An error occured when trying to show the publication. Please check if JavaScript is enabled or try to update your browser.

Moncler Group | Annual Report 2024 Board of Directors’ Report 113 Moncler Group | Annual Report 2024 Board of Directors’ Report 112

TARGETS 2024 RESULTS

ACT ON CLIMATE & NATURE

Reduce CO2 emissions [SDG 7; 13]

2030

Reduction of 70% in absolute scope 1 and 2 CO2e emissions vs 2021

(in line with the Science-Based Targets “1.5°C” ambition)

2030

Reduction of 52% in scope 3 CO2e emissions per product unit sold vs 2021

(in line with the Science Based Targets “Well Below 2°C” ambition)

2050

Net Zero

→ -6% vs 2023 absolute scope 1 and 2 CO2e emissions (-53% vs 2021)

→ -5% vs 2023 absolute scope 3 CO2e emissions (+5% vs 2021)

Ongoing

100% carbon neutral at all directly managed corporate sites worldwide

(off ices, stores, production sites and logistics hub)

Ongoing

100% renewable energy at all directly managed corporate sites worldwide

(off ices, stores, production sites and logistics hub)

2024

90% of low environmental impact vehicles in the Group’s corporate car

f leet worldwide

Ongoing

LEED certif ication for all new corporate buildings

Ongoing

LEED certif ication for all new stores*

*Excluding shops-in-shops

✓ Carbon neutrality maintained at directly managed corporate sites

worldwide (off ices, stores, production sites and logistics hub)

✓ 100% of electricity used at directly managed corporate sites

worldwide from renewable sources (off ices, stores, production sites

and logistics hub)

✓ 98% hybrid and electric vehicles in the Group’s corporate car

f leet worldwide

→ Launched the LEED for Building Design and Construction

certif ication process for the new Moncler Headquarters in Milan,

which will be completed during 2025

✓ Continued the LEED certif ication process at the Group’s new

stores worldwide

✓ Compensated unavoidable residual emissions through projects

certif ied on the voluntary market and focusing respectively on circular

economy and renewable energy

Ongoing

Promotion of measures for energy eff iciency

and renewable energy throughout the supply chain

✓

Continued the supply chain engagement programme that includes,

in addition to energy assessment activities aimed at identifying concrete

actions for the reduction of energy consumption and the promotion

of energy from renewable sources, activities to support suppliers

in def ining CO2 emissions reduction targets according to internationally

recognised standards

Safeguard biodiversity [SDG 6; 12; 14; 15]

2024

Update of the analysis of the impact of strategic raw materials on biodiversity ✓ Updated the analysis of the impact of strategic raw materials

on biodiversity according to the developments of the Science Based

Targets for Nature

2025

Support for initiatives of Zero Deforestation and sustainable forest

management

→ All paper cardboard and wood materials used by the Group are made

exclusively from recycled andor reused raw materials andor raw

materials certif ied by the Forest Stewardship Council FSC andor

the Programme for the Endorsement of Forest Certif ication PEFC

→ Continued round tables on the EU Deforestation Regulation

2024

Launch of regenerative agriculture projects in the cotton and wool supply

chains to reduce andor avoid the impacts on biodiversity

✓ Wool supply chain extended the regenerative agriculture project

in Australia with PUR Projet through the expansion of the number

of farms involved

✓ Cotton supply chain continued support for the Unlock project

with its extension to farms in India and the United States

and continued collaboration with the Ecosystem Services

Market Consortium expanding the projects in Tennessee

LEGEND

✓ Target achieved

→ Target on time

⚪ Target delayed

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.

Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024Moncler - Annual Report 2024
Powered by Fluidbook