LVMH Moët Hennessy Louis Vuitton Inc. Sustainability Profile
LVMH Moët Hennessy Louis Vuitton Inc., commonly referred to as LVMH, is a global leader in the luxury goods industry, headquartered in the United States. Founded in 1987 through the merger of Moët Hennessy and Louis Vuitton, the company has established a formidable presence across major operational regions, including Europe, Asia, and the Americas. LVMH encompasses a diverse portfolio of prestigious brands, specialising in fashion, cosmetics, wines, and spirits. Its core products, such as the iconic Louis Vuitton handbags and Moët & Chandon champagne, are renowned for their craftsmanship and exclusivity. With a strong market position, LVMH consistently achieves remarkable financial performance, solidifying its status as a powerhouse in luxury retail. The company's commitment to innovation and heritage continues to set it apart in a competitive landscape.
DitchCarbon Score
How does LVMH Moët Hennessy Louis Vuitton Inc.'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 Retail Trade Services 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 Moët Hennessy Louis Vuitton Inc.'s score of 83 is higher than 91% 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 Moët Hennessy Louis Vuitton Inc., headquartered in the US, currently does not have specific carbon emissions data 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 emissions reporting. Despite the absence of direct emissions figures, LVMH is engaged in various climate initiatives as part of its parent company's sustainability strategy. The emissions data and performance metrics are cascaded from LVMH Moët Hennessy - Louis Vuitton, Société Européenne, which is actively involved in the Science Based Targets initiative (SBTi) and other climate-related frameworks. LVMH's commitment to sustainability includes participation in the Carbon Disclosure Project (CDP) and the Race to Zero campaign, reflecting its dedication to reducing its environmental impact. However, specific reduction targets or achievements have not been disclosed at this time. In summary, while LVMH Moët Hennessy Louis Vuitton Inc. does not currently report specific emissions data, it is part of a broader corporate family that is committed to climate action and sustainability through various initiatives and frameworks.
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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 Moët Hennessy Louis Vuitton Inc.'s Industry?
How Carbon Intensive is LVMH Moët Hennessy Louis Vuitton Inc.'s Location?
LVMH Moët Hennessy Louis Vuitton Inc.'s Scope 3 Categories Breakdown
LVMH Moët Hennessy Louis Vuitton Inc.'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 Moët Hennessy Louis Vuitton Inc.'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 Moët Hennessy Louis Vuitton Inc. 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.
