Moncler Group | Annual Report 2024 Board of Directors’ Report 212 Moncler Group | Annual Report 2024 Board of Directors’ Report 213

fabrics in the Moncler Grenoble collection, culminating in

January 2021 with the launch of a selection of “Born To Protect”

jackets, made entirely from materials with a lower impact

compared to those conventionally used by the Brand. In 2022,

the Moncler Born to Protect range was expanded to become a total

look, including, in addition to jackets, various types of garments

and accessories, all made from fabrics and components with low

environmental impact, certif ied according to specif ic sustainability

standards. In 2023, the Fall/Winter collection continued to evolve:

in addition to these fabrics and components, recycled R•DIST

down, specif ically DIST down recycled through an innovative

mechanical process, was used in some down jackets (see also

pages 212–213).

Since 2023, in addition to focusing on specif ic projects,

the Moncler Group, in line with the commitments made in the

2020–2025 Sustainability Plan, and on the basis of the

Raw Material Manual, has progressively included raw materials

with a lower impact than the conventional materials used

by the Group in the Moncler and Stone Island collections,

as indicated through specif ic hangtags on products.

Through the collaboration of its Design, Fabric Research and

Development, Operations and Merchandising teams, and with

the involvement of the supply chain, the Group aims to integrate

over 50% yarns and fabrics with a lower impact than the

conventional solutions used by the Group into its collections

by 2025.

The work and commitment of the teams involved led to

signif icant progress: in 2024, over 43% of the yarns and fabrics

used in the Fall/Winter (FW) and Spring/Summer (SS) collections

of Moncler and Stone Island were lower impact compared to

the conventional solutions used by the Group. This result was

achieved by adopting over 50% recycled nylon, over 43% recycled

polyester, approximately 37% cotton from organic or recycled

practices, about 70% certif ied wool (such as the Responsible

Wool Standard, Nativa or Sustainawool) and 100% certif ied

alpaca (Responsible Alpaca Standard), and 100% mohair certif ied

Responsible Mohair Standard

Since 2021 Stone Island in addition to materials has also

integrated new treatments into its collection maintaining the

technical and performance aspect of its products but with lower

environmental impacts such as reducedwater consumption

treatments compared to the conventional solutions in the

Soft Shell edye

waterless colour system

The assessment of the environmental impact of materials

and components is supported by Life Cycle Assessment LCA

analyses that quantify the potential environmental impacts

These analyses which are based on a structured methodology

and in line with ISO 14040 14044 and 14067 and are certif ied

by an independent external thirdparty are a useful tool for

various considerations on the sustainability of the products

processes and materials used. To date, about 80% of the Group’s

products have been assessed using the LCA methodology.

Since 2023, a dedicated training programme has been created

in order to continue to spread sustainability culture and provide

technical knowledge to Sales Assistants. The programme aims

to increase knowledge of good environmental and social practices

and the characteristics, certif ications and corporate objectives

of “preferred” materials and components used in the collections.

This program involves the entire sales force.

Adoption of recycling solutions

One of the phases of the circular economy model to which

the Group has devoted particular attention in recent years

is the reuse of production scrap materials through more

ef f icient resource management. To this end, the Group actively

works, at its production sites and with various suppliers,

to reduce scrap and waste, and consequently textile waste,

by optimising the use and cutting of fabrics, while implementing

the infrastructure needed to recycle and maintain the intrinsic

value of unavoidable scrap. Through recycling networks,

production scrap can be turned into recycled raw materials,

driving the production of new materials and contributing

to the promotion of a circular economy.

Since 2022, these activities have led to the inclusion in

the recycling process of all nylon production scrap generated

at the Moncler Group’s direct sites in Italy and Romania.

Since 2023, the project has also been extended to Moncler

brand’s outerwear production network, leading to the

recycling of more than 55% of total nylon scrap, also in 2024.

This was made possible thanks to the collaboration of

the Moncler Sustainable Innovation Department, which

set the scope, parameters and methods of recycling,

and the Operations and Supply Chain Department, which

implemented the Nylon Scrap Management Process.

