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Retail Trade Services
IT
updated a month ago

Prada

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.

62

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.

30

Industry Benchmark

Prada's score of 62 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.

78%

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Prada's reported carbon emissions

In 2023, Prada reported total carbon emissions of approximately 306,548,000 kg CO2e. This figure includes 6,809,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 4,769,000 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity. The majority of their emissions, about 294,970,000 kg CO2e, fall under Scope 3, which includes emissions from the entire value chain, such as purchased goods and services, employee commuting, and upstream transportation. 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, they are targeting a 42% reduction in absolute Scope 3 emissions by 2029 from the same baseline. Furthermore, the Group has committed to achieving net-zero emissions across all scopes by 2050. These targets are part of their broader sustainability strategy, which is aligned with the Science Based Targets initiative (SBTi) and reflects their commitment to addressing climate change. The emissions data and targets are cascaded from their parent company, Prada S.p.A., ensuring consistency in their environmental reporting and accountability.

Unlock detailed emissions data

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

20132014201520162017201820192020202120222023
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
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
0,000,000
Scope 3
-
-
0,000,000
0,000,000
-
-
000,000,000
-
000,000,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Prada's primary industry is Retail trade services, except of motor vehicles and motorcycles; repair services of personal and household goods (52), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

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.

Reduction initiatives & disclosure networks

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.

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

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Where does DitchCarbon data come from?

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