LVMH Moet Hennessy Louis Vuitton SE
- Board oversight
- Paris Agreement alignment
- Direct lobbying governance
- Regular monitoring cycle
LVMH has established a clear governance structure for its engagement activities by tasking its Corporate Affairs Department to work in tandem with its Environment department and the Group's Maisons and regional divisions to align both direct and indirect lobbying with its climate objectives. The Corporate Affairs Department "analyses relevant policies and laws, considers the strategic issues at stake, coordinates actions in support of the Group's external positioning, and participates, in conjunction with the Maisons, LVMH's regional divisions and the Environment department, in the decision-making processes of authorities ... directly and/or in collaboration with representative associations," while "monthly meeting[s] with the LVMH Environmental Department" ensure that these activities remain consistent with its climate change policy. Additionally, the company confirms a public commitment "to conduct your engagement activities in line with the goals of the Paris Agreement," reinforcing its alignment intent. However, the company does not disclose a dedicated board-level or senior executive oversight beyond departmental coordination, nor does it publish a standalone audit or detailed report assessing the alignment of its climate lobbying efforts.
This assessment is part of the Lobbying Governance Index, covering 8,500 companies scored on whether they have processes to oversee their climate lobbying. See all companies in North America or all companies in United States.