At COP 28, LVMH announces a redoubling of its biodiversity and climate initiatives, in line with its LIFE 360 environmental program

Taking into account the critical need to combat global warming, LVMH is more married than ever to its environmental targets. As Bobby 28 takes place in Dubai( United Arab Emirates) from November 30 to December 12, the Group is stepping up its enterprise to cover biodiversity and combat climate change.

Convinced that companies have a major part to play in the fight against climate change, LVMH, whose environmental action has been a pillar of its growth strategy for nearly 30 times, is continuing its policy of evidence and dialogue with stakeholders following its presence at Bobby 26 and 27.

Designed to forge a new alliance between nature and creativity, LIFE 360 is the Group’s environmental action program, grounded on four pillars the fight against climate change, the protection of biodiversity, creative circularity, and traceability.

hand of a new agreement with the Foundation For Amazon Sustainability( FAS) to combat deforestation.

LVMH is also taking action to combat global warming right across its value chain( compass 3), by supporting ecosystem and soil preservation enterprise, to increase soil carbon storehouse capacity. guarding biodiversity is a critical charge for all of LVMH Group’s conditioning, since nature provides its essential raw accoutrements in all six sectors.

Continuing its cooperation with UNESCO’s ‘ Man and the Biosphere ’( MAB) program, at Bobby 28 LVMH is launching a new design with the Foundation for Amazon Sustainability( FAS). The end of this new design is to combat deforestation, one of the main pitfalls to ecosystems in the Amazon region. LVMH is investing 1 million euros in its cooperation with FAS to balance environmental protection with sustainable development that respects original artistic surrounds.

LVMH’s overall ideal is to regenerate 5 million hectares of wildlife niche worldwide, and to limit the environmental impact of its conditioning. This design focuses on three main areas

  1. Biodiversity and ecosystem conservation LVMH is committed to developing a report on biodiversity in the Rio Negro region, and to enforcing a biodiversity monitoring scheme that focuses on flagship wildlife species in the region.
  2. Education and capacity structure The Group has handed support for operating seminaries and for educational accoutrements concentrated on sustainable biodiversity operation. It has also developed educational content on the Aichi Biodiversity Targets and on biodiversity conservation for youthful scholars and community leaders.
  3. Sustainable force chains on the ground LVMH has invested in product structure in being original force chains( community tourism, traditional crafts, recreational fishing, wood operation) and in distribution channels for original force chains. The cooperation was inked on Saturday, December 2( 2- 3 pm original time) at the Stella McCartney stage – herbage Zone, Expo City, with Antoine Arnault( Image & Environment, LVMH), Hélène Valade( Group Environmental Development Director, LVMH) and Virgilio Viana( CEO, FAS). LVMH is also proud to advertise the first results of its cooperation with indirect Bioeconomy Alliance( CBA), homogenized in November 2022 at Bobby 27 in Egypt further than 500 growers linked and trained in two regions around Lake Chad.
    12 hectares reserved to act as a laboratory and training center.
    A0.5- hectare tree nursery launched to supply the shops that growers need.
    The first regenerative cotton crops will take place in 2024. The end is to integrate this product into the force chains of the Group’s Maisons.
    The regenerative cotton husbandry and agroforestry program in the Lake Chad region introduces sustainable and regenerative cotton product styles, promoting biodiversity as well as profitable openings for the original population.
    This design is part of the Great Green Wall design, which aims to check desertification, with a target of potting 500,000 trees and regenerating 5,000 hectares by 2026. In 2023, The International Rescue Committee( IRC), which has significant moxie in enforcing systems in areas with sensitive geopolitical and societal surrounds, joined the design.

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