193 ACT ON CLIMATE & NATURE192 ACT ON CLIMATE & NATURE MONCLER GROUP 2022
CARBON NEUTRALITY INITIATIVES
GREENTECH: PLASTIC RECYCLING WITH A HIGH EFFICIENCY SYSTEM The project supported by the Moncler Group and promoted by GreenTech, one of the leading companies in the PET plastic recycling industry in Europe, con- cerns a plastic recycling plant for bottles and other PET products through en- ergy-efficient technology that allows the reduction of emissions compared to traditional disposal methods. In particular, plastic recycling allows for a 45% reduction in CO2 emissions compared with virgin PET plastic production. The company is located in Romania, an important country for Moncler due to both the presence of the production site in Bacau and its own production chain.
The project, certified by according to the Gold Standard, ensures not on- ly environmental benefits, such as the protection of local biodiversity, but also social benefits, such as the promotion of gender equality, and economic bene- fits, in addition to helping accelerate the country s transition towards a sustain- able, low carbon economy.
HENRIETTA SOLAR: INSTALLATION OF A PHOTOVOLTAIC SYSTEM Henrietta Solar is a project certified according to the Verified Carbon Standard that involves the installation of a photovoltaic energy system in Mauritius, which is severely exposed to climate change and classified as Small Island Develop- ing States (SIDSs).
Through the construction of 53,700 solar panels, the project will provide sustainable energy to 40,000 people, while preserving an agricultural area of over 20 hectares. The solar panels will generate around 26,500 Mwh, replac- ing the current energy mix with clean, renewable energy, reducing its green- house gas emissions by more than 25,000 tonnes of CO2 a year. The project is providing concrete support to the country by not only reducing its dependence on imports of fossil energy, mainly coal and oil, and contributing to its energy self-sufficiency and to climate change mitigation, but also creating new work opportunities for the local community.
SCOPE 3 EMISSIONS Due to the nature of the Moncler Group s business model, most en- vironmental impacts are generated along the value chain (98% of the Group s total emissions), from the production of raw materials to the production and transport of garments, the commuting of em- ployees and the impacts of the use of products by end clients.
INDIRECT EMISSIONS (SCOPE 3) (% CALCULATED ON TOTAL TONNES OF CO2)
In 2022 the Group s scope 3 emissions were approximately 260,000 tonnes of CO2e, which was higher compared to the previous year as a result of increased production and sales.
SCOPE 3 INDIRECT CO2e EMISSIONS
TONNES OF CO2e Moncler Group 2022 20213 Indirect emissions (scope 3) 260,34316 217,226 Purchased goods and services 190,479 155,867 Capital goods 16,594 15,416 Fuel- and energy-related activities 872 802 Third-party warehouses 478 407 Transportation and distribution 27,33917 23,493 of which by ship 164 311 of which by air 24,976 20,899 of which by road/train 2,199 2,283 Waste generated in operations 75 72 Business travel 1,070 592 Employee commuting 7,619 6,822 Use of sold product 11,634 10,294 End-of-life treatment of sold products 4,183 3,461
The CO2 emissions generated by the production of raw materials, textile processing and the production of finished garments repre- sent the most significant contribution of the Group s carbon foot- print. In 2022 these emissions increased by 22% compared to the previous year, mainly due to the higher volumes of raw materials purchased as a result of the production increase linked to market demand. Nevertheless, reductions in emissions intensity were ob- served per kilogram of specific materials thanks to the inclusion in the collections of lower impact fabrics or yarns such as nylon and polyester made from recycled materials. The Group expects these choices, together with the other activities implemented along the supply chain (see also pages 74; 163-164), to also lead, over the
11% Transportation and distribution
6% Capital goods14
5% Use of sold products
3% Commuting
2% Other15
73% Purchased goods
and services
14 Capital goods includes indirect emissions generated by the renovation and expansion of stores, furniture and IT systems.
15 Other includes indirect emissions generated by the following categories: waste, business travel, end-of-life treatment of sold products and fuel- and energy-related activities.
16 Figure calculated applying location-based emission factors to all scope 3 categories, excluding Third party warehouses . The emissions for this latter category, for which primary data are available, have been includ- ed in the calculation applying the relative market-based emission factors.
17 In 2022 the perimeter was further expanded to include additional flows such as returns from the e-commerce channel in the EMEA and Americas Regions and shipments of packaging from suppliers to local warehouses.