in partnership with several Group Maisons. During the

event, the second Virgil Abloh Award Presented by

LVMH went to rapper A$AP Rocky. This long-term

partnership with HFR has given rise to a range of spe-

cific actions, including events to introduce the Group’s

professions to Harlem high school students, gather-

ings for promising designers held by Louis Vuitton to

discuss issues like managing a business, and Tiffany

& Co.’s sponsorship of the “Tenacity Talks” series for

students at North Carolina A&T State University.

LVMH Heart Fund

In 2023, LVMH celebrated the second anniversary of

the LVMH Heart Fund, a global emergency and support

program for all its employees around the world. The

LVMH Heart Fund helps employees facing unexpected,

serious personal circumstances by providing them

with anonymous and confidential emergency financial

aid and/or dedicated social and psychological support.

As an employer, the Group believes it has a responsibil-

ity to stand alongside its employees facing challenges

in their personal lives.

China International Import Expo

At the 6th edition of the China International Import

Expo (CIIE), LVMH inaugurated a 600-square-meter

pavilion and showcased 12 emblematic Maisons,

focusing on their know-how and a cultural heritage

resonating with Chinese customers’ aspirations and

tastes. LVMH has a long-standing relationship with

China and was one of the first groups to establish a

foothold and to invest and develop its business there.

Hennessy made its first-ever shipment of cognac to

China back in 1859, while Louis Vuitton opened a

groundbreaking boutique in the Palace Hotel in

Beijing in 1992.

Voices of Inclusion

With the second edition of its “Voices of Inclusion

Week”, LVMH has scaled up its commitment to diver-

sity and inclusion, showcasing its Maisons’ initiatives

and its talent around the world. The Inclusion Index

– the Group’s in-house diversity and inclusion monitoring

tool – has tracked all these initiatives every year since

2018. In total, in 2023, close to 200 initiatives were

submitted by the Group, its Maisons and regions, in six

categories Gender Equality LGBTI Disability Origin

Generations and Inclusive Culture In each category

the projects with the greatest impact were recognized

with a prize at the Inclusion Index Awards ceremony

A special prize was also given to the Maison that

achieved the best performance with respect to the

Group’s Diversity & Inclusion targets.

Prix des Artisanes

For the third consecutive year, the Elle family of mag-

azines teamed up with LVMH for the Prix des Artisanes

awards, in partnership with the Institut National des

Métiers d’Art and Artisans d’Avenir. This award reflects

the Group’s commitment to women’s career develop-

ment and preserving expertise.

Maestri d’Eccellenza award

In 2023, LVMH’s Métiers d’Excellence initiative

launched its first award recognizing Italian craftsman-

ship in collaboration with Fendi, Confartigianato

Imprese (a network representing artisans and small

businesses in Italy), and the National Chamber of Italian

Fashion. The award aims to raise public awareness of

rare professions and skills that must be preserved and

passed on to future generations.

LVMH DARE

DARE – “Disrupt, Act, Risk to be an Entrepreneur” – is

LVMH’s global intrapreneurship program, launched in

2017. DARE invites all employees to share their ideas

for innovative solutions and to develop them into

concrete projects using startup methodologies. The

program has already backed the launch and acceler-

ation of over 52 innovative projects. These include

Nona Source (the first online platform selling unused

fabrics and leathers from LVMH’s Fashion Maisons) and

Heristoria (a platform that curates and sells iconic

vintage pieces from LVMH’s Maisons).

COP28

At the 2023 United Nations Climate Change

Conference (COP28) in Dubai, LVMH undertook

to step up its efforts to protect biodiversity and the

climate. Accordingly, as part of its partnership with

UNESCO’s “Man and the Biosphere” program, LVMH

kicked off a new project with the Foundation for

Amazon Sustainability (FAS), which works to combat

deforestation in the Amazon, one of the primary

threats to the region’s ecosystems. LVMH pledged

€1 million to the FAS partnership to help protect the

environment while also pursuing sustainable develop

ment and respecting the local cultural context Lastly

LVMH entered into a new partnership with the top

fivelocal landlords in the United Arab Emirates

Clear targets have been set for shopping malls, with

innovative and ambitious environmental practices

implemented covering water consumption, efficient

use of air conditioning, clean energy use, and design

and construction practices.

Committed Companies Dinner

LVMH chose International Volunteer Day

– December 5 – to hold its annual Committed

Companies Dinner (Dîner des Maisons Engagées) at the

Palais de Tokyo in Paris. To mark the occasion, the

Group commissioned a special work by artist Liu Bolin,

which was sold at auction. The proceeds were donated

to the Robert-Debré Hospital, alongside the contribu-

tion made by the LVMH Group to help the fight against

sickle cell anemia. Since the beginning of this partner-

ship, over €1.8 million have been raised by LVMH to

support research and care for children at the hospital.

VETA (Vivre et Travailler Autrement)

LVMH and French nonprofit VETA set up a partnership

to establish a new inclusion pathway for people with

disabilities, based on VETA’s effective methodology

for integrating young people with autism within the

Group. The nonprofit coordinates feasibility studies

upstream, identifies assistants who can provide med-

ical and social assistance, looks for housing and the

funding required for employment adjustments.

Guerlain pioneered the program at its La Ruche plant

in Chartres, where it hired four employees. Other

Maisons are now following in its lead and have begun

drawing up plans to take on new employees.

LIFE 360 Summit

On Thursday, December 14, 2023, the Group brought

more than 500 of its leaders together with its partners

and other industry players at UNESCO for the

announcement of the initial results of its LIFE 360

(LVMH Initiatives for the Environment) program

launched in 2021, in the run-up to its 2023 milestone.

Concrete details of its environmental performance in

the main areas underpinning this program – the

circular economy, biodiversity protection, reducing

CO

2

emissions, and ensuring traceability and transpar-

ency – were revealed at the event and in an exhibition.

The Group set its sights on reducing its environmental

footprint for Scope3 and presented the LIFE360

Business Partners program an unprecedented pro

gram to help the Groups suppliers reduce their carbon

footprint and their impact on water and biodiversity