SRK Achieves 34 Percent Cut Per Carat in Diamond Industry Emissions, Expands Solar Adoption
As of November 2024, SRK recorded emissions of just 70.49 kgCO2e per carat of natural diamond. It is now focused on further reducing emissions by expanding the use of renewable energy, particularly solar power across its facilities.
January 30, 2025. By Abha Rustagi
This achievement, announced on International Reducing CO2 Emissions Day, has been independently verified and validated by Deutsch Quality Systems (India) Private Limited, an ISO certification body, ensuring compliance with international standards such as the Greenhouse Gas Protocol, ISO 14064 and ISO 14067.
As of November 2024, SRK recorded emissions of just 70.49 kgCO2e per carat of natural diamond. It is now focused on further reducing emissions by expanding the use of renewable energy, particularly solar power across its facilities. The company is known for its innovative approach and commitment to sustainability, operates with a 'cradle-to-grave' strategy that covers every stage of the diamond lifecycle from raw material extraction to the end-of-life phase.
Dr Nirav Mandir, Chief Human Capital and Sustainability Officer at SRK said, “We are committed to creating a positive and lasting impact, not just for our business but for the global natural diamond industry. By addressing Scope 1 and Scope 2 emissions and now targeting Scope 3, we are building a sustainable future that will benefit both our industry and the planet.”
As per the media release, SRK was recognised as the world’s first diamond company to operate with Net-Zero Energy, which was achieved by the adoption of renewable energy sources like rooftop solar power, along with waste management and sewage treatment initiatives that have drastically reduced its carbon footprint. Its Net-Zero efforts for water, waste, and carbon are underway. SRK achieved LEED Platinum certification for its green buildings and also leads the industry with the highest number of ISO certifications.
With its efforts, SRK is leading the way in reshaping the natural diamond industry, demonstrating that luxury can coexist with sustainability and driving the world toward a more sustainable future.
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