Friday 5 March 2021

Auction house Christie’s pledges to become net zero by 2030

British auction house Christie's has pledged to become a net zero carbon company by 2030.

It is committing to a 50% reduction in its carbon emissions, achieving 90% diversion from landfill for its waste and providing all clients with packaging and printed material that is 100% recyclable.

The company is setting its carbon reduction goals aligned to the needs of climate science and has committed to the Science Based Target initiative, becoming the first auction house to apply for the accreditation.

To achieve its targets, Christie's is addressing four key areas: shipping and logistics; business travel; energy, waste and water from its buildings; and printed materials.

It is committing to annual reporting of future emissions and its progress towards targets, the first of which will be published later this year.

CEO Guillaume Cerutti said: “As a market leader, Christie's has a special responsibility in terms of protecting our environment and building a more sustainable business for now and for the future. We are committing to defined targets and transparent communication of our progress, while supporting collaboration across the industry.”