Sotheby's
Sotheby's, officially known as Sotheby's Holdings, Inc., is a prestigious auction house headquartered in New York, USA. Founded in 1744, it has established itself as a leader in the global art market, with major operational regions across Europe, Asia, and the Americas. Specialising in fine art, antiques, and collectibles, Sotheby's offers a unique blend of live and online auctions, catering to a diverse clientele. With a rich history marked by significant milestones, Sotheby's has become synonymous with high-value sales, including record-breaking auctions in various categories. Its core services encompass appraisals, private sales, and art advisory, setting it apart through its expertise and extensive network. Renowned for its market position, Sotheby's continues to shape the art world, making it a trusted name for collectors and investors alike.
DitchCarbon Score
How does Sotheby's's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Business Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Sotheby's's score of 25 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sotheby's's reported carbon emissions
Sotheby's, headquartered in the US, currently does not provide specific carbon emissions data or reduction targets. Without available figures on their emissions, it is unclear how they are addressing their carbon footprint. However, the absence of documented reduction initiatives or climate pledges suggests that Sotheby's may still be in the early stages of formalising its climate commitments. As the art and auction industry increasingly prioritises sustainability, it will be essential for Sotheby's to establish clear targets and strategies to mitigate its environmental impact in the future.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Sotheby's is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
