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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The Maisons use the internal carbon fund as one of the main tools to fit out their stores in a sustainable manner. The Maisons apply a value of 30 to each metric ton of CO2 emitted, and the amount received can then be invested to increase energy efficiency, improve monitoring and reporting, and expand the use of green energy.
- 2019 CARBON FUND RESULTS
- THE INTERNAL CARBON FUND
- LVMH CARBON ACCOUNTING BY BUSINESS GROUP
138 projects launched (up 23% on 2018) by 32 Maisons (up 7% on 2018)
16.5 m in low carbon investment
5,660 metric tons of CO 2 emissions avoided in 2019
SCOPE 1 SCOPE 2 SCOPE 3
Base: 100% of scopes 1 & 2 Base: 100% of scope 3
Wines & Spirits 8.0% 3.3% 20%
Fashion & Leather Goods 7.3% 35.8% 57%
Perfumes & Cosmetics 2.0% 2.6% 16%
Watches & Jewelry 0.4% 2.9% 6%
Selective Retailing 0.7% 36.1% 1%
Other activities 0.3% 0.6% <1%
TOTAL EMISSIONS 363,960 metric tons of CO2 equivalent 2,791,000 metric tons
of CO2 equivalent*
* Based on the environmental assessment of the LVMH supply chain using 2016 data. The annual estimate is calculated on the basis of the change in sales and the number of employees in the various business groups. Transportation and significant raw materials (excluding colored gemstones) represent the main items taken into account. This figure will be updated in the third quarter of 2020.
