231 APPENDIX230 APPENDIX MONCLER GROUP 2022
REPORTING STANDARDS The Moncler Group s 2022 Consolidated Non-Financial State- ment (hereinafter also Non-Financial Statement or Statement ), is drawn up in accordance with Article 4 of Legislative Decree 254/2016 (hereinafter also Decree ), contains information on environmental and social, personnel, human rights and anti-cor- ruption issues. This information is intended to deliver a clear under- standing of the activities carried out by the Group and their impact, and of the Group s performance and results achieved.
This Statement, published on an annual basis, is prepared in accordance with the Global Reporting Initiative 2021 Sustainabil- ity Reporting Standards (GRI Standards) issued by the Global Re- porting Initiative to date, the most widely used and recognized standards at international level for sustainability reporting. To fa- cilitate the search for information, a GRI Content Index is provided from page 255, where GRI indicators associated with each materi- al topic can be consulted.
The Non-Financial Statement follows the principle of mate- riality, as provided for by the relevant regulations and characteris- ing the GRI Standards. The topics discussed in this Statement are those that, following a materiality analysis and assessment as de- scribed on pages 65-67 were considered relevant, as they are able to reflect the social and environmental impacts of the Group s ac- tivities, or influence the decisions of its stakeholders.
In order to continue to improve the transparency of the ESG (Environmental Social Governance) performance and facilitate the comparability of the data and information provided to differ- ent stakeholders, starting from this year the Moncler Group has al- so begun to consider some indicators provided by Sustainability Accounting Standards Board (SASB) with the aim of gradually ex- panding disclosures in subsequent publications.
In addition, starting from 2021 the Moncler Group began to report the information that are useful for the disclosure according to the requirements of the article 8 of the EU Taxonomy Regulation 852/2020 and has taken into account the recommendations set by the Task Force on Climate-related Financial Disclosures (TCFD) in June 2017 for the voluntary dissemination of transparent reporting on climate change risks and opportunities.
SCOPE OF REPORTING The qualitative and quantitative data and information contained in the 2022 Consolidated Non-Financial Statement refer to the per- formance of the Moncler Group (also the Group ) for the year end- ed 31 December 2022. As provided for by article 4 of Legislative Decree 254/2016, this Statement includes the data of the Parent Company (Moncler S.p.A.) and of its fully consolidated subsidiaries.
On 31 March 2021, the acquisition by Moncler S.p.A. of the entire share capital of Sportswear Company S.p.A., that owns the Stone Island brand, along with its subsidiaries and associates was completed. These companies joined the scope of consolidation with effect from 1 April 2021. Accordingly, compared to the pre- vious edition, this year Stone Island was included within the re- porting scope and its data have been included in this Statement for regulatory purposes. Therefore, in order to ensure comparabil- ity with previous years, this Statement presents both data relating to the 2020-2022 trend of the Moncler brand only (excluding Stone Island) and 2021-2022 data for the new perimeter of the Moncler Group that includes also Stone Island. In particular, the flow data relating to Stone Island for 2021 is included with regard to the last nine months of 2021, i.e. from the acquisition date, while all the oth- er data is as at 31.12.2021.
Any limitations to the scope of reporting have been duly in- dicated in the document. It should be noted that the paragraph de- scribing the corporate governance model refers solely to the parent company Moncler S.p.A.
REPORTING PROCESS Preparation of the Moncler Group s 2022 Consolidated Non-Finan- cial Statement was based on a structured process entailing:
the involvement of all Company units and departments re- sponsible for the relevant areas and related data as well as information subject to the Group s non-financial reporting. Since 2017, Sustainability Data Owners have been desig- nated. These positions are responsible for the data and in- formation relating to their area that are published in the Consolidated Non-financial Statement, and for achieving the objectives contained in the Sustainability Plan for the rele- vant topics. The data and information included in the State- ment are derived from a non-financial reporting system (data collection forms), specifically implemented to meet the re- quirements of the Decree and GRI Standards, and, for certain data, from the corporate information system used for Group management and accounting;
the approval of the Statement by the Board of Directors, con- vened to approve the draft Financial Statements for the 2022 financial year, following examination by the Control, Risks, and Sustainability Committee;
the issue of an assurance report on the Statement by the in- dependent auditor Deloitte & Touche S.p.A. following a limit- ed assurance engagement, according to the criteria indicated in ISAE 3000 Revised, and with respect to the provisions set in the articles 3 and 4 of Legislative Decree 254/16. The as- surance is carried out according to the procedures indicated in the Statement of assurance , included in this document. The independent auditor s opinion and the associated assur- ance activities did not include information regarding SASB and TCFD requirements. Furthermore, the limited assurance activity did not regard the information required by Article 8 of the European Regulation 2020/852 included in section EU Taxonomy ;
the presentation of the Statement at the Shareholders Meeting; the publication of the Statement on the corporate website to
make it available to all stakeholders in a transparent manner.
REPORTING PRINCIPLES The identification of the contents and the reporting of the Consoli- dated Non-Financial Statement have taken the following principles into account:
materiality the Statement describes the main economic, social, and environmental impacts directly linked to Moncler and Stone Island activities, considered most significant by both the Group and the internal and external stakeholders in- volved in corporate activities;
stakeholder inclusiveness Moncler and Stone Island take into account the expectations and interests of all those who, in any capacity, contribute to, or are influenced by, the Group s activities. The Statement provides a description of the Group s main stakeholders and channels of communication;
sustainability context the reporting of non-financial results is carried out taking into account the socio-economic con- text in which the Group operates and the issues of greatest relevance to the sector of reference;
completeness the reported issues and the scope of report- ing of the Statement are selected so as to allow stakeholders to form a complete opinion on the Group s main economic, social, and environmental impacts;
balance the Statement describes Moncler and Stone Island performances in the field of sustainability, reporting on pos- itive trends and results, as well as on the areas requiring fur- ther improvement;
comparability data referring to previous reporting periods was included and duly indicated in the Statement, to enable the comparison and contextualization of information;
accuracy in order to ensure the accuracy and homogene- ity of the reported information, the Statement was based on hard data collected through direct measurements and sur- veys, while limiting the use of estimates as much as possible. Estimates, if any, are duly indicated in the document and are based on the best calculation methods currently available;
timeliness the Moncler Group s Non-Financial Statement is
GUIDE TO THE REPORT