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

GIA iD100® Technology
Supplier BulletinJul 03, 2025
Protect Your Customers and Your Business

Sponsored by the Gemological Institute of America

Madison Keys in Brilliant Earth campaign
MajorsJul 03, 2025
Brilliant Earth Names Tennis Star Madison Keys as Its New Ambassador

The 2025 Australian Open champion is the jewelry brand’s first athlete ambassador.

Muse Nordstrom shop-in-shop
MajorsJul 03, 2025
Muse Sets Up Shop in Nordstrom’s New Jewelry Hall

The West Village jewelry boutique’s new shop-in-shop is the cornerstone of Nordstrom’s revamped jewelry hall.

an instructor and a student in a bench jewelry classroom
Brought to you by
Investing in the Next Generation of Bench Jewelers

The Seymour & Evelyn Holtzman Bench Scholarship from Jewelers of America returns for a second year.

Yeprem Golden Strada Statement Necklace
CollectionsJul 03, 2025
Piece of the Week: A Firework of Diamonds From Yeprem

The brand’s “Golden Strada” statement necklace features round, marquise, and pear diamonds that sparkle like Fourth of July fireworks.

Weekly QuizJul 02, 2025
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
Stock image of police cars with their lights on
CrimeJul 03, 2025
JSA Shares Holiday Weekend Security Tips Amid Spike in Burglaries

JSA’s Scott Guginsky provided a list of nine security measures jewelers should observe while locking up for the long weekend.

Exterior and entryway of Boucheron’s Los Angeles Flagship
MajorsJul 02, 2025
Boucheron Looks to LA for First West Coast Flagship

Located on Rodeo Drive, the store’s design was inspired by Hollywood and Los Angeles culture.

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.

Exterior of Marco Bicego Milan Flagship
MajorsJul 02, 2025
Marco Bicego Opens Milan Flagship

The new location continues the brand’s celebration of its 25th anniversary.

Chrono24 Time Is Our Thing campaign image
WatchesJul 02, 2025
Chrono24 Revamps Brand, Launches New Campaign

The online watch marketplace’s “Time Is Our Thing” campaign highlights the importance of time.

Counterfeit Pandora jewelry in bags and boxes
CrimeJul 02, 2025
Pandora, Amazon Partner to Uncover Counterfeit Jewelry Network

Working with Amazon’s Counterfeit Crimes Unit and law enforcement, Pandora helped to shut down a large-scale counterfeit network in China.

Cast Issa Rae
MajorsJul 01, 2025
Cast Closes Business, Plans for Relaunch

The jewelry company has closed its three California brick-and-mortar stores, as well as its online shop, for now.

Eve Goldberg, Matthew Denatale, Willie Lopez, Benjamin Goldberg
Events & AwardsJul 01, 2025
William Goldberg Diamonds, FIT Partner for Apprenticeship Program

The company is providing the opportunity for an FIT student to work alongside master diamond cutter Willie Lopez in its workshop.

Elie Hannoush
IndependentsJul 01, 2025
Elie Hannoush, Founder of Hannoush Jewelers, Dies at 73

He is remembered for his successful entrepreneurship, generosity, and dedication to his family.

Claire’s store
MajorsJul 01, 2025
Claire’s Is Looking for a Buyer, Report Says

The jewelry store chain has reportedly been struggling with costs related to tariffs as well as tough retail competition.

Mindi Mond Spike Earrings
TrendsJul 01, 2025
Amanda’s Style File: Red Hot Rubies

Welcome warm summer days with red hot rubies perfectly chosen as July’s birthstone.

The Story of Everything Campaign, Toadstool Mushroom and Cosmic Egg
CollectionsJun 30, 2025
State Property’s New Jewelry Tells ‘The Story of Everything’

Co-founders Afzal Imram and Lin Ruiyin brought their son’s story of a cosmic egg, toadstool, and railroad to life in their new collection.

Smart Age Solutions CEO Emmanuel Raheb
ColumnistsJun 30, 2025
The Smart Lab: Why Q3 Is the Secret Weapon For Holiday Jewelry Sales

The best time to prepare for the holiday season is right now, according to columnist Emmanuel Raheb.

Morgan Keefe
Events & AwardsJun 30, 2025
AGA Names Recipient of 2025 Gemological Education Scholarship

This year’s winner is Morgan Keefe, who is currently studying at GIA to be a gemologist.

The Jewelry Book
IndependentsJun 30, 2025
Melanie Grant’s New Book Explores 200 Years of Jewelry

“The Jewelry Book” comes out this September.

Gemist
TechnologyJun 27, 2025
Gemist Raises $6M in Funding to Scale Jewelry Tech Platform

The company is focused on modernizing the custom jewelry buying experience with e-commerce tools like product visualization and 3D styling.

Jeff Preolo, David Stout, Levi Higgs, David Benavides
IndependentsJun 27, 2025
David Webb Announces New Hires, Promotions

Following its recent acquisition, the storied brand has updated its leadership team and regional managers.

Blake Graham and Jessica Kohoutek
Events & AwardsJun 27, 2025
AGS, GIA Announce Beatrice Shipley Scholarship Winner

AGS also named the recipient of its “Women in Leadership” scholarship.

Buddha Mama Monstera Ring
CollectionsJun 27, 2025
Piece of the Week: Buddha Mama’s ‘Monstera’ Wrap Ring

The 20-karat yellow gold and diamond wrap ring is modeled after the Monstera plants in the garden of the brand’s Miami villa.

Cashier handing Rocksbox bag to customer
MajorsJun 26, 2025
Why Rocksbox Is Opening Stores As Signet Jewelers Downsizes

Rocksbox President Allison Vigil shared the retailer’s expansion plans, and her thoughts on opening stores in malls.

Penny Ruston
IndependentsJun 26, 2025
Penny Ruston Dies at 80

The creator of the WJA Chicago chapter is remembered as a champion for women in the jewelry industry and a loving grandmother.

Stock image of woman shopping
SurveysJun 26, 2025
After Recovering in May, Consumer Confidence Dips in June

The decline was consistent across age groups and almost all income groups, with tariffs and inflation still top of mind.

×

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