Star Rays To Become India’s First Carbon-Neutral Diamond Company
A leading Indian diamond manufacturer and exporter, Star Rays has made its entry in sustainable business practices by working towards becoming India’s first carbon-neutral diamond company. Star Rays is participating in the World Jewellery Confederation’s (CIBJO) Greenhouse Gas (GHG) Measuring and Offsetting Initiative to ensure that its carbon emissions and removals are measured in accordance with international standards.
The estimated CO2 emissions involved in laboratory-created diamond production were nearly three times greater than those from natural diamonds. The natural diamond industry is moving towards a carbon-neutral future, with the increased use of renewable energy sources in various mines.
Global warming and climate change have come to the fore as a key issue in sustainable development. Every human activity in the world releases carbon dioxide. Star Rays decided to collaborate with Carbon Expert, a carbon consultancy firm who have developed processes and best practices to help companies become carbon neutral by complying with GHG Protocol Corporate Standard.
Environmental and social responsibility has become a mission for Star Rays. Carbon neutrality is just one of a number of initiatives Star Rays has adopted to ensure that our clients can take pride in purchasing natural diamonds manufactured by an environmentally and socially-conscious company.