MASHINIi

PETRA DIAMONDS LIMITED.

PDL.LSE | Other mining and quarrying n.e.c.

Petra Diamonds Limited is a leading independent diamond mining group and a supplier of rough diamonds to the international market. The company has a diversified portfolio, including interests in several producing underground mines in South Africa and Tanzania. Petra Diamonds is involved in the explo...Show More

Ethical Profile

Mixed.

Not enough information to create an ethical profile.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect50
-100100
Fair Trade & Ethical Sourcing40
-100100
Honest & Fair Business0
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business-40
-100100
Respect for Cultures & Communities40
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

0

No evidence available to assess PETRA DIAMONDS LIMITED on Better Health for All.

Fair Money & Economic Opportunity

0

Petra Diamonds Limited is a diamond mining group and does not primarily operate as a financial institution offering lending or deposit services to consumers. Therefore, several KPIs related to consumer financial products, pricing, fees, data accessibility, lending compliance, debt burden, geographic inclusion for financial services, and product simplicity are not applicable to its core business model, resulting in a score of 0 for these metrics. While the company engages in community development initiatives, including SMME loans, social investment, financial literacy programs, and homeownership support, the provided articles do not contain the specific quantitative data (e.g., percentages of a total loan book, pre-tax profit, or program reach/outcomes) required by the rubric's tiers to score the inclusion initiatives, wealth building outcomes, profit reinvestment, and financial literacy initiatives KPIs, leading to their omission.

Fair Pay & Worker Respect

50

The company's safety performance is strong, with a Lost Time Injury Frequency Rate (LTIFR) of 0.28 in 2025.

1
Petra Diamonds has achieved zero fatalities for five consecutive years from 2021 to 2025
2
and celebrated 7 fatality-free years as of May 15, 2024.
3
The voluntary turnover rate for staff and fixed-term contractors was 3.9%.
4

Fair Trade & Ethical Sourcing

40

In FY2025, 95% of total procurement in South Africa was directed towards local suppliers.

1
In FY2024, 93% of total procurement at Williamson in Tanzania went to local suppliers.
2
The company states that 100% of its production is certified as conflict-free.
3
For the last three years, no substantiated child or forced labor incidents have been reported, with the company outlining steps taken to address modern slavery and human trafficking risks throughout its supply chain.
4

Honest & Fair Business

0

No evidence available to assess PETRA DIAMONDS LIMITED on Honest & Fair Business.

Kind to Animals

0

No specific, concrete data points were found in the provided articles for any of the 'Kind to Animals' KPIs. Information regarding cruelty-free certifications, alternative testing methods, humane certifications for operations, ethical input substitution, animal-related supplier audits, cage-free sourcing, animal testing policies or volume, innovation investment in animal-free technologies, animal agriculture ethics, animal-free R&D collaboration, or public policy engagement specifically for animal welfare was not available. While articles mentioned the dedication of land for nature reserves (e.g., 67,000 hectares in South Africa

1
and 906 hectares in Tanzania
2
), the quantitative thresholds for the 'wildlife_conservation_impact' KPI are tied to a percentage of revenue invested in conservation, which was not provided.

No War, No Weapons

0

No evidence available to assess PETRA DIAMONDS LIMITED on No War, No Weapons.

Planet-Friendly Business

-40

Petra Diamonds diverted 99% of dry waste from landfill in FY24.

1
Currently, 13% of its operational energy consumption is sourced from renewables. The company has committed to a short-term target of reducing Scope 1 and 2 emissions by 35-40% by 2030
2
and a long-term target of net zero Scope 1 and 2 GHG emissions by 2050, but these targets are not stated as SBTi-validated.
3
Petra Diamonds aligns its reporting with TCFD recommendations
4
and includes climate scenario analysis for 1.5°C, 2.0°C, and 4.3°C pathways to identify climate-related risks and opportunities.
5
In FY24, the company recorded no significant environmental incidents.
6
It has established just transition programs, investing ZAR2 million in a driving license training program, ZAR1.3 million in a food security project, and ZAR2.5 million in a schools support program in Koffiefontein.
7

Respect for Cultures & Communities

40

Petra Diamonds has established Community Grievance Mechanisms (CGMs) at all operations

1
and an Independent Grievance Mechanism (IGM) at the Williamson mine, which launched in November 2022.
2
The company's local procurement share was 95% in South Africa in FY 2025
3
and 90% in Tanzania in FY 2023.
4
Heritage management plans are in place for sites of cultural or historic importance.
5
The company supports language inclusivity by providing its whistleblowing hotline in all local languages
6
, translating key policies into Swahili
7
, distributing Sesotho-language pamphlets
8
, and launching a radio program for community engagement.
9
Additionally, 89-90% of targeted managers and supervisory employees completed an human rights eLearning module by the end of FY 2021.
10
No cultural appropriation incidents have been reported.
11
However, Petra Diamonds agreed to a multi-million-pound settlement in May 2021 following claims of serious human rights abuses.
12
This response included compensation for victims
13
, community development projects
14
, the establishment of grievance mechanisms
15
, changing security services
16
, and terminating implicated employees.
17

Safe & Smart Tech

0

No evidence available to assess PETRA DIAMONDS LIMITED on Safe & Smart Tech.

Zero Waste & Sustainable Products

0

No evidence available to assess PETRA DIAMONDS LIMITED on Zero Waste & Sustainable Products.

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.