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LVMH published an Environment Charter signed by Bernard Arnault in 2001. This document aims to continually heighten the commitment and awareness of all Group employees. It sets out key principles, including a commitment to best-in-breed environmental performance, encouraging collective initiatives, formally structuring risk prevention and pursuing commitments that extend beyond the enterprise. This commitment was renewed in 2003 when LVMH joined the United Nations Global Compact initiated by Secretary-General Kofi Annan.
The LVMH corporate Environmental Affairs Department ensures close tracking of all related issues at the central level. It supervises a quarterly committee meeting attended by representatives of each Group company. The Group is also directly involved in many French and European environmental organisations. The Environmental Affairs Department deploys a wide range of resources to align the Group with global best practices. These include regulatory and technical intelligence, creation of specific management tools, risk prevention, training and awareness building, audits and management of reporting.
Each Group company has also developed its own Environmental Management System with support from the corporate Environmental Affairs Department. Several of the LVMH companies have embraced ISO 14001 certification, including Hennessy, Louis Vuitton, Moët & Chandon and Veuve Clicquot.