SourcingJul 01, 2024
Diamond Supplier SRK Exports Joins United Nations Global Compact 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 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 …
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.
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.
Editors' Picks
Sponsored by
More on Sourcing
The Latest
SurveysAug 26, 2026
5 Jewelry Insights From The RealReal’s Resale ReportThe report delves into trending styles, the most popular jewelry brands by city, and why Belle Époque jewelry could be the next big thing.
SurveysAug 26, 2026
Consumer Confidence Dips in August Amid Anticipatory Anxieties Respondents were concerned about the future of the labor market and their income as well as the rising prices of gas and groceries.
TrendsAug 26, 2026
Boucheron’s New Campaign Celebrates Its ‘Question Mark’ NecklacesThe campaign highlights the asymmetrical high jewelry necklace style that the jeweler first created in 1879.
Brought to you by
Your Piece Could Be the One Editors Talk AboutSubmit your pieces for a chance to win in this year's competition.
Events & AwardsAug 26, 2026
Harry Winston Exhibition to Open in ShanghaiIt will explore the life of “The King of Diamonds” and showcase more than 165 creations from the brand.
Weekly QuizAug 20, 2026
This Week’s QuizTest your jewelry news knowledge by answering these questions.
CrimeAug 25, 2026
Florida Woman Scammed Out of $1.5M in Jewelry, Precious MetalsTwo suspects have been arrested in connection with the complex phone scam.
ColumnistsAug 25, 2026
Proof Before Purchase: The Gen Z Way to BuyIn her first column for National Jeweler, Jennifer Shaheen asks jewelers if they know how to connect with the next generation of consumers.
Brought to you by
Why More Jewelry Retailers Are Hosting Turnkey Estate Buying EventsRetailers are seeking new ways to attract customers, increase traffic, and create revenue – Estate buying events are a popular solution.
Events & AwardsAug 25, 2026
SSEF Opens 2026 Applications for Gemology Education ScholarshipsThe annual awards cover tuition for an on-site educational course at the Swiss lab, as well as flights and lodging.
TrendsAug 25, 2026
Brent Neale Celebrates Blackberry Farm’s Anniversary With JewelryThe jeweler partnered with the Tennessee resort to honor its 50th anniversary with limited-edition blackberry pendants and earrings.
EditorsAug 24, 2026
Q&A: Reeds Jewelers VP Genna Zimmer on 80 Years in BusinessThe third-generation jeweler shared how the North Carolina retailer is celebrating this milestone and the love story that started it all.
Events & AwardsAug 24, 2026
Rio Grande, MetalWerx Host Argentium Silver WorkshopThe class, led by renowned metalsmith Cynthia Eid, highlighted Argentium silver as an alternative to gold amid high prices.
Events & AwardsAug 24, 2026
JIS Miami Opens Fall 2026 RegistrationThe show is slated for Oct. 16-19 at the Miami Beach Convention Center.
CollectionsAug 24, 2026
Francesca Villa Honors Napoleon, His Empresses In New CapsuleThe “Empresses” capsule uses 19th-century medals depicting Napoleon, Joséphine, and Marie-Louise across five one-of-a-kind pieces.
SurveysAug 21, 2026
These Are 2026’s Hottest Retailers, Says NRFThe retailers at the top of the list offer affordable products and fun, discovery-fueled experiences.
WatchesAug 21, 2026
Bremont Names Former Vacheron Constantin Exec CMODaniel Bing was formerly the marketing director for the Americas at Vacheron Constantin.
CollectionsAug 21, 2026
Bijules, Kamyen Serve Up ‘Topspin’ Tennis Bracelet Ahead of US OpenIn our Piece of the Week, the designers reimagine the tennis bracelet with green enamel wrapped around a strand of “Desert Diamonds.”
PodcastsAug 20, 2026
Episode 8: Diamond Industry Update With David Bonaparte & Ronnie VanderLindenThe industry veterans join the podcast to discuss diamond marketing, the FTC Jewelry Guides, and lobbying for lower tariffs.
TechnologyAug 20, 2026
A New AI-Powered Gemstone Identification App Is HereFounder Vik Westermann said the app is a “starting point” to inspire people to work with appraisers and gem labs, not replace them.
AuctionsAug 20, 2026
Storied Unicorn Brooch Up for Auction Gallops to New Home The Verdura brooch, which belonged to the late Virginia Fortune Ryan Ogilvy, was sold to a private collector in Asia.
Events & AwardsAug 20, 2026
MJSA Education Foundation Names 5 Scholarship WinnersThe five students were awarded a total of $10,000 through the nonprofit’s 2026 “Future of Jewelry Making” scholarship.
MajorsAug 20, 2026
Plumb Club Elects 2026-2027 BoardSteven Lerche is now beginning his term as the youngest member to become president of The Plumb Club’s elected executive committee.
MajorsAug 19, 2026
Mike Alexander To Succeed Scott Murphy as Jewelers Mutual CEO Murphy will retire at the end of the year and Alexander, currently the company’s president, will take over at the start of 2027.
Policies & IssuesAug 19, 2026
Spinelli Kilcollin Embraces Dupes With Trade-In ProgramThe jeweler is encouraging customers who own lookalike rings to come into the store and trade them for credit towards an authentic piece.
MajorsAug 19, 2026
Zales Wants You to Wear Fine Jewelry Every DayThe new campaign, “You Are The Occasion,” discourages shoppers from saving their fine jewelry for special occasions only.
CrimeAug 18, 2026
2 California Men Arrested in Fatal Vehicle Smash RobberyOne is the driver who allegedly crashed a car into a Sacramento jewelry store in April, striking a 71-year-old employee who later died.
ColumnistsAug 18, 2026
Peter Smith: The IKEA Effect and Bridal Branding In a new column, Peter Smith posits that people actually enjoy putting together IKEA furniture, and the same is true for engagement rings.
