asset, the Letseng Mine in Lesotho, is globally renowned for consistently recovering exceptional, top-colour and top-clarity diamonds, including numerous stones over 100 carats. Gem Diamonds' focus on these rare, high-value luxury diamonds positions it uniquely within the industry, underpinned by a commitment to responsible mining practices and ethical sourcing.
+31 vs industry average
Gem Diamonds’s score of 56 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Other Services has typical carbon intensity
The Other Services industry has reduced its overall emissions by 37% since 2018
Scope 3 accounts for ••• of total emissions.
Gem Diamonds, headquartered in GB, reported total emissions of approximately 50,717,000 kg CO2e for 2025. This includes 14,923,000 kg CO2e from Scope 1, 31,243,000 kg CO2e from Scope 2, and 4,551,000 kg CO2e from Scope 3.
Looking back, the company's total emissions were approximately 52,283,000 kg CO2e in 2024, comprising 17,601,000 kg CO2e for Scope 1, 29,270,000 kg CO2e for Scope 2, and 5,412,000 kg CO2e for Scope 3. In 2023, total emissions were around 110,198,000 kg CO2e, with 46,964,000 kg CO2e from Scope 1, 49,975,000 kg CO2e from Scope 2, and 13,259,000 kg CO2e from Scope 3.
Gem Diamonds is committed to climate action with several reduction targets. In early 2023, the Group pledged to achieve a 30% reduction in its Scope 1 emissions by 2030, using 2021 as the baseline. Similarly, a 30% reduction target for Scope 2 emissions by 2030, with a 2021 baseline, has also been set. Additionally, there are earlier commitments to reduce Scope 1 and Scope 2 emissions by 30% by 2030, using a 2020 baseline. The company also aims to reduce its Scope 1 emissions to near zero by the middle of this decade (2023-2025) and its Scope 2 emissions to near zero within the same timeframe.
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2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
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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No scope 3 category breakdown has been disclosed yet.
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