Artnet AG
Artnet AG, a leading player in the art market, is headquartered in Germany and operates extensively across Europe and North America. Founded in 1989, the company has established itself as a pivotal resource for art professionals and collectors, offering a comprehensive suite of services that includes an online auction platform, art price database, and gallery listings. Artnet's unique offerings, such as its extensive database of auction results and market analysis tools, empower users to make informed decisions in the dynamic art industry. With a strong market position, Artnet AG has achieved notable milestones, including the launch of its innovative online auction platform, which has transformed the way art is bought and sold. As a trusted name in the art world, Artnet continues to shape the future of art commerce through technology and expertise.
DitchCarbon Score
How does Artnet AG'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 Retail Trade 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
Artnet AG's score of 24 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Artnet AG's reported carbon emissions
In 2022, Artnet AG reported total carbon emissions of approximately 74,583,000 kg CO2e, which includes 72,542,000 kg CO2e from Scope 1 and 2,041,000 kg CO2e from Scope 2 (market-based). The company also disclosed Scope 3 emissions of about 900,977 kg CO2e. This represents a decrease from 2021, where total emissions were approximately 89,432,000 kg CO2e, with Scope 1 emissions at 78,108,000 kg CO2e and Scope 2 emissions (market-based) at 11,325,000 kg CO2e. Despite these figures, Artnet AG has not set specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction strategies indicates a need for further action in addressing their carbon footprint. The company operates within an industry context that increasingly prioritises sustainability, making it essential for them to develop and implement effective climate strategies moving forward.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 72,025,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 11,850,000 | 00,000,000 | 0,000,000 |
| Scope 3 | - | - | 000,000 |
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.
Artnet AG 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.
