ESG
The Group adopted quantitative targets for its environmental and social commitments.
ALL NON FINANCIAL INDICATORS
GOVERNANCE
The Group has chosen to make use of specific skills and departments with specialist expertise to establish tailored strategies a set of principles and methodologies, and action plans. Each Maison adapts them to their own culture issues and social and geographic context, while respecting the Group’s ethical principles.
The Board-level Ethics and Sustainability Committee defines LVMH’s broad policy as regards social and environmental responsibility. The Social Responsibility Department and the Environmental Development Department then turn that policy into principles, methodologies and action plans, which each Maison adapts to the issues it faces.
LVMH’s ESG Committee works with the Group’s operational departments to support and coordinate efforts to achieve strategic targets regarding LVMH’s social and environmental responsibility. Each year, environmental and social targets become increasingly integral to LVMH’s staff compensation arrangements.
Find more information:
- Charter of the Board of Directors
- Bylaws
- Rules of procedure of the performance audit committee
- Rules of procedure of the compensation Committee
- Rules of procedure of the sustainability and governance Committee
- Internal charter on regulated and routine agreements
- Terms of office of the management and supervisory bodies
Disclosure of regulated related-party agreements pursuant to Article L. 22-10-13 of the French Commercial Code:
1990 - 1999
1992
Creation of the Environment Department after the Rio de Janeiro Earth Summit
1998
Earning of the ISO 14001 environmental certification by Hennessy
NON FINANCIAL PERFORMANCE ASSESSMENT
LVMH remains committed to making progress on and working each day to find better solutions to the many environmental and social challenges we and our industry face.
LVMH provides information on its performance with complete independence and transparency. In addition, the Group completes certain questionnaires from independent ratings agencies where there is no risk of conflict of interest.
All information and related figures are available in the , the , the .
Find out more on non-financial rating agencies.