Moncler Group | Annual Report 2024 Board of Directors’ Report 171 Moncler Group | Annual Report 2024 Board of Directors’ Report 170
Scope 3 CO2e emissions
With reference to GHG emissions generated along the value chain,
in 2024 the Group’s scope 3 emissions, calculated for all signif icant
categories, amounted to approximately 227,986 tonnes of CO2e,
registering a decrease of approximately 5%36 in absolute terms
compared with the previous year.
The GHG emissions generated by the production of raw
materials, textile processing and production of f inished garments
represent about 72% of the Group’s scope 3 emissions. In 2024,
Moncler continued the process of improving the completeness
of the quality of the data included in emissions calculations
thanks to the information collected through the traceability
process and the in-depth collection of data on suppliers’ energy
consumption. The inclusion in the collections of “preferred”
materials, such as nylon and polyester made from recycled raw
materials and organic cotton, avoided about 10,00037 tonnes
of CO2e (for more details on the Group’s progress made on
“preferred” materials, see pages 114; 206; 220). The Group
expects that over the years these choices, along with the other
activities taken on the chain (see also pages
161–163
) will
continue to contribute over the years to the reduction of GHG
emissions in line with the commitments made under the SBTi.
In 2024, the emissions related to the Group’s industrial and
distribution logistics38 amounted to approximately 23,329 tonnes
of CO2e39, registering a reduction of more than 15% compared with
the previous year, mainly thanks to the ef forts made to optimise
distribution logistics volumes and promote lower-impact means
of transportation.
Emissions related to business travels and commuting recorded
an increase compared with 2023 due to the growth in the number
of Group employees.
Below are the scope 3 emissions for 2024 and 2023, broken
down by the categories considered signif icant for the Group.
36
The average percentage annual reduction
of Scope 3 emissions against the 2030
reduction target compared with the 2021
base year is approximately 15
37
The value is calculated considering
the emissions that would have
been generated if the Group had used
conventional raw materials
38
Distribution logistics is responsible
for the management of transport
and distribution of f inished products
to clients Industrial logistics handles
the management of material f lows
upstream in the supply chain
39
WelltoWheels WtW value
Emissions from logistics transport
have been calculated in accordance
with the GLEC Framework 30
The reduction of scope 1 and 2 (market-based) CO2e emissions,
normalised by revenues, is approximately 68% of emissions per
million euros of revenues compared with 202134.
31
The increase in emissions compared
with 2023 is mainly linked to the
introduction of petrol hybrid company
cars to replace vehicles powered
exclusively by diesel resulting in an
increase in the petrol consumed in 2024
32
No refrigerant gas leakages were
recorded in 2023
33
The Group at the moment operates
outside the Emissions Trading System
ETS regulated emissions market as
it does not fall within the sectors or
activities subject to the monitoring
and trading obligations of the
European ETS
30
For the calculation of emissions f inancial
control was considered which coincides
with operational control for all scope 1 and
scope 2 emissions
35
Revenues correspond to what
is reported in item 41 Revenues of the
Explanatory Notes to the Consolidated
Financial Statements
34
The 2021 f igures include the Moncler
Group assuming Stone Island
is consolidated from January 1st See the
Appendix for the table including data
relating to Stone Island for the last nine
months of 2021 ie from the acquisition
date The value of scope 1 and 2
marketbased CO2e emissions
normalised on 2021 revenues is 237
SCOPE 1 AND 2 EMISSIONS30
(TONNES OF CO2e)
2023 2024
Direct emissions (scope 1)2,539 2,382
Natural gas20 1,692 1,450
Diesel19 354 264
Petrol19 493 60731
Refrigerant f luids-32 61
Percentage of scope 1 emissions from regulated emissions
trading schemes33
--
Indirect emissions (scope 2)
Location-based 16,233 17,758
Market-based 3-
Total emissions (scopes 1 and 2)
Location-based 18,772 20,140
Market-based 2,542 2,382
SCOPE 1 AND 2 INTENSITY UNIT OF MEASUREMENT 2023 2024
Scope 1 and 2 intensity for net revenues35
Intensity of scope 1 and 2 emissions – Location-based tCO2e/mln €6.29 6.48
Intensity of scope 1 and 2 emissions – Market-based 0.85 0.77
Scope 1 and 2 intensity per employee
Intensity of scope 1 and 2 emissions – Location-based tCO2e/number of employees 2.50 2.46
Intensity of scope 1 and 2 emissions – Market-based 0.34 0.29