Energy Efficiency, GHG Emissions, Industrial, Sourcing Renewables  -  November 21, 2024

Brilliant Earth's Goals Approved by SBTi

Brilliant Earth Group, Inc., a  fine jewelry company, announced that the Science Based Targets initiative has verified the company’s long-term target to achieve net-zero GHG emissions across its operations (Scopes 1 and 2) and its supply chain (Scope 3) by 2050. 

This validation reinforces the company’s commitment to reach net-zero GHG emissions by 2050.

“Many scientists believe that it is still possible to limit global temperature rise to 1.5°C, but that we are dangerously close to that threshold,” said Brilliant Earth Co-Founder and CEO Beth Gerstein in a statement. “The greenhouse gas emissions targets are a major milestone in Brilliant Earth’s journey to create a more ethical jewelry industry. We hope our transparency and goal setting encourages other stakeholders and industry players to align with climate science and commit to science-based net-zero targets. Together, we can be a force for positive change.”

To reach net zero GHG emissions across its value chain by 2050, Brilliant Earth has set the following near and long-term targets:

• Near-term1: Reduce absolute Scope 1 and 2 GHG emissions 54.6% by 2033 from a 2023 base year, and reduce absolute Scope 3 GHG emissions 32.5% within the same timeframe.
• Long-term2: Reduce absolute Scope 1 GHG emissions 90% by 2050 from a 2023 base year, and reduce absolute Scope 2 GHG emissions by 100% and absolute Scope 3 GHG emissions 90% within the same timeframe.

Brilliant Earth has already been working toward its targets, including calculating GHG emissions since 2018. Through the use of renewable energy credits, the company has used this data to reduce its Scope 2 market-based emissions for energy use to zero since 2022. The company's Scope 2 target is to increase direct sourcing of renewable energy. This strategy is already underway with new showrooms opening in 2024 using renewable energy.