LVMH Annual Report

LVMH 2018 . E n v i r o n m e n t

The dynamics of the LIFE program

In 2015, all of our Maisons incorporated the LIFE program into their strategic plans. LIFE is a source of innovation and creativity, and also a common language that allows our upper-level management to get deeply involved. The Group oversees all of these activities, in cooperation with the LVMH Environment Department.

Goal s for 2020

Four key goals, defined in 2016 by a group of 80 people from 27 Maisons, now form the backbone of the Group’s Environmental approach:

PRODUCTS

SUPPLY

CO 2

SITES

Improve the environmental performance of all products.

Best practice applied in 70% of our supply chains, to reach 100% in 2025.

25% reduction in CO 2 emissions attributable to energy consumption.

All manufacturing, administrative and retail sites to achieve at least a 10% improvement in key environmental performance measures.

48% of leather purchased by the Maisons comes from LWG-certified tanneries

€ 1 1 . 4 m for projects financed by the carbon fund

36 • 37

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