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Prada Group

Sustainability Report and Carbon Intensity Rankings

Is Prada Group doing their part?

Their DitchCarbon score is 64

The Prada Group has a DitchCarbon Score of 64, indicating a moderate level of sustainability in their operations. This score reflects the company’s efforts to reduce its carbon intensity, showing progress towards environmental goals. A higher score would signify even greater achievements in lowering the carbon intensity of their business activities.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

Prada Group is a company in the retail sector, which has a carbon intensity ranking of low. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

The Prada Group, located in Italy, benefits from the country’s low carbon intensity, which positively influences the sustainability of their operations. This indicates that the company’s environmental impact is reduced due to Italy’s commitment to low carbon emissions.
16.62%

...this company is doing 16.62% better in emissions than the industry average.

Founded in 1913 in Milan, the Prada Group is a prestigious player in the luxury goods industry, renowned for its high-end fashion products. The company offers a wide range of luxury items including handbags, leather goods, footwear, apparel, and accessories across multiple brands such as Prada, Miu Miu, Church’s, and Car Shoe. With a global presence, Prada Group products are available in 70 countries through a mix of Directly Operated Stores and a network of luxury department stores and franchises.

Good news, Prada Group has set ambitious SBTi commitments

Prada Group has committed to Science Based Targets initiative (SBTi) by setting targets to significantly reduce their greenhouse gas emissions from their own operations, aligning with the goal of limiting global warming to 1.5°C. This commitment involves a strategic reduction in scopes 1 and 2 emissions, demonstrating the company’s dedication to sustainable and responsible business practices.

There’s always room for improvement,

DitchCarbon recommends...

Prada Group should foster supplier engagement initiatives to promote the reduction of emissions, potentially decreasing their Scope 3 emissions by 35%.
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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.