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Retail Trade Services
IT
updated 20 days ago

Prada Sustainability Profile

Company website

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.

DitchCarbon Score

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.

77

Industry Average

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.

28

Industry Benchmark

Prada's score of 77 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.

87%

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Prada's reported carbon emissions

In 2024, Prada reported total carbon emissions of approximately 303,244,000 kg CO2e, with Scope 1 emissions at about 5,704,000 kg CO2e, Scope 2 emissions at approximately 25,863,000 kg CO2e, and Scope 3 emissions reaching about 293,018,000 kg CO2e. This represents a slight decrease from 2023, where total emissions were approximately 306,548,000 kg CO2e. Prada has set ambitious climate commitments, aiming to reduce absolute Scope 1 and Scope 2 greenhouse gas emissions by 29.4% by 2026, using 2019 as the baseline year. Additionally, the company has committed to a 42% reduction in absolute Scope 3 emissions by 2029 from the same baseline. Furthermore, Prada has pledged to achieve net-zero emissions across all scopes by 2050. The emissions data and targets are cascaded from its parent company, Prada S.p.A., which is responsible for the overarching sustainability initiatives. The company is actively working towards these goals, with a focus on reducing its environmental impact in the luxury fashion sector.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201320142015201620172018201920202021202220232024
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

How Carbon Intensive is Prada's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Prada's primary industry is Retail Trade Services, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Prada's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Prada is in IT, which has a low grid carbon intensity relative to other regions.

Prada's Scope 3 Categories Breakdown

Prada's Scope 3 emissions, which decreased by 1% last year and increased significantly since 2014, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 49% of Scope 3 emissions.

Top Scope 3 Categories

2024
Purchased Goods and Services
49%
Upstream Transportation & Distribution
33%
Upstream Leased Assets
8%
Employee Commuting
5%
Business Travel
3%
Fuel and Energy Related Activities
<1%
Investments
<1%
Waste Generated in Operations
<1%

Prada's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Prada has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Prada's Emissions with Industry Peers

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Vince Holding Corp.

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•
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BALENCIAGA

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•
Hotel and restaurant services (55)
Updated about 2 months ago

Tiffany And Co

US
•
Retail trade services, except of motor vehicles and motorcycles; repair services of personal and household goods (52)
Updated 2 days ago

Kering

FR
•
Retail trade services, except of motor vehicles and motorcycles; repair services of personal and household goods (52)
Updated 2 days ago

Frequently Asked Questions

Common questions about Prada's sustainability data and climate commitments

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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