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 52 is higher than 96% 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 company's emissions have shown a general trend of reduction over the years, with a notable decrease from 135,695,000 kg CO2e in 2020 to the latest figure in 2023. Gem Diamonds has disclosed emissions data across all three scopes, indicating a comprehensive approach to tracking their carbon footprint. However, there are currently no specific reduction targets or initiatives outlined in their reports. The company has not committed to any science-based targets or climate pledges, which may limit their ability to demonstrate leadership in climate action within the diamond industry. Overall, while Gem Diamonds has made progress in reducing emissions, the absence of formal reduction targets suggests an opportunity for further commitment to sustainability and climate responsibility.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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.