De Beers plans to clean up diamond supply chain, be carbon neutral by 2030
NOVEMBER 30, 20201:26 PMUPDATED 3 HOURS AGO
By Reuters Staff
2 MIN READ
(Reuters) - Diamond mining giant De Beers on Monday outlined plans to ethically source its diamonds and be carbon neutral by 2030 due to growing investor pressure on companies to be environmentally and socially responsible.
The initiative is the latest example of a miner setting sustainability goals in an industry blamed for depletion of natural resources, smuggling and child labor in supply lines.
De Beers, a unit of Anglo American, said it would provide the origin and impact of every diamond it discovers and sells, while also extending a set of ethical, social and environmental standards beyond its value chain and across diamond mining as well as other sectors.
De Beers, the world’s biggest diamond producer by the value of its gems, has led industry efforts to verify the authenticity of diamonds and ensure they are not from conflict zones where gems may be used to finance violence.
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https://www.reuters.com/article/us-de-beers-sustainability-anglo-amercn/de-beers-plans-to-clean-up-diamond-supply-chain-be-carbon-neutral-by-2030-idUSKBN28A2QX
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