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Total Score

F

Emissions

-33.41%

The company is transparent with respect to energy use for its own operations, GHG emissions across the supply chain, and material mix, which is positive. However, it received failing marks in all areas except climate commitment and transparency because of poor reporting in remarkable energy transition, renewable energy advocacy, switch to low-carbon materials, and clean transportation method.

Prada needs to rapidly begin providing training, assistance, financial support, and incentives for its suppliers to put in place energy efficiency measures and help them transition to renewable energy. It is also essential for Prada to reduce its dependence on fossil fuel derived fabrics, stop sourcing materials from deforested regions, and use low-carbon materials. Progress on these measures should be publicly disclosed.

Score Breakdown

GHG emissions:

Prada has set an emissions reduction target for its own operations of 29.4% by 2026 from a 2019 base year, which is not in line with keeping warming below 1.5°C.

The company has also set an emissions reduction target for its supply chain of 42% by 2029 from a 2019 base year. This target is not in line with the 55% reduction by 2030 required.

Renewable energy:

Prada has not set a renewable energy target in its own operations.
Prada has yet to set a target of 100% renewable energy for its supply chain by 2030, which is an essential step for decarbonising its manufacturing.

Coal phase out:

Prada has not publicly set a target to phase out coal-fired boilers from its supply chain by 2030 to reduce air pollution and cut emissions.

GHG emissions:

Prada publicly reports GHG emissions in its own operations, and in its supply chain. The company does provide a full breakdown of its Scope 3 emissions.

Energy use:

Prada does publicly report its energy use for its own operations, including a breakdown of its renewable energy use and how that energy is sourced.
For its supply chain, Prada does not publicly report its energy use, a breakdown of its suppliers’ renewable energy use or how that energy is sourced.

Suppliers:

Prada provides a partial supplier list.

Prada does not provide its suppliers with training and resources to help them make energy efficiency improvements. Prada does not report providing its major suppliers with financial incentives for energy efficiency measures, and does not require them to make energy savings as a condition of contract.

Prada does not require suppliers to reduce thermal coal demand in their manufacturing processes.

Prada does not report providing its suppliers with training and resources to help them transition to renewable energy. The company does not report providing financial support or incentives to make the energy transition and does not require suppliers to use renewable energy as a condition of contract.

Prada does not require its suppliers to set GHG emissions reduction targets or set science-based emissions reduction targets, and does not require suppliers to provide facility level data via the Higg Index and annually report GHG emissions.

Prada has not made any commitments to phase out fossil fuel based materials.

Prada has not made a public policy to ban the sourcing of leather from the Amazon Biome or taken measurable steps to ensure that Amazon leather is not contributing to deforestation, and the company does not have processes in place to avoid leather sourced from deforested regions. Prada does not appear to have a general policy against contributing to deforestation through other materials including cellulose-based fabrics.

Low-carbon materials:

Prada has not committed to increasing closed-loop apparel-to-apparel recycling for synthetics and plant-based materials, although it has a Re-Nylon Project designed to use only recycled nylon. Prada has not committed to reduce the impact of its raw materials sourcing by switching to organic cotton or cotton sourced from regenerative agriculture by 2030.

Increasing circularity:

It is not discernible that Prada is acting to increase circularity and address overproduction by policies to improve the repairability, resale, durability and recyclability of its clothes.

Prada does not publicly report its material mix, though it provides a limited breakdown of the overall quantities of different broad material categories, and how it manages its material waste. It does not publicly report its deadstock quantities.

Prada does report its shipping emissions annually, but it does not provide a breakdown of its transportation methods and does not have a target to reduce GHG emissions from transportation.

Prada does not have a policy to avoid aviation and commit to slower shipping methods such as maritime, rail and land. The company does not report having a near-term plan to ship its cargo via cleaner methods. However, it did report a 45.1% drop in its upstream transportation and distribution emissions between 2019 and 2021.

Prada has not committed to transitioning to zero emissions vessels (ZEV) by 2030. The company has not used its voice publicly to advocate for Zero Emission Shipping.

Prada has not committed to transitioning its last mile delivery to zero emission vehicles.

Prada is a Fashion Pact member and has joined the organization’s Collective Virtual Power Purchase Agreement (CVPPA) designed to add renewable energy capacity in Europe, but it is not discernible that Prada engaged in any proactive renewable energy or emissions reduction advocacy within the Scorecard period.

Sources

  • “2020 Social Responsibility Report,” May 25, 2021. https://www.pradagroup.com/content/dam/pradagroup/documents/Responsabilita_sociale/2021/e-2020-Social-Responsibility-Report.pdf.
  • “Energy Efficiency,”, https://www.pradagroup.com/content/pradagroup/en/sustainability/environment-csr/energy-efficiency.html.
  • “Prada CDP,” 2021.
  • “Prada CDP,” 2022.
  • “PRADA Group Code of Ethics,”, https://www.pradagroup.com/content/dam/pradagroup/documents/Responsabilita_sociale/code_of_ethics_en.pdf.
  • “Sustainability Report 2021,” 2022. https://www.pradagroup.com/content/dam/pradagroup/documents/Responsabilita_sociale/2022/e-Sustainability%20Report%202021.pdf.
  • “The Fashion Pact Announces New Initiatives on Climate and Beyond,” December 8, 2022. https://www.voguebusiness.com/sustainability/the-fashion-pact-announces-new-initiatives-on-climate-and-beyond.