Climate Change Data

TAG Heuer Branch of LVMH Swiss Manufactures SA

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Human Rights
  • Sourcing
  • Ethics
  • Diversity and Inclusion
  • Sustainable Development

Environmental Achievements

  • ISO 14001 certified since August 14, 2022
  • Applied LVMH's energy-saving guidelines at its Manufacture and worldwide

Social Achievements

  • Launched a global Diversity and Inclusion plan based on 3 pillars: People, Culture, and Brand
  • Deployed an online training course on unconscious bias in May 2023
  • Launched a community of D&I champions in November 2023

Governance Achievements

  • Implemented KYC (Know Your Counterpart) policy to prevent money laundering and financing of terrorism
  • Established an internal alert system via the LVMH Alert Line

Climate Goals & Targets

Environmental Challenges

  • Potential human rights risks related to sourcing
  • Potential environmental impacts
  • Potential data loss and technical failure
Mitigation Strategies
  • Annual risk analysis of human rights, sourcing, and environmental impacts
  • Implementation of corrective measures to reduce potential impacts
  • Specific policies and procedures established to mitigate risks
  • Continuous action plan monitored by the Internal Control Department

Supply Chain Management

Responsible Procurement
  • LVMH Supplier Code of Conduct
  • Due diligence process in line with OECD guidelines

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN Global Compact, RJC (Responsible Jewelry Council)

Certifications: ISO 14001