-
Overall approach7/12
-
Overarching commitment on deforestation3/4
-
Signatory to an initiative tackling deforestation1/1
-
Awareness of the value of forests1/1
-
Deforestation as a business risk1/1
-
High-level management of deforestion1/1
-
Executive compensation linked to deforestation
-
Target to reduce emissions from land-use change0/2
-
Reporting on emissions from land-use change0/2
-
Disclosure of conservation activity
-
Disclosure of reforestation activity
-
Target to reduce emissions in scope 1/2
-
-
Commodity score37/88
-
Leather39/88
-
Commitment Strength15/20
-
Commitment to protect priority forests9/11
-
Commitment detailsZero-gross deforestation5.3/8
-
Commitment applies to all regions, suppliers and operationYes2/2
-
Target dateCurrent/achieved1/1
-
Interim target dateNA (target date current or achieved or 2022)0.5/0.5
-
-
Commitment to a traceable supply chain8/9
-
Commitment detailsTraces to Point of production5.3/5.3
-
Commitment applies to all regions, suppliers and operationYes2/2
-
Target date20250.5/1
-
Interim target dateYes0.5/0.5
-
-
-
Social Considerations9/18
-
Labour rights in the supply chainYes4/4
-
Inclusion of small-scale farmersNo0/4
-
Gender equality in the supply chainCommitment to address gender related labour rights including discrimination and harassment1/4
-
Commitment to remediationNo0/2
-
Commitment to ensure Free, Prior and Informed ConsentYes, the company commits to securing FPIC prior to acquiring new interests, developments, or expansions4/4
-
Commitment to resolve land conflictsNo
-
-
Reporting and Implementation13/50
-
Reporting against commitments0/3
-
Commitment to protect priority forestsNo0/2.5
-
Commitment to a traceable supply chainYes, for all commodity exposure2.5/2.5
-
-
Reporting is independently verified0/2
-
Commitment to protect priority forestsNo0/1.5
-
Commitment to a traceable supply chainNo0/1.5
-
-
Suppliers aligned with deforestation commitments across supply chainNo0/2
-
Deforestation cut off dateNo0/2
-
Collaborative actionsNo0/2
-
Risk assessments for forest riskYes2/2
-
Operations assessed to comply with lawYes2/2
-
Accessible grievance mechanismNo0/4
-
Report volumes of commodityNo reporting0/2
-
Report verified volumes of commodityNo disclosure0/6
-
Upstream: Monitor compliance with human rightsYes, commit to monitoring compliance with labour/worker rights2/4
-
Downstream: Publishing supplier listsNo0/4
-
Downstream: Monitor compliance in supply chainYes, for its suppliers3/4
-
Downstream: Reporting hectares of deforestationNo0/4
-
Downstream: Engagement with non-compliant suppliersEngage with suppliers but with no time-bound threat of exclusion1/2
-
Downstream: Disclosure of non-compliant suppliersNo disclosure0/2
-
-
-
Palm oil38/88
-
Commitment Strength12/20
-
Commitment to protect priority forests6/8
-
Commitment detailsZero-gross deforestation4/6
-
Commitment applies to all regions, suppliers and operationYes1.3/1.3
-
Target dateCurrent/achieved0.7/0.7
-
Interim target dateNA (target date current or achieved or 2022)0.3/0.3
-
-
Commitment to protect High Carbon Stock areas and/or peatlands5/5
-
Commitment detailsYes3/3
-
Commitment applies to all regions, suppliers and operationYes1.3/1.3
-
Target dateCurrent/achieved0.7/0.7
-
Interim target dateNA (target date current or achieved or 2022)0.3/0.3
-
-
Commitment to a traceable supply chain0/6
-
Commitment detailsNo traceability commitment0/4
-
Commitment applies to all regions, suppliers and operationNo0/1.3
-
Target dateNo target date0/0.7
-
Interim target dateNo0/0.3
-
-
-
Social Considerations9/18
-
Labour rights in the supply chainYes4/4
-
Inclusion of small-scale farmersNo0/4
-
Gender equality in the supply chainCommitment to address gender related labour rights including discrimination and harassment1/4
-
Commitment to remediationNo0/2
-
Commitment to ensure Free, Prior and Informed ConsentYes, the company commits to securing FPIC prior to acquiring new interests, developments, or expansions4/4
-
Commitment to resolve land conflictsNo
-
-
Reporting and Implementation18/50
-
Reporting against commitments1/2
-
Commitment to protect priority forestsYes, for partial or unclear commodity exposure0.8/1.7
-
Commitment to protect High Carbon Stock areas and/or peatlandsYes, for partial or unclear commodity exposure0.8/1.7
-
Commitment to a traceable supply chainNo0/1.7
-
-
Reporting is independently verified1/1
-
Commitment to protect priority forestsYes, using a third-party verification scheme or certification scheme.1/1
-
Commitment to protect High Carbon Stock areas and/or peatlandsYes, using a third-party verification scheme or certification scheme.1/1
-
Commitment to a traceable supply chainNo0/1
-
-
Suppliers aligned with deforestation commitments across supply chainNo0/2
