ENERGY CONSUMPTION AND CO 2
EMISSIONS
Reducing greenhouse (GHG) emissions, adopting re- newable energy, and improving operational efficiency are the key levers of Moncler s strategy to fight climate change, defined in line with the 2030 Agenda for Sustainable Devel- opment (Sustainable Development Goals - SDGs) set by the United Nations.
Moncler has committed to reduce absolute scope 1 and 2 GHG emissions 70% and absolute scope 3 GHG emissions 14% by 2030 from a 2019 base year. The Company also committed to increase annual sourcing of renewable electricity from 41% in 2019 to 100% by 2023 for its owned and operated facilities worldwide. Consistently with this commitment, in 2020 the Company purchased 100% of its energy from renewable sourc- es in Italy, Romania, and other countries including China2, Brazil, Russia, and Turkey, achieving a total of 50% of energy consumption from renewable sources.
Moncler s energy consumption is mainly related to the production activity in Romania, as well as to the heating, air conditioning and lighting of the structures and the op- eration of the IT equipment. The monitoring of energy con- sumption in 2020 was refined to include, among others, stores at host structures (for example department stores) for which Moncler does not directly manage the data. For this reason, energy consumption in 2020 cannot be compared with the previous two years.
In addition to reducing its footprint, in 2020 Moncler continued its collaboration with AzzeroCO2, a company that helps companies identify paths to reduce consumption and compensate for residual and unavoidable CO2 emissions, to compensate for the emissions generated by holding the Re- gional Retail Summit held online. In particular, Moncler offset 1.70 tonnes of CO2e associated with the use of computers, projectors, and IT tools through a Verified Emissions Reduc- tion (VER) reforestation project in the Molgora Park, Lom- bardy, aimed at reclaiming degraded urban areas, creating ecological corridors, and enhancing the traditional landscape by gradually renaturalizing the banks of the Molgora stream that gives its name to the protected area.
Given the nature of Moncler s business model, in which production is mainly outsourced to suppliers, which account for the most significant amount of emissions (scope 3): about 140 thousand tonnes of CO2e that represent 95% of the total.
To limit the indirect emissions linked to the purchase of raw materials and the production and distribution of its mer- chandise, the Company has also initiated a series of roundta- bles with the aim of collaborating more intensively with its producers and logistics suppliers in the application of good environmental practices. See also page 67.
1. Endorsed by CDP, the United Nations Global Compact, the World Resources Institute (WRI), and the World Wide Fund for Nature (WWF), the Science Based Targets initiative establishes and promotes best practices for setting science based targets and evaluates the targets submitted to it by businesses. 2. Moncler s energy consumption from renewable energy includes the Chinese mainland, Hong Kong SAR and Macao SAR. While the corporate energy consumption in Taiwan is currently derived from non-renewable sources. 3. The data includes total consumption estimated on the basis of the total cost of natural gas (except for cases in which data is managed by the host department stores). 4. Consumption and emissions for the worldwide car fleet (2020) and the car fleets in Italy and Romania (2019). In 2020 the car fleet was made up of 35% hybrid vehicles, to which the relative consumption factors of vehicles were applied. For the 2018 recalculation for the Moncler fleet, the specific emission factors for each fuel were applied as provided by the EN 16258 standard. 5. The 2019 and 2018 data do not include the energy consumption of stores in host structures (for example department stores) for which Moncler does not directly manage the data. 6. The calculation of CO
2 e emissions (which includes CH
4 , NO
2 , HFC, PFC, SF
6 emissions where present) was carried out in accordance
with the GHG Protocol guidelines. The parameters used for the calculation are derived from IEA, 2019 (emission factors for electricity), UNI EN 16258 (fuel emission factors). 7. For 2018, energy consumption values and related CO
2 e emissions have been revised following the refinement of the estimation
methodology and updating of the conversion factors.
