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8 9

range of other training programs available to nearly half of our 213,000 employ-

ees. Another of our long-term commitments is to sustainability, reflected in our

lasting and growing support for environmental initiatives: under our groundbreak-

ing LIFE 360 environmental program, for example, we have cut our CO

2

emissions

by almost one-third since 2019, and have substantially ramped up all the Group’s

initiatives to protect natural habitats, preserve biodiversity and take a circular

economy approach to our use of resources. Our long-term commitment is also

visible in our presence in local regions and communities, especially in France,

where we have close to 120 production sites and where our Maisons are sources

of initiative, prosperity and innovation, with a wide range of positive impacts.

Throughout its history, our Group has grown harmoniously, despite the prevailing

geopolitical uncertainties. Although those uncertainties persist, our convictions

regarding our Group’s growth prospects and each Maison’s potential remain

unchanged. LVMH will continue to cultivate the long term, nurturing balance in

its business activities and geographical growth regions, investment, innovation

and engagement. LVMH remains a family group, under the aegis of a family that

is fully invested in its future, which conveys – throughout all its Maisons – the

drive to pass on values, carry on a legacy and look toward the future, which is so

characteristic of entrepreneurial families.

LVMH will therefore continue to give all its Maisons what they need to set the

most elevated ambitions. If we are steadfast and determined, our Maisons that

are already at the zenith of global luxury will undoubtedly be joined by many other

Maisons in our Group, whose creativity and power to enchant grows by the day.

Bernard Arnault

Chairman and Chief Executive Of f icer

“LVMH will continue to cultivate the long

term, nurturing balance in its business

activities and geographical growth regions,

investment, innovation and engagement.”

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