De Beers delivers $2.9bn financial contribution in 2024
De Beers has contributed $2.9bn (£2.16bn) in 2024 in taxes and financial worth throughout its host nations and reported its best-ever security document, with a complete recordable harm frequency charge of 1.2.
The figures have been printed within the group’s 2024 sustainability report, which additionally highlighted progress throughout local weather motion, nature conservation and diamond provenance.
In line with the report, the group has minimize Scope 1 and a pair of emissions by 7% since 2021 and is advancing renewable vitality tasks in South Africa and Botswana.
The corporate has dedicated to lowering Scope 1 and a pair of emissions by 42% and Scope 3 emissions by 25% by 2030, targets validated by the Science Based mostly Targets initiative.
The report additionally detailed conservation efforts protecting 375,000 acres of land, a rhino relocation mission in southern Africa, and partnerships to guard penguin populations in Namibia and water sources within the Okavango Delta.
On provenance, the group mentioned almost three million diamonds have now been registered on its Tracr blockchain platform, which offers country-of-origin verification for all De Beers-sourced tough diamonds over one carat.
This work underpins Origin – De Beers Group, a brand new client initiative offering traceability and impression data for polished stones.
Sandrine Conseiller, chief government of manufacturers and diamond desirability, mentioned: “At De Beers, we imagine a diamond’s journey needs to be as significant as its magnificence. That’s why sustainability is embedded in every little thing we do – from growing renewable vitality in our accomplice nations to advancing gender fairness and supporting long-term nationwide growth.
“We’re not simply powering our operations sustainably; we’re serving to construct infrastructure that advantages communities. We’re not simply creating alternatives for ladies inside our enterprise; we’re unlocking potential for feminine college students and entrepreneurs throughout our host nations. And thru our enduring partnership with Botswana, we’re securing the way forward for our provide whereas investing within the nation’s financial growth and diversification.”
Conseiller added: “Because of our provenance platforms like Tracr and the consumer-facing experiences we’re constructing, we will share these tales with confidence. When somebody chooses a De Beers pure diamond, they’re not solely celebrating a private milestone – they’re serving to form a brighter future for the individuals and locations behind it.”
