In 2022, the French luxury conglomerate reduced greenhouse gas emissions by 11 percent compared to 2019.
Louis Vuitton designs Olympic medal bearer outfits for Paris 2024By the end of the year, 47 percent of LVMH 's energy was renewable, fueling a slew of other environmental and social equity measures. Image credit: Prada GroupThe group’s Social and Environmental Responsibility Report looks deeper than 2022’s financial performance, platforming its environmental progress on an intersectional level.
“Our success is only valuable if it is virtuous,” Mr. Arnault said. “It can only be sustainable if it is just. Thanks to the group’s application of the Life 360 program across its maisons, energy-related greenhouse gas emissions were reduced by 11 percent compared to a 2019 baseline in 2022. LVMH also reports that 47 percent of its energy was renewable by the end of 2022.). Executives shared the framework, outlining the four pillars, climate, biodiversity, circular economy and transparency – in 2021, concrete targets were announced for each pillar .
Industry Sectors News Retail Sustainability Biodiversity Ecofeminism Environmental Responsibility Esg Esg Report Gender Equity Gender Wage Gap Intersectional Environmentalism Lvmh Retail Sustainability
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