Given its heavy dependence on natural processes, as well as its esthetic and heritage values, LVMH has to prioritize supply chains that protect the environment. For many years, the Group has exerted strong vigilance over the materials and substances that it uses, their origin and the manner in which they are prepared. By relying on traceability and compliance with increasingly stringent internal and external rules, it develops responsible purchasing. With LIFE 2020, this policy has been intensified. LVMH wants to ensure that 70% of its supply chains meet the best environmental standards in 2020, and is targeting a rate of 100% in 2025. This ambition drives all its Houses, in all its business sectors. Their approaches are adapted to their respective challenges. The Wines & Spirits Houses give priority to the spread of sustainable wine growing, which ensures the sus tainability of the vine and respects the soils and the environment. The Perfumes & Cosmetics Houses are developing ethnobotany and assess their suppliers. The Fashion & Leather Goods and Watches & Jewelry Houses are setting up sustainable supply chains by relying on certification.
THE PRIORITIES OF THE ANIMAL SUPPLY CHAIN CHARTER Traceability. Animal well-being. Respect for populations and environment.
70% of supply chains
to meet highest environmental standards by 2020