An Inside View of How LVMH Makes Luxury More Sustainable
Harvard Business Review
JANUARY 11, 2017
Charles Gibb, Belvedere’s CEO, says it made a strategic choice to invest in this project, even though it had a longer payback period than normal. As usual, short-term pressures on financial performance are a concern, and change takes time. As a result, Belvedere’s greenhouse gas emissions have dropped by 40%.
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