STOCK TITAN

Brilliant Earth Unveils Fourth Annual Mission Report Marking the Company’s Landmark 20th Anniversary

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Very Positive)
Tags

Brilliant Earth (Nasdaq: BRLT) has released its 2024 Mission Report, marking its 20th anniversary and highlighting significant achievements in sustainability, transparency, compassion, and inclusion. The company launched the Jane Goodall Collection, featuring repurposed gold and innovative CO2-captured lab diamonds, with 10% of proceeds supporting conservation efforts.

Key accomplishments include:

  • SBTi validation of net-zero emission reduction targets
  • Reuters Sustainability Trailblazer Award recognition
  • 99% repurposed gold sourcing, up 3% from 2023
  • 364% increase in Fairmined gold purchases
  • $443,000 committed to global nonprofit partners

The company has set ambitious goals: achieving 100% repurposed or Fairmined gold and silver by 2025, ensuring 50% of lab diamond inventory uses renewable energy for cutting and polishing, and reaching net-zero emissions across operations by 2050.

Brilliant Earth (Nasdaq: BRLT) ha pubblicato il suo Rapporto sulla Missione 2024, celebrando il suo 20° anniversario e evidenziando risultati significativi in sostenibilità, trasparenza, compassione e inclusione. L'azienda ha lanciato la Jane Goodall Collection, che presenta oro riutilizzato e innovativi diamanti da laboratorio catturati tramite CO2, con il 10% dei proventi a sostegno degli sforzi di conservazione.

I principali traguardi includono:

  • validazione SBTi degli obiettivi di riduzione delle emissioni nette zero
  • riconoscimento con il premio Reuters Sustainability Trailblazer
  • 99% di approvvigionamento di oro riutilizzato, in aumento del 3% rispetto al 2023
  • aumento del 364% negli acquisti di oro Fairmined
  • $443.000 impegnati a favore di partner no profit globali

L'azienda ha fissato obiettivi ambiziosi: raggiungere il 100% di oro e argento riutilizzati o Fairmined entro il 2025, garantire che il 50% dell'inventario di diamanti da laboratorio utilizzi energia rinnovabile per il taglio e la lucidatura, e raggiungere emissioni nette zero in tutte le operazioni entro il 2050.

Brilliant Earth (Nasdaq: BRLT) ha publicado su Informe de Misión 2024, celebrando su 20º aniversario y destacando logros significativos en sostenibilidad, transparencia, compasión e inclusión. La compañía lanzó la Jane Goodall Collection, que presenta oro reutilizado y innovadores diamantes de laboratorio capturados mediante CO2, con el 10% de los ingresos destinados a apoyar esfuerzos de conservación.

Los logros clave incluyen:

  • validación SBTi de los objetivos de reducción de emisiones netas cero
  • reconocimiento con el premio Reuters Sustainability Trailblazer
  • 99% de abastecimiento de oro reutilizado, un aumento del 3% respecto a 2023
  • aumento del 364% en las compras de oro Fairmined
  • $443,000 comprometidos con socios sin fines de lucro a nivel mundial

La empresa se ha fijado objetivos ambiciosos: lograr el 100% de oro y plata reutilizados o Fairmined para 2025, asegurar que el 50% del inventario de diamantes de laboratorio utilice energía renovable para el corte y pulido, y alcanzar emisiones netas cero en todas las operaciones para 2050.

브릴리언트 어스 (Nasdaq: BRLT)는 2024년 미션 리포트를 발표하며 20주년을 기념하고 지속 가능성, 투명성, 연민 및 포용성에서의 중요한 성과를 강조했습니다. 이 회사는 제인 구달 컬렉션을 출시했으며, 여기에는 재활용된 금과 혁신적인 CO2 포집 실험실 다이아몬드가 포함되어 있으며, 수익의 10%는 보존 노력에 지원됩니다.

주요 성과는 다음과 같습니다:

  • 넷 제로 배출 감소 목표에 대한 SBTi 검증
  • 로이터 지속 가능성 개척자 상 수상
  • 재활용된 금 조달 비율 99%, 2023년 대비 3% 증가
  • 페어마인드 금 구매 364% 증가
  • 전 세계 비영리 파트너에게 $443,000 약정

회사는 2025년까지 100% 재활용 또는 페어마인드 금과 은을 달성하고, 실험실 다이아몬드 재고의 50%가 절단 및 연마에 재생 가능 에너지를 사용하도록 보장하며, 2050년까지 모든 운영에서 넷 제로 배출을 달성하는 야심찬 목표를 세웠습니다.

Brilliant Earth (Nasdaq: BRLT) a publié son Rapport de Mission 2024, célébrant son 20e anniversaire et mettant en avant des réalisations significatives en matière de durabilité, de transparence, de compassion et d'inclusion. L'entreprise a lancé la Jane Goodall Collection, qui présente de l'or réutilisé et des diamants de laboratoire capturés par CO2, avec 10% des bénéfices soutenant les efforts de conservation.

