Gem Diamonds Limited, headquartered in Great Britain, is a prominent player in the diamond mining industry, renowned for its exceptional quality diamonds. Founded in 2007, the company has established a strong operational presence in Lesotho and Botswana, focusing on the exploration, mining, and sale of high-value diamonds. Specialising in the extraction of large, high-quality diamonds, Gem Diamonds is particularly noted for its flagship asset, the Letšeng mine, which is celebrated for producing some of the world's largest and most valuable diamonds. The company’s commitment to sustainable practices and ethical sourcing further distinguishes it in the competitive landscape. With a reputation for excellence, Gem Diamonds has achieved significant milestones, including the recovery of several notable diamonds, solidifying its position as a leader in the luxury diamond market.
How does Gem Diamonds'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 Other 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.
Gem Diamonds's score of 39 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Gem Diamonds reported total carbon emissions of approximately 110,198,000 kg CO2e. This figure includes 46,964,000 kg CO2e from Scope 1 emissions, 49,975,000 kg CO2e from Scope 2 emissions, and 13,259,000 kg CO2e from Scope 3 emissions. The combined Scope 1 and 2 emissions amounted to about 96,939,000 kg CO2e. Comparatively, in 2022, the company recorded total emissions of about 71,393,000 kg CO2e, with Scope 1 at 27,283,000 kg CO2e and Scope 2 at 32,287,000 kg CO2e. This indicates a significant increase in emissions year-on-year. Gem Diamonds has set ambitious climate commitments, aiming for a 30% reduction in Scope 1 and 2 emissions by 2030, using 2021 as the baseline year. Additionally, the company is targeting near-zero emissions for both Scope 1 and Scope 2 by the middle of the decade (2025). These commitments reflect a proactive approach to addressing climate change and reducing their carbon footprint. The company’s emissions data is not cascaded from any parent organization, and all reported figures are derived directly from Gem Diamonds Limited.
Access structured emissions data, company-specific emission factors, and source documents
2016 | 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
Scope 1 | 100,969,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 68,306,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Gem Diamonds is not participating in any of the initiatives that 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.