Luxury leader LVMH, in green mode, laments Thunberg's pessimism

FILE PHOTO: Bernard Arnault, Chief Executive Officer of LVMH Moet Hennessy Louis Vuitton SE, attends the company's shareholders meeting in Paris, France, April 18, 2019. REUTERS/Benoit Tessier

PARIS (Reuters) - Environmental activist Greta Thunberg's discourse on climate change was overly pessimistic and demoralising for young people, LVMH boss Bernard Arnault said on Wednesday, as the group behind brands like Louis Vuitton raised its "green" goals.

LVMH, the world's biggest luxury goods conglomerate, which like its peers is seeking to improve its environmental credentials and keep young consumers onside, said it was further cutting emissions and improving sourcing on materials like animal fur.