LVMH

2 0 1 9 E n v i r o n m e n t a l R e s p o n s i b i l i t y R e p o r t

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LVMH partners with Bertrand Piccard s Solar Impulse Foundation

The two partners decided to work together to step up the pace of the energy transition. In practice, LVMH agreed to share the technology it uses throughout the Group with the

Solar Impulse Foundation so it may be certified. In turn, the

foundation will assist LVMH and its Maisons to identify new

solutions to control their carbon emissions and develop clean

energy. The initial contact led in particular to improvements in

energy consumption monitoring.

Groundbreaking use of carbon accounting

Before LVMH developed carbon accounting, it measured its greenhouse gas emissions in order to minimize them. Between 2002 and 2019, LVMH carried out a carbon accounting

assessment on its main Maisons and integrated the approach

into the management of their separate environmental policies.

For example in 2019, LVMH Fragrance Brands conducted its own

carbon accounting assessment for 2018, taking better account

of upstream and downstream transportation. The volume of

emissions was estimated at 80,550 metric tons of CO 2 , 58% of

which was due to transportation.

CHRISTELLE CAPDUPUY, GLOBAL SUSTAINABLE

DEVELOPMENT DIRECTOR AT LOUIS VUITTON

At the end of 2018, Louis Vuitton conducted its carbon accounting review for year just ended (the previous review was carried out in 2015) across its entire value chain throughout the world. CO2 emissions totaled 1.2 million metric tons, primarily due to purchases of raw materials and services, transportation of goods and energy consumption. As a result, we put in place a responsible sourcing policy, bolstered our green supply chain, which was already ISO 14001 certified,

ramped up the process to replace standard lighting with LED lighting in our stores and increased the use of renewable energy in our workshops and logistics centers with the help of the LVMH carbon fund.