LVMH Commits to Consuming 30% Less Water by 2030
10 Julio 2023 - 5:10AM
Noticias Dow Jones
By David Sachs
LVMH Moet Hennessy Louis Vuitton said Monday that it has
committed to reduce its water consumption by 30% by 2030.
The French luxury goods company said the goal aligns with a new
French regulation to adopt specific action plans to conserve water.
Water is essential to LVMH's alcohol, perfume and cosmetics, and
clothing businesses, it said.
Among other measures, LVMH said it will reach the 30% reduction
by monitoring water usage with pressure indicators and geolocation
technology, reusing treated wastewater, and introducing
water-recycling systems at distilleries and workshops.
Write to David Sachs at david.sachs@wsj.com
(END) Dow Jones Newswires
July 10, 2023 05:55 ET (09:55 GMT)
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