Question |
Answer |
Why is sustainability important in art investment? |
Sustainability ensures that art investments support environmentally and socially responsible practices, aligning with global efforts to promote a sustainable future. |
What factors are considered in the sustainability assessment? |
Factors include environmental practices, ethical sourcing, social responsibility, community engagement, and sustainability certifications. |
How does the tracker calculate the sustainability score? |
The tracker assigns scores to each factor based on your inputs and calculates a total sustainability score out of 100. |
Can this tool guarantee the sustainability of an investment? |
While the tool provides a comprehensive assessment, it should be used as a guide alongside professional advice for due diligence. |
How can I improve the sustainability score of my investment? |
Consider investing in artworks and institutions with strong environmental practices, ethical sourcing, and active social responsibility programs. |
What are sustainability certifications? |
Sustainability certifications are official recognitions awarded to artists or institutions that meet certain environmental and social standards. |
Does the tool store my data? |
No, all data is processed locally in your browser and is not stored or transmitted. |
Can I assess multiple investments? |
Yes, you can analyze as many investments as needed by resetting the form for each new assessment. |
Is this tool applicable to both artists and institutions? |
Yes, the tool can be used to assess the sustainability practices of individual artists as well as art institutions. |
How does community engagement affect sustainability? |
Community engagement demonstrates a commitment to social responsibility and can enhance the positive impact of art investments on society. |