According to the procedure, during the year nylon scraps

were classif ied and collected by line operators into specif ic

recycling categories weighed recorded stored and sent to the

recycler In order to monitor the correct assignment of nylon

scraps to the respective recycling category the Group carried out

physical and process checks at the sites as well as dif ferential

scanning calorimetry analyses performed on a sample basis

at thirdparty laboratories At the recyclers site nylon scrap

may be subject to unravelling or to shredding melting cooling

extrusion and f inally cutting the material into chips to be used

as a secondary raw material

At Stone Island the project renamed Raw Beauty in 2024

continued with the aim of recovering cotton scraps generated

by suppliers during production stages of garment subjecting them

to a mechanical recycling process This process results in yarns

containing at least 50 recycled cotton which are used to make

12 models, including outerwear, trousers, sweatshirts, t-shirts and

sweaters, for the 2025 winter collection. Furthermore, the f inished

garments were not treated with dyeing processes, in order to fully

enhance the intrinsic qualities of the recycled cotton. The entire

process was verif ied by a third-party organisation that validated

the recycled content of the materials and their origin from

production scraps.

In 2024, Moncler, with the aim of reducing production waste,

enhanced the “smart factory” in Trebaseleghe (Padua) by

introducing a f iltering system designed to optimise the management

of processing scraps. This system allows for the collection

of scattered down, subjecting it to a f iltration process that removes

impurities and making it reusable.

Thanks to constant collaboration with its suppliers to identify

innovative solutions from a circular economy perspective for

the business, Moncler has, since 2021, combined its expertise

in down with that of a supplier specialised in recycling technologies,

resulting in a machine that through an innovative mechanical

process, allows to the recycling of DIST down. In 2023

the patented process was f inalised in Italy and launched at

the international level. Over the last three years, this process

has led to the recycling of approximately 5 tonnes of down present

in Moncler garments, certif ied according to the R•DIST module

of the DIST protocol, which sets the requirements for recycled

down certif ication.

The Moncler Group continues to work on ref ining the system

for selecting and recycling garments that cannot be sold in

collaboration with several international companies that are

leaders in fabric reuse and recycling practices. Depending on the

category, products are recycled and put to various uses such as

the creation of new yarns or components for jackets, the production

of furnishings and objects often used as visual merchandising

for stores. In this direction, in 2022 the Moncler Group joined

the Re.Crea consortium, under the coordination of the Camera

Nazionale della Moda Italiana. The consortium was founded to

organise the management of textile and fashion products at end

of life and to promote research and development of innovative

recycling solutions

The Groups commercial strategy is based on the principle of

scarcity and from an operational point of view on ef fective inventory

management translating into ef f icient production planning and

the right quantities at the right time and in the right place in order

to avoid excessive inventories This approach combined with

a high level of sellthrough allows to limit the amount of unsold

products The seasonal garments specif ically those that are

of fered for one season only which dif fer from carryovers which

can be reof fered for several seasons remain unsold they are

placed in the outlet channel operated by the Company or marketed

through Family and Friends sales initiatives In collaboration with

some nongovernmental organisations NGOs some of them are

donated to people in dif f icult situations through the Warmly Moncler

programme, designed to protect people from the cold. Lastly,

the limited number of remaining products are all recycled through

innovative and also experimental processes.

Ability to last over time

Some of the key principles of the circular economy, such as

garments’ ability to last over time, have always been a part

of Moncler’s DNA. The high quality of its products and the way

they stand above fashion and trends ensure that they have

a very long average life. This characteristic was the foundation

of the Extra-Life project, a service aimed at giving Moncler jackets

a second life by making specif ic repairs, thanks to an ef f icient

personalised service that can also carry out repairs on damaged

fabrics, thus extending the product life. Since 2022, the project

has been active in all the Regions where Moncler operates.

This initiative is part of a process of increasing clients’ awareness

of how they can contribute to avoiding the environmental impact

associated with the production, purchase and disposal of

new garments.

In 2024, through this initiative and the other services of the

after-sales channel, the Moncler brand handled more than 41,000

requests for repairs of garments used by its clients, equal to about

40 tonnes, 89% of which were fulf illed. All garments that cannot

be repaired or returned to clients are recycled.

In terms of how clients should use products in order to increase

their ability to last over time, information has also been included on

product labels and in the appropriate “composition and care” section

of the site that provides guidance on garment care and washing.

Search for innovative solutions

The Group’s innovation journey is based on an open innovation

model that encourages the exploration and development of ideas,

solutions, skills, processes and materials, in collaboration with

universities, innovation centres and suppliers of dif ferent sectors,

as well as accelerator hubs or research bodies.

To this end specif ic programs with national and international

startups institutes accelerators and universities and constant

collaboration with their suppliers are included in order to identify

innovative solutions for the business

The Sustainable Innovation team among its various activities

works closely with the Operations and Supply Chain teams in

identifying partners in the various Regions that can guarantee

the most innovative cuttingedge techniques for recycling the

main product categories

In addition with the Sustainability Unit it has set up working

groups with external organisations to identify circularity solutions

aimed at reducing the impact of materials