LVMH & Maisons Reaffirm Green Commitments at ChangeNOW Summit

LVMH once again participated in the renowned ChangeNOW summit, a premier event dedicated to offering solutions for global sustainability, hosted at the Grand Palais Éphémère in Paris from March 25 to 27.

At the summit, LVMH reaffirmed its steadfast commitment to fostering creative circularity, a cornerstone of the LIFE 360 program (LVMH Initiatives for the Environment) introduced in 2021. Hélène Valade, the Environmental Development Director of the LVMH Group, engaged in a round table discussion on eco-circularity alongside Sophie Pignères, the founder and CEO of WeTurn, and Romain Brabo, co-founder and co-CEO of Nona Source. Both startups have enjoyed collaborative partnerships with LVMH for several years.

Hélène Valade emphasized LVMH’s dedication to advancing creative circularity within the framework of the LIFE 360 program initiated in 2021. Notably, LVMH has achieved its 2023 objective of implementing new circular services, thanks to the establishment of ‘repair and care’ task forces by various brands within the Group. Additionally, LVMH unveiled the inception of LVMH Circularity, a comprehensive ecosystem consolidating the Group’s expertise alongside partners like Nona Source, the CEDRE platform, WeTurn, and Agence du Don en Nature, focusing on reuse and recycling initiatives. These solutions facilitated by LVMH Circularity enable the repurposing of fabric and leather offcuts, surplus raw materials, and unsold products, contributing to sustainable practices.

Moreover, during the summit, Nona Source, renowned for its innovative reuse of luxury materials, unveiled several groundbreaking initiatives aimed at promoting sustainable innovation and excellence in fashion and design. These initiatives included expanding its showroom and introducing a new exclusive selection of premium surplus leathers. Notably, Nona Source extended its solution to luxury brands beyond the LVMH umbrella, offering avenues for recycling or reusing surplus fabrics from previous collections.

Alexandre Capelli, Deputy Director of Environmental Development at LVMH, contributed to the panel discussion titled “Collaborative Pathways to the One Water Summit: Innovative Solutions for the Net Zero Water Agenda.” Facilitated by Barbara Pompili, special envoy of French President Emmanuel Macron to the One Water Summit, the session explored the potential for collaborative efforts among the private sector, NGOs, and financial institutions to address the pressing challenge of ensuring access to clean drinking water, a critical global concern.

Source Link