THE APPROACH

In doing business, Moncler commits to protecting the environment, preserving natural resources and contributing to the fight against climate change.

Given the nature of its business model, in which production is mainly managed through suppliers1, Moncler’s most significant environmental impacts occur indirectly. Albeit within the limits of its influence, the Group encourages its production and logistical suppliers to apply good environmental practices, in an effort to limit the indirect impact of the production and distribution of its products.

Regarding direct environmental impacts, i.e. those caused by offices, stores, the logistics hub and the production site, the Group is directing its efforts along several main pathways:
• using more efficient lighting systems and environmentally-friendly ICT equipment;

• buying electricity from renewable sources;
• using technology to support interaction between employees, cutting business travel;

using resources efficiently and buying from responsibly managed sources;
engaging and raising awareness among people through guidelines and programmes to reduce consumption of paper, toner and energy, and separated waste collection.

Starting in 2015, Moncler began to monitor a number of environmental indicators in a significant sample of offices and points of sale around the world, to obtain the information needed to draw up improvement plans; in the coming years the Group will progressively expand the reporting scope and the number of measures included in the report.

MANAGEMENT OF RESOURCES

Energy consumption and CO₂ emissions

Moncler’s energy use is mainly connected to heating, air conditioning, lighting and the operation of IT equipment. As well as the gradual replacement of traditional lighting sys- tems with LED bulbs and the use of environ- mentally friendly ICT equipment,

the Group is committed to identifying ways to be even more energy efficient.

During 2015, energy audits were performed at two of the three Italian corporate offices, in Trebaseleghe (Padua – Italy) and in Via Solari, Milan.

The audits found areas for improvement relating to lighting, which during 2016 will be the subject of targeted initiatives at the Trebaseleghe office.

Use of raw materials

The main raw materials used by Moncler are fabrics, yarns and down. The Company works continuously with its suppliers in this area and requires production processes to be structured so as to optimise usage and cutting, thereby avoiding waste.

There is also a special focus on paper and cardboard used for office purposes or product packaging including improvement projects looking at origin certification, percentage of recycled content and, where possible, usage limitations and separated waste collection for recycling.

64% of the paper used in offices and shops during 2015 came from responsible sources (sources that guarantee environmentally-friendly forest management) and this percentage will reach 100% in 2016.
In late 2015 a new environmentally-friendly shopping bag was designed using paper from responsible sources and 60% from recycled material (Post Consumer

Waste – PCW) bleached without using elemental chlorine (Elemental Chlorine Free – ECF). The new shopping bag has cotton handles and is completely biodegradable and over 90% recyclable.

In addition, the packaging boxes used for sending products sold online have been redesigned. They will be made of paper/cardboard from responsible sources and 65% from recycled material, bleached without using elemental chlorine. The boxes are also more than 90% recyclable.

In addition, since September 2015, all materials bearing the brand logo¹ in Europe and the United States are ECF and come from responsible sources and production facilities that are ISO 14001 or EMAS certified. In 2016 this commitment will be extended to the rest of the world.

WASTE

The main waste generated by Moncler’s activities is packaging materials and office waste.
The Group’s offices and shops have specific containers for separate waste collection and employees are trained on the importance of following good practices so that

waste can be taken away for disposal or recycling/reuse.

The following items are subject to separate waste collection: paper, cardboard, wood, plastic and computer equipment.

The information in the table below refers to the Italian offices and logistics hub and does not include waste managed directly by local municipal companies.