LVMH Moët Hennessy Louis Vuitton sustainability score: 38/100

LVMH reports full Scope 1 (117,510 tCO₂e) and Scope 2 emissions totaling 315,877 tCO₂e for FY2024 following GHG Protocol methodology. Scope 1+2 declined 55% from 2019 baseline of ~442Kt, meeting 2026 target two years early. Disclosure covers 75 Maisons with ~200 environmental correspondents. Data published in 2024 URD with CSRD reporting and third-party assurance.

Scope 3 emissions reported at 7,522,618 tCO₂e for 2024 across 12 of 15 GHG Protocol categories, up from 4 in 2023. Purchased goods (37%), capital goods (20%), and marketing (13%) are major sources. Supplier lists unpublished. LIFE 360 Business Partners program in early stages per Stand.Earth. Emissions data lacks tier and country breakdown.

Scope 1+2 fell 55% since 2019, but total emissions rose 5% in 2024 to 7.84M tCO₂e. Scope 3 jumped from 5.3M tonnes in 2019 to 6.1M in 2022 (16% increase). LIFE 360 Scope 3 target of 55% by 2030 is intensity-based per unit added value, masking absolute growth through ~40% product price inflation. Newer SBTi absolute Scope 3 target (32.5% by 2033) more credible but recently added.

Renewables account for 71% of Group energy consumption in 2024, up from 63%, targeting 100% by 2026. Biomethane deployed in France; on-site photovoltaic and geothermal generation active across sites. Not RE100 member. Stand.Earth notes renewable claims not specified for high-impact operations. Falls short of 90%+ threshold for higher scoring.

LVMH is TNFD taskforce member, SBTN pilot with validated land and freshwater targets, and CDP A-List for forests and water. By 2024, 3.8M hectares regenerated, preserved, or restored toward 5M hectare 2030 target. Zero-deforestation commitment by 2025. UNESCO MAB partnership, WWF Congo Basin restoration, 96% certification for leather and vineyards.

LVMH Circularity platform launched December 2023. In 2024, 290,230 metres of material recycled; 41% of customer packaging uses recycled glass and plastic. Nona Source platform redistributes surplus materials. Over 2 million products repaired. Targets: zero virgin fossil plastic by 2026, all new products ecodesigned by 2030. Comprehensive verified waste and circularity rates lacking.

LVMH consumed over 11M m³ annually (2023), with 39% in high water-stress areas. 30% consumption footprint reduction target by 2030. Fashion & Leather Goods accounts for 43%, Wines & Spirits 30%. Hennessy reduced distillery water use 26% between 2019–2020. ZDHC program active at tanneries and textile sites. SBTN-validated freshwater targets. 10% industrial water reduction achieved by 2024.

SBTi-validated near-term targets: 68% S1+S2 reduction by 2030, 32.5% absolute S3 by 2033, both from 2023 base. Net-zero target for 2050 with 90% absolute reductions across all scopes. 19 Maisons have validated or in-process carbon trajectories. Long-standing LIFE 360 Scope 3 target (55% by 2030) is intensity-based per unit added value, not absolute—credibility issue flagged by BoF and Stand.Earth.

LVMH publishes CSRD-aligned sustainability data in 2024 URD. Board-level Ethics and Sustainability Committee oversees environmental strategy. Dedicated Environmental Development and Social Responsibility Departments. ~200 environmental correspondents across 75 Maisons support reporting. Targets integrated into staff compensation. Supplier lists remain unpublished. Stand.Earth rates LVMH D grade for transparency shortfalls versus peers.

June 2024: Dior placed under judicial administration by Milan court for labour exploitation; July 2025: Loro Piana similarly convicted for undocumented workers in sweatshops. InfluenceMap: LVMH retains membership of associations with mixed climate positions; very limited direct EU climate policy engagement; no public position on Paris Agreement or IPCC reductions. BoF documented LVMH highlighting intensity reductions while absolute Scope 3 emissions rose—greenwashing red flag.