ESG
The LVMH Group and its 75 Maisons – alongside their employees, partners and stakeholders – are committed to creating and embodying a form of luxury that is as sustainable as it is desirable.
The Group adopted quantitative targets for its environmental and social commitments.
Key figures
-
65 % of executive and managers
are women -
96 M € spent on environmental protection projects
in 2023 -
8,000 people recruited
in LVMH's Métiers d'Excellence
Key figures
-
66 % of Maisons have developed
a structured training policy
to respond to future challenges -
-28 % in GHG emissions
(Scope 1 & 2 - relative to 2019) - +950 social partnerships formed by the Maisons with nonprofits and foundations acting in the public interest
Our ESG commitments
LVMH’s long-term success depends not only on the Group’s solid business model and profitable growth strategy, but also on its unwavering commitment to creativity, excellence, and our environmental impact and corporate citizenship.
The Group’s commitments into action:
ENVIRONMENT LIFE 360
LVMH’s deep commitment to the environment aims to change how beauty is portrayed, to make sustainability synonymous with desirability, to make circular economy models a must, and to champion an entirely new type of relationship with nature and the living world.
LVMH leads by example to help safeguard ecosystems.
2025 CSR ROADMAP
The LVMH Group places priority on preserving and passing on our unique savoir-faire and must provide a high-quality working environment for ensuring that everyone is able to realize their potential. Our human resources policy is guided by an everdeeper commitment to fostering greater solidarity in the world, and by our belief that performance and social responsibility are perfectly complementary.
CULTURE & CREATIVITY
The role LVMH strives to play: to create exceptional products and share artists’ outstanding works, celebrate culture and offer it to the world, inspire dreams, stir up emotions and raise awareness among all people.
SHAREHOLDERS
The board of directors makes social and environmental matters an integral part of its strategic considerations. It guides the Group with a long-term view, monitors risk management policies and ensures that both shareholders rights and duties are upheld.
Find out more about the Group’s ESG commitments
and non financial indicators.
Governance
As the custodians of the Group’s long-term vision, the board of directors makes social and environmental matters an integral part of its strategic considerations. It guides the Group with a long-term view, monitors risk management policies and ensures that both shareholders rights and duties are upheld.
The Group has chosen to make use of specific skills and departments with specialist expertise to establish tailored strategies a set of principles and methodologies, and action plans. Each Maison adapts them to their own culture issues and social and geographic context, while respecting the Group’s ethical principles.
The Board-level Ethics and Sustainability Committee defines LVMH’s broad policy as regards social and environmental responsibility. The Social Responsibility Department and the Environmental Development Department then turn that policy into principles, methodologies and action plans, which each Maison adapts to the issues it faces.
LVMH’s ESG Committee works with the Group’s operational departments to support and coordinate efforts to achieve strategic targets regarding LVMH’s social and environmental responsibility. Each year, environmental and social targets become increasingly integral to LVMH’s staff compensation arrangements.
Find more information:
- Charter of the Board of Directors
- Bylaws
- Rules of procedure of the performance audit committee
- Rules of procedure of the compensation Committee
- Rules of procedure of the sustainability and governance Committee
- Internal charter on regulated and routine agreements
- Terms of office of the management and supervisory bodies
Disclosure of regulated related-party agreements pursuant to Article L. 22-10-13 of the French Commercial Code:
Non financial performance assessment
LVMH remains committed to making progress on and working each day to find better solutions to the many environmental and social challenges we and our industry face.
LVMH provides information on its performance with complete independence and transparency. In addition, the Group completes certain questionnaires from independent ratings agencies where there is no risk of conflict of interest.
All information and related figures are available in the 2023 Universal Registration Document, the 2023 Annual report, the 2023 Social and Environmental Responsibility report.
Find out more on non-financial rating agencies.
RESOURCES
- LVMH Code of Conduct
- LVMH Supplier Code of Conduct – April 2022
- Animal-based Raw Materials Sourcing Charter
- Extract from the Management report of the Board of Directors 2023 – Attracting and retaining talent
- Extract from the Management report of the Board of Directors 2023 – Environment & Sustainability
- Extract from the Management report of the Board of Directors 2023 – Ethics and responsibility