LVMH 2021 . Ta l en t
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A Y E A R O F H E I G H T E N E D S O C I A L C O M M I T M E N T
IN 2021, A YEAR IN WHICH CIRCUMSTANCES REMAINED COMPLEX, LVMH AND ITS EMPLOYEES WERE HIGHLY RESILIENT
AND CREATIVE, EMBODYING THE CORE VALUES THAT HAVE BEEN AND WILL REMAIN OUR BEST ALLY
TO CONTINUE CRAFTING THE FUTURE.
Throughout the crises we have weathered, our Group s powerful brands and talented staff have always enabled us to stand out and increase our market share. Our employees are highly committed to the Group, and listen- ing to them and providing them with a safe, stimulating work environment is a top priority. We see this mutual commitment as a virtuous circle that reflects and rein- forces our team spirit and sense of community. Just as we feel that, as leaders in our industry, it is only natural for us to reach out to those whose lives may, at times, have been rocked by adversity. With current economic condi- tions proving especially challenging for young people, LVMH has boosted its human resources initiatives aimed at this group, particularly with regard to training, access to employment and social responsibility.
Supporting our employees
In 2021, LVMH launched a powerful initiative to support its employees: the LVMH Heart Fund. This fund the only one of its kind in the world offers financial, social and psychological support to all Group employees, wherever they are located, to help them get through the most diffi- cult periods of their personal lives. This initiative addresses both the expectations voiced by employees in response to the Pulse Survey carried out within the Group in 2020, and the need to be there for and support our employees facing challenging circumstances amid an unprece- dented economic and social context. In the seven months since its launch, the LVMH Heart Fund has already received 1,300 applications from 40 countries. The well-being of our employees remained front and center, with the signing of LVMH s Health and Safety Charter by all Executive Committee members and Maison Presidents. This charter bolsters the Group s approach to occupational health and safety through 2024 and aims to develop a self-reinforcing zero accident culture.
For many years, LVMH has also worked to ensure that all of its employees are given equal opportunity throughout their careers, without discriminating based on their ethnic- ity, gender expression or identity, religion, sexual orientation, disability or any other aspect of diversity. We are deeply committed to diversity, which is one of the key drivers of the Group s performance. That s why, in 2018, the Group implemented the Inclusion Index, a tool aimed at promoting diversity and inclusion initiatives within companies. These included initiatives run under the EllesVMH program, which is aimed at boosting career development for women, who currently hold 64% of executive and man- ager positions and 44% of top management positions.
Promoting our expertise
In 2021, LVMH also stepped up its efforts to preserve its métiers d excellence (professions of excellence), as the wealth of expertise they represent is vital to its Maisons long-term future and success. The Group boasts more than 280 professions of excellence in the fields of design, craftsmanship and the customer experience, making LVMH the company with the largest variety of these professions in the world, all of which are essential components of humanity s intangible cultural heritage. These professions are carried out by more than 80,000 people within LVMH. In 2021, the entire LVMH Executive Committee and the Presidents of the Group s Maisons signed the WE for ME (Worldwide Engagements for Métiers d Excellence) agreement, aimed at recognizing this community of tal- ented craftspeople, whose work often takes place behind the scenes, far from the spotlight. To highlight their skills and attract new talent, LVMH has launched a range of initiatives to raise awareness of these noble professions among younger generations. Through its Excellent! program, the Group holds job discovery workshops for middle school students in France. LVMH s Village des