GEMFIELDS GROUP LIMITED Sustainability Profile
GEMFIELDS GROUP LIMITED, a leading player in the coloured gemstone industry, is headquartered in Great Britain. Founded in 2007, the company has established itself as a pioneer in ethical mining and sustainable practices, primarily focusing on emeralds and rubies sourced from its operations in Zambia and Mozambique. With a commitment to transparency and responsible sourcing, GEMFIELDS offers unique, high-quality gemstones that stand out in the market. The company has achieved significant milestones, including the launch of its own luxury jewellery line, which showcases the beauty of its ethically mined stones. Recognised for its innovative approach and dedication to sustainability, GEMFIELDS GROUP LIMITED continues to strengthen its position as a market leader, setting benchmarks for quality and ethical standards in the gemstone industry.
DitchCarbon Score
How does GEMFIELDS GROUP LIMITED'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 Nickel Mining 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
GEMFIELDS GROUP LIMITED's score of 25 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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GEMFIELDS GROUP LIMITED's reported carbon emissions
In 2023, GEMFIELDS GROUP LIMITED reported total carbon emissions of approximately 32.8 million kg CO2e. This figure includes about 28.6 million kg CO2e from Scope 1 emissions, which primarily arise from direct operations, and approximately 3.5 million kg CO2e from Scope 2 emissions, related to purchased electricity. Additionally, the company recorded about 719,000 kg CO2e from Scope 3 emissions, specifically from business travel. In the UK, GEMFIELDS GROUP LIMITED's emissions totalled approximately 739,000 kg CO2e, with Scope 2 emissions accounting for about 27,000 kg CO2e and Scope 3 emissions contributing approximately 712,000 kg CO2e. Notably, there were no reported Scope 1 emissions for the UK operations. The company has not set specific reduction targets or initiatives as part of its climate commitments, and there are no documented climate pledges or SBTi (Science Based Targets initiative) targets. This lack of formal commitments may reflect the broader industry context, where many companies are still developing comprehensive strategies to address climate change. Overall, GEMFIELDS GROUP LIMITED's emissions data indicates a significant operational footprint, particularly in Scope 1 and 2 categories, while the absence of reduction targets suggests an opportunity for enhanced climate action in the future.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 41,000 | 00,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 2,823,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | 000,000 | 0,000,000 |
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GEMFIELDS GROUP LIMITED's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
GEMFIELDS GROUP LIMITED has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
