Standard Ethics has confirmed the Corporate Standard Ethics Rating (Ser) ‘E+’ at LVMH. The first Corporate Ser awarded to the company dates back to 2015. The company is a constituent of the SE French Index and the SE European 100 Index. It is a candidate for entry into the SE European Fashion&Luxury Index, due out in June 2023.
The Lvmh Moët Hennessy Louis Vuitton group
Lvmh Moët Hennessy Louis Vuitton is a diversified group that manufactures and sells luxury goods. The company’s main business areas, in addition to the fashion sector, include wines and spirits, perfumes and cosmetics, watches and jewellery. “The scope and involvement of the company in various markets make the composition of sustainability policies complex and articulated – explains Stardard Ethics -. However, analysts have noted a voluntary and progressive alignment of Lvmh to international indications with specific regard to environmental policies and to key governance tools, including the Code of Conduct and the Supplier Code of Conduct”.
Achieved gender equality
In terms of corporate governance, the achievement of gender equality. Future implementations include the possibility of expanding public policies to cover the entire ESG spectrum.
Source-www.adnkronos.com