-
Deforestation cut off dateNo0/2
-
Collaborative actionsNo0/2
-
Risk assessments for forest riskYes2/2
-
Operations assessed to comply with lawYes2/2
-
Accessible grievance mechanismNo0/4
-
Report volumes of commodityNo reporting0/2
-
Report verified volumes of commodity80-99%4/6
-
Upstream: Monitor compliance with human rightsYes, commit to monitoring compliance with labour/worker rights2/4
-
Downstream: Publishing supplier listsNo0/4
-
Downstream: Monitor compliance in supply chainYes, for its suppliers3/4
-
Downstream: Reporting hectares of deforestationNo0/4
-
Downstream: Engagement with non-compliant suppliersEngage with suppliers but with no time-bound threat of exclusion1/2
-
Downstream: Disclosure of non-compliant suppliersNo disclosure0/2
-
-
-
Pulp & Paper34/88
-
Commitment Strength8/20
-
Commitment to protect priority forests4/8
-
Commitment detailsProtects priority forests (including High Conservation Value)2/6
-
Commitment applies to all regions, suppliers and operationYes1.3/1.3
-
Target date20220.6/0.7
-
Interim target dateNA (target date current or achieved or 2022)0.3/0.3
-
-
Commitment to reduce use of virgin wood fibre4/5
-
Commitment detailsYes3/3
-
Commitment applies to all regions, suppliers and operationNo0/1.3
-
Target dateCurrent/achieved0.7/0.7
-
Interim target dateNA (target date current or achieved or 2022)0.3/0.3
-
-
Commitment to a traceable supply chain0/6
-
Commitment detailsNo traceability commitment0/4
-
Commitment applies to all regions, suppliers and operationNo0/1.3
-
Target dateNo target date0/0.7
-
Interim target dateNo0/0.3
-
-
-
Social Considerations9/18
-
Labour rights in the supply chainYes4/4
-
Inclusion of small-scale farmersNo0/4
-
Gender equality in the supply chainCommitment to address gender related labour rights including discrimination and harassment1/4
-
Commitment to remediationNo0/2
-
Commitment to ensure Free, Prior and Informed ConsentYes, the company commits to securing FPIC prior to acquiring new interests, developments, or expansions4/4
-
Commitment to resolve land conflictsNo
-
-
Reporting and Implementation16/50
-
Reporting against commitments1/2
-
Commitment to protect priority forestsNo0/1.7
-
Commitment to reduce use of virgin wood fibreYes, for partial or unclear commodity exposure0.8/1.7
-
Commitment to a traceable supply chainNo0/1.7
-
-
Reporting is independently verified1/1
-
Commitment to protect priority forestsNo0/1
-
Commitment to reduce use of virgin wood fibreYes, using an internal verification system.0.5/1
-
Commitment to a traceable supply chainNo0/1
-
-
Suppliers aligned with deforestation commitments across supply chainNo0/2
-
Deforestation cut off dateNo0/2
-
Collaborative actionsYes2/2
-
Risk assessments for forest riskYes2/2
-
Operations assessed to comply with lawYes2/2
-
Accessible grievance mechanismNo0/4
-
Report volumes of commodityReporting total volume2/2
-
Report verified volumes of commoditySome disclosure of compliant commodity/unclear % of volume/no verification of reporting1/6
-
Upstream: Monitor compliance with human rightsYes, commit to monitoring compliance with labour/worker rights2/4
-
Downstream: Publishing supplier listsNo0/4
-
Downstream: Monitor compliance in supply chainYes, for its suppliers3/4
-
Downstream: Reporting hectares of deforestationNo0/4
-
Downstream: Engagement with non-compliant suppliersEngage with suppliers but with no time-bound threat of exclusion1/2
-
Downstream: Disclosure of non-compliant suppliersNo disclosure0/2
-
-
-
-
Commitment strength11/20
-
Reporting and Implementation16/50
-
Social considerations9/18
Profile
LVMH is a French luxury goods group with business spanning wines, spirits, perfume, cosmetics, jewellery, fashion and retail. The group has many well-known brands, including not only Louis Vuitton, Moët & Chandon and Hennessy, but also Givenchy, TAG Heuer and Dior, amongst others. LVMH’s primary revenue stream comes from its manufacture and sale of apparel and luggage, a trade which leaves it exposed to the forest risk commodity leather. LVMH Moet Hennessy Louis Vuitton S.A. is selected as a powerbroker for palm oil, leather and paper packaging.
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Disclaimer
This assessment has been carried out following the methodology developed for the Forest 500 project, available here. Please see our disclaimer applicable to all information contained within this site and our terms and conditions for use of data presented on this site.
All assessments use policies published on company and financial institution websites, and while we endeavor to keep them updated some links may have changed or been removed since the time of assessment.
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