Christies Sustainability Profile
Christie's, officially known as Christie's International PLC, is a premier auction house headquartered in London, GB. Established in 1766, it has become a cornerstone of the global art market, renowned for its expertise in fine art, antiques, and luxury goods. With major operational regions across Europe, the Americas, and Asia, Christie's offers a diverse range of services, including live auctions, private sales, and online bidding platforms. The auction house is celebrated for its unique offerings, such as rare paintings, exquisite jewellery, and historical artefacts, often achieving record-breaking sales. Christie's has consistently maintained a leading market position, evidenced by its notable achievements in high-value auctions and its commitment to innovation in the art world. With over two centuries of experience, Christie's continues to set the standard for excellence in the auction industry.
DitchCarbon Score
How does Christies'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 Wood Products Other Than Furniture 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
Christies's score of 31 is higher 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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Christies's reported carbon emissions
In 2023, Christie's reported significant carbon emissions, with approximately 8,448,000 kg CO2e attributed to Scope 3 emissions from business travel. This marks a notable increase from 2022, where the company recorded about 5,961,000 kg CO2e in Scope 3 emissions, alongside 6,642,000 kg CO2e in Scope 1 emissions from mobile combustion. Christie's has set ambitious reduction targets for its carbon footprint. The company aims for a 39% reduction in both Scope 1 and Scope 2 emissions by 2025, in line with a carbon budget established for a three-year plan. This target is based on a science-based approach, aiming for a 13% reduction per year. The emissions data is not cascaded from any parent organization, indicating that Christie's is independently managing its climate commitments. The company continues to focus on enhancing its sustainability practices and reducing its overall environmental impact.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 14,875,000 | 0,000,000 | 0,000,000 | 0,000,000 | - |
| Scope 2 | - | - | - | - | - |
| Scope 3 | 13,585,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
How Carbon Intensive is Christies's Industry?
How Carbon Intensive is Christies's Location?
Christies's Scope 3 Categories Breakdown
Christies's Scope 3 emissions, which increased by 42% last year and decreased by approximately 38% since 2019, demonstrating supply chain emissions tracking. Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Christies's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Christies has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
