LVMH

2022 - 9 - 17

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Image courtesy of "Premium beauty"

Energy efficiency: LVMH commits to a 10% decrease in consumption (Premium beauty)

To address the current tensions on the electricity market, which are likely to increase this winter during consumption peaks, the LVMH Group has decided to ...

As a reminder, LVMH’s energy consumption in France is 354,000 MWh, equivalent to the annual electricity consumption of a city of 150,000 inhabitants. In France, the Group’s employees will be encouraged to use the EcoWatt app, which allows them to manage their energy consumption at home according to peak demand. These measures constitute a framework for the Group’s Maisons upon which they build their energy efficiency plans according to their specificities.

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Image courtesy of "Input"

LVMH will reduce its electricity consumption by 10 percent (Input)

If you want to reduce your energy bill, they say you should turn off the lights and adjust your thermostat. Luxury giant LVMH is doing both — not to save ...

LVMH employees will also receive training on how to improve their personal energy consumption on and off the clock. The electricity reduction plan will apply to France first, and globally soon after. Each of the Maisons will build off the overarching framework but have the option to adjust to their specific locations. Dimming the lights — Between October 2022 and October 2023, the LVMH Group will start turning off the lights in its Maison stores between 10 p.m. In the industrial sites, administrative sites, and stores, the Group also plans to adjust the indoor temperatures by 1 degree Celsius warmer in winter and 1 degree Celsius cooler in summer, compared to the usual heating and air conditioning settings. The announcement comes shortly after the President of the French Republic addressed tensions on the electricity market this winter, calling on retailers and businesses to lead by example.

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