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 total carbon emissions of approximately 8,448,000 kg CO2e, all of which fall under Scope 3 emissions, specifically from business travel. This marks a significant focus on indirect emissions, as there is no reported data for Scope 1 or Scope 2 emissions for this year. Looking back at 2022, Christie's total emissions were approximately 12,603,000 kg CO2e, with Scope 1 emissions from mobile combustion accounting for about 6,642,000 kg CO2e and Scope 3 emissions from business travel contributing approximately 5,961,000 kg CO2e. In 2021, the total was approximately 7,916,000 kg CO2e, with Scope 1 emissions at about 6,355,000 kg CO2e and Scope 3 emissions at approximately 1,561,000 kg CO2e. The trend indicates a reduction in total emissions from 2021 to 2023. Christie's has set ambitious reduction targets, aiming 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 commitment reflects a proactive approach to managing their carbon footprint and aligns with industry standards for climate action. Overall, Christie's is actively working to address its carbon emissions, particularly through its focus on business travel, while setting clear targets for future reductions.
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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.
