Please fill in your details to download the Table of Contents of this report for free. We also do customization of these reports so you can write to us at firstname.lastname@example.org in case you need any other additional information.
As many as 28 brands are actively engaged in this programme namely Acqua di Parma, Belvedere, Benefit, Berluti, Bulgari, Celine, Chandon India, Christian Dior Couture, DFS, Fendi, Fred, Fresh, Givenchy, Glenmorangie, Guerlain, Hennessy, Hublot, Le Bon Marché, Loewe, Loro Piana, Louis Vuitton, LVMH Fragrance Brand, MHCS, Parfums Christian Dior, Royal Van Lent, Sephora, TAG Heuer, Zenith.
LVMH salutes the active engagement of its Maisons and their teams in the fight against climate change. The 112 projects deployed in 2018 – up from 64 in 2017 – have eliminated nearly 2,500 CO2 equivalent metric tons of emissions annually (over the lifecycle of equipment installed this year). This is equivalent to the annual emissions of 1,600 European households.
Created in 2016, the LVMH Carbon Fund is a pillar in the group’s LVMH Initiatives For the Environment (LIFE) 2020 environmental policy, which has announced a 25 per cent reduction in CO2 emissions by 2020 as one of its main objectives. This aligns the group with the 2°C trajectory defined by the COP21 climate conference in Paris to fight climate change. The annual contribution of each LVMH brand is calculated by multiplying the greenhouse gas emissions from its activities by the carbon price set by the group. The amount must then be invested the following year in eligible projects designed to reduce these emissions.
"The success of our Carbon Fund once again underlines the major and decisive commitment of LVMH management and all our teams to help protect the environment and fight climate change. The LIFE environmental program is a top priority for all our employees. We thank them for their engagement and we continue to count on them to help us achieve all our environmental targets for 2020," said Antonio Belloni, LVMH Group managing director. (RR)
Fibre2Fashion News Desk – India
| On 12th Aug 2020
Revenues of major Chinese textile companies with an annual turnover...
Bangladesh Economic Zones Authority (BEZA) recently signed a land...
| On 12th Aug 2020
The Baird Group is the latest UK retailer to launch a company...
‘Online economy has changed the whole dynamics of buying habits.’
‘One of the recent trends in hand block printing is the indigo process,...
AI / robotics may challenge existing long value chains
Suresh P Bagrecha
Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...
Galvanin has more than 50 years of experience in the production of textile ...
Epson is a world leader in digital imaging and printing solutions....
Birmingham City University (BCU)
<div>A technological breakthrough could see people getting messages about...
EDANA has been the leading global association and voice of the nonwovens...
Freudenberg Performance Materials is a leading global manufacturer of...
The hype around 'designer jeans' was created by him. And the new wave of...
Gramin Vikas Evam Chetna Sansthan
Ruma Devi is a jet-setting promoter of artisans who has empowered...
India Boulevard is a San Francisco-based curated fashion marketplace that...
Letter to Editor
Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.
Subscribe today and get the latest information on Textiles, Fashion, Apparel.