Louis Vuitton 2011 Annual Report Download - page 122
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LVMH 2011
Talent
12 / 24
Among the year’s development, the
increasing use of pre-audits helped to better
identify suppliers’ practices in advance
and, where appropriate, to decide not to
cooperate with them. In addition, suppli-
ers’ self-audits of their social and environ-
mental practices, implemented by some
brands, complete the awareness and con-
trol process. As part of the certification
process conducted by the Responsible
Jewellery Council, widely followed by all
Group companies, many suppliers of
Watches and Jewelry brands have been
audited and certified in 2011. This certifi-
cation notably includes business ethics
and social and environmental policies and
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Driven by a will for continuous progress,
all the brands will continue to implement
in 2012 their supplier audits programs and
follow-up on their action plans.
In 2011, 453 social and/or environmental
audits were conducted, nearly 80%
by specialized third-party experts, at
380 of our suppliers. 380 audits have
focused exclusively on social criteria.
More than a third of these audits yielded
results in line with our requirements,
and 38% showed minor non-compliances.
The audits which showed a need
for signicant improvement by the supplier,
or a major non-compliance represented
21% and 3% respectively of the audits
performed. A total of 121 corrective action
plans were set up at our suppliers where
the audits identied areas of improvement.
Some Group brands have had to end
their collaboration with suppliers whose
results of social audits made appear
major non-compliance with our Suppliers’
Code of Conduct.
BREAKDOWN
OF AUDITS BY REGION
32% Europe
62% Asia
4% North America
2% Others
DONNA KARAN INTERNATIONAL
SPONSORS TRAININGS FOR
ITS VENDORS
In the summer of 2011, over
220 representatives from 45 vendors and
97 factories attended the Donna Karan
International sponsored social compliance
and restricted substances trainings
held in New York City
and Shanghai and Shenzhen China.
The two-day trainings, which were run by
third-party experts, covered supplier
capacity building and continuous
improvements, worker engagement,
corrective action plan improvements, and
restricted substances updates.
BREAKDOWN
OF SUPPLIERS BY REGION
66% Europe
20% Asia
10% North America
4% Others
BREAKDOWN OF AUDITS
BY TYPE OF AUDITS
10% Pre-audits
38% 1st audits
52% Re-audits
Perimeter: Wines & Spirits, Louis Vuitton Leather Goods and Shoes, Fendi, Donna Karan, Céline, Marc Jacobs, Givenchy Couture,
Kenzo, Loewe, Perfumes & Cosmetics, TAG Heuer, Hublot, Fred, Chaumet, DFS, Sephora.