Climate Change Data

Environmental Metrics

ESG Focus Areas

• Ethics
• Social Responsibility
• Environmental Responsibility
• Human Rights
• Climate Change
• Biodiversity
• Supply Chain Sustainability
• Governance

Environmental Achievements

• Implementation of the LIFE (LVMH Initiatives for the Environment) program with specific targets for environmental impact reduction across all Maisons.
• Development of creative circularity methods to reduce environmental impact and protect natural resources.
• Actions to combat climate change and protect biodiversity.

Social Achievements

• Commitment to fair and equitable pay practices based on Fair Wage Principles.
• Programs to promote the professional development of women and underrepresented groups.
• Initiatives to foster the employment of seniors and people with disabilities.
• Implementation of a Health and Safety Charter to foster a 'zero accident' culture.
• Adoption of a Charter on working relations with fashion models to ensure appropriate working conditions.

Governance Achievements

• Establishment of an Ethics and Sustainable Development Committee of the Board of Directors to monitor compliance with ethical and ESG standards.
• Adoption of an Anti-Corruption Charter and training programs to prevent and combat corruption.
• Implementation of a Group Alert Policy and a secure alert system to encourage reporting of violations.

Climate Goals & Targets

Environmental Challenges

• Negative environmental impacts of business activities.
• Potential human rights risks in the supply chain.
• Risks of corruption and other ethical violations.

Mitigation Strategies

• LIFE program to reduce environmental footprint.
• Supplier and Business Partner Code of Conduct to promote responsible practices.
• Anti-Corruption Charter and training to prevent corruption.
• Group Alert Policy and LVMH Alert Line to encourage reporting of violations.
• Vigilance plan to ensure business model is consistent with respect for human rights.

Supply Chain Management

Responsible Procurement

• LVMH Supplier and Business Partner Code of Conduct

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN Global Compact, UN Guiding Principles on Business and Human Rights, International Labor Organization conventions, OECD Guidelines for Multinational Enterprises