Prada

Prada's reported carbon emissions

Prada, a company in the retail trade services sector headquartered in Italy, has reported significant carbon emissions across its operations. In 2024, the company's total emissions, encompassing Scope 1, 2, and 3, amounted to approximately 303.2 million kg CO2e. This figure was composed of approximately 5.7 million kg CO2e from Scope 1 emissions, around 25.9 million kg CO2e from Scope 2 (location-based), and approximately 293 million kg CO2e from Scope 3 emissions. Looking at previous years, Prada's total emissions in 2023 were approximately 306.5 million kg CO2e, with Scope 1 emissions at about 6.8 million kg CO2e, Scope 2 (location-based) at roughly 29.9 million kg CO2e, and Scope 3 at approximately 295 million kg CO2e. In 2022, total emissions were around 328.7 million kg CO2e, with Scope 1 at approximately 7.5 million kg CO2e, Scope 2 (location-based) at about 29.4 million kg CO2e, and Scope 3 at roughly 310.3 million kg CO2e. In 2021, total emissions were approximately 312.6 million kg CO2e, comprising about 7.7 million kg CO2e of Scope 1, approximately 34 million kg CO2e of Scope 2 (location-based), and around 284.2 million kg CO2e of Scope 3. Prada is committed to reducing its environmental impact and has set ambitious climate targets. The company has committed to reducing absolute Scope 1 and Scope 2 Greenhouse Gas (GHG) emissions by 29.4% by 2026, using 2019 as the baseline year. Furthermore, Prada aims to achieve Net-Zero emissions by 2050. These targets are supported by Science Based Targets initiative (SBTi) commitments, which include a 29.4% reduction in absolute Scope 1 and 2 GHG emissions by 2026 from a 2019 baseline, and a 42% reduction in absolute Scope 3 GHG emissions by 2029, also from a 2019 base year. Prada's data and targets are cascaded from its parent organisation, Prada S.p.A.