For Moncler, talking about quality also means talking about health and safety, respect for human rights, environmental protection and, in general, ethics in business conduct along the entire value chain. Being a socially responsible company involves taking on a commitment that stretches well beyond its boundaries, embracing the entire supply chain.
To set even more meticulous standards for its partners, for years the Company has had a Supplier Code of Conduct, which in 2020 was revised to include the pandemic response and other matters. The Supplier Code of Conduct is inspired by the Universal Declaration of Human Rights and the con- ventions of the International Labour Organization (ILO), and describes Moncler s expectations regarding responsi- ble working. It consists of six sections (Labour and Human Rights, Occupational Health and Safety, Environment, Ani- mal Health and Welfare, Safety and Quality of Products and Services, and Corporate Ethics), and sets forth the mandato- ry requirements to become or continue to be a supplier of the Moncler Group.
Moncler requires potential suppliers, from the very first steps of the selection process, to provide adequate informa- tion and documentation that may help understand their actual commitment, also in social and environmental fields. In-house specialists and/or qualified third-party bodies also carry out preliminary visits and checks for Moncler on these aspects before the Company enters into new business relationships. The outcome of this assessment is a prerequisite for initiating any form of collaboration. In addition, potential new suppliers must complete a comprehensive sustainability self-assessment questionnaire, focusing on the main issues related to workers rights, health and safety, and the environment.
The monitoring of the Group s supply chain continues with stringent ethical, social and environmental audits in order to verify compliance with applicable laws and the prin- ciples set out in these two codes.
To ensure maximum impartiality, audits are conduct- ed regularly by a qualified, experienced independent body.
Suppliers are strategic partners and Moncler s relationship with them goes beyond strictly economic and commercial aspects. At Moncler, excellence means quality, style, and in- novation, but also a commitment to workers rights, animal welfare, and the environment across the supply chain.
Moncler s attention to ethical, social and environmen- tal aspects along the supply chain starts from the supplier selection phase and continues with systematic activities to raise awareness and monitor compliance. Knowledge, traceability, sharing of best practices, and audits are funda- mental not only to limit risk situations, but also and above all to generate culture and promote responsible and sus- tainable business development, to the benefit of the entire supply chain.
Suppliers4 who enter into a contract with Moncler are required to sign the Group s Code of Ethics, which outlines the principles and guidelines that inspire the business and guide the behaviour and actions of all those with whom Moncler interacts. By signing the Code, suppliers undertake to comply with these principles and to have their subcon- tractors comply with them as well. Any violation of the prin- ciples set out in the Code constitutes a breach of contract, which entitles Moncler, if the breach is serious, to terminate the contract immediately. See also pages 47-50.
RESPONSIBLE SOURCING
4. 95% of significant contracts require compliance with the Group s Code of Ethics.
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