In 2015 Moncler conducted its first materiality analysis with a view to identifying, in line with business strategy, the strategic social and environmental priorities of the Group and outlining the content of the Sustainability Report 2015.
Material issues are matters which have a significant impact on the economic, social and environ- mental performance of the Company or which may substantively influence the assessments and decisions of stakeholders. Accordingly, the analysis of materiality takes into consideration the point of view not only of the organisation but also of its stakeholders.

The materiality analysis was conducted by the Sustainability Unit with the support of a specialist consultancy, consisting of a structured process that involved Group management.
Materiality was analysed through a four-stage process:
– Identification of all issues of potential material significance for Moncler, involving a review of Company documentation (Code of Ethics, Annual Report, Strategic Plan, etc.),

external literature on changes in scenario1, assessment questionnaires by sustainability rating agencies and an analysis of the sector of reference, media and internet research and multi-stakeholder standards/initiatives2;

 

– Prioritisation of issues by officers from internal Moncler divisions, tasked with assessing individual issues from the Company’s point of view and from the point of view of stakeholders, assigning a ranking of importance from 1 to 5.

For this first materiality analysis, all stakeholders were considered on par, with assessments made on the basis of the perceptions of the internal officers;

 

– Approval by the Sustainability Steering Committee;
– Presentation to the Board of Directors.
The materiality analysis identified 15 issues3, shown in the matrix on the next page, including: brand reputation; product quality and safety; responsible sourcing; client relations and satisfaction; employee performance assessment and career development; fostering a culture of sustainability; animal welfare and employee engagement.

A table correlating the material issues identified with GRI–G4 indicators is provided on page 161 of this report. The analysis of materiality is a dynamic process. While on the one hand the outcomes of the analysis steer internal divisions in identifying the areas in which initiatives are to be focused, on the other, ongoing engagement with stakeholders, the implementation of the Sustainability Plan and developments in the operating context will require the regular review of the matrix and the updated assessment of the risks and opportunities connected with sustainability.

NOTE

¹ Report del World Economic Forum, the Sustainability Manifesto for Italian Fashion, reports and studies of the Nordic Initiative Clean and Ethical and the Sustainable Apparel Coalition (Higg Index).

² Global Compact, GRI-G4 Sustainability Reporting Guidelines, OECD Guidelines for Multinational Enterprises.

³ In the analysis, aspects related to governance, regulatory compliance and economic performance are prerequisites and therefore have not been included individually in the process, although they are covered in this Report.