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RNS Number : 2444L artnet AG 12 May 2022
artnet AG / Key word(s): Sustainability/Study results
artnet AG: Artnet AG Publishes ESG Report, Spearheading Sustainable Business
in the Art Market
12.05.2022
The issuer is solely responsible for the content of this announcement.
Artnet AG Publishes ESG Report, Spearheading Sustainable Business Practices in
the Art Market
Berlin / New York, May 12, 2022: Artnet AG, the leading platform for art
market data and media, and the global marketplace for fine art online-only
sales, is pleased to announce that it has published its voluntary, audited ESG
report. "In the coming years, ESG data will become increasingly important in
company valuations. Artnet is rising to this challenge, even on controversial
issues such as the high energy consumption of NFTs," says Artnet CEO Jacob
Pabst.
Investors increasingly expect transparency from companies with regard to
sustainable business practices. A high level of disclosure and comprehensible
reporting enables ESG-related data (ESG translates to Environment, Society,
Governance) to be included in investment decisions - with the aim of lowering
risks and increasing the positive impact of an investment.
Artnet AG has been a pioneer within the art market for over 30 years. By
engaging with ESG reporting and initiatives, Artnet continues its ethos of
spearheading positive change and sustainable business practices. Artnet
strives to continuously offer an environment where its employees, customers,
and stakeholders can pursue their interest in a sustainable way. Furthermore,
Artnet values its role in assisting clients in engaging with fine art and
collectibles. Whether Artnet's clients are researching, evaluating, buying, or
selling art, they count on the Company to understand both the cultural and
commercial value of art - and to ensure the responsible sale of their fine and
decorative art in a transparent, efficient, and sustainable way.
Along with Bayer AG, Deutsche Lufthansa AG, and Siemens Energy AG, Artnet AG
is a member of the new Deutsche Börse ESG Visibility Hub, which aims to
increase transparency for investors, and enable further integration of ESG
factors into investment decisions.
Please find the ESG Report here:
http://www.artnet.com/investor-relations/esg/en/artnet_ESG_2021_EN_020522.pdf
(http://www.artnet.com/investor-relations/esg/en/artnet_ESG_2021_EN_020522.pdf)
The Annual Report 2021 and more news for Shareholders and Investors are
available here: http://www.artnet.com/investor-relations/annual-reports
About Artnet
Artnet has an unparalleled 60 million unique users annually, making it the
largest global platform for fine art. Founded in 1989, Artnet has
revolutionized the way people discover, research, and collect art today.
Artnet's market data is a mission-critical resource for the art industry,
encompassing more than 15 million auction results and AI- and ML-driven
analytics providing an unparalleled level of transparency and insight into the
art market. Artnet's marketplace connects leading galleries and auction houses
with our global audience, offering a curated selection of over 250,000
artworks for sale worldwide. Artnet Auctions, the pioneering online-only
auction platform, offers unprecedented reach, liquidity, and efficiency.
Artnet News covers the events, trends, and people shaping the global art
market with up-to-the-minute analysis and expert commentary. It is the single
most-read news publication in the fine art industry, with a rapidly growing,
and dedicated audience. Together, Artnet's broad synergistic product offering
provides a comprehensive ecosystem that drives and informs the modern art
market.
Artnet AG is listed in the Prime Standard of the Frankfurt Stock Exchange, the
segment with the highest transparency standards. The majority of operations
are headquartered in New York at its wholly-owned subsidiary, Artnet Worldwide
Corporation, a New York based entity founded in 1989. Artnet Worldwide Corp.
owns a London based subsidiary, Artnet UK Ltd.
Further Investor-relations related news and publications can be found here:
http://www.artnet.com/investor-relations/
ISIN: DE000A1K0375
LEI: 391200SHGPEDTRIC0X31
Contact:
Sophie Neuendorf
sneuendorf@artnet.com
12.05.2022 Dissemination of a Corporate News, transmitted by DGAP - a service
of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: artnet AG
Oranienstraße 164
10969 Berlin
Germany
Phone: +49 (0)30 20 91 78 -0
Fax: +49 (0)30 20 91 78 -29
E-mail: info@artnet.de
Internet: www.artnet.de
ISIN: DE000A1K0375
WKN: A1K037
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in
Berlin, Dusseldorf, Stuttgart, Tradegate Exchange
EQS News ID: 1350019
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