Question: Does the company assess its environmental risks?
Answer:
Yes
3619480
Danielle Keller Aviram
Bulgari
2017
Unverified - Added by Steward
updated about 6 years ago by Lucia Ixtacuy

Bvlgari is reported as, as part of the LVMH Group. the LVMH Environmental Report 2017, states the percentage of sites subject to an environmental audits, which must address am assessment of environmental risk ...

"Each Maison selected its most strategic environmental challenges, based on its activities and specific problems. Bvlgari, for example, has selected five such challenges: the securing of access to raw materials; the compliance and traceability of raw materials; the social and environmental responsibility of suppliers; the impact of its business activities on climate change; and the environmental excellence of its processes. For

each challenge selected, annual improvement objectives have been set." p. 14

 

"At Group level, 1,497 social and/or environmental audits were carried out in 2017, more than 80% of which were conducted by specialist third parties at 1,015 of our suppliers. 58% of the audits covered both social and environmental criteria. Although 55% of the audits completed were in line with Group standards, 30% revealed minor cases of noncompliance, 12% showed a significant need for improvement on the supplier’s part, and 3% revealed a case of major noncompliance. The observed breaches primarily concerned the Health & Safety indicator. A total of 570 corrective action plans were implemented following these audits." p. 17

Lucia Ixtacuy.....2018-06-06 10:57:56 UTC