| ’Moncler Group | Annual Report 2024 Board of Directors’ Report 112
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For each strategic priority, the Group has def ined a series
of commitments based on a careful analysis of the areas where
it can amplify positive impacts and reduce negative impacts.
This analysis takes into account both industry-specif ic challenges
and the expectations of stakeholders, including the f inancial
community, consumers, suppliers and employees. By integrating
r
isk management with the exploitation of opportunities,
the Plan aims to spread sustainable practices throughout the
entire value chain.
The Plan includes greenhouse gas emissions science-based
targets, a commitment to achieve Net Zero emissions by 2050,
as well as recycling of nylon production scraps at its sites
and in the production chain and the use of over 50% of yarns
and fabrics from lower-impact materials, i.e. those that are
recycled, organic, regenerative or certif ied to specif ic standards,
by 2025. The Sustainability Plan also enhances the traceability
of raw materials and the continuous improvement of social
and environmental standards throughout the supply chain through
close collaboration with its business partners. Internal
and
external awareness initiatives are also planned to foster and
enhance diversity and promote an increasingly inclusive culture,
in addition to obtaining Equal Pay certif ication. The Moncler
Group
is also committed to supporting local communities with high
social value projects, and to protect the most vulnerable children
and families from the cold.
In identifying the Plan’s strategic drivers and relative
commitments, the priorities set in the 2030 Agenda for Sustainable
Development (Sustainable Development Goals — SDGs)
were also taken into account, thereby contributing to achieving
them. Of the 17 macro goals described in the SDGs (such
as combating inequality and f ighting climate change), the Group
contributes to 11 of them, either directly or through organisations
with which it collaborates.