Christie's Auction House, Art Auctions

Christie's Auction House, Art Auctions

How art auctions are doing their bit for the environment | Malay Mail

How art auctions are doing their bit for the environment | Malay Mail

26/7/2021 8:37:00 PM

How art auctions are doing their bit for the environment | Malay Mail

NEW YORK, July 26 — The art world often comes under fire for its disastrous carbon footprint. Auction houses like Christie’s are increasingly taking action to remedy the situation with initiatives such as charity sales supporting environmental causes. Christie’s is on a mission to “propel...

Christie’s will also be selling works by Antony Gormley, Rashid Johnson, Beatriz Milhazes and Xie Nanxing as part of the “Artists for ClientEarth” initiative. Most of them were sourced locally to limit their transportation, in accordance with the recommendations of the Gallery Climate Coalition. Indeed, moving artworks internationally contributes greatly to the carbon footprint of the art world. According to the organization’s estimates, shipping artworks by boat instead of by plane could reduce its climate impact by nearly 95 per cent.

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The winds of changeIn recent months, Christie’s has launched various initiatives as part of a wider push to become more environmentally friendly. The auction house has committed to cutting its carbon emissions in half by rethinking the way it operates on a daily basis, from the power supply of its buildings, to the business trips made by its teams, to the packaging and transportation of artworks.

The covid-19 pandemic helped the firm begin this transformation. Shipping emissions fell 46 per cent last year, according to a recent Christie’s report. The most drastic reduction, however, was in business travel, which accounted for 1,894 tons of CO2 emissions in 2020, compared to 13,585 the year before. Although François Pinault’s company claims that this travel is important for its business, Christie’s hopes to reduce “discretionary travel” and find ways of making any travel the firm’s teams do undertake more sustainable. headtopics.com

“As a leader in our market, Christie’s has a responsibility to build a more sustainable business and play a role in protecting the environment. We have made an important first step in setting out clear and ambitious targets... but we have a long way to go,” said the auction house CEO, Guillaume Cerutti. — ETX Studio

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