Moncler Group | Annual Report 2024 Board of Directors’ Report 166 Moncler Group | Annual Report 2024 Board of Directors’ Report 167
[E1–5] Energy consumption and mix
Energy consumption
Direct and indirect energy consumption at the Moncler Group’s
sites is mainly due to production activities in Italy and Romania
and to the Italian logistics hub in Castel San Giovanni (Piacenza),
as well as to facility heating, air conditioning and lighting and
the use of IT equipment at the corporate of f ices and at the Moncler
and Stone Island stores.
In 2024 the Moncler Group recorded energy consumption
of 62289 MWh at its sites marking an increase of about 11
due to an increase in direct production the acquisition and leasing
of new buildings an increase in the workforce 9 and
the growth of Groups direct store network However there was
a decrease in total scope 1 and 2 emissions marketbased
TARGETS 2024 RESULTS
ACT ON CLIMATE & NATURE
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 and/or reused raw materials and/or raw
materials certif ied by the Forest Stewardship Council (FSC) and/or
the Programme for the Endorsement of Forest Certif ication (PEFC)
→ Continued working groups on the EU Deforestation Regulation
2024
Launch of regenerative agriculture projects in the cotton and wool supply
chains to reduce and/or 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 extensions 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
15
The absolute value of scope 1 and scope 2
marketbased emissions in 2021 which
is the base year of the target is 5065
tonnes of CO2e scope 1 and scope 2
marketbased are 2332 and 2733
tonnes of CO2e respectively
17
The 2021 scope 3 absolute value
considered for the target base year
is equal to 206932 tonnes of CO2e
In line with the recommendations of
the ScienceBased Targets initiative
the Scope 3 emissions covered by
the target do not include emissions
associated with the use of sold product
16
Targets def ined in line with the scope
of the Groups GHG inventory
TARGETS 2024 RESULTS
ACT ON CLIMATE & NATURE
Reduce CO2 emissions [SDG 7; 13]
2030
Reduction of 70% in absolute scope 1 and 2 CO
2
e emissions vs 202115
(in line with the Science-Based Targets “1.5°C” ambition)16
2030
Reduction of 52% in scope 3 CO2e emissions per product unit sold vs 202117
(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
LEGEND
✓ Target achieved
→ Target on time
⚪ Target delayed