Representatives of the diamond mining company ALROSA are for the first time taking part in the 28th United Nations Climate Change Conference in Dubai (COP 28) from November 30 to December 12, 2023.
Ensuring environmental safety and combating climate change is one of the significant strategic directions of ALROSA’s work, the company notes, adding that the share of diamond mining in the greenhouse gas emissions from global mining sector is relatively small. According to the company, the volume of emissions - from producing a rough diamond at the mine to the finished one-carat cut&polished diamond - averages 160 kg of CO2 equivalent.
ALROSA noted that the company has committed itself to minimizing its environmental impact in the regions where it operates and reducing the carbon footprint of its activities as part of its sustainable development program for 2021-2025.
In 2021-2023, ALROSA conducted a joint study with leading Russian research institutes which confirmed that kimberlite ore has the ability to absorb carbon dioxide from the air during its processing, which could help create the basis for mining companies to implement climate projects to capture and store carbon dioxide.
Theodor Lisovoy, Editor in Chief of the European bureau, Rough&Polished
