Climate and Net Zero Targets
Scope 1 and 2: Reduce absolute Scope 1 and 2 GHG emissions by 29.4%, by 2026 from a 2019 base year. Communicates SBTI validated this but unclear if aligned to 55% by 2030.

Scope 3: Short of 50%. Commits to reduce absolute Scope 3 GHG emissions by 42%, by 2029 from a 2019 base year

Mid-term (2035/2040) milestones: Published roadmap to 2026 but nothing between there and 2050 of significance.

Net Zero Roadmap: Goal to net zero by 2050. Lacks a clear roadmap.

Renewable Energy Targets
Own operations RE target: Has a goal of 90% of electricity purchased from the grid covered by GoOs and I-RECs by 2026; not prioritizing high impact renewables.

Supply chain RE target: No clear 2030 target. Set a goal for 2026 of more than 20% industrial elec consumption covered by solar PV.As of 2024 data reports, 15%

Thermal Coal Phase Out
2030 Coal Phase-out Target: No

Thermal energy transition/ electrification: No

Transparency
Emissions data: Yes and provides breakdown of Scope 3 by category, but not by country or tier.

Supply chain energy data: No even disclosure. Says that of 10 largest manufacturing suppliers in terms of turnover with the Group (representing more than 25% of the total expenditure), 4 suppliers produced their own electricity from renewable sources, covering 23% of their electricity needs.

Supplier lists published: Not to Tier 4. Prada shares a list of raw material and semi-manufacturing suppliers, accounting for 40% of production value.

Supplier list link

Training, feasibility studies, and non-financial support for climate action
Prada reports having joined the Apparel Impact Institute as a partner. Doesn’t disclose which programmes it is participating in so unclear which training they are receiving. Says ‘ As part of this commitment, the Group plans to involve its key suppliers in an awareness-raising campaign to guide them towards greener energy alternatives.’

Additional, targeted support for transition planning: No further evidence

Financial Support for Decarbonization
Loans and financing: No evidence

Collective financing initiatives: No evidence

Direct/debt-free financing: No evidence

Responsible/equitable buying to enable climate action
Purchasing decisions incentivize climate action: Partial. Code of conduct has detail on expectations on numerous environmental areas covers water consumption, water discharge, biodiversity, energy consumption

Equitable/long-term sourcing to enable climate action: No evidence

Prices enable climate action: No evidence

Climate Adaptation
Adaptation/worker just transition training funded or provided: No evidence but could be happening through partnership with Aii.

Emergency support developed with local groups: No evidence

Decarbonization Progress
Reducing manufacturing emissions: Yes, emissions data shows both year on year and significant reduction against baseline year.

Increasing supply chain renewable electricity: Partial: Of the 10 largest manufacturing suppliers in terms of turnover with the Group (representing more than 25% of the total expenditure), 4 suppliers produced their own electricity from renewable sources, covering 23% of their electricity needs.

Coal phase out transition progress: No evidence

Commitment to phase out fossil fuel-derived fibers
No. Broad goals focused on sourcing lower impact alternatives for a variety of materials, both natural and synthetic. 52% currently certified recycled or bio-based.

Deforestation-free materials
Leather: Yes – company communicates it is aware of the risks and does so through LWG or ICEC (Istituto di Certificazione della Qualità per l’industria Conciaria)

Man-made Cellulosic Fibers: Limited. Says working on this through FSC (not canopy). Reports 49% recycled or FSC of viscose is certified.

Low-carbon materials
No strong examples. Previous campaign focused on ReNylon with ECONYL .

Increasing Circularity
Prada’s circularity efforts remain in their infancy. The luxury brand has focused on recycled synthetics through its ReNylon campaign with ECONYL.
The company does not offer resale but does provide repairs for all products.
Prada has a target of 70% “lower impact” cotton by 2026, 55% must of this must be organic but there are no minimums set on how much must be recycled.

Target & increase recycled cotton
Limited. Prada has a target of 70% “lower impact” cotton by 2026 and 55% must be organic. This includes recycled, organic, regenerative, or BCI.

100% recycled/organic/regen cotton + wool, report on progress
Prada has a target of 70% “lower impact” cotton by 2026 and 55% must be organic. This includes recycled, organic, regenerative, or BCI. Reports being 45% towards its target in ’24, lower than the 52% communicated in ’23 report

Support farmers, transition to regen/organic farming
No direct examples.

Resale/repair – % total sales/disclosure on #
No direct resale platform but does offer repairs for all products.

Direct link resale/repair to reduce production
No, focused on longevity and circularity.

Materials transparency
Shares material mix: Partial. Reports by percentage, but not weight.

Provides data on units sold: Not disclosed

Prada does include shipping emissions in its Scope 3 target, but reported a sharp 59% increase in emissions compared with its baseline year. No further or historical data available on transportation modes, including aviation. The company does not have a commitment to avoid or minimize the use of air freight, and communicates it is using sustainable aviation fuel to support decarbonization of the industry, which is not a sustainable solution.

No evidence of action to reduce the impact of marine shipping, or support for zero emission vessels.

No strong direct examples.