8.1 GUIDE TO THE REPORT
REPORTING STANDARDS The Consolidated Non-Financial Statement 2021 of the Mon- cler Group (hereinafter also Non-Financial Statement or State- ment ) is drawn up in compliance with article 4 of Italian Legislative Decree 254/2016 (hereinafter also Decree ), and contains infor- mation on environmental, social, personnel, human rights, and an- ti-corruption issues. This information is intended to deliver a clear understanding of the activities carried out by the Group and their impact, and of the Group s performance and results achieved.
The Statement is published annually, and is prepared in accordance with the core option of the Global Reporting Initia- tive Sustainability Reporting Standards (GRI Standards) issued by the Global Reporting Initiative (GRI) to date, the most wide- ly used and recognized standards at international level for sus- tainability reporting. To facilitate the search for information, a GRI Content Index is provided from page 257.
The Non-Financial Statement follows the principle of mate- riality, as provided for by the relevant regulations and character- ising the GRI Standards. The topics discussed in this Statement are those that, following a materiality analysis and assessment as described on pages 64-65, were considered relevant, as they are able to reflect the social and environmental impacts of the Group s activities, or influence the decisions of its stakeholders.
In order to continue to improve the transparency of the ESG (Environmental Social Governance) performance and facilitate the comparability of the data and information provided to differ- ent stakeholders, starting from this year the Moncler Group has also begun to consider some indicators provided by Sustainabil- ity Accounting Standards Board (SASB) with the aim of gradually expanding disclosures in subsequent publications.
In addition, starting this year the Moncler Group has report- ed the information that are useful for the disclosure according to the requirements of the article 8 of the EU Taxonomy Regulation 852/2020 and has taken into account the recommendations set by the Task Force on Climate-related Financial Disclosures (TCFD) in June 2017 for the voluntary dissemination of transparent re- porting on climate change risks and opportunities.
SCOPE OF REPORTING The qualitative and quantitative data and information contained in the Consolidated Non-Financial Statement 2021 refers to the performance of the Moncler Group (also the Group) for the year ended 31 December 2021. As provided for by article 4 of Legis- lative Decree 254/2016, this Statement includes the data of the Parent Company (Moncler S.p.A.) and of its fully consolidated subsidiaries.
On 31 March 2021, the acquisition by Moncler S.p.A. of the entire share capital of Sportswear Company S.p.A., that owns the Stone Island brand, along with its subsidiaries and associates was completed. These companies joined the scope of consolidation with effect from 1 April 2021. Accordingly, compared to the previ- ous edition, this year Stone Island was included within the report- ing scope and its data have been included in this Statement for regulatory purposes. Therefore, in order to ensure comparability with previous years, this Statement presents both data relating to the 2019-2021 trend of the Moncler brand only (excluding Stone Island) and 2021 data for the new perimeter of the Moncler Group that includes also Stone Island. In particular, the flow data relat- ing to Stone Island for 2021 is included with regard to the last nine months of 2021, i.e. from the acquisition date, while all the other data is as at 31.12.2021.
Any limitations to the scope of reporting have been duly in- dicated in the document. It should be noted that the paragraph describing the corporate governance model refers solely to the parent company Moncler S.p.A..
REPORTING PROCESS The preparation of the Moncler Group Consolidated Non-Finan- cial Statement 2021 was based on a structured process entailing: the involvement of all Company units and departments re-
sponsible for the relevant areas and related data as well as
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information subject to the Group s non-financial reporting. Since 2017, Sustainability Data Owners have been des- ignated. These positions are responsible for the data and information relating to their area that are published in the Consolidated Non-financial Statement, and for achieving the objectives contained in the Sustainability Plan for the relevant topics. The data and information included in the Statement are derived from a non-financial reporting sys- tem (data collection forms), specifically implemented to meet the requirements of the Decree and GRI Standards, and, for certain data, from the corporate information system used for Group management and accounting
the approval of the Statement by the Board of Directors, convened to approve the draft Financial Statements for the 2021 financial year, following examination by the Control, Risks, and Sustainability Committee
the issue of an assurance report on the Statement by the in- dependent auditor KPMG following a limited assurance en- gagement
the presentation of the Statement at the Shareholders Meeting
the publication of the Statement on the corporate website to make it available to all stakeholders in a transparent manner.
REPORTING PRINCIPLES The identification of the contents and the reporting of the Consol- idated Non-Financial Statement took into account the following principles: materiality the Statement describes the main economic,
social, and environmental impacts directly linked to Mon- cler and Stone Island activities, considered most significant by both the Group and the internal and external stakehold- ers involved in corporate activities
stakeholder inclusiveness Moncler and Stone Island take into account the expectations and interests of all those who, in any capacity, contribute to, or are influenced by, the Group s activities. The Statement provides a de- scription of the Group s main stakeholders and channels of communication
sustainability context the reporting of non-financial re- sults is carried out taking into account the socio-economic context in which the Group operates and the issues of great- est relevance to the sector of reference
completeness the reported issues and the scope of re- porting of the Statement are selected so as to allow stake- holders to form a complete opinion on the Group s main economic, social, and environmental impacts
balance the Statement describes Moncler and Stone Is- land performances in the field of sustainability, reporting on positive trends and results, as well as on the areas requiring further improvement
comparability data referring to previous reporting periods was included and duly indicated in the Statement, to enable the comparison and contextualization of information
accuracy in order to ensure the accuracy and homogene- ity of the reported information, the Statement was based on hard data collected through direct measurements and sur- veys, while limiting the use of estimates as much as pos- sible. Estimates, if any, are duly indicated in the document and are based on the best calculation methods currently available
timeliness the Moncler Group s Non-Financial Statement is drawn up annually and made public in the same period as the Annual Report
reliability all data and information reported were validated by the Sustainability Data Owners and processed based on documented evidence
clarity the Moncler Group s Non-Financial Statement con- tains information presented in a manner that is easily com- prehensible and accessible to all stakeholders.
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