THE NEW MONCLER INVESTOR RELATIONS APP IS NOW AVAILABLE

SUSTAINABILITY PLAN

Through the Sustainability Plan, the Group shares it medium/long-term sustainability strategies with stakeholders.

 

In order to enhance the integration of environmental and social considerations into Company operations, the Plan focuses on certain priority areas:

 

– promoting employee wellbeing;
– improving occupational health and safety;
– fostering a responsible supply chain, respectful of animal welfare;
– mitigating environmental impacts;
– increasing client satisfaction;
– promoting the social and economic development of local communities.

 

As a multinational company that firmly believes in sustainability, Moncler is committed to contributing to the achievement of the goals published in the 2030 Agenda for Sustainable Development signed by the 193 member states of the United Nations (UN).

The Sustainable Development Goals (SDGs) set out the priorities for contributing to global development, promoting human wellbeing, and protecting the environment. The SDGs call for joint global action between governments, businesses, and society, and aim at mobilising all efforts around a common set of goals to be achieved by 2030. Of the 17 SDGs set by the UN (such as ending poverty, fighting inequality, and tackling climate change), the Group is contributing to 10 either directly or through organisations with which it collaborates. Moncler also verified the degree to which the targets already included in its Sustainability Plan align with the SDGs, observing that some of its objectives are already linked to 6 of the 17 UN Goals. The targets related to these six SDGs are clearly indicated in the following Sustainability Plan.

SUSTAINABILITY PLANNING PROCESS

 

The Sustainability Unit works with the heads of the relevant departments to identify areas for improvement and related projects, on the basis of which it formulates a draft proposal for the Sustainability Plan (planning stage).
The Plan is then submitted to the Strategic Committee, which analyses its contents and feasibility. The final stage involves the Plan’s assessment by the Control, Risks, and Sustainability Committee, which verifies its consistency with Group strategy and gives its opinion to the Board of Directors, which is responsible for final approval.
Responsibility for achieving the targets of the Sustainability Plan lies with the liaison officers of the departments involved, who have the necessary resources, tools, and know-how to implement the Plan (operational stage).
To ensure adherence to the commitments made, the Sustainability Unit asks for regular progress reports on projects, and updates the Control, Risks, and Sustainability Committee accordingly (monitoring stage).

CORPORATE GOVERNANCE AND SUSTAINABILITY

Maintain corporate governance and a risk management system aligned with best practices

ACTIONS

2018 RESULTS

TARGETS

BLOCK 1

ACTIONS

Update of the Code of Ethics and other corporate policies

2018 RESULTS

• Code of Ethics disseminated to all employees worldwide and training delivered to all employees in Italy

 

• Online training on the Organisation, Management, and Control Model provided to all employees at corporate offices in Italy

 

• Board of Directors Diversity Policy, as well as the Tax policy and the Privacy policy approved

TARGETS

2019 Code of Ethics training extended to all employees worldwide

 
 
 
 
 

2019 Formulation of additional guidelines supplementing the Code of Ethics

BLOCK 2

ACTIONS

Implementation of a whistleblowing procedure

2018 RESULTS

• Training on whistleblowing procedure provided to employees in Italy

 

• Web platform and ad hoc telephone lines in local language adopted for the management of the reports

TARGETS

2019 Extension of training on the whistleblowing procedure to all employees worldwide

BLOCK 3

ACTIONS

Broadening of the scope of business processes covered by the Enterprise Risk Management (ERM) system

 

2018 RESULTS

• ERM model updated on all business areas and risks, with a focus on digital and e-commerce processes

 

• Risk Management Policy updated

TARGETS

Continuous update of the ERM system based on potential risk factors, also related to social and environmental issues

Integrate sustainability issues into the dialogue with stakeholders

Foster a culture of sustainability within the Group

PEOPLE

Engage employees and meet their expectations

Offer equal opportunities

Nurture talent and human capital

Promote employee wellbeing

Continue to improve occupational health and safety

Prevent work-related stress

PRODUCTS AND SUPPLY CHAIN

Promote a responsible supply chain

Promote sustainable and safe products

CLIENTS

Redefine the overall retail organisation to enhance client-centricity

Strengthen the client experience

ENVIRONMENT

Improve energy efficiency and reduce CO2 emissions

Reduce the environmental impact of logistics processes

Reduce the environmental impact of the shopping experience

Raise employee awareness of the environmental impact of daily activities

COMMUNITIES

Support medical and scientific research and innovation

Promote the social and economic development of local communities

LEGEND

• Achieved or in line with plan  /  Partially achieved /  Postponed

SEARCH MONCLERGROUP.COM: