LVMH SHARES
In 2024, LVMH launched its first international employee share ownership plan. Through LVMH Shares, the Group offers employees a stake in its performance and bolsters the ties between collective success and individual engagement.
In 2024, LVMH reached new heights in its commitment toward its employees by launching LVMH Shares, the Group’s first international employee share ownership plan. Overall, 135,000 employees across 11 countries and regions were eligible to sign up to the scheme, representing 70% of the global workforce.
The idea behind LVMH Shares is to reinforce the feeling of belonging, recognize the contribution made by employees to the Group’s development, and enable them to share in the success of growth. The conditions by which employees may acquire shares make the scheme highly accessible in a way that bolsters purchasing power and adapts to different situations prevailing in different regions.
The launch of LVMH Shares was met with a very positive response. It reflects a collective dimension that aligns with the Group’s culture built on empowerment, trust and recognition. It complements existing schemes designed to enhance employee engagement, including in particular the internal mobility, training and talent development policies.
The success of LVMH Shares also requires a considerable effort to educate and inform. Tools were deployed to support employees all throughout the process to enable them to understand everything involved in employee shareholder schemes and make fully informed decisions. By giving employees a direct connection with the Group’s financial success, LVMH strengthens its long-term growth model.
OUR INITIATIVES
Group's intiatives
LVMH continually reaffirms a commitment to diverse teams, reflecting the reality of its businesses and creating an invaluable source of performance.
As part of the corporate social responsibility efforts which LVMH has pursued for nearly 15 years, the Group launched the LVMH Heart Fund in June 2021.
Steadfast in the commitment to integrating people with disabilities into the workplace, LVMH has launched an inclusive program to enhance accessibility, recruit people with disabilities and provide them with the support that enables them to perform their best at work.
LVMH announces the second edition of its “Voices of Inclusion Week”, a global momentum to showcase its collective commitment to fostering an ever more inclusive culture.
The LVMH Group is strongly committed to the well-being of its employees.
The first training program in the luxury industry with a work-study format, the ME Institute offers training in Creative, Craft and Client Experience métiers.
LIVE — L’Institut des Vocations pour l’Emploi works with people aged 25 and over looking to get back into work and make a fresh start.
As an employer, the LVMH group considers itself responsible for providing a safe and fulfilling work environment for all of its employees by combining quality of life at work and the drive for performance.
LVMH encourages open communication and dialogue within the Group and with its external partners and clients (“stakeholders”).
LVMH has been actively involved in the fight against sickle cell anemia since 2011, providing support for teams at Robert Debré Hospital in Paris, one of the world’s leading research centers for the disease.
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