Les principales réalisations comprennent:

  • validation SBTi des objectifs de réduction des émissions nettes nulles
  • reconnaissance par le prix Reuters Sustainability Trailblazer
  • 99% d'approvisionnement en or réutilisé, soit une augmentation de 3% par rapport à 2023
  • augmentation de 364% des achats d'or Fairmined
  • $443,000 engagés envers des partenaires à but non lucratif à l'échelle mondiale

L'entreprise s'est fixé des objectifs ambitieux: atteindre 100% d'or et d'argent réutilisés ou Fairmined d'ici 2025, garantir que 50% de l'inventaire de diamants de laboratoire utilise des énergies renouvelables pour la taille et le polissage, et atteindre des émissions nettes nulles dans toutes les opérations d'ici 2050.

Brilliant Earth (Nasdaq: BRLT) hat seinen Mission Report 2024 veröffentlicht und feiert damit sein 20-jähriges Bestehen, während es bedeutende Errungenschaften in den Bereichen Nachhaltigkeit, Transparenz, Mitgefühl und Inklusion hervorhebt. Das Unternehmen hat die Jane Goodall Collection ins Leben gerufen, die aus wiederverwendetem Gold und innovativen CO2-gefängnis Labor-Diamanten besteht, wobei 10% der Einnahmen zur Unterstützung von Naturschutzmaßnahmen verwendet werden.

Wichtige Erfolge umfassen:

  • SBTi-Validierung der Netto-Null-Emissionsreduktionsziele
  • Auszeichnung mit dem Reuters Sustainability Trailblazer Award
  • 99% wiederverwendetes Gold, ein Anstieg um 3% im Vergleich zu 2023
  • 364% Anstieg der Fairmined Goldkäufe
  • $443.000, die an globale gemeinnützige Partner vergeben werden

Das Unternehmen hat sich ehrgeizige Ziele gesetzt: bis 2025 100% wiederverwendetes oder Fairmined Gold und Silber zu erreichen, sicherzustellen, dass 50% des Labor-Diamantbestands erneuerbare Energien für Schneiden und Polieren nutzen, und bis 2050 Netto-Null-Emissionen in allen Betriebsabläufen zu erreichen.

Positive
  • None.
Negative
  • None.

SAN FRANCISCO, March 12, 2025 (GLOBE NEWSWIRE) -- Brilliant Earth Group, Inc. (Nasdaq: BRLT), a global leader in ethically sourced fine jewelry, today released its 2024 Mission Report which celebrates and builds upon two decades of innovation and impact. This year's report highlights the Company’s ongoing commitment to transparency, sustainability, compassion, and inclusivity, reinforcing its role as an industry leader.

In 2024, the Company’s impact was reflected in its products, planet-first practices, and partnerships — including the launch of the Jane Goodall Collection, which supports crucial conservation efforts of the Jane Goodall Institute with a portion of proceeds from each purchase. Brilliant Earth’s net-zero emissions reduction targets were validated by the Science Based Targets initiative, and the Company continued its global partnerships through the Brilliant Earth Foundation.

“We are pleased to report on our progress toward creating a better world through our ongoing Mission initiatives,” said Beth Gerstein, Co-Founder and CEO of Brilliant Earth. “This year, we made significant strides in advancing our goals in sustainability, transparency, compassion, and inclusion. Among the many highlights of our work was the launch of the Jane Goodall Collection, a partnership that represents the values and planet-first innovation that are deeply embedded in our brand DNA. We are also proud to have our work recognized by the Science Based Targets initiative and the Reuters Sustainability Awards for which we received the highest honors. We will build on the many achievements of this year as we continue our aim to drive meaningful impact.”

The Mission Report categorizes the Company's progress to date across four key pillars. Highlights from 2024 include:

