Sourcing

SRK Announces Notable Reduction in Greenhouse Gas Emissions

SourcingFeb 12, 2025

SRK Announces Notable Reduction in Greenhouse Gas Emissions

Late last year, the India-based diamond manufacturer recorded emissions per carat that are 34 percent lower than the industry average.

Shree Ramkrishna Exports (SRK) diamonds
Shree Ramkrishna Exports announced on International Reducing CO2 Emissions Day, which is observed every Jan. 28, that when it comes to manufacturing natural diamonds, its greenhouse gas emissions are now 30 percent below the industry average.
Ahmedabad, India—India-based diamond manufacturer Shree Ramkrishna Exports (SRK) has been working on its sustainability goals for about a decade, focusing on its zero emissions initiatives.

Recently, the company announced that its greenhouse gas emissions are now 34 percent lower than the global industry average. 

In November 2024, SRK said it recorded emissions of just 70.49 kgCO2e per carat of natural diamond.

On average, 160 kg of greenhouse gases are released per polished carat of mined diamond, according to a 2019 report for the Diamond Producers Association (which became the Natural Diamond Council in 2020).

SRK said its data has been independently verified and validated by ISO certification body Deutsch Quality Systems (India) Pvt. Ltd., ensuring compliance with international standards such as the Greenhouse Gas Protocol, ISO 14064, and ISO 14067.

SRK announced the achievement on International Reducing CO2 Emissions Day, celebrated annually on Jan. 28.

“We are committed to creating a positive and lasting impact, not just for our business but for the global natural diamond industry,” said Nirav Mandir, chief human capital and sustainability officer at SRK.

“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.”

According to the World Economic Forum, Scope 1 encompasses “direct” emissions, a result of operating things a company owns or controls, such as driving vehicles or heating buildings, while Scope 2 refers to “indirect” emissions created by the production of the energy that an organization buys.  

Scope 3, however, refers to indirect emissions not produced by a company itself but rather by customers using the company’s products or those produced by suppliers making products that the company uses.  

It generally requires much more effort to tackle, according to the World Economic Forum.   

SRK said it is focused on further reducing emissions by expanding its use of renewable energy, particularly solar power, across its facilities. 

 Related stories will be right here … 

Following its adoption of renewable energy sources like rooftop solar power, along with waste management and sewage treatment initiatives, SRK was recognized in May 2024 by the Global Network for Zero as the world’s first diamond manufacturing company to operate with net-zero energy.

It continues to work toward net-zero efforts for water, waste and carbon. 

Its diamond manufacturing facilities, SRK Empire and SRK House, rank among the top five “green” buildings globally, the company said. Both have LEED Platinum certification from the U.S. Green Building Council. 

The company also said it boasts the highest number of ISO certifications in the industry. 

SRK operates with what it calls a “cradle-to-grave” strategy, a comprehensive effort to cover every stage of the diamond lifecycle, starting with extracting the raw material. 

The company said it is working to lead the way in reshaping the natural diamond industry and demonstrating how luxury can coexist with sustainability. 

It remains focused on quality, environmentally responsible practices, and health and safety. 

The Latest

Robinson Pelham Fruits of Love Pear Earrings
CollectionsJun 13, 2025
Piece of the Week: Robinson Pelham’s Pear Earrings

Take a bite out of the 14-karat yellow gold “Fruits of Love Pear” earrings featuring peridots, diamond stems, and tsavorite leaves.

Three diamonds with diagrams
Events & AwardsJun 13, 2025
AGA to Host ‘Diamonds From Mine to Market’ Education Conference

The one-day virtual event will feature speakers from De Beers, GIA, and Gemworld International.

Ella Sophie
EditorsJun 12, 2025
15 Questions With Jewelry Photographer Ella Sophie

The California-based creative talks jewelry photography in the modern era and tackles FAQs about working with a pro for the first time.

Jewelers of America logo with meetup, State of the Majors, giveaway and massages
Brought to you by
Jewelers of America is Headed to Las Vegas for JCK 2025

The countdown is on for the JCK Las Vegas Show and JA is pulling out all the stops.

A pink gold Patek Philippe perpetual calendar chronograph Ref. 2499
AuctionsJun 12, 2025
Vintage Patek Philippe From the ‘50s Sells for $4M at Sotheby’s

Al Capone’s pocket watch also found a buyer, though it went for less than half of what it did at auction four years ago.

Weekly QuizJun 12, 2025
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
Gabriel Love Foundation Logo
Events & AwardsJun 12, 2025
Gabriel Love Foundation Introduces Scholarship Honoring Elias Gabriel

The foundation has also expanded its “Stronger Together” initiative with Jewelers for Children.

Celine Assimon
AuctionsJun 12, 2025
Former De Beers Exec Celine Assimon Joins Bonhams

Assimon is the auction house’s new chief commercial officer.

