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 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.
Louis Vuitton's score of 88 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Louis Vuitton reported total carbon emissions of approximately 7,752,618,000 kg CO2e, with significant contributions from Scope 1, 2, and 3 emissions. Specifically, Scope 1 emissions were about 117,510,000 kg CO2e, while Scope 2 emissions totalled approximately 80,858,000 kg CO2e (market-based) and 418,190,000 kg CO2e (location-based). The majority of emissions stemmed from Scope 3, which accounted for about 7,522,618,000 kg CO2e, highlighting the substantial impact of their supply chain and indirect activities. Louis Vuitton has set ambitious climate commitments, aiming for net-zero emissions across its value chain by 2050. Near-term targets include a 50% reduction in Scope 1 and 2 emissions by 2026 from a 2019 baseline, and a 55% reduction in Scope 3 emissions per unit of value added by 2030, relative to 2019 levels. Additionally, they have committed to increasing their sourcing of renewable electricity to 100% by 2026. The company is also aligned with the Science Based Targets initiative (SBTi), with specific targets to reduce Scope 1 emissions by 90% and Scope 2 emissions by 90% by 2050, both from a 2023 base year. Furthermore, they aim to reduce Scope 3 emissions by 32.5% by 2033 from the same base year. These commitments reflect Louis Vuitton's proactive approach to addressing climate change and reducing its carbon footprint, demonstrating leadership within the luxury goods sector.
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2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|
Scope 1 | 151,846,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 289,973,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
Scope 3 | 7,550,219,000 | - | - | - | 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 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.