Sustainability and efficiency: The lvmh strategy to reduce its carbon footprint
DOI:
https://doi.org/10.62701/revsocial.v13.5418Keywords:
Sustainability, Corporate Social Responsibility, Luxury, Efficiency, Carbon footprint, Climate change, StrategyAbstract
This research investigates efficiency in reducing the carbon footprint within the luxury sector, focusing on the LVMH group. It compares greenhouse gas (GHG) emissions, measured by CO2 outputs per IPCC standards, with overall revenue and corporate social responsibility (CSR) initiatives. The study identifies which CSR measures contribute effectively to environmental protection efforts. Findings are relevant beyond LVMH, offering insights applicable to other sectors. Achieving carbon footprint efficiency aligns with the UN's 2030 Agenda, which calls for sustainable and effective corporate strategies to combat climate change as part of broader CSR commitments.
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