- Time period
- January 2005 – December 2006
Action : For the third consecutive year, LVMH has chosen to communicate the most important results and actions about environmental management on its internet website with a pdf document. This document is in the line with the information published in the LVMH annual report. Here is the content :
1. An ambitious policy designed to promote a responsible attitude
The relationship of LVMH with the environment
The Group and its stakeholders
Continued improvement in the environmental management systems
Environmental risk management : a top priority
Environmental reporting: change in the scope of coverage and refining the data
2. Combining dreams and environment in product design
Biodiversity, health and the Groups products
Development of environmental awareness in product design
Extend environmental requirements to suppliers, service providers and subcontractors
3. The sites prepare for environmental conservation
Air emissions and transport
Water emissions and pollution prevention
Soil use and integrated vine growing
Group environmental expenditures
Achievements versus 2005 objectives
Objectives for 2006 and beyond (non exhaustive)
5. Auditors report on the review
Results/benefits: This document, free internet access, informs all external shareholders (associations, stakeholder, consumers ) and internal shareholders (employees) about LVMH results and actions concerning environment. It mentions that in case of query, a mail can be sent at : firstname.lastname@example.org
The document also includes results from the worldwide LVMH environmental reporting covering the followings :
The production facilities and warehouse owned and/or operated by companies in which the Group controls more than 50% of the share capital or over which it excercises operational control.
The French stores of Sephora, Le Bon Marché, Louis Vuitton, and the main stores of DFS and Fendi.
The main administrative sites located in France.
The fleet of vehicles owned by the Group in France, used to transport Group personnel.
The objective is to get closer to the financial reporting which includes the totality af the Group activity.
For the fourth year, reporting and consolidation processus have been reviewed by auditors. They reviewed more particularly the Groups most significant environmental impacts :
Number of hours of environmental training,
Number of environmental audits,
Tons of packaging placed onthe market,
Water consumption in m3,
Organic matters emitted in wastewater in Wines & Spirits and Perfumes & Cosmetics sectors (COD emitted after treatment in tons)
Energy consumption in MWh
CO2 emissions due to energy consumption in CO2equivalent-tonsDéchets produits en tonnes
Tons of hazardous waste.
Waste recovery (in %).
- Principles covered
- Principle 1 - Businesses should support and respect the protection of internationally proclaimed human rights
- Principle 2 - Make sure that they are not complicit in human rights abuses
- Principle 3 - Businesses should uphold freedom of association & effective recognition of the right to collective bargaining
- Principle 4 - The elimination of all forms of forced and compulsory labour
- Principle 5 - The effective abolition of child labour
- Principle 6 - Eliminate discrimination in respect of employment and occupation
- Principle 7 - Businesses should support a precautionary approach to environmental challenges
- Principle 8 - Undertake initiatives to promote greater environmental responsibility
- Principle 9 - Encourage the development and diffusion of environmentally friendly technologies
- Principle 10 - Businesses should work against all forms of corruption, including extortion and bribery