Overall Net-Zero Target Moncler Group commits to reach net-zero greenhouse gas emissions across the value chain by 2050 from a 2021 base year. Near-Term Targets Moncler Group commits to reduce absolute scope 1 and 2 GHG emissions 70% by 2030 from a 2021 base year. Moncler Group also commits to increase active sourcing of renewable electricity from 80% in 2021 to 100% by 2023, with continual sourcing of 100% renewable electricity through 2030. Moncler Group further commits to reduce scope 3 GHG emissions 52% per unit sold by 2030 from a 2021 base year. Long-Term Targets Moncler Group commits to reduce absolute scope 1 and 2 GHG emissions 90% by 2050 from a 2021 base year. Moncler Group also commits to reduce absolute scope 3 GHG emissions 90% within the same timeframe.