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LVMH

2 0 1 9 S o c i a l R e s p o n s i b i l i t y R e p o r t

22

business activities may directly or indirectly have

on society in order to prevent or mitigate them.

Staying true to its values, LVMH has signed up

to a number of major national and international

initiatives. In 2003, the LVMH Group showed its

support for universal values by signing up to the

United Nations Global Compact, demonstrating

its commitment to corporate social respon-

sibility. The Group has also pledged to align its

operations and strategy with the 10 principles in

the areas of human rights, labor, environment and

anti-corruption.

Furthermore, LVMH supports the Universal

Declaration of Human Rights, the guidelines of

the Organisation for Economic Co-operation

and Development (OECD), the Fundamental

Conventions of the International Labor

Organisation, the United Nations Women s

Empowerment Principles, the United Nations

Standards of Conduct for Business on tackling

discrimination against LGBTI people and the

French Diversity Charter. The Group s social

responsibility strategy also contributes to

achieving the United Nations 17 Sustainable

Development Goals (SDGs).

THE FOUR PILLARS OF SOCIAL RESPONSIBILITY

Conscious of the challenges facing people and

society (see p. 76), LVMH and its Maisons have

crafted a social responsibility policy that brings

their values to life and reflects their strong belief that it is people who make the difference.

Group-wide priorities shared by all the Maisons

provide a general framework for action while leav-

ing them free to identify other priorities specific to their business and individual situation, and to

adapt their own action plans.

These four priorities are as follows:

- Respecting the uniqueness of our employees

- Passing on and developing savoir-faire

- Supporting our employees by improving their

safety and well-being

- Empowering local communities

In addition, the Maisons respond to their customers

desire for meaningful engagement through their

heritage and social responsibility initiatives.

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