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Over the years, Moncler has promoted and sponsored many initiatives in support of local communities and charitable organisations, through cash contributions, donating clothes, and providing organisational support to national and international programmes.
Moncler’s commitment to community support finds expression in initiatives related to scientific research and medical prevention, social development and poverty,
and emergency relief. The Company carries out other work to support local communities near its main areas of activity, in collaboration with local authorities and people. This is made possible by the constant interaction and dialogue between the heads of the Company’s main offices and local representatives and administrations, which helps Moncler understand community needs and expectations, recognize the impact of its operations on the population,
and ensure social consensus. In 2020 the Company played a very active role in the COVID-19 emergency support, through a number of initiatives dedicated, not only to employees, but also to the community at large.
During the year, Moncler invested more than 5.5 million euros in local community initiatives (+107% compared with 2019)1.
1 The figure includes both cash contributions and the donation of goods and face masks. The figure does not include approximately 5.5 million euros out of the 10 million euros donation made in March 2020 for the construction of a hospital at the former Milan Trade Fair, which was returned by the Region of Lombardy when the hospital was funded by other means. Moncler will use that amount for other COVID-related initiatives that are currently being assessed.
2 Monetary value of hours volunteered by employees during regular working hours and costs incurred to organize volunteering activities.