AUDIT
Systematic and documented assessment (by an independent body) to verify compliance with the requirements of a given law/standard of reference.
CONCESSION
Directly managed mono-brand retail space located on the pre- mises of a department store.
DEPARTMENT STORE
General shop, large- or medium-sized, divided internally into specialist departments.
DOS
Directly Operated Stores, including Free Standing Stores, Tra- vel Retail Stores, Concessions, and Outlets.
EMAS
Voluntary environmental management tool developed by the European Commission for companies and other organizations to evaluate their environmental performance, and to provide the public and other interested parties with information on their environmental management.
EMEA
Europe, Middle East and Africa.
DIRECT EMISSIONS (SCOPE 1)
Air polluting emissions originating from combustion processes involving equipment controlled or owned by the organization.
GLOSSARY
INDIRECT EMISSIONS (SCOPE 2)
Emissions from the generation of purchased electricity con- sumed by the company. Purchased electricity is defined as electricity that is purchased or otherwise brought into the organizational boundary of the company. Scope 2 emissions physically occur at the facility where electricity is generated.
INDIRECT EMISSIONS (SCOPE 3)
Indirect emissions due to the company s activities. This ca- tegory includes sources of emission that are not under the company s direct control, but whose emissions are indirectly caused by its activities. They are divided into 15 categories according to the indications of the GHG Protocol.
FAÇON MANUFACTURER
Third-party supplier carrying out the cut-make-trim (façon) phase of production according to the so-called industrialized method.
FLAGSHIP STORE
Mono-brand retail store that, by size and/or location, conveys the philosophy and image of the Brand.
FREE STANDING STORE
Retail store located directly on a street, i.e., not in a mall or shopping centre.
ISO 14001
Voluntary standard developed by the International Organiza- tion for Standardization (ISO), defining the requirements of environmental management systems.
ISO 45001
Voluntary standard published by the British Standards Insti- tution, defining the requirements of occupational health and safety management systems.
KPI (KEY PERFORMANCE INDICATOR)
Measurable value that monitors the effectiveness of a process.
OUTLET
Retail store that sells products and collections from previous years and seasons at discount prices.
MONO-BRAND STORE
Retail store that exclusively sells clothing, accessories, and products of a specific brand.
MULTI-BRAND STORE
Retail store that sells different brands of clothing, accessories, and products.
RETAIL
Distribution channel for the sale of products or goods mana- ged directly by the Group through Directly Operated Stores (DOS) or its own e-commerce website (www.moncler.com).
SHOP-IN-SHOP
Mono-brand wholesale space located on the premises of a de- partment store.
SHOWROOM
Space used to display and sell an apparel company s products to wholesale clients.
SRI (SOCIALLY RESPONSIBLE INVESTOR)
Financial operator who integrates standard financials with en- vironmental, social, and governance considerations.
STAKEHOLDER
Person or subject with a legitimate interest in the activities of an organization, and who affects or is affected by the organi- zation s decisions.
TRAVEL RETAIL STORE
Point of sale located in places with heavy traffic of potential clients, such as airports and train stations.
WHOLESALE
Distribution channel for the sale of products or goods to di- stributors (industrial, commercial, institutional, and other professional entities), through which the Group sells its pro- ducts. The channel consists of both mono-brand and mul- ti-brand stores.
215CONSOLIDATED NON FINANCIAL STATEMENT 2020214 APPENDIX