261 APPENDIX260 APPENDIX MONCLER GROUP 2022
AUDIT Systematic and documented assessment (by an independent body) to verify compliance with the requirements of a given law/ standard of reference.
BIODIVERSITY Biodiversity is all the different kinds of life you ll find in one area the variety of animals, plants, fungi, and even microorganisms like bac- teria that make up our natural world.
CONCESSIONS Directly managed mono-brand retail space located on the premis- es of a department store.
DEPARTMENT STORE General shop, large- or medium-sized, divided internally into spe- cialist departments.
DOS Directly Operated Stores, including Free Standing Stores, Travel Retail Stores, Concessions, and Outlets.
DTC Direct-to-consumer distribution channel.
EMEA Europe, Middle East and Africa.
DIRECT EMISSIONS (SCOPE 1) Air polluting emissions originating from combustion processes in- volving equipment controlled or owned by the organization.
INDIRECT EMISSIONS (SCOPE 2) Emissions from the generation of purchased electricity consumed by the company. Purchased electricity is defined as electricity that is purchased or otherwise brought into the organizational boundary of the company. Scope 2 emissions physically occur at the facility where electricity is generated.
INDIRECT EMISSIONS (SCOPE 3) Indirect emissions due to the company s activities. This category in- cludes sources of emission that are not under the company s direct control, but whose emissions are indirectly caused by its activities. They are divided into 15 categories according to the indications of the GHG Protocol.
FAÇON MANUFACTURERS Third-party supplier carrying out the cut-make-trim (façon) phase of production according to the so-called industrialized method.
FLAGSHIP STORE Mono-brand retail store that, by size and/or location, conveys the philosophy and image of the brand.
ISO 14001 Voluntary standard developed by the International Organization for Standardization (ISO), defining the requirements of environmental management systems.
ISO 45001 Voluntary standard published by the British Standards Institution, defining the requirements of occupational health and safety man- agement systems.
KPI (KEY PERFORMANCE INDICATOR) An indicator that monitors the effectiveness of a process.
NET ZERO Net zero emissions are achieved when anthropogenic CO2 emis- sions are balanced globally by anthropogenic CO2 removals over a specified period, through neutralisation mechanisms. In particular, to contribute to the achievement of net zero emissions, companies have to reduce emissions and neutralise residual emissions.
GLOSSARY OUTLET Retail store that sells products and collections from previous years and seasons at discount prices.
MONO-BRAND STORE Retail store that exclusively sells clothing, accessories, and prod- ucts of a specific brand.
MULTI-BRAND STORE Retail store that sells different brands of clothing, accessories, and products.
RETAIL Distribution channel for the sale of products or goods managed di- rectly by the Group through Directly Operated Stores (DOS) or its own e-commerce website (www.moncler.com).
SCIENCE-BASED TARGETS GHG emissions reduction target based on climate science and in line with the decarbonisation efforts needed to keep the global temperature rise to 1.5°C above pre-industrial levels.
SHOP-IN-SHOP Mono-brand wholesale space located on the premises of a depart- ment store.
SHOWROOM Space used to display and sell an apparel company s products to wholesale clients.
SRI (SOCIALLY RESPONSIBLE INVESTOR) Financial operator who integrates standard financials with environ- mental, social, and governance considerations.
STAKEHOLDERS Person or subject with a legitimate interest in the activities of an or- ganization, and who affects or is affected by the organization s de- cisions.
TRAVEL RETAIL STORE Point of sale located in places with heavy traffic of potential clients, such as airports and train stations.
WHOLESALE Distribution channel for the sale of products or goods to distribu- tors (industrial, commercial, institutional, and other professional entities), through which the Group sells its products. The channel consists of both mono-brand and multi-brand stores.