LVMH ESG Presentation Deck slide image

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 Europe
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