Moncler Group | Annual Report 2024 Board of Directors’ Report 118 Moncler Group | Annual Report 2024 Board of Directors’ Report 119
[SBM–2] Interests and views of stakeholders
The Moncler Group places great importance on maintaining
a constant and solid relationship with all its stakeholders.
Stakeholders represent a wide range of dif ferent interests:
establishing and maintaining stable, long-lasting relationships
based on ongoing dialogue and active engagement is crucial
for the creation of shared, long-term value.
Through the understanding of specif ic expectations, Moncler
and Stone Island are able to manage potential critical issues
in advance, and ref ine their actions and plans. Precisely identifying
their stakeholders and organising the most ef fective channels,
constantly monitoring their expectations, needs and opinions,
are the starting point for setting up an ef fective engagement process.
Through dedicated functions, the Group pursues a proactive
approach to the many stakeholders with which it constantly interacts
around the world, promoting constant dialogue and embracing
their needs. Both Brands are aware that these occasions for
dialogue are mutual opportunities for growth and enrichment.
In recent years the Group has been committed to redesigning
new approaches to dialogue with the aim of interacting with its
community in an increasingly digital native way.
The following table illustrates the stakeholders map, along
with their expectations and is updated periodically through
internal surveys with the company departments responsible
for daily management of relations with each specif ic category.
STAKEHOLDERS INTERACTION TOOLS AND CHANNELS STAKEHOLDER EXPECTATIONS
Employees People satisfaction survey, MONVoice
Ongoing dialogue with the Human Resources
Department
Annual meetings to discuss growth path, set individual
goals and discuss performance assessment
Meetings with the corporate population to circulate
results and future objectives
Townhall on DE&I topics
Meetings to raise awareness and provide information
on health and well-being
Training meetings and digital courses
Company intranet and newsletter plan
MONCampus
Business platform
Thank Boss Its Friday
Onboarding programs for new employees
Volunteering programmes
Information on the Group’s strategies and results
Responsible business management
Clear objectives and reward system
Training and professional development
Stimulating, safe working environment
Equal opportunities. Diversity and inclusion
Engagement in company life
Promotion of well-being, health and safety
The Moncler Group Sustainability Plan is strongly integrated into
the overall business strategy. This integration makes it complex
to
analytically distinguish the costs and investments associated
with individual projects and activities that contribute to achieving
the targets of the Sustainability Plan. In many cases, in fact, multiple
i
nterconnected factors have to be considered, with overlaps
that make it dif f icult to isolate specif ic cost or benef it elements
in
order to provide separate estimates. Consequently, only the most
signif icant amounts relating to the reporting period are listed below:
In addition, at the reporting date, no signif icant ef fects have been
recorded in the Consolidated Financial Statements of the Group
deriving from relevant risks and opportunities.
Also, in the area of f inancial products, Moncler is testing and
adopting new mechanisms related to sustainability performance.
In November 2020, Moncler signed an exchange risk hedging
agreement with a reward in terms of improvement of the hedging
strike on currencies, based on the recognition of high standards
of sustainability by an external, independent rating body.
In accordance with its business strategy, the Group intends
to continue on this path of ongoing investments in the supply
chain, in particular in the purchase of “preferred” materials
(the total value of which is reported in the “Think Circular & Bold”
item), and in actions for the implementation of the climate
s
trategy. Although it is dif f icult to provide precise indications
in numerical terms, but a trend in line with 2024 is expected.
15
The value refers to the total cost of
preferred material purchases made
in 2024 It is not possible to determine
the cost differential between preferred
and conventional materials
(millions of Euros)2024
Investments Operating costs
ACT ON CLIMATE & NATURE 6.6 2.8
THINK CIRCULAR & BOLD 0.3 84.315
BE FAIR 0.3 1.2
NURTURE UNIQUENESS-3.6
GIVE BACK-3.6