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At the beginning of the new century, for example, LVMH participated in experiments with a method for evaluating emissions that was to become the carbon footprint. Fifteen years later, in 2015, the company also became the first group in the luxury goods industry to develop an internal carbon fund. Driven by innovations and the daily commitment of its teams, the LVMH Group explores all channels to reduce its CO2 emissions, acting on the energy consumption of its sites, its production, transport, logistics, and even work habits. With LIFE 2020, the Group mobilized its Houses around a new shared ambition: to reduce the CO2 emissions associated with energy consumption by 25% between 2013 and 2020. To achieve this goal, three levers of progress are used. The first is to improve tracking and report­ ing. The second is to improve energy efficiency, i.e. a reduction in energy consumption. As a priority, the Houses are targeting improved energy effi­ ciency in their stores, which cover more than one million square meters around the world. The third lever is a growing use of renewable energy, and the target is to reach a rate of 30% of the Group s energy mix in 2020. This strategy is proving to be effective since, at the end of 2018, LVMH had reduced its emissions from energy consumption by 16% from 2013 levels.

PRIORITIES Reduce the energy consumption of stores. Promote the use of renewable energy.

OBJECTIVE

CO2

Reduce by

25% the CO2 emissions associated

with energy consumption