Lucapa Diamond Company Limited Sustainability Profile
Lucapa Diamond Company Limited, often referred to simply as Lucapa, is a prominent player in the diamond mining industry, headquartered in Australia. Established in 2009, the company has made significant strides in the exploration and production of high-value diamonds, primarily operating in Angola and Australia. Lucapa is renowned for its focus on high-quality diamond recovery, utilising advanced technologies to extract unique gems from its mining projects. The company’s flagship asset, the Lulo Diamond Project in Angola, has yielded some of the world's largest and most valuable diamonds, solidifying its reputation in the market. With a commitment to sustainable practices and community engagement, Lucapa Diamond Company has positioned itself as a leader in the industry, achieving notable milestones that reflect its growth and innovation in diamond mining.
DitchCarbon Score
How does Lucapa Diamond Company 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 Non-Metallic Mineral 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
Lucapa Diamond Company Limited's score of 1 is lower than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lucapa Diamond Company Limited's reported carbon emissions
In 2022, Lucapa Diamond Company Limited reported total carbon emissions of approximately 686,600 kg CO2e, comprising 404,000 kg CO2e from Scope 1 emissions and 282,600 kg CO2e from Scope 2 emissions. This data reflects a significant reduction from 2021, where Scope 1 emissions alone were reported at 533,000,000 kg CO2e. Despite these figures, Lucapa has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi). The company has not made any formal climate pledges or commitments to reduce emissions at this time. As a diamond mining company headquartered in Australia, Lucapa is positioned within an industry that is increasingly scrutinised for its environmental impact. The absence of reduction targets highlights an opportunity for the company to enhance its climate strategy and align with global sustainability goals.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 533,000,000 | 000,000 |
| Scope 2 | - | 000,000 |
| Scope 3 | - | - |
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Lucapa Diamond Company 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.
Lucapa Diamond Company 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.
