Paris-based luxury group LVMH has issued an updated on the progress it made last year in the realm of social and environmental responsibility.

The company, which notably opened the doors to a new Fendi footwear workshop in the town of Fermo in Italy’s Marche region in 2022, told stakeholders that 91% of its leather supply chain had achieved some form of certification as of the year’s end, an increase of 10% compared to 2021. Its target is for 100% of all strategic raw materials to be certified by 2026.

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