Gem Diamonds
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Gem Diamonds's score of 39 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Gem Diamonds's reported carbon emissions
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 totalled about 96,939,000 kg CO2e. Comparatively, in 2022, the company emitted approximately 71,393,000 kg CO2e, with Scope 1 emissions at 27,283,000 kg CO2e and Scope 2 emissions at 32,287,000 kg CO2e. This indicates a significant increase in emissions from 2022 to 2023. 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. This commitment was reaffirmed in early 2023. Additionally, the company aims to reduce its Scope 2 emissions to near zero by the middle of this decade. The company’s emissions data is not cascaded from any parent organization, and all reported figures are derived directly from Gem Diamonds Limited. The organisation is actively working towards its climate goals, demonstrating a commitment to sustainability within the diamond mining industry.
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| 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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
