The group has pledged to limit its impact on ecosystems, in turn rehabilitating five million hectares of Amazon rainforest habitat by 2030.
The biodiversity strategy is structured around four objectives: to establish a biodiversity impact measurement system, to avoid and reduce impacts on ecosystems, to promote animal welfare, and to regenerate ecosystems.
Antoine Arnault, image and environment at LVMH, said: “LVMH has committed to making the protection of biodiversity an absolute priority, and to being an exemplary actor of change – audacious, creative and demanding in building a more sustainable future.
“The ambitious goals we continue to set ourselves for reducing our environmental footprint are regarded as creative opportunities far more than fresh limitations.”
An annual budget of €5m (£4.3m) will be placed towards LVMH and UNESCO’s anti-deforestation programme, as it looks to enable the identification of good practices and the establishment of sustainable economic activities in areas of deforestation.
Audrey Azoulay, director-general at UNESCO, said: “The UNESCO world network of biosphere reserves already numbers more than 700 sites of experimentation and sustainable solutions.
“By itself, this network already represents more than 5% of the Earth’s surface. Marking the 50th anniversary of this program, our partnership with the LVMH Group is a concrete way of bringing this accumulated experience to fruition.”