Gem Diamonds Ltd 2024 Annual Report with Sustainability Disclosures
Company: Gem Diamonds Ltd
Sector: Mining & quarrying
Country: United Kingdom
Year: 2024
Type: Annual Report with Sustainability Disclosures
Pages: 177
The report describes a challenging diamond market but highlights a 10% increase in revenue to US$154.2 million, supported by higher carat sales and operational efficiencies. The company reported a 2024 carbon footprint of 104 762 tCO2e and a 27% reduction in Scope 1 and 2 emissions against the 2021 baseline, supporting its 2030 decarbonisation target. Safety performance remained strong, with zero fatalities and a record-low AIFR of 0.61. Sustainability governance was supported by Board oversight and a dedicated Sustainability Committee.
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