Prada S.p.A., a renowned luxury fashion house, is headquartered in Milan, Italy, and operates extensively across Europe, Asia, and the Americas. Founded in 1913, Prada has established itself as a leader in the high-end fashion industry, known for its innovative designs and commitment to craftsmanship. The brand's core offerings include ready-to-wear clothing, leather goods, footwear, and accessories, each distinguished by their unique blend of modern aesthetics and traditional techniques. Over the years, Prada has achieved significant milestones, including the introduction of its iconic nylon bags in the 1980s, which revolutionised luxury materials. Today, Prada is celebrated for its avant-garde approach and has solidified its position as a market leader, consistently influencing global fashion trends and setting standards for luxury branding.
How does Prada's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Retail Trade Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Prada's score of 48 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Prada reported total greenhouse gas emissions of approximately 306,548 tonnes CO2e. This figure includes 6,809 tonnes from Scope 1 emissions, 4,769 tonnes from Scope 2 emissions, and a significant 294,970 tonnes from Scope 3 emissions, which encompass indirect emissions from the supply chain and product use. Prada has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 emissions by 29.4% by 2026, using 2019 as the baseline year. Additionally, the company plans to cut Scope 3 emissions by 42% by 2029 from the same base year. These targets align with the Science Based Targets initiative (SBTi) and are designed to support global efforts to limit temperature rise to 1.5°C. Over the years, Prada has demonstrated a commitment to sustainability, with emissions fluctuating from 44,660 tonnes CO2e in 2019 to 31,257 tonnes CO2e in 2021, reflecting ongoing efforts to improve operational efficiency and reduce carbon footprints. The company continues to focus on enhancing its sustainability practices across all scopes of emissions, contributing to a more sustainable future in the luxury fashion industry.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2013 | 2014 | 2015 | 2016 | 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 4,544,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 61,200,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
Scope 3 | - | - | 0,000,000 | 0,000,000 | 0,000,000 | 000,000,000 | - | 000,000,000 | 000,000,000 | 000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Prada is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.