Sign up to access all our data and the evidence and analysis underlying our overall scores. Once you've created an account, we'll get in touch with further details:
Sign Up
Overall Assessment |
Comment |
Score |
Comprehensive |
LVMH provides highly detailed insight into its climate-related lobbying. It names the individual public-policy files it engages on, including the EU “Product Environmental Footprint Category Rules” (PEFCR) for apparel and footwear, the forthcoming EU Green Claims Directive, and the update of French environmental-labelling rules for garments, showing exactly where its influence is directed. The group also sets out the methods and targets of that influence: it sits on the Technical Secretariat that drafts the Apparel & Footwear PEFCR, supplies data and supporting studies to the European Commission process, meets with the EU Environmental Commissioner, and works through the Fédération de la Haute Couture et de la Mode to brief French authorities, giving clear examples of both direct and association-based engagement. Finally, it is explicit about what it wants to achieve, backing the swift introduction of product environmental labelling that includes greenhouse-gas indicators, pressing for durability and quality criteria to be embedded in the Apparel PEF methodology, and supporting a legislative solution “with no exception” to curb greenwashing. This level of specificity across the policies addressed, the mechanisms used and the outcomes sought demonstrates comprehensive transparency in the company’s climate-policy lobbying.
|
4
|
Overall Assessment |
Comment |
Score |
Moderate |
LVMH discloses a basic governance process that links its lobbying work to its climate strategy, stating that the Corporate Affairs Department keeps an eye on developments and, where applicable, plays an active role in discussions including climate change and that the LVMH Corporate Affairs Direction and the Environment department coordinate together on all our direct and indirect activities that influence policies Through monthly meeting with the LVMH Environmental Department, we can ensure that our activities are consistent with our climate change policy. This description provides a concrete mechanisma recurring, cross-functional reviewindicating that lobbying positions are checked against internal climate objectives, and it names two formal bodies that share responsibility for this oversight. The company also affirms a public commitment to conduct your engagement activities in line with the goals of the Paris Agreement, which signals an intent to align advocacy with climate goals. However, though LVMH has detailed that it is aligned with the lobbying positions of four trade associations, it does not disclose any detailed procedure for assessing and ensuring the climate-policy alignment of its memberships in trade associations. Nor does it mention publishing a lobbying-alignment review, engaging third-party auditors. Consequently, while the existence of coordination meetings and a stated commitment indicates moderate governance.
|
2
|