ALROSA has published its latest sustainability report for 2024, sharing its key achievements for 2024 in ESG and in ensuring carbon neutrality in diamond mining.
ALROSA noted that thanks to scientific research of kimberlite ore, the company was able to achieve important progress in ensuring carbon neutrality, which was a unique achievement in the diamond industry.
“Some of the biggest challenges and opportunities for the diamond industry are related to its sustainability and its ability to demonstrate a positive impact on the entire supply chain, including in the context of priority carbon neutrality goals,” the report says.
"Serious scientific research into the absorption capacity of kimberlite allowed ALROSA to ensure carbon neutrality of its diamond complex for the first time in 2024, and carbon neutrality of all diamonds mined by the company in June 2025," the company added.
"This is the world's first recognized case of carbon-neutral industrial [diamond] production."
Meanwhile, in 2024, ALROSA's Supervisory Board approved a climate strategy to be implemented until 2035. The company plans to reduce greenhouse gas emissions by more than 9%. Last year, ALROSA also increased operational efficiency to reduce its climate impact by curbing the use of fuel with high greenhouse gas emissions.
In 2024, ALROSA continued to implement charitable and social projects and long-term programs, and adopted a comprehensive program for the development and support of indigenous minorities of the North. Work was underway on projects from 20 agreements on socio-economic development with local communities and authorities of the regions where the company operates.
Theodor Lisovoy, Managing Editor, Rough&Polished
