Moncler Group | Annual Report 2024 Board of Directors’ Report 202  | ’

[E4 SBM–3] Material impacts, risks and opportunities

and their interaction with strategy and business model

[E4 IRO–1] Description of the processes to identify

and assess material biodiversity and ecosystem-related

impacts, risks and opportunities

The Moncler Group periodically conducts analyses to monitor

the location of its directly managed corporate sites (of f ices,

stores, production sites and logistics hub) and its supply chain

with respect to ecologically vulnerable areas. These analyses

serve as the foundation for the assessments carried out as part

of the double materiality analysis (see also pages 124–127; 128–129).

To date, the Group’s sites are not located in biodiversity-sensitive

areas and do not carry out activities that could generate relevant

impacts related to soil degradation, deforestation and desertif ication.

With regard to the supply chain, in certain areas and for some

natural raw materials such as wool, cashmere and cotton, potential

negative impacts on ecosystems and living organisms have been

identif ied. These impacts could stem from soil degradation,

for example, as a result of possible intensive farming practices,

unregulated grazing activities or deforestation phenomena

(the assessment did not take into account the mitigation actions

implemented by the Group).

Since 2021, the Moncler Group has periodically conducted

analyses of its impact on biodiversity, leveraging the active

collaboration of its suppliers and the information gathered

through the raw materials traceability process, which is a key

component of the identif ication and assessment of the impacts

across the supply chain.

This approach aligned with the new technical guidelines

for setting the Science Based Targets for Nature1 of the

ScienceBased Targets Network SBTN initiative was updated

in 2024 with the support of a qualif ied thirdparty organization

The analysis focused on raw materials with potentially relevant

impacts on biodiversity specif ically those of natural origin mainly

wool cashmere cotton and down used in the SpringSummer

SS and FallWinter FW 2024 collections

The update included an initial assessment phase that identif ied

land and water use and pollution as the key areas of potential

impact of the value chain on nature. Based on these f indings,

the prioritization phase began, taking into account the relevance

of the impact, the urgency of the actions, and the technical

and economic feasibility.

1

The SBTN guidelines outline new

methodologies for implementing

and measuring targets on a scientif ic

basis for freshwater and soil

These methodologies which are being

validated by a small group of companies

in various sectors can then be used

on a large scale by companies that wish

to def ine such targets

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