Louis Vuitton
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.
DitchCarbon Score
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.
Industry Average
Mean score of companies in the Apparel Production 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.
Industry Benchmark
Louis Vuitton's score of 83 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Louis Vuitton's reported carbon emissions
In 2023, Louis Vuitton reported total greenhouse gas emissions of approximately 1,367,340,000 kg CO2e, with emissions distributed across various scopes: 375,740,000 kg CO2e from Scope 1, 329,420,000 kg CO2e from Scope 2, and 1,367,340,000 kg CO2e from Scope 3. This reflects a significant commitment to sustainability, as the company aims to achieve a Net Zero trajectory by July 2024. Louis Vuitton has set ambitious reduction targets, committing to reduce absolute Scope 1 and 2 greenhouse gas emissions by 50% by 2026 from a 2019 baseline. Additionally, the company plans to increase its annual sourcing of renewable electricity from 36% in 2019 to 100% by 2026. For Scope 3 emissions, Louis Vuitton aims for a 55% reduction per million euros of value added by 2030, also based on 2019 levels. Furthermore, Louis Vuitton Malletier has pledged to reduce its absolute Scope 1 and 2 emissions by 55% by 2030 from a 2018 base year, alongside a similar 55% reduction in Scope 3 emissions per sold product within the same timeframe. These initiatives align with industry standards for climate action and demonstrate Louis Vuitton's commitment to addressing climate change effectively.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 379,312,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 379,312,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 00,000,000 |
| Scope 3 | 2,791,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 participating in some of the initiatives that 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.
