LVMH Reports Progress on LIFE 360 Environmental Targets and Emissions Reductions
LVMH has updated its environmental strategy, LIFE 360, highlighting progress in reducing emissions and increasing renewable energy use. The company achieved a 50% reduction in Scopes 1 and 2 emissions ahead of schedule and increased renewable energy use to over 71% by 2024. LVMH aims to cut Scope 3 emissions by 55% by 2030, with ongoing efforts in circular economy and regenerative agriculture. This update coincides with COP30 and the Paris Agreement's 10th anniversary.
LVMH - Moët Hennessy Louis Vuitton SE has provided an update on its environmental strategy, LIFE 360, in connection with COP30 and the 10th anniversary of the Paris Agreement. The strategy is structured around four pillars: climate, biodiversity, circularity, and traceability. LVMH reports progress in reducing emissions from its energy consumption (Scopes 1 and 2), expanding renewable energy use, and implementing operational plans to reduce Scope 3 emissions by 55% by 2030. The company states that it has achieved a 50% reduction in Scopes 1 and 2 emissions compared to 2019, two years ahead of its target, and has increased its share of renewable energy from 8.7% in 2015 to over 71% in 2024. LVMH also reports a 33% reduction in Scope 3 emissions per unit of value since 2019, with ongoing efforts in areas such as circular economy, regenerative agriculture, transportation, and supplier engagement. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LVMH - Moët Hennessy Louis Vuitton SE published the original content used to generate this news brief on November 20, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
