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OrganisationsPrada
Prada logo

Prada

Retail Trade ServicesItalyPNK: PRDSF
Last verified 9 days agopradagroup.com

Prada S.p.A., a renowned name in the luxury fashion industry, is headquartered in Milan, Italy. Established in 1913, the brand has evolved from a leather goods shop to a global powerhouse in retail trade services, particularly in high-end fashion and accessories. Prada is celebrated for its innovative designs and commitment to craftsmanship, offering a diverse range of products including clothing, handbags, footwear, and fragrances.

With a strong presence in major markets across Europe, Asia, and the Americas, Prada has solidified its position as a leader in luxury retail. The brand's unique blend of tradition and modernity, along with its iconic status, has garnered numerous accolades, making it a symbol of sophistication and style in the competitive fashion landscape.

62
DitchCarbon score

+26 vs industry average

Prada’s score of 62 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Prada’s sustainability team

Pamela Bussi

Pamela Bussi

Prada Group's Corporate Sustainability & ESG Reporting

Daniele Pace

Daniele Pace

Group Sustainability Reporting Manager

Industry Intensity

Low

Retail Trade Services has below-average carbon intensity

Industry performance

0.181
20182025

The Retail Trade Services industry has reduced its overall emissions by 31% since 2018

Emissions trajectory 2020 – 2027

000M000.0M000M00.0M0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Prada's reported carbon emissions

In 2024, Prada reported total greenhouse gas (GHG) emissions of approximately 303.2 million kg CO2e. This included approximately 5.7 million kg CO2e for Scope 1 emissions and about 25.9 million kg CO2e for Scope 2 emissions (location-based). Scope 3 emissions accounted for the largest portion, totalling approximately 293 million kg CO2e. The primary contributors to Scope 3 emissions were purchased goods and services, which represented about 144.3 million kg CO2e, and upstream transportation and distribution, contributing approximately 97 million kg CO2e.

For 2023, Prada's total GHG emissions were approximately 306.5 million kg CO2e, with Scope 1 emissions at about 6.8 million kg CO2e and Scope 2 emissions at approximately 29.9 million kg CO2e (location-based). Scope 3 emissions were approximately 295 million kg CO2e, with purchased goods and services being the largest component at about 195.4 million kg CO2e.

Prada is committed to significant climate action. The company has set a near-term target to reduce absolute Scope 1 and Scope 2 GHG emissions by 29.4% by 2026, using 2019 as a baseline. Furthermore, Prada has committed to reaching Net-Zero emissions by 2050. These targets are validated by the Science Based Targets initiative (SBTi), which also acknowledges Prada's commitment to reduce absolute Scope 3 GHG emissions by 42% by 2029, again from a 2019 baseline. Prada's emissions data is cascaded from its parent organisation, Prada S.p.A.

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Prada’s Climate Goals (2030 & 2050)

2 goals

2026

29.4% reduction in Scope 1

Prada Group commits to reduce absolute scope 1 and 2 GHG emissions 29.4% by 2026 from a 2019 base year. Prada Group also commits to reduce a…

On track29.4%

2026

29.4% reduction in Scope 2

Prada Group commits to reduce absolute scope 1 and 2 GHG emissions 29.4% by 2026 from a 2019 base year. Prada Group also commits to reduce a…

Behind target29.4%

Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.

Scope 3 top emissions categories

8 of 15 categories disclosed
Purchased Goods & Services49%
Upstream Transportation & Distribution33%
Upstream Leased Assets8%
Employee Commuting5%
Business Travel3%
Fuel & Energy Activities1%
Investments0%
Waste Generated in Operations0%
Purchased Goods & Services49%
Upstream Transportation & Distribution33%
Upstream Leased Assets8%
Employee Commuting5%
Business Travel3%
Fuel & Energy Activities1%
Investments0%
Waste Generated in Operations0%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

2029 targetSee details
Active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Not active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

See details
Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Prada logoPrada
ITRetail Trade Services
9 days ago
62
L'Oréal S.A. logoL'Oréal S.A.
FRBusiness Services
7 days ago
100
View
Salvatore Ferragamo logoSalvatore Ferragamo
ITRetail Trade Services
7 days ago
92
View
Christian Dior logoChristian Dior
FRRetail Trade Services
5 days ago
79
View
Estee Lauder logoEstee Lauder
USCosmetics, Beauty Supplies, and Perfume Stores
7 days ago
74
View
Chanel S.A. logoChanel S.A.
FRApparel Production
17 days ago
62
View
Capri Holdings logoCapri Holdings
USWomen's Handbag and Purse Manufacturing
7 days ago
56
View

Frequently asked questions

Common questions about Prada’s sustainability data and climate commitments

In 2024, Prada's estimated total greenhouse gas emissions were approximately 303 million kg CO₂e. The majority, roughly 97%, came from Scope 3 emissions, mainly due to purchased goods and upstream transportation. Scope 1 emissions were around 5.7 million kg CO₂e, and Scope 2 emissions, from purchased electricity, were close to 26 million kg CO₂e. This data highlights Prada's significant reliance on supply chain activities for its overall environmental impact, emphasizing the importance of targeted reduction strategies within its operations and procurement processes.

Data year: 2024

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