Moncler Group | Annual Report 2024 Board of Directors’ Report 190 Moncler Group | Annual Report 2024 Board of Directors’ Report 191

[E2–1] Policies related to pollution

In line with the principles def ined in the Group’s Code of Ethics,

the Supplier Code of Conduct and the Environmental Policy

(see also pages 159; 263; 302), the Group is committed to complying

with applicable regulations and simultaneously requires its suppliers

to do the same, promoting high environmental standards, for both

its direct activities and along the supply chain, in order to prevent

pollution incidents and potential impacts on the environment and

local communities. In addition, the use of chemicals is regulated

by the Group’s Product Restricted Substances List (PRSL), which

applies to products and materials, and the Group’s Manufacturing

Restricted Substances List (MRSL), which applies to production

processes. These documents take into account applicable laws

as well as voluntary parameters and are in line with the Group’s

commitment to adopting a proactive approach to identify and

progressively replace potentially hazardous chemicals. Suppliers

are contractually bound to adhere to these guidelines, which

are also published on the corporate website monclergroup.com.

See also page 273. The Group’s MRSL has been def ined considering

key industry standards (e.g. Zero Discharge of Hazardous

Chemicals — ZDHC, to which Stone Island has adhered since

2019) and includes further insights and specif ic requirements.

The PRSL was developed with the support and verif ication of

consultants and testing and certif ication companies, considering

the requirements of major industry standards (including the

American Apparel and Footwear Association — AAFA

and

the Camera Nazionale della Moda Italiana), certif ication schemes

of independent bodies, and taking into account the specif ic

characteristics of the products of both Brands. The Document lists

the names of the relevant chemicals and formulations, the CAS

(Chemical Abstract Service) registry number, the analysis

methods and detection limits to be used, along with the reference

parameters to be complied with.

[E2 IRO–1] Description of the processes to identify

and assess material pollution-related impacts, risks

and opportunities

In the context of the double materiality analysis, a theoretical

risk of non-compliance with regulations aimed at reducing

environmental pollution of water, air and soil along the supply

chain has been identif ied (the assessment did not take into

account the mitigation actions implemented by the Group).

Some activities, in fact, such as the cultivation, production

and f inishing of certain raw materials, may involve the use

of certain types of chemicals. To date, the aforementioned

risk has not been considered material for the Group’s internal

production processes, which are mainly related to the

manufacturing of garments, laboratory testing, and research

and development activities that involve a limited and managed

quantity of chemicals.

In relation to environmental pollution, an emerging issue in

the fashion industry is the release of microf ibres, which can detach

from fabrics during production, use and especially washing.

When synthetic, these are identif ied as microplastics that may

persist for dif ferent periods in the environment. To date,

the available research on microf ibre release is still insuf f icient

to fully understand its potential impacts and the extent

of the ef fects. For example, there is no unique, standardised

approach that can monitor and identify microf ibre release

throughout the product’s lifecycle, and there is limited knowledge

of the environmental impacts related to dif ferent types of f ibres

and the factors inf luencing microf ibre release. At the same time,

the most ef fective strategies to reduce this phenomenon are still

under study. The Group, aware of the importance of this issue,

collaborates with suppliers and organisations and participates

in working groups to fully understand the causes and extent of

the phenomenon and then identify feasible solutions.

Within this context, the Group is also committed to raising

awareness among clients to limit any environmental impacts during

the use of its products. In particular, to minimize the materials

deterioration and reduce the risk of microplastics release, useful

information has been included on labels and in the dedicated

sections of each Brand’s website, providing guidance on garment

composition and care Most of the garments that mainly contain

synthetic f ibres are outerwear which are usually not subjected

to frequent washing Recognising the need for further scientif ic

knowledge on this topic the Group reserves the right to reassess

the materiality of the microplastics issue as additional evidence

becomes available