Christie’s announces global sustainability initiative
Christie’s has confirmed its commitment to more sustainable operations, pledging to be net zero by 2030. The company 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.
Christie’s is setting its carbon reduction goals aligned to the needs of climate science, and has committed to the Science Based Target initiative (SBTi) to help achieve the 1.5°C warming trajectory required to avoid dangerous climate change. Christie’s is the first auction house to apply for this accreditation which promotes best practice and independently assesses and approves companies’ targets in line with strict criteria.
‘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,’ said Guillaume Cerutti, CEO.
Christie's will take a collaborative approach with suppliers and other stakeholders to work to reduce the collective environmental footprint up and down the supply chain. ‘We know the broader art industry shares the desire to combat climate change, and we promise to use our leadership position to drive positive change, actively looking to form collaborations with stakeholders across the art world and beyond,’ said Tom Woolston, leading Christie’s sustainability programme.
The company took the opportunity last year to reflect on its business operation and drove innovation and efficiencies around new live sale format and digital innovation. This accelerated digital transformation has moved the business forward and enhanced digital capabilities will continue to underpin a more sustainable culture. By improving and expanding the digital client experience, the environmental impact of enjoying art and luxury goods can be dramatically reduced.
The company is committing to annual reporting of future emissions and its progress towards targets, the first of which will be published later this year.