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.
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.
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.
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.
Sotheby's, headquartered in the US, currently does not report any specific carbon emissions data, as there are no available figures for kg CO2e emissions. Additionally, the company has not established any documented reduction targets or climate pledges. In the absence of emissions data, it is important to note that Sotheby's is actively engaged in climate initiatives, although specific details regarding these initiatives are not provided. As a member of the art and auction industry, Sotheby's is positioned within a sector increasingly focused on sustainability and reducing environmental impact. While no emissions data is cascaded from a parent company or related organisation, Sotheby's is expected to align with industry standards and practices in addressing climate change. The lack of specific targets or commitments highlights an opportunity for the company to enhance its climate strategy and contribute to broader sustainability goals within the sector.
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.