The company was acknowledged as industry leader of the “Textile, Apparel & Luxury Goods” sector.
“We know very well that we still have a lot to learn and achieve, and we are aware that the current macroeconomic scenario and the energy crisis make the momentum toward increasingly responsible operating models even more challenging, especially for the most vulnerable entities of the supply chain,” the executive added, urging a collaborative approach and a joint commitment of all players across the fashion pipeline.
The ranking compiled by top credit ratings provider S&P Global provides a template for admission to the Dow Jones Sustainability Indices World and Europe, which ranks the leading sustainability-driven companies based on economic, environmental and social responsibility criteria. The latter is a reference standard for investors who include sustainability considerations in the decision-making process of their investments.
Every year Moncler reports on its sustainability performances and targets in its consolidated nonfinancial statement, and in 2020 it presented its strategic sustainability plan until 2025, “Born to Protect,” which focuses on five strategic drivers: climate action, circular economy, fair sourcing, enhancing diversity and giving back to local communities.
As part of the eco-road map, Moncler is committed to reach net zero emissions by 2050; recycling nylon manufacturing scraps across the supply chain; the traceability of raw materials, as well as launching awareness-raising initiatives geared toward diversity in the workspace and in society at large. To date, Moncler lists achievements including the use of 100 percent of down traced and certified according to the DIST Protocol since 2015; of more than 15 percent of recycled-based man-made fibers in 2022; 80 percent renewable energy at worldwide level, estimated to reach 90 percent this year; 100 percent of low-impact packaging; the ban of single use plastics; auditing on ethical and social aspects for all its outerwear suppliers globally; female representation in that 52 percent of C-suite...
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