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LVMH's Climate Target Data Preview
As of 2024, LVMH has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets and 1 intensity-based target, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into LVMH's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  a | 2026 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | 0000000 | 2030 |
Intensity-based Target* | Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Euro (EUR) of Value Added | Copy/Paste is a PRO feature.  a | 2030 |
Verified Sources Behind LVMH’s Climate Targets Data
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Insights into LVMH's Greenhouse Gas Emissions Pathways
As of 2024, LVMH has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.a
Does LVMH have a target to reduce the emissions from its operations?
As of 2024, LVMH has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
LVMH's most ambitious operational target is to reduce these emissions by 79% by 2030, compared to a baseline of 441,819 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.a
As of 2024, LVMH is ahead of schedule on its operational emissions reduction target, having achieved 69.75% of the planned reduction.a
LVMH's Operational (Scope 1+2) Emissions Pathway
Does LVMH have a target to reduce the emissions from its value chain?
As of 2024, LVMH has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
LVMH's most ambitious value chain target is to reduce these emissions by 55% by 2030, compared to a baseline of 132.4 Metric Tonnes of CO2 equivalent (mtCO2e) per Euro (EUR) of Value Added in 2019.a
As of 2024, LVMH is ahead of schedule on its value chain emissions reduction target, having achieved 59.6% of the planned reduction.a