Sustainability Plan represents senior management’s strategic vision and responds to some of the global challenges starting from the material topics come out from stakeholder’s engagement (material matrix).
To ensure its Sustainability Plan objectives are achieved, Monnalisa has established a specific team tasked with defining the objectives, targets, and time frames of its Sustainability Plan and ensuring these aspects are monitored and achieved.To ensure its Sustainability Plan objectives are achieved, Monnalisa has established a specific team tasked with defining the objectives, targets, and time frames of its Sustainability Plan and ensuring these aspects are monitored and achieved. The team also monitors projects and keeps senior management and the Chief Executive Officer informed of their progress. The CEO is tasked with overseeing the overall management of ESG topics and providing the Plan with strategic direction in line with the Group’s business strategies. Through sustainability reporting, the objectives and concrete initiatives implemented by the Group are reported to the stakeholders.
|work-life balance policies||Improve people’s well-being|
|Development and training of human resources||Develop talent, Promote a culture of sustainability among external and internal stakeholders|
|Manage diversity and equal opportunities||Promote equal opportunities|
|Working conditions||promote safe and secure working environment and decent work for all|
|decent work for all||Responsible management of supply chain|
|Sustainability of materials
|Integrating environmental sustainability into the product
Transition to the circular economy
Use of environmentally friendly packaging
Extend the life cycle of garments
|Carbon footprint||Reduce Monnalisa’s carbon footprint|
Standards / Codes of Ethics
|Attracting ESG sensitive investors
Strengthen corporate governance
The objectives identified in the Sustainability Plan will be updated each year based on the results achieved; new objectives will be added as new needs emerge over time. During approval of the annual sustainability report, the CEO reports to the Board of Directors the progress of the projects and the sustainability objectives.
The Plan contributes to:
- Creating sustainable value for the Group in the medium to long term
- Mitigate ESG risks, thus making it functional to achieve the objectives of the business development plan
- Establish synergies between functions and spread a culture of sustainability
- Improve corporate reputation and visibility
- Implement some of the SDGs defined by the United Nations
- Intercepting investors and lenders sensitive to ESG issues
- Disseminate good sustainability practices.