Louis Vuitton Malletier, commonly known as Louis Vuitton, is a prestigious French luxury fashion house headquartered in Paris, France. Founded in 1854, the brand has established itself as a leader in the luxury goods industry, renowned for its high-quality leather goods, ready-to-wear apparel, shoes, accessories, and fragrances. With a strong presence in Europe, Asia, and the Americas, Louis Vuitton is celebrated for its iconic monogram and innovative designs that blend tradition with modernity. Key milestones include the introduction of the first flat-topped trunk in 1858 and the launch of its first ready-to-wear collection in 1998. As a flagship brand of the LVMH group, Louis Vuitton consistently ranks among the most valuable luxury brands globally, reflecting its commitment to craftsmanship and exclusivity. The brand's unique offerings and market position underscore its status as a symbol of luxury and sophistication.
How does Louis Vuitton's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Louis Vuitton's score of 40 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Louis Vuitton reported total greenhouse gas emissions of approximately 7,146,690,000 kg CO2e, with emissions distributed across various scopes: 146,568,000 kg CO2e (Scope 1), 158,782,000 kg CO2e (Scope 2), and 7,146,690,000 kg CO2e (Scope 3). The company has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 emissions by 55% by 2030 from a 2018 baseline. Additionally, Louis Vuitton targets a 55% reduction in Scope 3 emissions per sold product within the same timeframe. In previous years, emissions have shown fluctuations, with Scope 1 emissions at 71,390,600 kg CO2e and Scope 2 emissions at 304,349,400 kg CO2e in 2021, while Scope 3 emissions reached 5,706,670,000 kg CO2e. The company is part of the LVMH group, which has committed to a 50% reduction in Scope 1 and 2 emissions by 2026 from a 2019 baseline, alongside a goal to source 100% renewable electricity by 2026. Louis Vuitton's climate strategy aligns with industry standards, reflecting a commitment to sustainability and responsible production practices in the luxury goods sector.
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Add to project2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | 384,120,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
Scope 2 | 118,250,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | 4,451,210,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Louis Vuitton is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.