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LVMH's GHG Emissions Data Preview
In 2024, LVMH completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).
LVMH has also provided a category-level breakdown for 13 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Unspecified Calculation Method | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into LVMH's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of LVMH amounted to 315,877 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).
Compared to 2023, the total operational greenhouse gas (GHG) emissions of LVMH decreased by 0.53%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
LVMH's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are LVMH's Scope 1 emissions?
In 2024, the total Scope 1 emissions of LVMH were 117,510 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has LVMH reduced its Scope 1 emissions over time?
Since 2019, LVMH's Scope 1 emissions have decreased by 22.61%, reflecting a declining long-term trend in Scope 1 emissions over time.
Compared to the previous year (2023), LVMH's Scope 1 emissions decreased by 25.99%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.
What are LVMH's Scope 2 emissions?
In 2024, LVMH reported Scope 2 greenhouse gas (GHG) emissions of 80,858 tCOâ‚‚e using the market-based method, and 198,367 tCOâ‚‚e using the location-based method.
Has LVMH reduced its Scope 2 emissions over time?
Since 2019, LVMH's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 55.1%, reflecting a declining long-term trend in Scope 2 emissions over time.
What methodology does LVMH use for Scope 2 reporting?
In 2024, LVMH reported its Scope 2 emissions using the market-based method and using the location-based method.
LVMH's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into LVMH's Value Chain Emissions
In 2024, LVMH reported 7,522,618 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2024 disclosure of LVMH includes a breakdown across 12 of the 15 Scope 3 categories defined by the GHG Protocol, up from 4 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain
LVMH's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are LVMH's Scope 3 emissions?
In 2024, LVMH reported total Scope 3 emissions of 7,522,618 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 90.54% of these emissions originated from upstream activities such as purchased goods and capital goods, while 9.46% came from downstream activities like product use, distribution, and end-of-life treatment.
Has LVMH reduced its Scope 3 emissions over time?
Since 2019, LVMH's Scope 3 emissions have remained relatively stable, indicating that LVMH 's emissions have plateaued with no significant change in its value chain footprint.
Compared to the previous year (2023), LVMH's Scope 3 emissions remained relatively stable, indicating that LVMH 's emissions have plateaued with no significant change in its value chain footprint.
What categories of Scope 3 emissions does LVMH disclose?
In 2024, LVMH reported emissions for 12 out of the 15 Scope 3 categories defined by the GHG Protocol.
This reflects a high level of granularity and transparency in the company's emissions reporting.
What are the main sources of LVMH's Scope 3 emissions?
In 2024, the largest contributors to LVMH's Scope 3 emissions were:
- Purchased Goods and Services (Cat. 1): 3,744,590 tCOâ‚‚e (49.78%)
- Capital Goods (Cat. 2): 1,476,234 tCOâ‚‚e (19.62%)
- Upstream Transportation and Distribution (Cat. 4): 825,647 tCOâ‚‚e (10.98%)
LVMH's Scope 3 Emissions by Categories
Insights into LVMH's Total Carbon Footprint
In 2024, LVMH reported a total carbon footprint of 7,838,495 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.01% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.
The largest contributor to LVMH's total carbon footprint was Scope 3 emissions, accounting for 95.97% of the company's total carbon footprint, followed by Scope 2 emissions at 2.53%.