SAFEGUARD BIODIVERSITY

Moncler Group is committed to promote the protection of natural habitats and animal welfare in the areas where its production sites and supply chains are located, recognising the importance of safeguarding ecosystem and biodiversity.
The first step the Group took in line with this commitment was to identify the main biodiversity risks present within its value chain. Over the last two years the Group, with the active involvement of its suppliers, carried out a hotspot analysis to identify the main areas of supply of its strategic raw materials, quantifying, for each of them, the impact in terms of land use, climate change, water stress, land and marine pollution.

This assessment was done using a location-specific approach that enabled the evaluation of the impact-related biodiversity risks both of Group’s own operations sites and of its
value chain. The approach, developed on the basis of the guidelines of the Science Based Targets for  Nature (SBTN) and the AR³T (Avoid, 

Reduce, Restore and Regenerate, and Transform) framework, enabled the identification of the impacts generated by the Group, and the prioritisation of mitigation actions. Regarding its own operations, based on the WWF Biodiversity Risk Filter tool, there are no corporate and production sites directly operated or managed by the Group in or adjacent to Protected Areas.
Regarding the impact-related risks along the supply chain¹, the Group analysed every life cycle stage, from cultivation and extraction of raw materials to the production of semi-finished and finished products. The analysis showed that raw material cultivation and extraction are the most impacting life cycle stages for the majority of raw materials assessed. In particular, greatest biodiversity impacts are associated with animal fibres, mainly wool and cashmere, related to the use of soil during grazing. It also emerged the presence of some areas at risk of water stress along the down and cotton supply chain.

In addition, the results of the analysis were

shared with the risk management team, which evaluated them and integrated them in the Enterprise Risk Management (ERM) model and in the Risk Register; in particular, the risk assessment was done based on the analysis of the Group’s dependence on operations and on the sourcing of certain raw materials from
certain regions where the impact on biodiversity was found to be greatest.

On the basis of this analysis, the first projects, consistent with the AR³T framework, were defined, both at the Group’s activities and along the supply chain, aimed at minimising the impact on biodiversity by 2030.
The strategy will be managed as an ongoing process to be aligned with developments in the guidelines set out by the SBTN framework.
In 2022 projects were identified to support regenerative practices related to the cotton and wool supply chain, with mitigation effects on both biodiversity impacts and carbon emissions. These projects will be developed during 2023.