On the occasion of the ChangeNOW Summit and the 10th anniversary of the Paris Agreement, LVMH reaffirms its environmental ambition and mobilizes its partners

LVMH takes an active part in the international ChangeNOW Summit held from April 24 to 26 at the Grand Palais in Paris. This event, dedicated to solutions for the planet, offers the Group an opportunity to reaffirm its environmental commitments, driven by its LIFE 360 strategy.  

Thus, LVMH highlights concrete initiatives, such as its LIFE 360 Business Partners program, designed to support its suppliers in the environmental transition. The Group also presents progress made in its plan for the preservation of water and oceans. Present at several panels, LVMH representatives share the progress achieved through the collective mobilization of its Maisons and partners in support of an ambitious environmental transition. 

Committed for many years to a continuous improvement approach, LVMH has achieved significant milestones in the implementation of its environmental roadmap. Under the Climate pillar, the Group has reached in 2024 its target for reducing direct greenhouse gas emissions (Scopes 1 and 2) two years ahead of schedule (-55% compared to 2019). Furthermore, its indirect emissions (Scope 3) decreased by 33%, in line with the target of 55% reduction by 2030. In parallel, under the “Water” pillar, LVMH has reduced water withdrawals for its industrial needs by 10% since 2019, and aims for a 30% reduction by 2030. 

To strengthen this dynamic and meet its 2026 and 2030 objectives, the Group relies on its LIFE 360 Business Partners program, aimed at supporting its suppliers in their environmental transition. Focused on reducing the carbon footprint, water consumption and preserving biodiversity, this program is structured around three key pillars: harmonization, sharing and co-innovation. 

To date, the program covers nine purchasing categories (Textiles, Plastics, Glass, Metal Parts, Leather, Packaging, Transport, Marketing, Retail) and involves more than 60 suppliers. A dedicated day will take place for them at the end of June to strengthen synergies and encourage the sharing of best practices through collaborative working groups. 

Hélène Valade, LVMH Environmental Development Director, and Attila Kiss, CEO of Gruppo Florence, spoke during a session held on Thursday, April 24 from 2:45 p.m. to 4:15 p.m. on the “Agora” stage, dedicated to corporate engagement in environmental transformation (“Engage to Transform”). They addressed the key role of companies in mobilizing all stakeholders in the value chain, both internal and external, to drive sustainable ecological transformation. They shared their visions and strategies to create transparent relationships and align stakeholders around shared environmental objectives. 

“The LIFE 360 Business Partners program is a groundbreaking initiative that fully embodies the ‘joining forces’ philosophy dear to LVMH. By joining forces with our suppliers, we engage in a profound transformation of our value chain to build together a new kind of luxury: combining creative excellence and environmental commitment,” said Hélène Valade, LVMH Environmental Development Director. 

Moreover, LVMH adopts an ambitious “Water” strategy with several objectives: 

• Reducing water withdrawals within its operations and supply chains by 30%. 
• Reducing potential sources of water pollution, notably through three programs: 
  
  1. The ZDHC (Zero Discharge of Hazardous Chemicals) program, implemented at textile finishing sites and tanneries, eliminates discharges of hazardous substances into the environment throughout the production process. 
  
  2. A pesticide reduction program, whose zero-herbicide objective is already achieved in the Group’s vineyards. 
  
  3. A program in favor of regenerative agriculture, which regenerates soils while preserving water resources. For example, Château Galoupet, a vineyard in Provence, implements regenerative hydrology using natural solutions to slow, distribute, infiltrate and store water, such as ponds and swales. This sustainable development model, which protects 69 hectares of vineyards and 77 hectares of forest, is based on the ambition to link viticulture and biodiversity, and is part of the 3.8 million hectares of fauna and flora habitat preserved by LVMH (data as of December 31, 2024). 
• Preserving and restoring marine and terrestrial ecosystems, notably through the Tiffany & Co. Foundation for marine protection, coastal conservation, blue carbon exploration and coral restoration. Over $100 million in grants supports leading organizations such as Conservation International and the Great Barrier Reef Foundation. These actions contribute to the protection of nearly 13 million km² of oceans. 

In line with this approach, Alexandre Capelli, LVMH Deputy Director of Environmental Development, took part in a session on the development of wind-powered maritime transport, which emits less greenhouse gases, including the solution provided by the start-up Neoline, selected by Hennessy. This session, titled “A Moment of Possibilities: Wind-Powered Shipping – Is the Future in the Wind?”, was held on Thursday, April 24 from 3:30 p.m. to 4:15 p.m. on the “Water Odyssey” stage, alongside Olivier Barreau, President & Co-Founder of Grain de Sail, Arthur Le Vaillant, Founder of Sailcoop, and Julia Savarin, Communications Manager at Windcoop. 

The Group is also represented by several committed entities, illustrating the diversity of expertise mobilized around environmental transition: 

• Moët Hennessy continues the momentum initiated with the World Living Soils Forum in June 2022 with a dedicated pavilion and talks by Arnaud De Saignes, President of CHANDON, and Sandrine Sommer, Chief Sustainability Officer at Moët Hennessy. They share the Group’s advances in regenerative agriculture and soil preservation. 
• The Les Echos – Le Parisien Group, also present with a pavilion, takes part in the Summit with contributions from Christophe Jakubyszyn, Editor-in-Chief of Les Echos, and Jean-Louis Picot, Deputy Editor-in-Chief of Le Parisien.