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 35 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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. Over the years, the company has shown a trend of decreasing emissions, with a notable reduction from 135,695,000 kg CO2e in 2020 to the latest figure in 2023. The emissions data from previous years indicates a significant reduction in total emissions, from about 172,968,000 kg CO2e in 2019 to 153,863,000 kg CO2e in 2021, and further down to 112,827,000 kg CO2e in 2022. This demonstrates Gem Diamonds' commitment to improving its carbon footprint. Despite the positive trend, there are currently no specific reduction targets or climate pledges disclosed by Gem Diamonds. The company has not outlined any initiatives under the Science Based Targets initiative (SBTi) or other formal reduction commitments. However, the ongoing reduction in emissions suggests a proactive approach to addressing climate change within the industry context.
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Add to project| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 15,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 20,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 120,000,000 | 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 committed to any reduction initiatives 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.
