Image Courtesy – Moncler

Moncler has designed the new Born to Protect Sustainability Plan from its roots, expressing its commitment to an increasingly sustainable and responsible long-term development.

Moncler was founded in 1952 in Grenoble, and has over 60 years of history during which the Company has written and rewritten its own path, evolving the business and the way it approaches the market, while remaining always true to its origins, to protect people from the cold. The concept of protection in the new Sustainability Plan is therefore an essential part of the company’s existence and operations.

Moncler’s new sustainability plant focuses on five strategic drivers: climate action, circular economy, fair sourcing, enhancing diversity, and giving back to local communities.

Image Courtesy – Moncler

Moncler was born to protect from the cold. The Moncler Born to Protect Sustainability Plan extends this founding
purpose of protection to people and to the planet, tackling some of the most pressing challenges facing the world.
Remo Ruffini, Chairman and CEO of Moncler comments: “The world is facing ever more urgent social and
environmental challenges. The pandemic is a reminder that we can, we must, always go beyond what we have
already achieved if we are to make our future better. To rise to these great challenges, as individuals, as organizations and as companies, we must mobilize extraordinary energies. The kind that can only be generated by engaging people around common goals. We must welcome new ways of thinking and working, and find innovative solutions in new places. At Moncler, we will embrace these challenges with humility and with ambition, searching and improving, in the knowledge that even small steps can lead to great results. Moncler Born to Protect is the renewal of our continued commitment to protect today and tomorrow for all”.

Image Courtesy – Moncler

The Moncler Sustainability Plan introduces precise goals for the company to meet. These include reducing its
environmental impact by becoming carbon neutral, the recycling of fabric scraps and the use of sustainable nylon as well as the elimination of single-use plastics. In another important step towards a more circular economy, Moncler will start recycling DIST-certified down through an innovative mechanical process that requires 70% less water compared to traditional down recycling processes.

The Sustainability Plan also targets the traceability of raw materials and the continuous improvement of social and environmental standards throughout the supply chain through close collaboration with its business partners.
Moreover, the plan encompasses dedicated internal and external awareness-raising initiatives aimed at fostering
and enhancing diversity while promoting an ever more inclusive culture.

Moncler is further committed to supporting local communities through impactful social projects and to protecting 100,000 of the most vulnerable children and families from the cold.

In 2019, Moncler entered the Dow Jones Sustainability (DJSI) World and Europe indices and was recognized
as Industry Leader in the “Textiles, Apparel & Luxury Goods” sector. In July 2020, Moncler signed a sustainability-linked revolving credit facility for a maximum amount of 400 million of euros with a reward mechanism linked to the achievement of environmental reduction targets.

Moncler is part of the Fashion Pact, a global coalition of companies in the fashion and textile industry,
including suppliers and distributors, all committed to reach a common core of key goals in three areas:
stopping global warming, restoring biodiversity and protecting the oceans.