Luxury group LVMH has published a new environmental report, outlining details of its work to improve its environmental performance and detailing the progress it has made so far towards achieving targets it set itself for 2020. It has called these targets its Life Programme, with a focus on four areas, products, sourcing, its sites around the world and a reduction in greenhouse gas emissions.
In an introduction to the report, chief executive, Bernard Arnault, said: “The surest way to reduce our environmental footprint is to make our product lifetimes as long as possible. And for a product to last, it has to be exceptional. This is why our luxury goods houses have so much to contribute to the economy. If our products are standing the test of time, it’s precisely because they are aligned with nature.”