LVMH ESG Presentation Deck
18
ESG - Taking action to make a difference
Supporting suppliers and sharing best practices
The Maisons and the Group's partners abide by a shared body of rules,
practices and principles in relation to ethics, corporate social responsibility and
environmental protection.
LVMH Group
Supplier code of conduct
LVMH
Sets out requirements for partners in the
fields of corporate social responsibility, the
environment and business integrity.
(created in 2008, revised in 2017 and 2022)
Animal-based
Raw Materials
Sourcing Charter
LVMH
Covers the full range of issues concerning the
sourcing of fur, leather, exotic leather, wool
and feathers
Further information can be found in the 2021 Universal Registration Document - from pages 49 to 74.
Risk mapping
helps the Maisons identify which countries and
types of purchases are particularly at risk with
respect to corruption, human rights violations
and environmental impact
- de ha D
30,000
suppliers
were assessed in 2020 in relation
to their risk levels (with respect to
human rights, to the environment
and to corruption) representing
90%
of Group expenditure
This risk mapping will be reconducted in
2022 based on 2021 data.
LVMH
Risk management
aims at ensuring that partners adopt practices
that are environmentally friendly and respect
human rights
> 1,500 audits
were undertaken in 2021 at
1,200 suppliers and subcontractors
5%
of our suppliers did not meet
the standard set by the Group in 2021
73% of our suppliers
are based in Europe
93% of direct purchases
in the Fashion & Leather Goods division
are coming from EuropeView entire presentation