  • Sustainability
    • Partnered with Dr. Jane Goodall on a Groundbreaking Collection: The exclusive, limited edition fine jewelry collection was created using repurposed gold and the Company’s innovative Capture Collection lab diamonds, made with CO2 captured before it is released into the atmosphere. Ten percent of the collection's proceeds benefit the Jane Goodall Institute, supporting conservation, research, and education programs.
    • SBTi Targets Validation: The Company’s net-zero emission reduction targets across its operations and supply chain were validated by the Science Based Targets initiative (SBTi), achieved in under a year.
    • Internationally Recognized by Reuters for Sustainability Efforts: Beth Gerstein, Co-Founder and CEO, won the 2024 Reuters Sustainability Trailblazer Award, which recognizes her pioneering leadership in the jewelry industry, stewardship of diamond innovation, the transformative partnership with Dr. Jane Goodall, and her role as a Pure Earth Council Member.
    • Upheld Planet-first Energy Practices in Showrooms: In 2024, our three new showroom locations—in New York City and Boston—were built to use our reduced lighting plan for energy efficiency. In 2024, the Company directly sourced carbon-free energy for select showrooms, averting 96 metric tons of CO2 emissions.
  • Transparency
    • Advanced Circularity and Ethical Sourcing of Precious Metals: Confirmed 99% of gold as repurposed, increasing from 2023 by 3%. The Company furthered its commitment to artisanal mining by expanding its Fairmined Gold Collection to include bridal styles, leading to an increase in Fairmined purchases by 364%. In 2024, the Company supported small-scale Fairmined-certified gold miners in Peru through gold purchases. Additionally, the Company joined the Amazon Gold Working Group along with indigenous communities, NGOs, and government officials to create lasting, positive change in the Amazon.
    • Strengthened Diamond Assortment: Launched the Flawless Collection, a premium curation of natural and lab diamonds hand-selected for the highest grades across the 4 C’s and ethical sourcing.
    • Continued Jewelry Industry Leadership: Joined Originalluxury, an initiative that empowers brands to collaborate on innovation and tech solutions for transparency and traceability.
  • Compassion
    • Invested in the Future of Tanzanian Mining Communities:
      • Broke ground on the Gem Legacy Gem Faceting School, pledging $300,000 over 3 years to construct the school and dormitories to train the next generation of Tanzanian gemstone cutters. 
      • Funded a grant to Gem Legacy for the Kitarini Primary School Meal Program in Tanzania, serving 372,800 school meals to 950 children over 12 months, resulting in a 90% increase in attendance and a 93% increase in final exam passing rates. 
    • Improved Ethical Gold Mining Environments: Supported the reforestation of the Peruvian Amazon with over 2,000 new native saplings planted across 1.45 hectares, improving the surrounding environment of Fairmined mines.
    • Furthered the Impact of the Brilliant Earth Foundation: Committed over $443,000 to global nonprofit partners in the areas of social impact, climate action, and responsible sourcing.
    • Volunteering: Increased employee giving back and volunteer hours by 62%.
  • Inclusion
    • Fostered a Culture of Empowerment: The Company is a 5-time winner of Built In’s Best Places to Work® and was Certified as a Great Place to Work in 2024.

In the report, Brilliant Earth has also set forward its goals for the years ahead. Highlights include:

  • By 2025
    • 100% of gold and silver to be repurposed or Fairmined, with a year-over-year increase in repurposed platinum.
    • 50% of lab diamond inventory to be cut and polished using renewable energy.
  • By 2033
    • On the path to net zero, meet SBTi near-team targets:
      • Reduce Scopes 1 and 2 GHG emissions by 54.6% from a 2023 base year.
      • Reduce Scope 3 GHG emissions by 32.5% from a 2023 base year.
  • By 2050
    • Reach net zero emissions across operations and supply chain.

About Brilliant Earth
Brilliant Earth is an industry-disrupting global leader in ethically sourced fine jewelry. The Company's mission since its founding in 2005 has been to create a more transparent, sustainable, and compassionate jewelry industry. With a premium brand, curated proprietary product assortment, seamless omnichannel shopping experience, and asset-light, data driven business model, Brilliant Earth is transforming the jewelry industry. 2024 full year Net Sales were $422 million and the Company has reported positive Adjusted EBITDA for 14 consecutive quarters since going public in 2021. Headquartered in San Francisco, CA and Denver, CO, Brilliant Earth has 40 showrooms and counting across the United States and has served customers in over 50 countries worldwide.

Media Contact:
Marisa Ochoa
marisa.ochoa@brilliantearth.com


FAQ

What are the key sustainability achievements in Brilliant Earth's (BRLT) 2024 Mission Report?

BRLT achieved SBTi validation for net-zero targets, launched the Jane Goodall Collection using CO2-captured lab diamonds, and won the Reuters Sustainability Trailblazer Award.

How much repurposed gold did Brilliant Earth (BRLT) use in 2024?

BRLT confirmed 99% of its gold was repurposed in 2024, representing a 3% increase from 2023.

What are Brilliant Earth's (BRLT) environmental targets for 2025?

BRLT aims to achieve 100% repurposed or Fairmined gold and silver, and ensure 50% of lab diamond inventory is cut and polished using renewable energy.

How much did Brilliant Earth (BRLT) invest in social impact through its Foundation in 2024?

The Brilliant Earth Foundation committed over $443,000 to global nonprofit partners focusing on social impact, climate action, and responsible sourcing.

What is the significance of BRLT's Jane Goodall Collection partnership?

The collection features repurposed gold and CO2-captured lab diamonds, with 10% of proceeds supporting the Jane Goodall Institute's conservation, research, and education programs.
Brilliant Earth Group, Inc.

NASDAQ:BRLT

BRLT Rankings

BRLT Latest News

BRLT Stock Data

20.50M
13.28M
6.73%
31.69%
0.52%
Luxury Goods
Jewelry, Silverware & Plated Ware
Link
United States
SAN FRANCISCO