LVMH Germany Sustainability Profile
LVMH Moët Hennessy Louis Vuitton, commonly referred to as LVMH, is a global leader in the luxury goods industry, with its headquarters located in Germany (DE). Founded in 1987 through the merger of Moët Hennessy and Louis Vuitton, the company has established a formidable presence across Europe and beyond, excelling in sectors such as fashion, cosmetics, and fine wines. LVMH is renowned for its diverse portfolio of prestigious brands, including Louis Vuitton, Dior, and Moët & Chandon, each distinguished by exceptional craftsmanship and innovation. The company has consistently achieved remarkable milestones, solidifying its market position as a powerhouse in luxury retail. With a commitment to quality and exclusivity, LVMH continues to set trends and redefine luxury experiences for discerning consumers worldwide.
DitchCarbon Score
How does LVMH Germany'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 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
LVMH Germany's score of 60 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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LVMH Germany currently does not report specific carbon emissions data, as no emissions figures are available for the most recent year. The company is a current subsidiary of LVMH Moët Hennessy - Louis Vuitton, Société Européenne, which may influence its climate commitments and performance metrics. While LVMH Germany has not outlined specific reduction targets or initiatives, it is important to note that it inherits its climate strategies from its parent organisation. LVMH Moët Hennessy - Louis Vuitton has established various climate initiatives, including commitments to the Science Based Targets initiative (SBTi) and participation in the Carbon Disclosure Project (CDP). These initiatives aim to enhance transparency and accountability in emissions reporting and reduction efforts across the group. As a subsidiary, LVMH Germany aligns with the broader sustainability goals set by LVMH Moët Hennessy - Louis Vuitton, which include significant commitments to reducing greenhouse gas emissions across all scopes. However, without specific data or targets from LVMH Germany, the exact impact and progress of its climate commitments remain unclear.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 505,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 1,150,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 3 | - | 0,000,000,000 | - | - | - | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is LVMH Germany's Industry?
How Carbon Intensive is LVMH Germany's Location?
LVMH Germany's Scope 3 Categories Breakdown
LVMH Germany's Scope 3 emissions, which increased by 5% last year and decreased by approximately 0% since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 50% of Scope 3 emissions.
Top Scope 3 Categories
LVMH Germany's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
LVMH Germany has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
