LVMH 2021 . C o r p o r a t e p h i l a n t h r o p y
A F I R M C O M M I T M E N T T O S U P P O R T H U M A N I T A R I A N
A N D S O C I A L C A U S E S
AT LVMH, WE ENDEAVOR TO STAY ATTUNED TO THE PEOPLE AND THE WORLD AROUND US IN ORDER TO EXPAND OUR POSITIVE SOCIAL IMPACT AND EXPRESS OUR SUPPORT
FOR THOSE IN NEED. IN THIS WAY, THE GROUP IS ABLE TO LEVERAGE ITS SUCCESS AND EXCELLENCE TO DRIVE SHARED GROWTH, PROMOTE SOCIAL INTEGRATION AND CREATE JOBS,
APPLYING ITS RESOURCES AND SKILLS TO INITIATIVES THAT SERVE THE GREATER GOOD.
Supporting job creation, entrepreneurship and regional development
LVMH helps drive economic growth and social develop- ment around the world, in all the Group s operating regions, both directly at its own sites and indirectly at its partners locations. It has launched a raft of initiatives and pays taxes in the countries and regions where it carries out its activities. The LVMH Group is a longstanding supporter of entre- preneurship. In early 2018, to help connect open innova- tion and business development with new ways of learning, the Group launched La Maison des Startups in France. This startup accelerator for the luxury industry is housed at Station F, the world s largest startup campus. In the United States, Sephora joined the Fifteen Percent Pledge, an initiative that asks businesses to dedicate 15% of their shelf space to Black-owned brands, a target which was met starting in 2021.
Facilitating access to employment and social inclusion for people who have been
marginalized on the job market
As a major employer in many labor markets, LVMH pays close attention to each region s specific employment situation. To promote social inclusion and employment for people who have been marginalized on the job mar- ket, the Group and its Maisons have forged partnerships with nonprofits and NGOs including Nos Quartiers ont des Talents in France, United Way of NYC in the United States and Daughters of Tomorrow in Asia.
Facilitating employment for people with disabilities
LVMH also takes action to promote inclusion and access to employment for people with disabilities. The Group works with organizations that specialize in training young people with disabilities and fostering social integration and access to employment. In France, it is a co-founder of ARPEJEH, a nonprofit organization that brings together around a hundred companies to guide young people with disabilities in their careers. In the United States, it supports Runway of Dreams, which works to promote employ- ment in the fashion world for people with disabilities.
Promoting access to education for young people and helping those in need
LVMH aims to put the renowned excellence of its Maisons the very foundation of their success to work in support of equal opportunity and wider access to education for young people. The Maisons have developed numerous partnerships with schools located near their sites and further afield. LVMH encourages access to higher education for all students whatever their social origins, family situation or ethnic background through its multiple partnerships with schools. LVMH and its Maisons are committed to helping disad- vantaged communities in the regions where they operate. Their contribution may take the form of employee involve- ment, product donations or financial support. UNICEF and Save the Children are among the international non- profits supported by the Group s Maisons. LVMH also supports efforts to combat sickle cell anemia through its partnerships with the Robert-Debré Hospital in Paris and the American Red Cross.