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LVMH Creates Internal Carbon Fund

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By: TOM BRANNA

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FRANCE: LVMH is implementing an internal carbon fund, which is already estimated at more than €5 million. The fund will be financed by contributions from each maison, calculated using the greenhouse gas emissions generated by their activities, specifically in terms of energy consumption in their production sites and stores, according to the luxury goods company.  The carbon fund will take effect in 2016, according to LVMH. “The most beautiful materials used in viticulture and oenology, the...

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