Industrial Solar is one of the 18 `Solar Impulse'-labelled solutions that were selected to participate in the 2020 LVMH Moët Hennessy Louis Vuitton Climate Week (https://www.lvmh.com/news-documents/news/ahead-of-the-5th-anniversary-of-the-paris-agreement-lvmh-mobilizes-all-employees-for-rollout-of-new-environmental-strategy/) from 8-11 December – an online event to allow the group to actively contribute to sustainable luxury.
As the world leader in luxury whose businesses depend directly on nature, LVMH is on the front lines of the combat against climate change and has special responsibility to deliver exemplary performance in mitigating the impact of its activities on the environment. With the topic of "HOW DOES LVMH FIGHT CLIMATE CHANGE?", the company group decided now, exactly 5 years after the signature of the Paris Agreement, to hold a specific week on climatechange:
"The week-long online event invites the Group's 160,000 employees to share the priorities of the new LIFE 360 (LVMH Initiatives For the Environment) program, setting an ambitious environmental roadmap for the coming 3, 6 and 10 years. The event encourages all LVMH teams to join the effort around the rallying cry "Be The Change!". With the event, the group lays the roadmap for its new climate targets, among others, to reach 100% renewable energy in all Group sites and eliminate the use of packages based on fossil virgin plastics.
Industrial Solar participates with its Fresnel solar steam generator (https://solarimpulse.com/efficient-solutions/fresnel-solar-steam-generator) that was honoured as one of the 1000 solutions by the Solar Impulse Foundation (https://solarimpulse.com/). The system can provide a clean energy source for the industries that are part of the LVMH group, such as textile and beverage companies. The technology generates steam onsite by using the available solar resources and can cut a large share of the fuel consumption and associated carbon emissions.