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Sustainability Plan

The sustainability plan is the expression of the Group’s commitment to an ever-more sustainable and responsible growth. It is updated each year to report on the status of projects underway, and to set new targets for continuous improvement, in the awareness that sustainability is an ongoing challenge with no end.

 

Through the Sustainability Plan, the Group shares it medium and 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 of them either directly or through organisations with which it collaborates. As a first step, 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 6 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 Sustainability Steering 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

Foster a culture of sustainability within the Group

ACTION

RESULTS 2017

TARGETS

BLOCK 1

ACTION

Implementation of an integrated sustainability management system incorporating environmental and social aspects into business decisions

RESULTS 2017

• Sustainability issues discussed with the Control, Risks, and Sustainability Committee at about 50% of meetings

 

• Materiality matrix fine-tuned with
the integration of 2 new material topics

TARGETS

Continuous in-depth analysis of sustainability issues at meetings with the Control, Risks, and Sustainability Committee

 

2018 Materiality matrix update

BLCOK 2

ACTION

Monitoring of Key Performance Indicators (KPIs) for non-financial aspects

RESULTS 2017

• Mapping of information requests by sustainability rating agencies updated

TARGETS

Ongoing analysis of information requests by sustainability rating agencies and identification of any additional KPIs

BLOCK 3

ACTION

Integration of environmental and social aspects into employee performance targets

 

RESULTS 2017

• Sustainability aspects incorporated into performance targets for managers and key people

 

 

 

• Company key positions for responsible sourcing identified

TARGETS

Ongoing incorporation of environmental and social aspects into the performance targets of employees and management involved in the implementation of the Sustainability Plan

 

2018 Introduction of responsible sourcing targets for key positions within the Company

BLOCK 4

ACTION

Provision of classroom and/or online training to raise employee awareness of sustainability issues

RESULTS 2017

• Sustainability training delivered in Italy via classroom sessions at corporate offices (covering 100% of employees), and worldwide via the corporate intranet

TARGETS

Ongoing information and training on sustainability for employees

Maintain corporate governance and risk management systems aligned with best practices

Integrate sustainability issues into the dialogue with stakeholders

PEOPLE

Engage employees and meet their expectations

Offer equal opportunities

Nurture talent

Promote employee wellbeing

Foster work-life balance

Continue to improve occupational health and safety

Prevent work-related stress

PRODUCTS AND SUPPLY CHAIN

Promote a responsible supply chain

CLIENTS

Redefine the overall retail organisation to enhance client-centricity

Strengthen client relations and satisfaction

ENVIRONMENT

Improve energy efficiency and reduce CO2 emissions

Raise employee awareness of the environmental impact of daily activities

Reduce the environmental impact of logistics processes

Reduce the environmental impact of the shopping experience

COMMUNITIES

Support medical and scientific research and innovation

Promote the social and economic development of local communities

LEGENDA

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

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