PR92596

PARIS, Oct. 26, 2021 /PRNewswire=KYODO JBN/ --

Moet Hennessy, world leader in premium wines and spirits, is pleased to

announce its new ambitions to help limit global warming. The core objective

consists in adopting the 1.5 degrees C target, as stipulated under the Paris

Agreement and confirmed by the Science Based Targets initiative (SBTi).

For several years now, Moet Hennessy brands have implemented several measures

to optimize their carbon footprint throughout their value chain. In order to

accelerate its efforts, Moet Hennessy has set an ambitious goal of reducing its

greenhouse gas emissions by 50% in absolute value by 2030, compared to 2019, a

cross scopes 1, 2 and 3. This commitment is another important step in its

sustainability program: Living Soils Living Together.

To view the multimedia press release, please visit:

https://www.multivu.com/players/uk/8973251-moet-carbon-reduction-target/

Created by the Carbon Disclosure Project (CDP), United Nations Global Compact,

World Resources Institute and World Wildlife Fund (WWF), the SBTi’s mission

consists in helping companies set GHG emission reduction targets aligned with

the latest climate science.

“We believe we have an important responsibility alongside the wines and spirits

industry to significantly reduce our carbon footprint throughout the value

chain, while developing biodiversity in our regions. We have set ambitious

goals that we are committed to following regularly and integrating into Moët

Hennessy’s overall strategy,” said Philippe Schaus, President of Moet Hennessy.

In order to achieve this ambitious goal, Moet Hennessy will focus on four

measures with the greatest impact on reducing its carbon footprint: Reduce the

carbon impact from raw materials, design eco-conscious packaging, leverage

renewable energy and foster low-carbon transportation. Moet Hennessy’s teams

all share and support this ambition, which forms part of the responsible

company’s policy, and commit to integrating this challenge into their daily

operations. In addition, LVMH’s Wines and Spirits division will continue to

work closely with its external partners, from suppliers to customers, to

achieve this target together.

“While we are aware that this is a very ambitious goal, that’s what we must set

for ourselves to meet one of the greatest challenges facing our planet today.

We will need the help of our teams and partners to implement bold initiatives,

and also count on disruptive innovations to achieve our climate goal,” said

Sandrine Sommer, Moet Hennessy’s Director of Sustainable Development.

About Moet Hennessy

Moet Hennessy, the Wines and Spirits division of LVMH, encompasses twenty-five

prestigious brands internationally renowned for the richness of their land, the

quality of their products and the expertise with which they are crafted. LVMH

Vin d’Exceptions also represents prestigious wine estates.

With a focus on leaving a better world for future generations, Moet Hennessy

has been committed to the Living Soils Living Together program for many years.

It focuses on four key commitments, namely soil reclamation, climate

mitigation, community engagement and staff empowerment. Moet Hennessy is proud

to promote a diverse, equitable and inclusive workplace.

About the Science Based Targets initiative (SBTi)

Launched in June 2015, the SBTi is a joint project of the Carbon Disclosure

Project (CDP), United Nations Global Compact, World Resource Institute (WRI)

and World Wildlife Fund (WWF).

The initiative aims to encourage companies to set greenhouse gas (GHG)

reduction targets reflecting scientific recommendations. The goal consists in

promoting strategies aligned with the level of decarbonization required to

maintain global temperature increases under 2 degrees C, or even under 1.5

degrees C, above pre-industrial temperatures, in accordance with the

recommendations of the Intergovernmental Panel on Climate Change (IPCC) and the

Paris Climate Agreement.

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Photo -

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Contact:

Moet Hennessy

Jean-Christophe Laizeau

Director of External Relations

Email: jc.laizeau@moethennessy.com

Source: Moet Hennessy