Moncler, a leading luxury apparel brand, has been awarded the highest score (90/100) in S&P Global's Corporate Sustainability Assessment. The company's commitment to environmental and social responsibility is highlighted in its 'Born to Protect' plan, which outlines ambitious goals for climate action, circular economy, fair sourcing, diversity, and community impact. The plan includes science-based targets for greenhouse gas emissions, a commitment to net zero by 2050, and the use of sustainable materials in its collections. Moncler also emphasizes traceability of raw materials, social standards throughout the supply chain, diversity and inclusivity, and community support.
World and Europe in the “textile, apparel and luxury goods ” sector with the highest score — 90/100 — in the S&P Global Corporate-driven companies based on economic, environmental and social responsibility criteria, which are analyzed by top credit ratings provider S&P Global, assessing more than 13,000 firms.
The plan includes greenhouse gas science-based targets; the commitment to reach net zero by 2050; the recycling of nylon production fabric scraps at the group’s sites and supply chain, and the use in the collections of 50 percent of yarns and fabrics from lower-impact materials by 2025. As per the plan, Moncler achieved the traceability of strategic raw materials, and this also enabled more precise assessment and management of CO2 emissions, biodiversity, water and social impacts of sourcing. It is also aiming for continuous improvement of social and environmental standards throughout the supply chain, collaborating with its business partners.
Diversity, inclusivity and equal-pay certification are also a focus, as is the group’s commitment to supporting local communities through impactful social projects and to protecting the most vulnerable children and families from the cold. Regarding the latter, since 2017, the group has protected 140,000 people most in need.
The group listed its 2023 achievements, which include the use of 100 percent of electricity from renewable sources and carbon neutrality at own directly operated corporate sites worldwide; 100 percent of nylon scraps from own direct sites recycled; recycling extended to Moncler external outerwear production network, reaching 55 percent of total outerwear nylon scraps; more than 25 percent of yarns and fabrics used in 2023 collections made with “preferred” raw materials with the goal of reaching...
Sustainability Corporate Responsibility Fashion Luxury Goods Environmental Protection
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