LVMH
Apparel, Accessories & Luxury Goods
MC.PA
€ 848 (0.32)%
$ 459 bn
$ 491 bn
Carbon footprint
Primary Climate Goal
LVMH aims to reduce Scope 1 + 2 by 50% by 2026 from a base year 2019
1.5°C
GHG emissions and Carbon intensity
LVMH reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2022 at 67 Kt (-3.7 /-5.2% y-o-y). Also positively, carbon intensity decreased to 0.8 t (-0.1 /-11.1% y-o-y).
LVMH's Scope 3 emissions grew to 4,306 Kt (
The company is committed to reducing Scope 1 + 2 by 50% by 2026 from a base year 2019, which translates into the estimated reduction of -8.2 Kt per annum over the period of FY2023 - FY2026. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.
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