LVMH heeds ( Louis Vuitton Moët Hennessy ) responds to the call of the government of French President Emmanuel Macron , related to a series of environmental reforms . The group announces an energy plan that aims to contribute “in a concrete way and without delay to the national effort.” Current tensions in the electricity market, due to the situation in Ukraine, are likely to increase this winter during peak consumption. For this reason, the LVMH group has made the decision to reduce electricity consumption starting in October. First in France and then the entire group worldwide.
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LVMH has highlighted in the official industry email list statement two key measures, which according to the group, will reduce energy consumption by 10% between October 2022 and October 2023: Turn off the lighting in the warehouses of the Group Houses between 10 p.m. and 7 a.m. In the case of administrative premises at 9 p.m. Secondly, there is the modification of interior temperatures. Both in industrial sites, administrative sites and stores. – 1°C in winter compared to current temperature settings and +1°C in summer. The multinational, absolute leader in the luxury goods market, points out that these measures are the foundations.
LVMH will motivate its employees to adopt new consumer behaviors
The group states in the statement BM Lists that it will encourage its 34,000 employees in France to adopt new electricity consumption behaviors through an awareness campaign. «In France, Group employees will be encouraged to use the EcoWatt application . “That allows them to control their energy consumption at home according to maximum demand,” says LVMH. In addition, the multinational will reinforce investments to complete the group’s energy transition and in renewable energies around the world. The Group had already announced in 2021 the goal of achieving a 100% renewable.