Gem Diamonds Ltd

Common Name
Gem Diamonds
Country
United Kingdom
Sector
Basic Materials
Industry
Other Precious Metals & Mining
Employees
716
Ticker
GEMD
Exchange
LONDON STOCK EXCHANGE
Description
Gem Diamonds Limited is a specialist in the extraction and sale of high-value rough diamonds, with a strong emphasis on large, top-quality stones. Headquartered in London, the company operates globall...

Gem Diamonds's GHG Emissions Data Preview

In 2024, Gem Diamonds completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

However, Gem Diamonds has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Gem Diamonds’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Gem Diamonds’s data sources below and access millions more through our Disclosure Search.

a. Gem Diamonds's Annual Report 2024
a. Gem Diamonds's Annual Report 2024

Insights into Gem Diamonds's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Gem Diamonds amounted to 95,266 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Gem Diamonds decreased by 1.73%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Gem Diamonds's Scope 1 Emissions Over Time

202120232024020 k40 k60 k80 ktCO2e-25%-28%
  • Total Scope 1
  • Year-over-Year Change

What are Gem Diamonds's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Gem Diamonds were 33,656 metric tons of CO₂ equivalent (tCO₂e). a

Has Gem Diamonds reduced its Scope 1 emissions over time?

Since 2021, Gem Diamonds's Scope 1 emissions have decreased by 46.3%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), Gem Diamonds's Scope 1 emissions decreased by 28.34%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Gem Diamonds's Scope 2 emissions?

In 2024, Gem Diamonds reported Scope 2 greenhouse gas (GHG) emissions of 61,610 tCO₂e without specifying the calculation method. a

Has Gem Diamonds reduced its Scope 2 emissions over time?

Since 2021, Gem Diamonds's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have remained relatively stable, indicating that Gem Diamonds 's emissions have plateaued with no significant change in its energy consumption footprint. a

Compared to the previous year (2023), Gem Diamonds's Scope 2 emissions (Unspecified Calculation Method) rose by 23.28% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Gem Diamonds use for Scope 2 reporting?

In 2024, Gem Diamonds reported its Scope 2 emissions using an unspecified methodology. a

Gem Diamonds's Scope 2 Emissions Over Time

202120232024020 k40 k60 k80 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Gem Diamonds's Value Chain Emissions

In 2024, Gem Diamonds reported 9,496 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Gem Diamonds includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Gem Diamonds's Scope 3 Emissions Over Time

20212023202406 k12 k18 k24 ktCO2e-44%-28%
  • Total Scope 3
  • Year-over-Year Change

What are Gem Diamonds's Scope 3 emissions?

In 2024, Gem Diamonds reported total Scope 3 emissions of 9,496 metric tons of CO₂ equivalent (tCO₂e). a

Has Gem Diamonds reduced its Scope 3 emissions over time?

Since 2021, Gem Diamonds's Scope 3 emissions have decreased by 59.96%, reflecting a declining long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2023), Gem Diamonds's Scope 3 emissions decreased by 28.38%, highlighting the company's efforts to lower indirect emissions from its value chain. a

Insights into Gem Diamonds’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Gem Diamonds reported Scope 1 greenhouse gas (GHG) emissions of 33,656 tCO₂e and total revenues of USD 115 millions. This translates into an emissions intensity of 293.59 tCO₂e per millions USD. a