DCA-student-cert-NJ1872x1052-2.png
Brought to you by
The True Power Behind the Counter: Why Sales Associates Are the Heart of the Jewelry Business

When investing in your jewelry business, it's important not to overlook the most crucial element of success: the sales associates.

De Beers CEO Al Cook speaking at JCK Las Vegas 2025
EditorsJun 11, 2025
Q&A: Al Cook on Differentiating Natural Diamonds, Traceability, and Tariffs

The De Beers Group CEO discusses the company’s new “beacon” program, the likelihood diamonds will be exempt from tariffs, and “Origin.”

Pandora Las Vegas ribbon cutting ceremony
MajorsJun 11, 2025
Pandora Bets on Las Vegas for First North American Flagship

The Danish jewelry giant hosted its grand opening last weekend, complete with a Pandora pink roulette wheel.

Tiffany Stevens
GradingJun 11, 2025
Tiffany Stevens Exits IGI, Lab Appoints New Board Leader

Industry veteran Anoop Mehta is the new chairman and independent director of the IGI board.

Lee Min Seo and Ianyan Jewelry
Events & AwardsJun 11, 2025
Kering Announces Winners of Sustainability-Focused Award

The winners of the inaugural “Kering Generation Award x Jewelry” are student Lee Min Seo and China-based startup Ianyan.

Gresham grasshopper ring
AuctionsJun 10, 2025
Noonans to Auction 16th-Century Signet Ring

It's one of the “Gresham grasshopper” rings English financier Sir Thomas Gresham was known to gift to acquaintances or business associates.

Mary Chiam
CollectionsJun 10, 2025
Tabayer Names Mary Chiam as CEO

The brand also debuted its new “Zorae” collection featuring a talisman of protection and harmony inspired by a sheaf of wheat.

Lauren Johansen
MajorsJun 10, 2025
Lauren Johansen Joins Loudr

As Loudr’s new account manager, Johansen will partner with clients to craft and execute marketing strategies.

Lunar Rain cat locket
Events & AwardsJun 09, 2025
And the Winners of the 2025 Couture Design Awards Are …

Designers were recognized in 12 categories, from platinum to pearls, before the evening ended with a new, retail-focused award.

Nancy Astor tiara
AuctionsJun 09, 2025
Nancy Astor’s Cartier Tiara Sells for $1.2M

The rare turquoise and diamond jewel was the top lot at Bonhams’ June jewelry sale.

2025 National Jeweler Retailer Hall of Fame inductees
Events & AwardsJun 09, 2025
Here Are the 2025 Retailer Hall of Fame Inductees

This year’s honorees include a Midwest retailer and two multi-store independents, one in New York and the other in New England.

2025 CASE Award Submission Graphic
Events & AwardsJun 09, 2025
CASE Awards Now Accepting Entries For 2025

The deadline to submit is June 16.

RDI Diamonds and Lavalier Personal Jewelry Insurance Logos
MajorsJun 09, 2025
RDI Diamonds Partners With Lavalier

The diamond wholesaler is working with the insurance provider to seamlessly offer personal jewelry insurance to RDI retailers’ clients.

Harwell Godfrey Granny Square Eleanor Necklace
CollectionsJun 06, 2025
Piece of the Week: Harwell Godfrey’s ‘Granny Squares Eleanor’ Necklace

As an homage to iconic crochet blankets, the necklace features the nostalgic motif through a kaleidoscope of cabochon-cut stones.

 Laura Gallon Joaillerie “Dynasty” ring, Bijules “Compass” bolo tie, Löf “The Orbitalis” ring
Events & AwardsJun 05, 2025
The 12 Fresh Faces in Couture’s Design Atelier

Discover the dozen up-and-coming brands exhibiting in the Design Atelier for the first time.

Daymond John
Events & AwardsJun 05, 2025
Daymond John to Give Keynote at JCK Las Vegas

The entrepreneur and “Shark Tank” star will share his top tips for success.

Vaishali Banerjee and Pallavi Sharma
MajorsJun 05, 2025
Platinum Guild International Updates Leadership Team

Two existing executives have been given new roles.

Meredith Tiderington
Events & AwardsJun 05, 2025
Zillion Announces 'Women in STEM' Scholarship Recipient

Meredith Tiderington, an electrical engineering student, was selected for the award.

The Gemological Institute of America’s logo
Lab-GrownJun 04, 2025
GIA Reverting to More General Terminology for Lab-Grown Diamonds

It will quit assigning the stones specific color and clarity grades in favor of applying “new descriptive terminology.”

Exterior of the Venetian and the Las Vegas Sphere
Events & AwardsJun 04, 2025
As JCK Talks Returns, Don’t Miss These 12 Sessions

From design trends to sustainability, here’s a roundup of can’t-miss education sessions at JCK Las Vegas.

×

This site uses cookies to give you the best online experience. By continuing to use & browse this site, we assume you agree to our Privacy Policy