LVMH ESG Presentation Deck slide image

LVMH ESG Presentation Deck

15 ESG Building tomorrow's luxury Acting for the Climate LIFE 360 objectives 50 % reduction in energy-related GHG emissions (baseline: 2019) 100 % renewable or low-carbon energy in- store and on-site (2026) 55 % reduction and/or avoidance of Scope 3 GHG emissions (2030) 2022 results 11 % reduction in energy-related GHG emissions (baseline: 2019) 47 % (vs 39 % in 2021) renewable energy in the Group's energy mix/77 % of stores equipped with LED lighting (vs 57 % in 2021) 15 % reduction of Scope 3 GHG emissions (baseline 2019) Main programs & initiatives Raising the bar to show the way forward LVMH x new standards The Group takes into account the evolution of international protocols notably the one related to the measure of emissions linked to the storage activities and is working towards adopting two new frameworks, the SBTi FLAG Guidance and the GHG << Land Sector and Removal Guidance >> Tiffany x Net Zero pathway by SBTi Tiffany's trajectory was approved by SBTi with a target and roadmap combined related to a sourcing of recycled materials for all of its precious metals and 100% of renewable energies by 2030. Heeding the French government's call for nationwide action Energy efficiency plan LVMH adopted an energy efficiency plan featuring three flagship measures concerning lighting in stores and administrative offices, ambient temperatures at workshops, administrative and retail sites, and energy-saving measures to be adopted by all employees. Sephora managed to reduce its energy consumption by 19.6 % between October and December 2022. Actively engaging with all stakeholders LIFE™ in stores ACT FOR CLIMATE Highest priority, reducing Scope 3 The sourcing/packaging issue: Veuve Clicquot x Canopy The use of recycling materials leads to a significant reduction of carbon emissions. Veuve Clicquot collaborated with Canopy to develop a new packaging combining hem and recycled paper. LVMH LVMH x Hang Lung Properties LVMH announced the launch of a pioneering partnership with Hang Lung Properties, a leading owner of more than hundred shopping malls in China, with an objective to shrink the stores' environmental footprint through coordinated action by the tenant and owner. 250 @ New Cliegt Further information can be found in the 2022 Universel Registration Document - from pages 95 to 101.
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