providing operational support for investments in technologically advanced machinery for particular processes (16 suppliers in 2022). The programme was also extended to Stone Island suppliers in 2022.
Lastly, with the aim of providing an overall supplier assessment that also takes into account sustainability aspects, Moncler has implemented a vendor rating system. Each indicator is weighted and helps to assess a supplier based on the results achieved in each area. The vendor rating areas are:
• sustainability and compliance (working conditions and respect for human rights, chemical requirements, indicators relating to the results of compliance tests carried out on products, environmental practices, animal welfare, etc.)
• quality (rate of production defects, quality complaints reported to client service, etc.)
• delivery service level (flexibility, delivery punctuality, etc.)
• cost (price competitiveness, logistics costs, etc.)
• innovation (technological capacity, aptitude for innovation, etc.)
• financial sustainability (degree of economic resilience of the supplier).
With regard to indirect suppliers, i.e. suppliers of goods and services not related to products, since 2018 the mapping of suppliers’ quality, social, environmental and health and safety certifications is continuously updated. In 2022 the vast majority of the approximately 800 Group’s main indirect suppliers mapped have at least one certification, and around half of them already have ISO 45001 health and safety certification and/or ISO 14001 environmental certification (in line with the results emerged from the mapping activity carried out by Moncler on around 270 suppliers in 2019, 380 in 2020 and 600 in 2021). The Group also continued its awareness-raising activities to promote improvement objectives with suppliers relating to the importance of certification processes. Lastly, in 2022 Moncler continued to verify the reliability of its partners, including by deepening information on the management of sustainability issues with the involvement of 14 suppliers for which the 2021 assessments were found to be not in line with the standards. These indirect suppliers, mainly manufacturers and maintenance and service providers, have been evaluated according to 28 criteria, divided into four categories: environmental, work and human rights, health and safety, and ethics. This tool – based on international principles, standards and guidelines such as the Global Compact, Global Reporting Initiative, ISO26000 and the OECD Guidelines – provided a series of parameters making it possible to assess and compare the social and environmental performance of indirect suppliers.
All the activities described so far, both those of periodic monitoring and control of the supply chain and those of collaboration and dialogue with suppliers to promote more sustainable and responsible practices, are part of the Moncler Group’s program defined for suppliers on sustainability topics.
In this context, the Group has defined a governance system aimed at guaranteeing harmonization between the sustainability strategy for the supply chain and the Group’s purchasing practices. Above all, a Control, Risk and Sustainability Committee has been established at Board level which is entrusted by the Board of Directors with supervising the implementation of all sustainability practices, including responsible sourcing with all related activities included into Group’s program defined for suppliers on sustainability topics. This committee acts with the support of various corporate functions (including the Sustainability Unit and the Operation Team) that have operational responsibility for carrying out the various activities, for each area of responsibility, within the program.
Moreover, the Group pays special attention to the management of its purchasing practices in order to ensure their alignment with the Group’s Code of Ethics and Supplier Code of Conduct and to avoid potential conflicts with sustainability requirements. To this end, the purchasing practices are periodically reviewed and updated, and all Group’s employees involved in their implementation (both buyers and other employees who are in contact with suppliers) are trained on their proper application and on the principles of sustainability and responsibility most relevant to their work (in particular, for example, a specific training course on the principles of the Code of Ethics and a training course on Human Rights are provided).
As evidence of this, the guidelines to be followed for the purchase of all packaging used by the Group have recently been further updated precisely in order to keep them in tune with the latest scientific developments in the area of materials with a lower environmental impact; in addition, the Responsible supply chain team is responsible for periodically updating the Guidelines for Sustainable Materials, which summarizes the criteria and thresholds that guide the choice of materials and which are integrated into the purchasing practices of all raw materials purchased by the Group.