Gem Diamonds's Scope 1 Emissions Intensity Compared to Peers

50010,000200,0005,000,000100,000,000Scope 1 Emissions (tCO2e)502,000100,0005,000,000200,000,000Revenues (Millions of USD)JPMGVGAnglo AmericanYear: 2024Scope 1: 6,700,000 tCO2eRevenue: $M 20,134Scope 1 Intensity: 332.77 tCO2e/$MEndeavour MiningYear: 2024Scope 1: 646,163 tCO2eRevenue: $M 3,698Scope 1 Intensity: 174.74 tCO2e/$MVictrexYear: 2024Scope 1: 18,085 tCO2eRevenue: $M 396Scope 1 Intensity: 45.62 tCO2e/$MCroda InternationalYear: 2024Scope 1: 95,931 tCO2eRevenue: $M 2,043Scope 1 Intensity: 46.95 tCO2e/$MVesuviusYear: 2023Scope 1: 169,914 tCO2eRevenue: $M 2,457Scope 1 Intensity: 69.14 tCO2e/$MSibanye StillwaterYear: 2024Scope 1: 247,616 tCO2eRevenue: $M 5,945Scope 1 Intensity: 41.65 tCO2e/$MHecla MiningYear: 2023Scope 1: 65,345 tCO2eRevenue: $M 720Scope 1 Intensity: 90.73 tCO2e/$MFresnilloYear: 2024Scope 1: 469,122 tCO2eRevenue: $M 3,496Scope 1 Intensity: 134.17 tCO2e/$MJJJames CropperYear: 2024Scope 1: 25,399 tCO2eRevenue: $M 130Scope 1 Intensity: 195.36 tCO2e/$MPPPetra DiamondsYear: 2024Scope 1: 36,586 tCO2eRevenue: $M 279Scope 1 Intensity: 131.05 tCO2e/$MMondiYear: 2024Scope 1: 1,540,000 tCO2eRevenue: $M 6,679Scope 1 Intensity: 230.58 tCO2e/$MLyondellBasell IndustriesYear: 2024Scope 1: 15,000,000 tCO2eRevenue: $M 40,302Scope 1 Intensity: 372.19 tCO2e/$MRio TintoYear: 2024Scope 1: 23,000,000 tCO2eRevenue: $M 39,621Scope 1 Intensity: 580.51 tCO2e/$MMMMerdeka Battery MaterialsYear: 2024Scope 1: 2,006,550 tCO2eRevenue: $M 1,845Scope 1 Intensity: 1,087.74 tCO2e/$MEssentraYear: 2024Scope 1: 2,783 tCO2eRevenue: $M 379Scope 1 Intensity: 7.33 tCO2e/$MLindeYear: 2024Scope 1: 16,470,000 tCO2eRevenue: $M 33,005Scope 1 Intensity: 499.02 tCO2e/$MBreedon GroupYear: 2024Scope 1: 1,551,532 tCO2eRevenue: $M 1,978Scope 1 Intensity: 784.35 tCO2e/$MJohnson MattheyYear: 2025Scope 1: 225,330 tCO2eRevenue: $M 15,104Scope 1 Intensity: 14.92 tCO2e/$MGGGriffin MiningYear: 2024Scope 1: 14,082 tCO2eRevenue: $M 106Scope 1 Intensity: 133.42 tCO2e/$MAmman Mineral InternasionalYear: 2024Scope 1: 1,654,893 tCO2eRevenue: $M 42,984,234Scope 1 Intensity: 0.04 tCO2e/$MImpala Platinum HoldingsYear: 2025Scope 1: 515,000 tCO2eRevenue: $M 4,828Scope 1 Intensity: 106.66 tCO2e/$MVVValterra PlatinumYear: 2024Scope 1: 580,000 tCO2eRevenue: $M 5,778Scope 1 Intensity: 100.38 tCO2e/$MNortham Platinum HoldingsYear: 2024Scope 1: 66,845 tCO2eRevenue: $M 1,691Scope 1 Intensity: 39.53 tCO2e/$MGGGem DiamondsYear: 2024Scope 1: 33,656 tCO2eRevenue: $M 115Scope 1 Intensity: 293.59 tCO2e/$M

How does Gem Diamonds's GHG emissions intensity compare to its peers?

In 2024, Gem Diamonds reported a Scope 1 emissions intensity of 293.59 tCO₂e per millions USD. Compared to the peer group median of 131.05 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Gem Diamonds rank on GHG emissions intensity within its industry?

In 2024, Gem Diamonds ranked 18 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Gem Diamonds is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Gem Diamonds's Total Carbon Footprint

In 2024, Gem Diamonds reported a total carbon footprint of 104,762 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.93% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Gem Diamonds's total carbon footprint was Scope 2 emissions, accounting for 58.81% of the company's total carbon footprint, followed by Scope 1 emissions at 32.13%. a

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