Moncler Tops Dow Jones Sustainability Indices for Fifth 12 months in a Row – WWD

MILAN — Moncler Group continues to show it’s critical about its sustainability initiatives, efforts and targets.

For the fifth consecutive yr, the group topped the S&P International Company Sustainability Evaluation within the “Textile, Attire & Luxurious Items” sector within the Dow Jones Sustainability Indices World and Europe with the best rating — 89/100.

“Daily, at Moncler and Stone Island, we work to proceed integrating sustainability into our enterprise mannequin. We do it with ardour, ingenuity, humility and obligatory concreteness. We do it with the sense of urgency that environmental and social challenges require,” mentioned the group’s chairman and chief govt officer, Remo Ruffini. “We’re on a transformational journey which requires important adjustments in the way in which we work. This collective, transversal path entails those that work inside the firm in addition to those that collaborate with us throughout the worth chain.”

Whereas Ruffini admitted “pleasure on this achievement, we’re conscious a lot stays to be accomplished. We do that out of our agency perception that financial outcomes are essential, however so is the way in which by which they’re achieved,” he concluded.

The Dow Jones Sustainability Index ranks the main sustainability-driven corporations based mostly on financial, environmental and social duty standards, that are analyzed by high credit score scores supplier S&P International.

Yearly the group studies on its sustainability performances and targets in its consolidated nonfinancial assertion. In 2020, Moncler introduced its strategic sustainability plan till 2025, “Born to Defend,” which focuses on 5 strategic drivers: local weather motion, round economic system, truthful sourcing, enhancing range and giving again to native communities.

As a part of the eco-road map, Moncler is dedicated to succeed in internet zero emissions by 2050; recycling nylon manufacturing scraps at group websites and throughout the availability chain; the use within the collections of fifty % of yarns and materials from lower-impact supplies by 2025 (recycled, natural or from regenerative agriculture, or licensed following particular requirements); the traceability of uncooked supplies, and acquiring the Equal Pay certification, amongst others.

So far, the group lists achievements together with the usage of round 90 % of electrical energy at its immediately operated company websites worldwide from renewable sources in 2022, estimating to succeed in 100% by the tip of 2023; carbon neutrality maintained at its personal immediately operated company websites (manufacturing websites, places of work, logistic hub and shops) from 2021; 100% of nylon scraps from personal direct websites recycled; progressive integration in collections of yarns and materials from lower-impact supplies with the aim of reaching 50 % by 2025, and nearly all single-use virgin plastic eradicated, amongst others. On the group, 69 % of workers have been ladies and 51 % have been ladies in administration in 2022. It has additionally helped shield from the 108,000 individuals most in want over the past six years, and it estimated it has helped round 140,000 within the 2017 to 2023 interval.