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22 23

Louis Vuitton

FAIR, RESPONSIBLE RELATIONS

WITH OUR PARTNERS

Supporting our partners is a key strategic priority for LVMH,

as we aim to build long-term relationships underpinned

by our shared quest for excellence and the ambition to

establish a set of common ethical principles and guide

lines To this end the Group has developed a comprehen

sive approach aimed at ensuring that our partners and

suppliers adopt environmental workforcerelated and

social best practices while raising their awareness of and

providing training on issues specific to their own activi

ties LVMH and its Maisons work with them as part of a

collaborative approach offering support through audits

and, where necessary, action plans. LVMH continued to

carry out a high number of audits at supplier production

sites, with 4,066 social and/or environmental audits con-

ducted in 2024 The Group also trained the buyers for its

Maisons to ensure that the comprehensive responsible

purchasing process is successfully followed In addition

to the responsible purchasing training provided at the

Maisons a Groupwide responsible purchasing training

program has been rolled out worldwide LVMHs respon

sible sourcing policy also includes initiatives that provide

suppliers with support and training

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