“Diversity is a tremendous source of complementary skills and wealth, making it a key success factor for LVMH and its Maisons. We have an amazing pool of talent at LVMH. Providing inspiring career growth opportunities for these ambitious women and men is essential to let us meet the challenges we face today and in the future.” Chantal Gaemperle, Group Executive Vice President Human Resources & Synergies.
LVMH continually reaffirms a commitment to diverse teams, reflecting the reality of its businesses and creating an invaluable source of performance. This commitment to diversity inspired the creation of the EllesVMH initiative in 2007.
With EllesVMH, the Group initiative for Gender Equity, LVMH encourages the professional development of women through a variety of actions.
Parity
50% of women in Group key positions by 2025
Equity
Ensuring and monitoring salary equity globally
Transmission
Leveraging the collective power of EllesVMH networks around the world
These ambitions are championed through various initiatives fostering Gender Equity with tangible results: since 2007, the percentage of women in key positions at LVMH rose from 23% to 46%. Moreover, 65% of our Executives & Managers are women and 18 women are CEOs.
To foster Gender Equity, LVMH has developed initiatives at Group level, including training, coaching and mentoring. Salary equity is monitored through an annual audit covering its entire ecosystem. Regional networks provide LVMH talents with opportunities to share their experiences, support each other’s development and take part in local events and initiatives tailored to the specificities of each market. Each Maison also deploys actions aligned with its culture, values, and strategic priorities. They are captured each year through the Inclusion Index, the Group’s internal observatory for D&I initiatives covering 6 reporting categories: Gender Equity, LGBTI+ Inclusion, Disability Inclusion, Origins (national and social), Generations & Inclusive culture.
LVMH talents have access to EllesVMH.com, the Group’s internal platform, featuring inspiring career stories, coaching tips from professional experts and self-development tools. EllesVMH.com also includes EllesVMH Collective, the Group’s digital mentoring program supporting women’s careers and connecting all talents across functions, Maisons and around the world.
In 2023, based on the results of the consolidated LVMH companies in France that employ more than 50 people, the Group achieved a Gender Equality Index score of 93.3/100. The Group uses the French government’s Gender Equality Index to assess pay inequalities between male and female employees. The score is based on five criteria: wage gaps, pay rise differences, promotion discrepancies, the percentage of employees given a pay rise on returning from maternity leave, and the number of women in the top 10 highest-paying jobs.
LVMH is a signatory of the United Nations Women’s Empowerment Principles (WEP).