Prada S.p.A., a renowned luxury fashion house, is headquartered in Milan, Italy. Founded in 1913, the brand has established itself as a leader in the global fashion industry, with a strong presence in Europe, Asia, and the Americas. Prada is celebrated for its innovative designs and high-quality craftsmanship, specialising in leather goods, apparel, footwear, and accessories. The brand's unique approach to combining traditional techniques with modern aesthetics has garnered a loyal clientele and critical acclaim. Notable milestones include the introduction of the iconic nylon backpack in the 1980s, which revolutionised luxury fashion. Today, Prada is synonymous with sophistication and elegance, consistently ranking among the top luxury brands worldwide, thanks to its commitment to creativity and excellence.
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 77 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Prada reported total carbon emissions of approximately 303,244,000 kg CO2e, a slight decrease from about 306,548,000 kg CO2e in 2023. The emissions breakdown for 2024 includes 5,704,000 kg CO2e from Scope 1, 25,863,000 kg CO2e from Scope 2, and a significant 293,018,000 kg CO2e from Scope 3 emissions. This indicates a continued reliance on upstream activities, particularly in purchased goods and services, which accounted for about 144,282,000 kg CO2e. Prada has set ambitious climate commitments, aiming for a 29.4% reduction in absolute Scope 1 and Scope 2 greenhouse gas emissions by 2026, using 2019 as the baseline year. Additionally, the company has committed to reducing its absolute Scope 3 emissions by 42% by 2029, also from a 2019 baseline. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect a commitment to limiting global warming to 1.5°C. Furthermore, Prada has pledged to achieve net-zero emissions across all scopes by 2050, demonstrating a long-term commitment to sustainability. The company is currently on track to meet its near-term targets, with significant reductions planned in natural gas consumption and overall emissions. This emissions data and commitment framework is cascaded from its parent company, Prada S.p.A., ensuring alignment with broader corporate sustainability goals.
Access structured emissions data, company-specific emission factors, and source documents
2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 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 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | 0,000,000 | 0,000,000 | 0,000,000 | - | - | 000,000,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 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 participating in some of the initiatives that 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.