Lucara Sustainability Profile
Lucara Diamond Corporation, commonly referred to as Lucara, is a prominent player in the diamond mining industry, headquartered in Canada. Founded in 2007, the company has established itself as a leader in the exploration and production of high-value diamonds, primarily operating in Botswana, where it owns the renowned Karowe mine. Lucara is distinguished by its innovative approach to diamond recovery, utilising advanced technology to extract exceptional gemstones. The company is celebrated for its significant milestones, including the discovery of some of the world's largest diamonds, which have garnered international attention. With a strong market position, Lucara continues to set benchmarks in the industry, focusing on sustainable practices and community engagement while delivering unique, high-quality diamonds to the global market.
DitchCarbon Score
How does Lucara'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 Precious Metal 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
Lucara's score of 20 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lucara's reported carbon emissions
In 2022, Lucara Diamond Corp. reported total greenhouse gas emissions of approximately 85,778,000 kg CO2e, comprising 26,662,000 kg CO2e from Scope 1 and 59,116,000 kg CO2e from Scope 2 emissions. This represents a significant increase from 2021, when total emissions were about 75,117,000 kg CO2e, with Scope 1 emissions at 16,622,000 kg CO2e and Scope 2 emissions at 58,495,000 kg CO2e. Lucara has set ambitious climate commitments, aiming for a 15% reduction in emissions by 2030, using 2010 as the baseline year. This target applies to both Scope 1 and Scope 2 emissions, reflecting the company's commitment to sustainability and climate action. The initiatives are aligned with Botswana's national goals, indicating a collaborative approach to reducing carbon footprints. The company has not disclosed any Scope 3 emissions data, which typically includes indirect emissions from the supply chain and product use. Lucara's emissions data is not cascaded from any parent organization, ensuring that the reported figures are specific to Lucara Diamond Corp. itself. Overall, Lucara's emissions and climate commitments highlight its proactive stance in addressing climate change within the diamond mining industry.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 284,605,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 125,269,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - |
How Carbon Intensive is Lucara's Industry?
How Carbon Intensive is Lucara's Location?
Lucara'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.
Lucara 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.
