ENVIRONMENTAL IMPACT ANALYSIS - PRODUCTION OF ROUGH DIAMOND

ENVIRONMENTAL IMPACT ASSESSMENT

Published: 3 Dec 2014

Background

Growing Significance of Environmental Impact

In 2013, Frost & Sullivan had published a report "Grown Diamonds – Shaping Future of Diamond Industry". The report focused on technology impact assessment of the recent enhancements in the innovative technology of growing diamonds and it received significant industry interest.

However, one of the key areas when it comes to diamond industry is the impact that production of diamonds has on the environment. Environmental concerns have been on the forefront of discussions globally across industries and it is an area that no longer can be ignored or put on the back burner. Be it the World Economic Forum or United Nations Climate Summit, terms such as 'green economies' and sustainable development are fast taking center stage. Diamond mining has been one of the industries that have often been brought to light for environmental reasons and a lot of work is being done in the areas of sustainability especially for the environment.

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