Moncler Group | Annual Report 2024 Board of Directors’ Report 210 Moncler Group | Annual Report 2024 Board of Directors’ Report 211

[E5 IRO–1] Description of the processes to identify

and assess material resource use and circular

economy-related impacts, risks and opportunities

As part of the double materiality analysis, the assessment of

fashion industry dynamics, client expectations, public opinion

and ESG investor perspectives has identif ied circular economy

as an opportunity. In this context, the Moncler Group is

committed to adopting an increasingly circular business model,

strengthening its competitive advantage and positioning itself

as a brand focused on environmental and social issues.

Implementing a circular economy model requires fully

integrating environmental considerations into both products

and processes, acting on multiple fronts. These range from the

selection of materials, such as the use of recycled raw materials,

to initiatives aimed at extending product use and lifespan,

including dedicated repair services. Garment design also plays

strategic role, enabling recovery and recycling. Additionally,

packaging distribution and usage that involve processes

and materials capable of ensuring a lower environmental impact.

These are all aspects that require an aptitude towards innovation,

experimenting with new solutions and collaborating with all

actors in the supply chain. Although these activities may require

initial investments, the development of innovative technologies,

and the redef inition of certain processes, this transition

represents an opportunity to foster cooperation across the entire

value chain, generating positive ef fects for both the business

and the environment.

The Moncler Group, as def ined in the Environmental Policy

(see also page 159), is committed to:

•designing and manufacturing high quality products that

are made to last over time;

•promoting the adoption of circular economy models and

eco-design approaches based on both products and

production processes, addressing various aspects such

as the selection of “preferred”1 materials, the design of

garments aimed at facilitating recycling and recovery,

the use of production processes and packaging with lower

environmental impact, and initiatives to extend product

use and lifespan (such as dedicated garment repair services);

conducting annual environmental impact assessments

of specif ic materials and components through Life Cycle

Assessment LCA analyses in line with ISO standards

to identify and make the appropriate changes to the design

and material selection phases

progressively increasing the share of certif ied and lowerimpact

raw materials in collections prioritising the most widely

used such as recycled nylon and preferred cotton recycled

organic or regenerative

Regarding “preferred” materials, in 2024 the Moncler Group

published the Raw Material Manual on the corporate website,

a guide that def ines shared criteria for the Research & Development

and Purchasing & Procurement teams. This tool has the specif ic

aim of guiding decisions related to the research, selection

and purchase of raw materials, considering their environmental,

social and animal welfare impacts.

The Manual provides an overview of the general characteristics

of the main raw materials used, including fabrics and yarns made

from nylon, polyester, cotton, wool and down, describing a number

of other specif ic raw materials as well. It identif ies their critical

points (hotspots) and outlines targeted actions to mitigate them.

Additionally the Manual details two types of requirements

mandatory requirements musthaves essential criteria

to be met within the raw materials supply chain

best practice requirements good practice recommended

best practices for raw material selection considered

part of the Groups improvement process and additional

to the mandatory requirements

The guidelines of the Raw Material Manual are subject to periodic

revisions and updates to include additional raw materials and

ensure continuous alignment with the evolution of both the Group

and the regulatory framework

[E5–1] Policies related to resource use

and circular economy

1

Materials that aim to have a lower impact

compared to conventional solutions used

by the Moncler Group for example

materials that are recycled organic or

certif ied according to specif ic standards

Reviewing the various stages of the product life cycle with

a circular economy perspective is increasingly becoming a focal

point in order to minimise the resources used extend garment

lifespan and promote material recovery

Product

Use of preferred materials2

For several years the Group has been introducing products

made from preferred materials into its collections Preferred

are those that aim to have a lower impact compared to the

conventional solutions used by the Moncler Group such as

materials that are recycled organic or certif ied according

to specif ic standards

The journey began in 2019 with the biobased down jacket

designed with plantbased and naturalorigin materials

It continued with the range of garments made from recycled

This process is supported by the advice of industry

experts to identify best practices in line with the Group’s

proactive approach.

For logistical and production packaging, as well as the one

intended for the end-client, and for use in the of f ices, since 2021

the Group has introduced a Manual, developed with the technical

support of experts and in line with international standards,

which def ines the guidelines for the selection of “preferred”

materials to be used for the creation of packaging and display

items used in stores and window displays, with the aim of guiding

all functions at Moncler and Stone Island that are responsible

for designing and selecting these items.

The guidelines are based on key principles, including:

•reducing the amount of materials used;

•simplifying the structure of products with a view to

eco-design by favouring mono-material or easily

disassembled articles to promote reuse and recyclability;

•reducing the use of virgin raw materials, especially if

from fossil origin, by favouring materials from renewable

sources or recycling;

•designing items that can be used for a long time, re-used

and recycled;

•selecting materials that have a validated environmental

performance supported by documentary evidence

and measurements, and, where possible, certif ied;

•

using only materials that comply with the Group’s Restricted

Substances List (RSL).

These guidelines have been shared with all the heads of

department involved in their implementation and application

in the areas of creativity and design, purchasing, research

and development, sustainability and communication, through

specif ic training sessions.

In the context of waste management, as outlined in the

Environmental Policy, the Moncler Group is committed to:

•minimising waste generation at its production sites, of f ices

and stores, by monitoring the volumes of waste produced;

•properly managing waste, in particular recycling/recovery

activities of non-hazardous waste, and applying best

practices for the disposal of hazardous materials at corporate

of f ices, warehouses, production sites and logistics

and distribution hubs;

•managing all waste produced at its sites exclusively through

authorised and recognised partners;

•establishing a continuous dialogue with partners and

organisations to promote knowledge of the circular economy

and identifying new solutions to reuse the generated waste,

with particular focus on textile production scraps through

processes that allow for their reuse for the same original

purpose, thus reducing the need for new resources (see also

pages 212–213 for more details).

[E5–2] Actions and resources related

to resource use and circular economy

2

The values for the preferred materials

in the paragraph below take into account

the total weight of yarns and fabrics used

for the production of the SpringSummer

and FallWinter 2024 collections