RCS - artnet AG - Artnet AG Publishes ESG Report

Siemens Energy AGAnnouncement

12/05/2022 09:30

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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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