Moncler - Annual Report 2024

| ’Moncler Group | Annual Report 2024 Board of Directors’ Report 264

[S2–2] Processes for engaging with value chain

workers about impacts

The Group places great importance to dialogue and sharing good

practices with its suppliers, both in the technical f ield for the

benef it of business activities, and in the social and environmental

f ield, to promote responsible behaviour. The Sustainability Unit,

the Operations & Supply Chain Department and the Internal Audit

Function work closely together to ensure continuous engagement

throughout the supply chain. This engagement takes place through

multiple channels, ranging from informal periodic meetings

to more structured institutional occasions. To further strengthen

this relationship and simplify the exchange of information

and documentation, a dedicated web portal is available for the

Group’s suppliers.

Recognizing the importance of also considering feedback from

suppliers’ employees, the ethical, social and environmental audits

conducted by qualif ied third parties on behalf of the Group include

dedicated interviews. These interviews involve a representative

sample of workers at the audited suppliers and are conducted

anonymously without the presence of management to foster

an environment in which people can express themselves freely.

The interviews explore key topics such as working conditions,

respect for human rights and employee well-being, as well as

labour law compliance concerning applicable regulations and

standards, awareness and understanding of the Group’s grievance

mechanisms, freedom of association and compliance with

health and safety regulations. Particular attention is given to

the most vulnerable categories, such as migrant and/or refugee

workers, to ensure that their specif ic needs and conditions are

adequately protected.

A further channel through which the Group is updated and

made aware of issues related to suppliers’ workers is its close

collaboration with bodies and organisations with expertise in

human rights. For example, the Group actively collaborates with

the Fair Wage Network, an independent organisation that is

dedicated to promoting fair wage practices in global supply chains.

The Fair Wage Network annually updates its database on living

wage levels in each country — the salary suf f icient to cover basic

needs — involving workers from dif ferent companies in various

sectors through surveys and interviews to of fer an up-to-date

overview of real economic conditions in global supply chains.

In addition, the Moncler Group relies on the support of the

ILO Helpdesk for Business, a reference point for corporate

managers and workers on international labour standards and

good industrial relations to protect social dialogue and

working conditions.

Thanks to the ongoing dialogue with the experts from these

international organizations, the Group gains an in-depth and

up-to-date understanding of industry challenges and priorities,

enhancing its ability to make informed and responsible decisions.

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