Question: Has the organization made a commitment to use 100% renewable electricity and, if yes, by what year have they committed to achieve this?
Answer:
By 2030
7625875
Climate Action Research
2020
Unverified - Added by Community
updated almost 3 years ago by Singh Anjali

pg. 69

"LVMH is implementing a carbon-reduction pathway in line with the Paris Agreement and working toward the EU target of carbon neutrality by 2050. Objectives have been set, in particular to use only renewable or low-carbon energies at sites and in stores by 2026; roll out a program that fosters green e-commerce; and work with livestock suppliers to reduce methane—a potent greenhouse gas."

pg. 94

"The proportion of renewable energy used by LVMH surged from 1% in 2013 to 39% at the end of 2020, well above the LIFE 2020 objective of 30%. This shift has spurred all Group stores and facilities to work toward consuming energy exclusively from renewable or low-carbon sources by 2026, a pledge set out in the new LIFE 360 program."

Singh Anjali.....2021-08-05 05:47:38 UTC