Material issues

We consider material issues to be those topics that have a direct or indirect impact on our ability to create or preserve economic environmental and social value for our organisation, our stakeholders and society at large. Material issues, therefore, include both risks that must be managed as well as opportunities that could be captured to enhance the viability of the business in the short, medium and long term.

Materiality determination process

Following a detailed materiality review, which utilised both internal and external research, a list of possible material issues was developed. This list reflects those issues, both positive and negative, that may impact Gem Diamonds' ability to create value.

Conduct a
thorough review
of the external
operating context


  • Global operating context
  • Global risk registers
  • Industry research
  • Peer reports

Conduct a detailed
review of internal
and business


  • Review material risks
  • Review prior and material issues (SD platform)
  • Sustainable Development Goals
  • Internal documentation
  • Media/press releases
  • Financial results

Prioritise and
verify material
issues identified


  • An online survey to rank material issues was circulated to the Board as well as employees across the operations

Report against
our identified


  • The approved issues form the basis of our sustainable development reporting