Friday 23 October 2020
Fashion brand Moncler has announced a commitment to become carbon-neutral at its own sites worldwide by 2021.
The firm has also pledged to have its global operations powered with 100% renewable energy by 2023.
The company's updated sustainability plan involves the recycling of fabric scraps, the use of sustainable nylon and the elimination of single-use plastics.
Moncler will also introduce a new mechanical recycling process that requires 70% less water compared to conventional technologies.
The fashion brand said it has achieved a 30% reduction in its direct carbon dioxide emissions in the last three years.
Remo Ruffini, Chairman and Chief Executive Officer of Moncler, commented: "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."