LVMH
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G O V E R N A N C E A N D I M P L E M E N T I N G S O C I A L R E S P O N S I B I L I T Y
ORIENTATION AND LEADERSHIP
On the Executive Committee, the Group Director of Human Resources and Synergies oversees the
Group s social responsibility. The Maisons initiate and develop a wide variety of actions under her
leadership.
Furthermore, the Ethics and Sustainable Development Committee, which is primarily composed of
independent directors, ensures application of the individual and collective values around which the
Group is built and plays a role in shaping the Group s efforts in ethics and social, societal and environ-
mental responsibility.
ORGANIZATION OF OUR APPROACH
The LVMH social responsibility strategy is split across three levels:
- General procedures and commitments that ensure the issues and objectives related to each strategic
priority are addressed
- Group-wide projects and partnerships
- Initiatives put in place by the Maisons to address their specific local needs and operations
MANAGEMENT AND REPORTING
Each Maison has its own CSR champion appointed by the HR Department who prepares CSR reports
and liaises with LVMH to ensure all initiatives remains in line with the Group strategy. The Group
maintains regular dialogue with its CSR champions, who operate within a CSR network and oversee
the deployment of priority actions and the overall coherence of the strategy. Two or three times a
year, members of the CSR network come together to review performance over the last year, determine
shared priorities for the current year, identify opportunities for collaboration, share best practice and
meet with stakeholders.
Annual reports, which collate quantitative and qualitative information, describe all the socially
responsible initiatives put in place by the Group s Maisons. LVMH uses these consolidated reports to
communicate its social responsibility policy and action in its Annual Report and Universal Registration
Document, which are supplemented by the present Social Responsibility Report. At the same time,
certain Maisons like Guerlain publish their own Social Responsibility Report.
WHILE THE GROUP S DEVELOPMENT IS ANCHORED IN SHARED SOCIAL RESPONSIBILITY
PRINCIPLES, METHODS AND ACTION PLANS, EACH MAISON APPLIES ITS CSR STRATEGY
LOCALLY IN ORDER TO SUIT ITS SPECIFIC SOCIAL CONTEXT. THE GROUP S INTERNATIONAL
REPORTING SYSTEM HELPS IT MONITOR AND REPORT ON THIS STRATEGY.
