Extra-financial analysis of the LVMH Group

Extract

[...] • In 2021, the Group is selected in the main indices based on the criteria of responsible investment: FTSE4Good Global 100, Euronext Vigeo Eurozone 120 (67/100), S&P (71/100), CDP Climate CDP Water and CDP Forests Risk assessment by LVMH • As part of its CSR commitment, the Group has carried out various analyses in order to measure its risks incurred in developing its activities in relation to its social and environmental responsibilities • The main environmental risks identified at Group level concern: - the impact on ecosystems; - the depletion of natural resources; - the establishment and continuity of responsible supply chains. • The Group is also exposed to risks and benefits from opportunities related to climate change. LVMH's CSR commitment: the LIFE project • Signed in 2001 by the Chairman of the Group, the LIFE project is based on an environmental and social charter with five objectives: - seek a high level of environmental performance; - Generate collective engagement; - control environmental risks; - Design products with innovation and creativity - environmental; - Engage beyond the company. [...]

[...] The packaging strategy follows the same trajectory, with a target of 0 virgin plastic of fossil origin in 2026. - Biodiversity: in view of the very close relationship with nature and the LVMH Group, the objectives have been built to limit the impacts and give it back what it borrowed: 0 sourcing in areas with a high risk of deforestation or desertification; 100% of the strategic supply chains covered by the strictest standards by 2026; and implementation of a regenerative agriculture plan to rehabilitate 5 million hectares of wildlife habitat by 2030. [...]

[...] - Be engaged in employment for people with disabilities Long committed to the integration and employment of people with disabilities, LVMH has an ambitious program for their inclusion through recruitment or accessibility. The Group is a member of the Global Business and Disability Network of the International Labour Organization (ILO) and has signed the Charter. - Ensure the health and safety of everyone at work, and foster social dialogue LVMH is committed to providing a quality work environment for all employees. The priority is to ensure the health and safety of everyone and to ensure the balance and well-being of employees. [...]

[...]  These four strategic action plans are broken down by sectors of activity and at the level of each House. They are accompanied by objectives aimed at mobilising stakeholders around the challenges of LIFE 360. LVMH's CSR commitment: the LIFE project The responsible and sustainable program of LVMH, LIFE 360, sets objectives for and 2030 and sets as its main goal to create products that bear the signature of the Group's environmental ambition: products in harmony with nature, Taking care of biodiversity and climate, engaging stakeholders in a responsible and equitable manner. [...]

[...] Extra-financial analysis of the LVMH Group Corporate Social Responsibility Fundamentals • LVMH's social and social responsibility (CSR) in the image of large groups is based on the various actions carried out at the economic, environmental and social levels. • Thus LVMH has been able to develop a social and societal responsibility approach through various levers that we will detail. • The set of measures developed by the group meets the principles derived from the ISO standard, which is currently the international reference standard for large companies to define their approach Corporate Social Responsibility The 7 generic principles of CSR As part of its CSR approach, the LVMH Group relied on the reference standard international The ISO 26,000 standard highlights 7 CSR principles: • The responsibility of accountability, • Transparency, • Ethical behaviour, • Respect for the interests of stakeholders, • Respect for the principle of secularism, • Compliance with international standards of behaviour, • Respect for human rights. [...]