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|Scope 3 Methodology||view|
1 Endorsed by CDP, the United Nations Global Compact, the World Resources Institute (WRI) and the World Wide Fund for Nature (WWF), the Science Based Targets initiative establishes and promotes best practices in setting science-based targets, in addition to evaluating companies’ objectives.
2 Net zero emissions are achieved when anthropogenic CO2 emissions are balanced globally by anthropogenic CO2 removals over a specified period, through neutralisation mechanisms. In particular, to contribute to the achievement of net zero emissions, companies have to reduce emissions and neutralise residual emissions.
3 The 2021 figures include the Moncler Group assuming Stone Island consoli- dated from January, 1st. See the Appendix for the table including data relating to Stone Island for the last nine months of 2021, i.e. from the acquisition date.
4 The data include total consumption based on the total cost of natural gas expenses (excluding cases where the data is managed by the host de- partment stores).
5 The data include the consumption and emissions of the car fleet with ref- erence to the global scope in 2022, 2021 and 2020. In 2022, the Group’s car fleet was characterised by 63% hybrid and electric vehicles (70% for Moncler brand), to which the respective vehicle consumption factors have been applied.
6 This figure includes green energy certified according to the Renewable Energy Certificate (REC)/Guarantee of Origin (GO)/International Renew- able Energy Certificate (I-REC)/Non-Fossil Certificates (NFC).
7 This figure includes insignificant dispersion of refrigerant gases for a total amount of 47 kg in the EMEA Region.
8 CO2e emissions (including CH4, NO2, HFC, PFC and SF6 emissions, where present) have been calculated in accordance with the GHG Protocol guidelines. The parameters used for the calculation are derived from IEA, 2019, 2020 and 2021 (emission factors for electricity), UNI EN 16258 and JEC 2020 (fuel emission factors) and the Department for Environment Food and Rural Affairs (DEFRA).
9 Moncler’s energy consumption from renewable sources includes the Chinese mainland, Hong Kong SAR and Macao SAR, while Taiwan’s cor- porate energy consumption to date comes from conventional energy.
10 Excluding the shop-in-shops (13 at global level) where lighting systems are provided by the host department stores and on which Moncler cannot take action. However, at 2022 year closing these shop-in-shops had LED lighting systems.
11 In 2022 also investments in LED systems in Korea and Japan were included.
12 Excluding shop-in-shops.
13 Achieving carbon neutrality involves reducing impacts through CO2 emission reduction activities such as purchasing energy from renewable sources, using more efficient lighting systems, using vehicles with low environmental impact and neutralising residual emissions with carbon credits generated by positive impact projects. Each credit, certified ac- cording to the most relevant international standards, such as the Gold Standard or Verified Carbon Standard (VCS), certifies that a tonne of CO2 has been reduced or removed from the atmosphere.
14 “Capital goods” includes indirect emissions generated by the renovation and expansion of stores, furniture and IT systems.
15 “Other” includes indirect emissions generated by the following categories: waste, business travel, end-of-life treatment of sold products and fuel- and energy-related activities.
16 Figure calculated applying location-based emission factors to all scope 3 categories, excluding “Third party warehouses”. The emissions for this latter category, for which primary data are available, have been included in the calculation applying the relative market-based emission factors.
17 In 2022 the perimeter was further expanded to include additional flows such as returns from the e-commerce channel in the EMEA and Americas Regions and shipments of packaging from suppliers to local warehouses.
18 Well-to-Wheels (WtW) value. Emissions from logistics transport have been calculated in accordance with the GLEC Framework 2.0.
19 In line with the recommendations of the Science-Based Targets initiative, the scope 3 emissions covered by the objective do not include emissions associated with the use of sold product.