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
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I M P R O V I N G E Q UA L I T Y A N D P R O M O T I N G C A R E E R D E V E L O P M E N T F O R W O M E N
LVMH has put in place systems to support women s career
development and identify talent in order to ensure the
strong representation of women, who account for 73% of the
Group s total workforce employed on unlimited contracts. This
is reflected at every level and is one of our core ambitions. Across the Group in 2019, 65% of managerial positions and
44% of key positions were held by women, while 13 entities were headed by women.
SUPPORTING TALENTED WOMEN
LVMH is aiming to achieve balanced gender representation
in key positions. To realize this objective, the Group has
rolled out a program to offer coaching to its most promising
female talents each year. Indeed, 58% of managerial positions
at Louis Vuitton Japan are already held by women, while
Sephora is also nearing balanced gender representation.
Furthermore, the situation at Guerlain accurately reflects the Group s efforts, as the Maison is headed by a woman since
November 4th, 2019 and women make up 50% of its Executive Committee.
Each entity has its own process to identify and reduce any
gaps between the salaries awarded to men and women
within the same job category. For example, Hennessy, Moët
Hennessy Diageo and Groupe Les Echos-Le Parisien have set
aside a specific budget each year to close any gaps that may have arisen as a result of gender discrimination.
At the same time, LVMH has set up a Gender equality index
made up of five indicators that measure wage gaps between men and women as well as the differences in wage increases
and promotions, the percentage on employees who receive
a wage increase upon returning from maternity leave and
gender equality across the top 10 largest remuneration packages. In 2019, companies belonging to the LVMH Group
that employed over 1,000 people in France calculated their gender equality score using the index. Consolidated at Group
level, the score came out at 90/100.
WORLDWIDE PROGRAMS
Launched in 2007, the EllesVMH program has been flying the flag for gender equality. It brings together a range of initia- tives and unites women across different generations, Maisons
and backgrounds to help them grow and progress within the
Group. The program also champions the EllesVMH Coaching
setup. In March 2019, several projects were unveiled at the
event organized to celebrate International Women s Day,
including SHERO, an internal digital platform to boost gender
parity, and the Inclusion Index, an internal observatory to
promote and enhance diversity and inclusion.
WITH WOMEN ACCOUNTING FOR THREE QUARTERS OF ITS
WORKFORCE, THE GROUP GIVES SPECIAL CONSIDERATION TO EQUALITY
IN THE WORKPLACE AND CAREER DEVELOPMENT FOR WOMEN.
FEMALE/MALE BREAKDOWN
Wines & Spirits
62%
33%
41%
63%
38%
67%
83%
59%
83% 17%
17%
37%
Watches & Jewelry
Fashion & Leather Goods
Selective Retailing
Perfumes & Cosmetics
Other activities