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 23 is higher than 80% 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 have publicly available carbon emissions data or specific reduction targets. Without concrete figures or commitments, it is challenging to assess their climate impact or initiatives. However, as a prominent player in the auction and art market, Sotheby's is likely aware of the growing importance of sustainability and may be exploring ways to address climate change in line with industry standards. The absence of detailed emissions data highlights a potential area for improvement in transparency and accountability regarding their environmental footprint.
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 committed to any reduction initiatives 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.