INITIATIVES TO PROMOTE SUSTAINABLE MOBILITY
As a constantly evolving and moving company, Moncler is aware of the impact of urban mobility and encourages its em- ployees to adopt environmentally friendly solutions. By adopt- ing good habits, aimed at limiting air pollution, everyone can contribute to improving the quality of the air we breathe.
In 2020, in light of the COVID-19 pandemic, the Compa- ny suspended, for safety reasons, the carpooling initiative for employees of the Trebaseleghe office, Padua, which allowed Moncler people to benefit from spending time with colleagues and to limit the environmental impact of travel. It also provid- ed bicycles to encourage people to use alternatives to public transport, in addition to the 20 bikes made available to em- ployees at the Milan offices in 2019 to cover short distances.
At the production site in Romania, Moncler continued to provide the shuttle bus service and increased the number of vehicles to ensure safe distancing in accordance with the an- ti-COVID protocol. The vehicles were disinfected every day, periodically sanitized, and equipped with protective devices and dispensers. Doors were managed separately for getting on and getting off the bus.
This commuting system prevented the emission of more than 4,400 tonnes of CO2, a reduction of 65%, compared to the emissions that would have been generated if each employee had moved by private means.
The commitment to sustainable mobility can be wit- nessed by the growing number of low environmental impact vehicles in the company car fleet. There are 64 hybrid Com- pany cars, equal to about 35%, and Moncler plans to continue increasing this number. See also page 66.
In 2020, employees with a company car also received a new DKV fuel card which they can use at 8,000 service sta- tions in Italy and 50,000 throughout Europe, thanks to a net- work of well-known brands and that allow to travel with zero CO2 emissions. Under this system, for every litre of fuel con- sumed, the corresponding emissions are offset through certi- fied projects of environmental protection.
With the Strategic Sustainability Plan Moncler Born to Protect, the Company has set strategies and operational ob- jectives that outline the Group s development path towards carbon neutrality at own sites worldwide by 2021.
In 2020, Moncler submitted its CO2 emission reduction targets to the Science Based Targets Initiative (SBTi)1. The SBTi judged the targets to be consistent with the actions compa- nies in different industries need to take to help reduce the global temperature.
RESOURCE MANAGEMENT AND CONSUMPTION
2020 2019 20187
Direct energy consumption 5,531,706.27 7,307,505.16 6,506,388.67
From non-renewable sources:
Natural gas3 3,468,702.60 3,494,342.32 2,969,065.39
Diesel4 1,089,561.87 2,874,734.71 3,262,034.35
Fuel4 973,441.80 938,428.13 275,288.93
Indirect energy consumption5 29,733,158.57 20,097,325.00 16,376,188.00
Electricity from non-renewable sources 14,616,822.43 11,871,230.00 10,814,842.00
Electricity from renewable sources 15,116,336.14 8,226,095.00 5,561,346.00
Total energy consumption 35,264,864.84 27,404,830.16 22,882,576.67
Total energy consumption/number of employees 8,018.39 5,997.99 5,507.24
2020 2019 20187
Direct emissions (scope 1) 1,298.14 1,768.18 1,582.37
From non-renewable sources:
Natural gas3 759.21 764.82 649.85
Diesel4 283.14 757.04 856.82
Fuel4 255.79 246.32 75.70
Indirect emissions (scope 2)5
Location-based 10,689.75 7,610.87 6,358.65
Market-based 5,489.21 5,669.75 5,173.31
Total emissions6
Location-based 11,987.89 9,379.05 7,941.02
Market-based 6,787.35 7,437.93 6,755.68
Total emissions/number of employees
Location-based 2.73 2.05 1.91
Market-based 1.54 1.63 1.63
DIRECT AND INDIRECT ENERGY CONSUMPTION (kWh)
DIRECT AND INDIRECT CO 2 EMISSIONS
(Tonnes of CO 2 e)
167CONSOLIDATED NON FINANCIAL STATEMENT 2020166 ACT ON CLIMATE CHANGE