LVMH: 25 years of green history
LVMH Maisons have grown and thrived thanks to a long-term perspective and patience. Their products, crafted from natural raw materials that are often rare and exceptional, embody our quest for perfection, sustainability and transmission of savoir-faire. This long-term vision dictates respect for nature, which plays an integral role in the success of LVMH. The strong conviction that we must proactively apply our energies led to the creation of the LVMH Environment Department 25 years ago.
The Environmental Charter signed by Bernard Arnault in 2001 defines the Group’s goals and strategy:
- Aim for a high level of environmental performance;
- Foster a collective commitment;
- Control environmental risks;
- Design high-quality products by integrating environmental innovation and creativity;
- Pursue commitments beyond the company.
LIFE, LVMH INITIATIVES FOR THE ENVIRONMENT
The LIFE (LVMH Initiatives For the Environment) program was created in 2012 to elevate the environmental performance of LVMH and its Maisons. This program makes environmental imperatives an integral part of management processes and facilitates the creation of new environmental management tools while encouraging innovative practices at the different Maisons.
The LIFE program is implemented by the executive committee of each Maison as an integral component in the strategic business plan. It centers on nine key environmental performance factors. Each Maison establishes an action plan focused on strategic priorities, along with indicators to track performance.
LVMH took its environmental commitments to a new level in 2016 with the launch of LIFE 2020, which sets four concrete objectives shared by all Maisons:
- Product objective: Improve the environmental performance of all our products.
- Supply Chain objective: Apply the highest environmental standards across 70% of our procurement chains.
- CO2 objective: Reduce CO2 emissions from energy consumption by 25% compared with 2013.
- Site objective: Improve the environmental performance of all sites and stores by at least 10%
LVMH’s environmental performance strategy, best practices and indicators are detailed each year in the LVMH Environmental Report.
> View all environmental reports since 2002.
> Learn more about Group Governance and SRI.
> Download the most recent environmental report
> Download LVMH Code of Conduct
> Downlad the LVMH Supplier Code of Conduct
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Spotlight on Future LIFE event: 25 years of green history at LVMH
In 2017, LVMH celebrated the 25th anniversary of its Environment Department with a special event called “Future LIFE”.
LVMH Ethics & Compliance Policy
As the leader in its industry, LVMH has a particular responsibility to demonstrate exemplary behavior. This is why LVMH signed the United Nations Global Compact in 2003. Along with the Universal Declaration of Human rights, this document inspired the definition of the Code of Conduct adopted by the LVMH Group in 2009, which was circulated to all employees.
Animal Sourcing Principles
LVMH is a member of the Business for Social Responsibility (BSR) network, which is a global leader in the corporate social, societal and environmental responsibility fields.
LVMH Houses powered by renewable energies!
Whether solar, wind, geothermal, tides or vegetation, renewable energy sources all share very limited (or even zero) carbon footprints, giving them pride of place in the global transition to clean energies. Renewal energies are also a priority in LVMH’s environmental policy. TAG Heuer and Loro Piana are among the LVMH Houses that are leading the way.
LVMH establishes internal carbon fund
LVMH established an internal carbon fund in November 2015, the first such initiative in the history of the Group. This initiative aims to create a virtuous circle to reduce greenhouse gas emissions generated by the Group and its Houses, contributing to international efforts to limit global warming. Watch this animated video to learn how the new fund works.
Construction: green buildings
The construction industry is the world’s third-largest source of greenhouse gas emissions. This has led LVMH to make environmental performance a priority criteria for all its sites, whether warehouses, stores or offices. Two truly remarkable projects illustrate this policy.
Logistics to meet climate challenges
LVMH has conducted environmental audits at most of its Houses since 2002, enabling precise measurement of the contribution of logistics to its greenhouse gas emissions. This has led to a series of actions over the past two decades to deliver merchandise using methods that combine operational performance and environmental excellence, whether the transport distances are long or short. Discover several emblematic examples.
Electric vehicles clear the air!
Delegates to the COP21 meeting will be transported by electric cars, underscoring the role of green mobility in the fight against climate change. This conviction is firmly embedded at LVMH, illustrated by initiatives at two of the Group’s wines and spirits houses, Hennessy and Moët & Chandon.
Reducing the retail energy appetite
Some 70% of LVMH’s greenhouse gas emissions are attributable to energy consumption at the Group’s stores, which span over a million square meters of retail floorspace worldwide. To help fight climate change, LVMH and its Houses have placed priority on improving the energy performance of retail spaces.
The LIFE program, Bulgari example
Like all LVMH Houses, Bulgari has integrated the LIFE program in its strategic plan. The executive committee, with support from operational teams, defined an ambitious agenda to strengthen and structure initiatives that have already been implemented.
CEDRE recycling platform
Since 2010, LVMH Perfumes & Cosmetics Houses and Sephora have been using CEDRE, a platform to sort, recycle and recover waste.
Wood from sustainably managed forests for Hennessy barrels
Located in Cognac, the Sarrazine cooperage manufactures, maintains and repairs the barrels which contain Hennessy eaux-de-vie, to ensure they age properly.
Eco-design at Guerlain
At Guerlain, eco-design is a source of innovation for teams, challenging them to be creative and think differently about the luxury of tomorrow, placing emphasis on greater responsibility and sustainability throughout the entire product life cycle.
The Louis Vuitton Drôme workshop
Conform to the demanding High Environmental Quality (HQE) standard, the Louis Vuitton Drôme workshop was designed and built to meld seamlessly with the landscape. The largest green roof on an industrial building in France contributes to its perfect integration.