Company Ranking29 out of
LVMH Moet Hennessy Louis Vuitton SE (LVMH), the largest luxury goods company in the world whose brands include Christian Dior, Givenchy, and Louis Vuitton,1 ranks 29th out of 37 companies and discloses significantly less information on its forced labor policies and practices than its peers. Compared to 2018, LVMH improved its score by five points. This is because it began disclosing internal oversight of its suppliers’ social compliance, conducting supplier training on topics including human rights and responsible cotton sourcing, and conducting a risk mapping that included factors such as freedom of association and forced labor. It also states that it requires suppliers to ensure that subcontractors adhere to its supplier code and that it monitors subcontractors. It does not disclose the steps it has taken to address the risks of alleged Uyghur forced labor across its supply chain tiers. LVMH is encouraged to improve on the themes of Purchasing Practices, Recruitment, and Worker Voice.
HOW DO THEY COMPARE?
The comparison tool allows companies' results to be easily compared. Up to two additional companies can be selected and compare against each other as shown below.
THEME & indicator score
The benchmark methodology has seven themes, selected to capture the key areas where companies need to take action to eradicate forced labor from their supply chains. There are a total of 22 indicators accross the seven themes. For each themes, a company can score a total of 100 points.
Commitment and Governance
|Commitment||100 / 100|
|Supplier Code of Conduct||70 / 100|
|Management and Accountability||50 / 100|
|Training||15 / 100|
|Stakeholder Engagement||0 / 100|
Traceability and Risk Assessment
|Traceability and Supply Chain Transparency||0 / 100|
|Risk Assessment||50 / 100|
|Purchasing Practices||12.5 / 100|
|Supplier Selection||25 / 100|
|Integration into Supplier Contracts||0 / 100|
|Recruitment Approach||0 / 100|
|Recruitment Fees||0 / 100|
|Monitoring and Responsible Recruitment||0 / 100|
|Rights of Workers in Vulnerable Conditions||15 / 100|
|Freedom of Association||0 / 100|
|Worker Engagement||12.5 / 100|
|Grievance Mechanism||0 / 100|
|Monitoring Process||20 / 100|
|Monitoring Disclosure||0 / 100|
|Corrective Action Plans||62.5 / 100|
|Remedy Programs||0 / 100|