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.
+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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Industry Intensity
Retail Trade Services has below-average carbon intensity
Industry performance
The Retail Trade Services industry has reduced its overall emissions by 31% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
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 goals2026
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…
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…
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Scope 3 top emissions categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Common questions about Prada’s sustainability data and climate commitments
Data year: 2024
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