LVMH Moet Hennessy Louis Vuitton SE

Common Name
LVMH
Country
France
Sector
Consumer Cyclical
Industry
Luxury Goods
Employees
200,518
Ticker
MC
Exchange
EURONEXT
Description
LVMH Moët Hennessy Louis Vuitton SE is a leading global luxury goods conglomerate, recognized for its diverse portfolio of prestigious brands. Established in 1987 through the merger of fashion house L...

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)2024202320222021 - 2017
Total Scope 1
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b
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c
0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Unspecified Calculation Method
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b
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b
0000000
Total Scope 3
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b
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d
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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c
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Verified Sources Behind LVMH’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore LVMH’s data sources below and access millions more through our Disclosure Search.

a. LVMH's Universal Registration Document (URD) 2024
a. LVMH's Universal Registration Document (URD) 2024
b. LVMH's Responsibility Report 2023
b. LVMH's Responsibility Report 2023
c. LVMH's Universal Registration Document (URD) 2022
c. LVMH's Universal Registration Document (URD) 2022
d. LVMH's Universal Registration Document (URD) 2023
d. LVMH's Universal Registration Document (URD) 2023

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). a

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. a b

LVMH's Scope 1 Emissions Over Time

201920202021202220232024040 k80 k120 k160 ktCO2e-59%+14%-5%+136%-26%
  • 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 CO₂ equivalent (tCO₂e). a

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. a

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. a b

What are LVMH's Scope 2 emissions?

In 2024, LVMH reported Scope 2 greenhouse gas (GHG) emissions of 80,858 tCO₂e using the market-based method and 198,367 tCO₂e using the location-based method. a

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. a

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. a

LVMH's Scope 2 Emissions Over Time

2019202020212022202320240150 k300 k450 k600 ktCO2e
  • 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 CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

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 a

LVMH's Scope 3 Emissions Over Time

20192020202120222023202402 M4 M6 M8 MtCO2e-40%+7%+28%+16%+5%
  • 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 CO₂ equivalent (tCO₂e). a

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. a

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. a

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. a b

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. a

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: a

  • Purchased Goods and Services (Cat. 1): 3,744,590 tCO₂e (49.78%)
  • Capital Goods (Cat. 2): 1,476,234 tCO₂e (19.62%)
  • Upstream Transportation and Distribution (Cat. 4): 825,647 tCO₂e (10.98%)

LVMH's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(11.0%)Purchased Goods andServices (Cat. 1)(49.8%)Capital Goods(Cat. 2)(19.6%)

Insights into LVMH’s GHG Emissions Intensity Compared to Industry Peers

In 2024, LVMH reported Scope 1 greenhouse gas (GHG) emissions of 117,510 tCO₂e and total revenues of USD 88,121 millions. This translates into an emissions intensity of 1.33 tCO₂e per millions USD. a

LVMH's Scope 1 Emissions Intensity Compared to Peers

1002,00050,0001,000,00010,000,000Scope 1 Emissions (tCO2e)505005,00020,000200,000Revenues (Millions of USD)BeneteauYear: 2024Scope 1: 17,000 tCO2eRevenue: $M 1,076Scope 1 Intensity: 15.79 tCO2e/$MFnac DartyYear: 2024Scope 1: 15,251 tCO2eRevenue: $M 8,588Scope 1 Intensity: 1.78 tCO2e/$MCompagnie Chargeurs InvestYear: 2024Scope 1: 29,300 tCO2eRevenue: $M 759Scope 1 Intensity: 38.59 tCO2e/$MForsee PowerYear: 2024Scope 1: 448 tCO2eRevenue: $M 158Scope 1 Intensity: 2.83 tCO2e/$MKaufman & BroadYear: 2024Scope 1: 970 tCO2eRevenue: $M 1,137Scope 1 Intensity: 0.85 tCO2e/$MSMCPYear: 2024Scope 1: 401 tCO2eRevenue: $M 1,261Scope 1 Intensity: 0.32 tCO2e/$MTriganoYear: 2024Scope 1: 13,200 tCO2eRevenue: $M 4,351Scope 1 Intensity: 3.03 tCO2e/$MBurelleYear: 2024Scope 1: 74,572 tCO2eRevenue: $M 10,927Scope 1 Intensity: 6.82 tCO2e/$MFDJ UnitedYear: 2024Scope 1: 1,634 tCO2eRevenue: $M 3,190Scope 1 Intensity: 0.51 tCO2e/$MHermes InternationalYear: 2024Scope 1: 17,800 tCO2eRevenue: $M 15,786Scope 1 Intensity: 1.13 tCO2e/$MPlastiques du Val de LoireYear: 2024Scope 1: 6,600 tCO2eRevenue: $M 786Scope 1 Intensity: 8.40 tCO2e/$MOpmobilityYear: 2024Scope 1: 74,572 tCO2eRevenue: $M 10,910Scope 1 Intensity: 6.84 tCO2e/$MForviaYear: 2024Scope 1: 106,000 tCO2eRevenue: $M 28,070Scope 1 Intensity: 3.78 tCO2e/$MRoche BoboisYear: 2024Scope 1: 1,554 tCO2eRevenue: $M 431Scope 1 Intensity: 3.61 tCO2e/$MLagardereYear: 2024Scope 1: 12,956 tCO2eRevenue: $M 9,365Scope 1 Intensity: 1.38 tCO2e/$MChristian DiorYear: 2024Scope 1: 117,510 tCO2eRevenue: $M 88,121Scope 1 Intensity: 1.33 tCO2e/$MKeringYear: 2024Scope 1: 31,052 tCO2eRevenue: $M 17,892Scope 1 Intensity: 1.74 tCO2e/$MAbeoYear: 2024Scope 1: 3,336,000 tCO2eRevenue: $M 268Scope 1 Intensity: 12,442.01 tCO2e/$MMaisons du MondeYear: 2024Scope 1: 2,751 tCO2eRevenue: $M 1,072Scope 1 Intensity: 2.57 tCO2e/$MSEBYear: 2024Scope 1: 58,801 tCO2eRevenue: $M 8,602Scope 1 Intensity: 6.84 tCO2e/$MAkwelYear: 2023Scope 1: 28,258 tCO2eRevenue: $M 1,180Scope 1 Intensity: 23.95 tCO2e/$MValeoYear: 2024Scope 1: 164,569 tCO2eRevenue: $M 22,365Scope 1 Intensity: 7.36 tCO2e/$MVeralliaYear: 2024Scope 1: 2,166,000 tCO2eRevenue: $M 3,596Scope 1 Intensity: 602.26 tCO2e/$MRenaultYear: 2024Scope 1: 406,440 tCO2eRevenue: $M 58,516Scope 1 Intensity: 6.95 tCO2e/$MAccorYear: 2024Scope 1: 612,000 tCO2eRevenue: $M 5,834Scope 1 Intensity: 104.91 tCO2e/$MLVMHYear: 2024Scope 1: 117,510 tCO2eRevenue: $M 88,121Scope 1 Intensity: 1.33 tCO2e/$M

How does LVMH's GHG emissions intensity compare to its peers?

In 2024, LVMH reported a Scope 1 emissions intensity of 1.33 tCO₂e per millions USD. Compared to the peer group median of 3.78 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does LVMH rank on GHG emissions intensity within its industry?

In 2024, LVMH ranked 5 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places LVMH among the top performers, with one of the lowest emissions intensities relative to peers. a

Insights into LVMH's Total Carbon Footprint

In 2024, LVMH reported a total carbon footprint of 7,838,495 metric tons of CO₂ equivalent (tCO₂e) 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. a b

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%. a

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