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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, headquartered in Italy, reported total Scope 1, 2, and 3 carbon emissions of approximately 303,244,000 kg CO2e in 2024. This figure includes about 5,704,000 kg CO2e from Scope 1, 25,863,000 kg CO2e (location-based) from Scope 2, and about 293,018,000 kg CO2e from Scope 3. For comparison, in 2023, their total emissions were approximately 306,548,000 kg CO2e.
Prada has set several climate commitments. The company aims to reduce absolute Scope 1 and Scope 2 Greenhouse Gas emissions by 29.4% by 2026, using a 2019 base year. This target is considered consistent with keeping global warming to 1.5°C by the Science Based Targets initiative (SBTi). Additionally, Prada Group has committed to reaching Net-Zero emissions across all scopes by 2050. Within its Scope 1 emissions, Prada also targets a 60% reduction in natural gas consumption in industrial facilities by 2026, against a 2019 baseline. The company also aims for carbon neutrality by 2025 for Scope 1 and 2 emissions.
Emissions data and reduction targets for Prada are cascaded from its parent company, 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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