Better Health for All

ARTNET AG's core business in the art market has no direct health impact, leading to a neutral score for several KPIs. The company reports no data breaches to date.

The company states its security updates have made it a very secure platform, indicating a perfect safety record for data-related adverse events. For healthcare data responsibility, Artnet ensures strict confidentiality of personal data, meets and often surpasses legal standards, has implemented GDPR, and holds EU-US and Swiss-US Privacy Shield certifications, conducting quarterly reviews. However, the company's health equity programs, such as donations to GLSEN and partnerships with Free Arts NYC, are not quantified in terms of revenue share or reach to vulnerable populations. Similarly, while Artnet offers employees education on healthy living and mandatory workplace training, the total expenditure on these initiatives is not provided as a percentage of revenue or health-related expenditure. The company has an anonymous help and counseling service for employees, but the scale of this mental health initiative is not detailed. Artnet's efforts during the COVID-19 pandemic focused on business continuity and remote work, rather than direct health crisis response.

Fair Pay & Worker Respect

In 2023, 60% of employees found working at Artnet highly engaging and rewarding, and 77% (52% very likely + 25% likely) were likely to recommend Artnet as a workplace.

This is an improvement from 2020, when 58% (35% very likely + 23% likely) were likely to recommend the company. However, the company experienced a high turnover rate, with the number of full-time employees decreasing from 131 in the first six months of 2024 to 107 in the same period of 2025. For health insurance, Artnet offers medical and dental plans in the USA and UK, but only wellness reimbursement and training/education in Germany. The company has 129 employees in 2023, with 10 in Berlin, 103 in New York, and 14 in London.

Fair Trade & Ethical Sourcing

ART.XETRA operates as an online resource for the international art market, providing services such as an art price database, fine art auctions, and a gallery network. The company's business model is service-oriented and does not involve the procurement or trading of physical commodities or raw materials.

Consequently, the company does not have a supply chain or supplier base that would typically be assessed against the KPIs for Fair Trade & Ethical Sourcing, which are designed for businesses involved in the production or sourcing of physical goods. Therefore, all relevant KPIs are scored as N/A.

Honest & Fair Business

The provided article discusses the Corporate Transparency Act and its implications for self-employed artists operating as LLCs, detailing potential fines for non-compliance with the act.

However, the article explicitly states that no specific data, fines, or regulatory actions related to ART.XETRA or its performance against any of the Honest & Fair Business metrics are mentioned.

Kind to Animals

ART.XETRA is a service-oriented company operating an online art market, and as such, most animal welfare KPIs are not applicable to its direct operations. The company does not produce physical products, conduct animal testing, or engage in animal husbandry or agriculture. Artnet partnered with EARTHDAY.ORG’s The Canopy Project, which has planted tens of millions of trees, but the specific measurable impact on animal biodiversity or the percentage of revenue contributed is not disclosed.

The company deems its supply chain management to be at very low risk exposure as most suppliers are private individuals or galleries, and therefore does not conduct deep risk assessments for animal welfare. Artnet aims to educate its B2B clients about governmental suggestions and benefits of sustainable business practices within the art industry.

No War, No Weapons

ART.XETRA operates as an online resource for the international art market, with no evidence of involvement in arms manufacturing, military contracts, or conflict facilitation.

The company's core business activities do not include defense or arms-related operations, dual-use technology development, sales to embargoed regimes, or procurement from conflict zones. There is no indication of defense-related lobbying, assets requiring divestment, or human rights due diligence in conflict areas. While Artnet AG organized a charity auction to raise funds for Ukraine relief, allocating 50% of its buyer's premium to Global Empowerment Mission and World Central Kitchen, the proportion of this contribution relative to the company's total revenue is not specified, preventing a quantitative assessment for peacebuilding investment.

Planet-Friendly Business

ART.XETRA (Artnet AG) does not have available carbon emissions data or specific reduction targets.

The company is not participating in any tracked reduction initiatives. All key metrics, including scope emissions, renewable energy, water use, green building certifications, waste diversion, capital expenditure alignment with EU taxonomy, lifecycle impact analysis, recycled to virgin ratio, carbon offset quality, climate positive initiatives, supply chain climate transparency, supplier SBTi targets, biodiversity efforts, deforestation policy, environmental impact assessments, net-zero target year, TCFD alignment, climate scenario analysis, stranded assets transparency, water from stressed basins, packaging CO2 reduction, climate justice initiatives, just transition programs, and climate adaptation financing, are unavailable. No specific regulatory actions, violations, fines, or compliance issues are mentioned. The company has a DitchCarbon score of 20, which is lower than 92% of its industry peers, in an industry categorized by very low carbon intensity.

Respect for Cultures & Communities

ART.XETRA has established 6 formal partnerships with various organizations, which falls between the 3-5 and 10-15 partnership tiers.

The company has no reported cultural appropriation incidents and no specific cultural impact assessment protocol, which is consistent with its online art market business model. FPIC processes are not applicable to its operations. ART.XETRA made donations to Herfeh:Honarmand, an Iranian art and culture magazine, to help protect Iran’s cultural heritage, indicating active protection measures for cultural sites with no reported incidents. The concept of a social license to operate is not applicable to its business model. While an anonymous help and counseling center is available, there is no specific cultural incident response framework.

Safe & Smart Tech

The provided articles do not contain specific, quantifiable evidence for ART.XETRA (ARTNET AG) across any of the Safe & Smart Tech KPIs. , an UpGuard vendor risk assessment for Artnet, explicitly states that "No recent security news or data breaches are mentioned" and that "No quantitative data, regulatory actions, certifications, awards, comparisons to industry benchmarks, or contradictions are provided in the excerpt."

This absence of specific data means no KPI can be scored. The other articles discuss cybersecurity incidents at other companies (Christie's and Gallery Systems) and are not relevant to ART.XETRA's performance.

Zero Waste & Sustainable Products

Artnet has vague waste reduction goals, aiming to limit carbon emissions and transact more efficiently, without specific targets or deadlines.

The company aims to educate B2B clients about governmental suggestions and benefits of sustainable business practices within the art industry, and will publish guidelines for clients periodically, as well as educate them with the help of their client services team.