Moncler - Annual Report 2024

Moncler Group | Annual Report 2024 Board of Directors’ Report 196 Moncler Group | Annual Report 2024 Board of Directors’ Report 197

[E3 IRO–1] Description of the processes to identify

and assess material water-related impacts, risks

and opportunities

[E3–1] Policies related to water

Aware that water is a critical resource to be protected,

since 2022 the Group has been periodically assessing its impact

on water resources through a “water footprint” analysis.

This process, which constitutes the starting point for

assessments of the double materiality analysis, allows the

monitoring and quantif ication of both direct water consumption

related to of f ices, stores, production sites and the logistics hub,

and indirect consumption along the supply chain during raw

materials extraction and production phases as well as in the

processing and assembly stages for f inished garments.

The activity is carried out in collaboration with a specialised

external partner and follows the principles def ined by the

ISO 14046 standard: Water Footprint — Principles, requirements

and guidelines. The water footprint calculation method combines

direct and indirect consumption data with the Available Water

Remaining (AWARE) water risk index, which ref lects water

scarcity associated with each analyzed geographical area.

To date, the results of these analyses have shown that the most

signif icant consumption, and therefore the potential negative

impacts on aquifers due to excessive water withdrawal and the

consequent ef fect on the ecological balance of water bodies,

primarily occur along the supply chain, particularly during

the production phases of natural and animal-derived raw

materials, such as cotton and wool (the assessment did not take

into account the mitigation actions implemented by the Group).

Due to the nature of the Group’s business, direct water consumption,

in contrast, is less signif icant and mainly relates to sanitary services

and, to a minimal extent, steam production for ironing facilities and

a small dyeing facility in Stone Island’s prototyping department.

In 2024, the Group integrated the water footprint results with

a more specif ic assessment of water stress and risk in the areas

in Italy and Romania where its of f ices, production sites and logistics

hub are located, as well as along the supply chain of “critical

suppliers” (see also page 309) involved in processes characterised

by signif icant water consumption, such as dyeing,

painting

and

f inishing. The analysis was conducted using the public available

Aqueduct Water Risk Atlas tool from the World Resources Institute,

which identif ies areas of high water stress, i.e. those where the

ratio annual water withdrawal to available water exceeds 40%.

This additional analysis showed that, to date, neither the Group’s

sites nor those of its “critical suppliers” are located in high water

stress areas. With a view to continuous improvement, the Group

is committed further expand this in-depth analysis, including

other areas of the supply chain.

The Moncler Group, as stated in the Code of Ethics,

the Environmental Policy and the Supplier Code of Conduct

see also pages 159 263 302 promotes the ef f icient use

of natural resources including water resources regularly assesses

water consumption at its own sites and along the supply chain

and identif ies potential risks associated with the scarcity quality

and quantity see also page 190 of water both at its directly

managed corporate sites worldwide of f ices stores production

sites and logistics hub and along the supply chain The Group is

committed to ensuring compliance with applicable environmental

laws concerning water through audits conducted by independent

third party entities as well as identifying opportunities for

innovation and programmes to reduce water consumption

[E3–2] Actions and resources related to water

Over the last few years, the Group has launched a series

of activities aimed at identifying improvement

actions and contributing to the commitments def ined

in the Environmental Policy.

Regarding direct consumption, the Group adopts an

Environmental Management System according to the ISO 14001

standard at the production sites in Italy and Romania, the Italian

corporate sites and at the logistics hub in Castel San Giovanni

(Piacenza), whose objectives include the ef f icient use of water

resources. In addition, in 2021 the Group has initiated the process

of obtaining environmental and energy certif ication for its stores

and all new corporate buildings according to the LEED standard,

which requires ef f iciency measures, including those related

to water consumption (see also pages

113; 161

With regard to direct consumption (relating to of f ices, stores,

production sites and the logistics hub), the Group’s main source

of water supply is municipal aqueducts. In fact, water consumption

is primarily associated with sanitary facilities and, to a lesser

extent, with steam production for ironing departments or the small

dyeing facility in Stone Island’s prototyping department.

Consequently, wastewater is comparable to those of residential

buildings and are therefore discharged into the sewage system.

In 2024, total water consumption amounted to 1,057 m3,

showing a slight increase compared with 2023 (+6.5%),

due to an increase in direct production, the acquisition and rental

of new buildings, a roughly 9% increase in the Group’s workforce

and the expansion of the retail network.

For the direct water consumption of

off ices the production site and logistics

hub primary data were used For the

water consumption of stores and outlets

water withdrawals data collected

from a sample of LEEDcertif ied stores

were used water consumption indices

were applied to this sample to estimate

total consumption on the entire network

of directly managed stores and outlets

Since the Groups direct withdrawals

are based on consumption similar to

sanitation services almost all of the water

withdrawn is discharged into urban water

systems Water consumption represents

the portion of water not returned to the

system due to evaporation losses mainly

caused by extraction and presanitisation

treatment and wastewater treatment

DIRECT WATER CONSUMPTION1 (m3)2023 2024

Water withdrawals 71,070 72,920

Water consumption 992 1,057

Water discharges2 70,078 71,863