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Brilliant Earth Unveils Fourth Annual Mission Report Marking the Company’s Landmark 20th Anniversary
BRLTBrilliant Earth (BRLT) GlobeNewswire·2025-03-12 20:25

Core Insights - Brilliant Earth Group, Inc. released its 2024 Mission Report, emphasizing its commitment to transparency, sustainability, compassion, and inclusivity, reinforcing its leadership in the ethically sourced fine jewelry industry [1][3] Sustainability - Launched the Jane Goodall Collection, with 10% of proceeds supporting the Jane Goodall Institute, utilizing repurposed gold and lab diamonds made from captured CO2 [2][3] - Achieved validation of net-zero emission reduction targets by the Science Based Targets initiative (SBTi) within a year [2][3] - Received the 2024 Reuters Sustainability Trailblazer Award for leadership in sustainability and innovation [3] - Implemented energy-efficient practices in new showrooms, sourcing carbon-free energy and avoiding 96 metric tons of CO2 emissions [3] Transparency - Confirmed 99% of gold as repurposed, a 3% increase from 2023, and expanded Fairmined Gold Collection, leading to a 364% increase in Fairmined purchases [3] - Launched the Flawless Collection, focusing on ethical sourcing and high-quality diamonds [3] - Joined Originalluxury to enhance collaboration on transparency and traceability in the jewelry industry [3] Compassion - Committed 300,000overthreeyearstoestablishtheGemLegacyGemFacetingSchoolinTanzania,supportinglocalminingcommunities[3][5]FundedamealprogramforKitariniPrimarySchoolinTanzania,serving372,800mealsandsignificantlyimprovingattendanceandexampassingrates[5]InclusionRecognizedasaGreatPlacetoWorkin2024andafivetimewinnerofBuiltInsBestPlacestoWork[5]Setgoalsfor2025toensure100300,000 over three years to establish the Gem Legacy Gem Faceting School in Tanzania, supporting local mining communities [3][5] - Funded a meal program for Kitarini Primary School in Tanzania, serving 372,800 meals and significantly improving attendance and exam passing rates [5] Inclusion - Recognized as a Great Place to Work in 2024 and a five-time winner of Built In's Best Places to Work [5] - Set goals for 2025 to ensure 100% of gold and silver is repurposed or Fairmined, and 50% of lab diamond inventory is processed using renewable energy [5] Financial Performance - Reported full-year net sales of 422 million in 2024 and positive Adjusted EBITDA for 14 consecutive quarters since going public in 2021 [4]