LVMH environment development director Hélène Valade discussed the company’s commitment to reducing its energy use. “We have been in a context of very high tension on the energy market, in particular on the electricity and power market and we have tried to act proactively to present a plan for energy sobriety,” she said. “We do things which are more profound in terms of energy efficiency, because we are talking about issues which are complex, sophisticated in a city.
The reductions are also helping the bottom line and making the financial argument for environmental programs, said Valade. “We can also talk about the economic challenge, because the power and electricity invoices are going down, and this supports the environmental transition that we need.”