LVMH ESG Presentation Deck
12
ESG Building tomorrow's luxury
Committing to the pursuit of excellence for traceability (1/2)
LIFE 360 objectives
All strategic supply chains to have a
dedicated traceability system (2026)
All of our strategic supply chains will
integrate dedicated traceability systems
(2030)
2022 results
The source of materials was know for:
86% of leather (vs 76 % in 2021)
89% exotic leather (vs 90 % in 2021)
89% of furs (vs 87% in 2021)
32% of cotton (vs 27 % in 2021)
64% of wool (62 % in 2021)
Further information can be found in the 2022 Universel Registration Document -
from pages 92 to 94.
Main programs & initiatives
<< Upstream Traceability» Task Force
To raise awareness of the most rigorous
traceability methodologies
Consortium x Sarine
In 2022, Aura Blockchain
consortium - launched in 2021 by
LVMH, Prada Group and Cartier-
announced a partnership with
Sarine (a diamond authentication
specialist) to provide full supply
chain traceability for diamonds.
More than 25 Maisons of the Group
continued its drive to raise awareness
across its supply chains.
A comprehensive review of existing
standards was completed, with a special
focus on gold. The task force identified
the most effective traceability systems,
and some of these have now gone live
after being trialed in the most complex
supply chains such as cotton.
Aura Blockchain Consortium
SARINĖ
(0-53161) 42 66%
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LIH
LAST
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AURA
BLOCKCHAIN
CONSORTIUM
Rolling out a << Chain of Custody >> approach
O
sourcemap
where things come from
Tiffany & Co, full
treacability for rough
diamonds
An approach in line with its DNA of
<< engagement rings specialist >>
LVMH
In 2021, Tiffany & Co introduced full
treacibility for all rough diamonds used
in its pieces all the way back to the mine
of origin. They come mainly from
Botsv na, Canada, Namibia and South
Africa. All of the gold, silver and
platinium used is also traceable to the
mine or the recycler. In addition, the
Maison purchased its Fairmined-certified
gold from mines in Peru.
Sourcemap Pilote Project
After a successful pilot project
of Sourcemap in 2022,
involving 12 Maisons and
nearly 450 suppliers, the
Group aims to extend the use
of the tool in 2023 to cover
several strategic materials.
TIFFANY & CO.
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