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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 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Retail Trade Services has below-average carbon intensity
The Retail Trade Services industry has reduced its overall emissions by 31% since 2018
Scope 3 accounts for ••• of total emissions.
Prada, with its headquarters in Italy, reported total carbon emissions of about 303,244,000 kg CO2e in 2024. This includes Scope 1 emissions of approximately 5,704,000 kg CO2e, Scope 2 emissions of about 25,863,000 kg CO2e (location-based), and Scope 3 emissions of approximately 293,018,000 kg CO2e. The largest contributors to Scope 3 emissions in 2024 were purchased goods and services (about 144,282,000 kg CO2e) and upstream transportation and distribution (approximately 97,012,000 kg CO2e).
Looking at previous years, Prada's total emissions were approximately 306,548,000 kg CO2e in 2023 and about 328,655,000 kg CO2e in 2022.
Prada has set ambitious climate commitments. The company aims to reduce absolute Scope 1 and Scope 2 GHG emissions by 29.4% by 2026, using a 2019 baseline. Furthermore, Prada has committed to a 42% reduction in absolute Scope 3 GHG emissions by 2029 from a 2019 base year. These near-term targets have been validated by the Science Based Targets initiative (SBTi) as consistent with keeping warming to 1.5°C. Prada also has a long-term commitment to achieve Net-Zero emissions by 2050 across all scopes. Additionally, they aim for a 60% reduction in natural gas consumption in industrial facilities by 2026, compared to a 2019 baseline.
Prada Group is a "BA1.5 member" as of 2021-06-24, indicating their commitment to the Business Ambition for 1.5°C. The emissions data and climate commitments are directly disclosed by Prada, as indicated by the cascade level of 0 from the source organization, Prada S.p.A.
2026
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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Common questions about Prada’s sustainability data and climate commitments
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