LVMH

Louis Vuitton, Dior, Sephora, Tiffany & Co., Fenty, Ole Henrickson
France
Consumer Durables and Apparel

Corprate Bias Ratings

Risk Level:

Rating - Caution
Medium Risk

LVMH owns multiple luxury goods brands including Louis Vuitton, Dior, Sephora, Tiffany & Co., Fenty, Ole Henrickson, and many more. LVMH vets vendors according to LGBTQ policies, is part of the Global Alliance for Responsible Media, and does not provide its employees with protections against viewpoint discrimination, though the conglomerate has not publicly terminated business relationships based on views or beliefs. LVMH uses corporate funds to support employees' abortion-related travel and discriminates against faith-based organizations in its charitable giving. For these reasons, LVMH receives a Medium Risk rating.

Criteria
Risk Level
Rationale
Corporate Weaponization
Criteria

Has denied service to customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level
Rationale

LVMH is a member of the Global Alliance for Responsible Media, which aims to demonetize advertisements and suppress content that “vilifies” individuals based on sexual orientation and gender identity, discusses “debated social issues in a negative or partisan context” or spreads “hate speech” (1)(2)(3). However, there are no publicly known cases of LVMH terminating business relationships due to views or beliefs.

Criteria

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level
Rationale

LVMH unilaterally disqualifies all religious organizations and houses of worship from its donation matching program (1).

Criteria

Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.

Risk Level
Rationale

LVMH’s Code of Conduct “prohibits all forms of discrimination” without any limiting or exhaustive language, although the company does not list any forms explicitly (1).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.

Risk Level
Rationale

LVMH has not used its corporate reputation to promote ideological agendas. However, executive Nicolas Ghesquiere of LVMH subsidiary Louis Vuitton responded negatively to the company’s business partnership with Donald Trump, publicly tweeting “#TrumpIsAJoke” (1).

Criteria

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level
Rationale

In the wake of the decision of the Supreme Court overturning Roe v. Wade, LVMH expanded its medical benefits program to cover the travel expenses of its employees seeking abortions (1). LVMH is a member of the Global Alliance for Responsible Media (2)(3)(4).

Criteria

Uses corporate political contributions for ideological, non-business purposes.

Risk Level
N/A
Rationale

LVMH does not have a PAC.

All links were last accessed and all information was updated on:
September 26, 2023

Company reports are intended for educational use only. Full Disclaimer

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