Gemfields Group Ltd 2023 AR2
The report highlights Gemfields' performance in 2023, achieving its second-highest annual revenue of USD 262 million despite operational challenges, including the withdrawal of a higher-quality emerald auction. The company commenced its largest-ever single investment, constructing a second processing plant at the Montepuez ruby mine in Mozambique to triple throughput capacity. On the ESG front, Gemfields established extensive ESG KPIs, progressed towards IRMA certification, and became a full member of the Voluntary Principles Initiative. Additionally, Kagem Mining became the first African company certified to the ESG Clarity platform, and the company continued supporting local communities through education, health, and agricultural initiatives.
Company: Gemfields Group Ltd
Sector: Materials
Country: United Kingdom
Year: 2023
Type: AR2
Pages: 214
Gemfields Group Ltd
Annual Report
The report highlights Gemfields' performance in 2023, achieving its second-highest annual revenue of USD 262 million despite operational challenges, including the withdrawal of a higher-quality emerald auction. The company commenced its largest-ever single investment, constructing a second processing plant at the Montepuez ruby mine in Mozambique to triple throughput capacity. On the ESG front, Gemfields established extensive ESG KPIs, progressed towards IRMA certification, and became a full member of the Voluntary Principles Initiative. Additionally, Kagem Mining became the first African company certified to the ESG Clarity platform, and the company continued supporting local communities through education, health, and agricultural initiatives.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Workplace Fatalities
Employees