De Beers
De Beers Group, a renowned name in the diamond industry, is headquartered in Great Britain and operates extensively across Africa, Canada, and Australia. Founded in 1888, the company has played a pivotal role in shaping the global diamond market, establishing itself as a leader in diamond exploration, mining, and retail. De Beers is celebrated for its unique offerings, including ethically sourced diamonds and innovative marketing strategies that have defined luxury jewellery. The company’s commitment to sustainability and responsible sourcing sets it apart in a competitive landscape. With a rich history marked by significant milestones, De Beers continues to hold a prominent market position, recognised for its quality and craftsmanship in diamond production.
DitchCarbon Score
How does De Beers'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 Retail Trade 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.
Industry Benchmark
De Beers's score of 58 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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De Beers's reported carbon emissions
In 2023, De Beers reported total emissions of approximately 1,600,000,000 kg CO2e, with 900,000,000 kg CO2e attributed to Scope 2 emissions from purchased electricity. This marks a slight decrease from 2022, where total emissions were about 1,700,000,000 kg CO2e, which included 900,000,000 kg CO2e in Scope 2 and 3,100,000,000 kg CO2e in Scope 3 emissions. De Beers has set ambitious climate commitments, aiming to achieve a 42% reduction in Scope 1 and 2 emissions by 2030. Additionally, the company plans to establish a long-term target for net zero emissions across all scopes by August 2024. These initiatives reflect De Beers's commitment to sustainability and reducing its carbon footprint in the diamond industry.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | - | - | - | - |
| Scope 2 | 900,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 3,800,000,000 | 0,000,000,000 | 0,000,000,000 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
De Beers is not participating in any of the initiatives that 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.
