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Public Profile
Business Services
US
updated 5 months ago

Sotheby'S, Inc.

Company website

Sotheby’s, Inc., a renowned name in the art and luxury auction industry, is headquartered in the United States, with significant operations across Europe, Asia, and the Americas. Founded in 1744, Sotheby’s has established itself as a leader in the auction market, specialising in fine art, antiques, jewellery, and collectibles. The company is celebrated for its unique approach to auctions, combining traditional methods with innovative technology to enhance the bidding experience. Notable achievements include record-breaking sales and a strong market position, making Sotheby’s a trusted choice for collectors and investors alike. With a commitment to excellence and a rich heritage, Sotheby’s continues to shape the landscape of the global art market.

DitchCarbon Score

How does Sotheby'S, Inc.'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.

25

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.

42

Industry Benchmark

Sotheby'S, Inc.'s score of 25 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

0%

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Sotheby'S, Inc.'s reported carbon emissions

Sotheby'S, Inc., headquartered in the US, currently does not have publicly available carbon emissions data for the most recent year, as indicated by the absence of specific figures. The company is a current subsidiary of Sotheby's, which may influence its climate commitments and reporting practices. Despite the lack of specific emissions data, Sotheby'S, Inc. is part of a broader corporate family that engages in various climate initiatives. The company does not have documented reduction targets or commitments under the Science Based Targets initiative (SBTi) or other recognised frameworks. Additionally, there are no climate pledges or specific reduction initiatives reported. As a subsidiary, Sotheby'S, Inc. may inherit climate-related strategies and performance metrics from its parent organisation, Sotheby's. However, without explicit data or commitments outlined, it is challenging to assess the company's direct impact on carbon emissions or its climate strategy. In summary, while Sotheby'S, Inc. is positioned within a corporate structure that may prioritise sustainability, specific emissions data and reduction targets are currently unavailable, limiting the ability to evaluate its climate commitments effectively.

Industry emissions intensity

Very low
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Medium
High
Very high
Some industries are more carbon intensive than others. Sotheby'S, Inc.'s primary industry is Other business services (74), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
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Medium
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Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Sotheby'S, Inc. is in US, which has a low grid carbon intensity relative to other regions.

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, Inc. 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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