Petra Diamonds Sustainability Profile
Petra Diamonds Limited, a prominent player in the diamond mining industry, is headquartered in Great Britain (GB) and operates primarily in South Africa and Tanzania. Founded in 1997, the company has established itself as a leader in the exploration, mining, and sale of high-quality diamonds, with a focus on sustainable practices and community engagement. Petra Diamonds is renowned for its exceptional product offerings, including some of the world's most exquisite gem-quality diamonds. The company has achieved significant milestones, such as the acquisition of several key mines, which has bolstered its market position. With a commitment to ethical sourcing and innovative mining techniques, Petra Diamonds continues to set itself apart in a competitive landscape, making it a notable name in the global diamond market.
DitchCarbon Score
How does Petra 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 Salt and 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
Petra Diamonds's score of 55 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Petra Diamonds's reported carbon emissions
In 2024, Petra Diamonds reported total carbon emissions of approximately 423,000,000 kg CO2e, comprising 36,586,000 kg CO2e from Scope 1, 384,283,000 kg CO2e from Scope 2, and 2,098,000 kg CO2e from Scope 3 emissions. This marked a slight decrease from 2023, where total emissions were about 438,243,000 kg CO2e, with Scope 1 at 29,846,000 kg CO2e, Scope 2 at 405,532,000 kg CO2e, and Scope 3 at 2,865,000 kg CO2e. Petra Diamonds has committed to achieving net zero greenhouse gas emissions for Scope 1 and 2 by 2050, with an aspiration to reach this target by 2040. This commitment reflects the company's long-term strategy to mitigate its carbon footprint and align with global climate goals. The company has not disclosed specific reduction targets for Scope 3 emissions. Overall, Petra Diamonds is actively working towards reducing its carbon emissions while maintaining transparency in its reporting and commitments.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 55,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 531,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | 0,000,000 | 0,000,000 | 0,000,000 | - | - | 00,000,000 | 0,000,000 | 0,000,000 |
How Carbon Intensive is Petra Diamonds's Industry?
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Petra Diamonds'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.
Petra Diamonds 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.
