In 2024, Prada completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Prada has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 5,704a | 6,809a | 7,475a | |
Total Scope 2 | ||||
Market-Based | 4,522a | 4,769a | 10,905a | |
Location-Based | 25,863a | 29,911a | 29,445a | |
Total Scope 3 | 293,018a | 294,970a | 310,275a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 1.0092a | 1.3016a | 1.6692a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Prada amounted to 31,567 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Prada decreased by 14.03%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Prada were 5,704 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Prada's Scope 1 emissions have decreased by 31.71%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Prada's Scope 1 emissions decreased by 16.23%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Prada reported Scope 2 greenhouse gas (GHG) emissions of 4,522 tCO₂e using the market-based method and 25,863 tCO₂e using the location-based method.a
Since 2019, Prada's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 33.3%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Prada's Scope 2 emissions (Location-Based) fell by 13.53% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2024, Prada reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Prada reported 293,018 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Prada includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, Prada reported total Scope 3 emissions of 293,018 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 99.56% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.44% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Prada's Scope 3 emissions have decreased by 30.03%, reflecting a declining long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), Prada's Scope 3 emissions remained relatively stable, indicating that Prada's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, Prada reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to Prada's Scope 3 emissions were:a
In 2024, Prada reported Scope 1 greenhouse gas (GHG) emissions of 5,704 tCO₂e and total revenues of USD 5,652 millions. This translates into an emissions intensity of 1.01 tCO₂e per millions USD.a
In 2024, Prada reported a Scope 1 emissions intensity of 1.01 tCO₂e per millions USD. Compared to the peer group median of 0.93, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Prada ranked 15 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Prada is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Prada reported a total carbon footprint of 324,585 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.14% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Prada's total carbon footprint was Scope 3 emissions, accounting for 90.27% of the company's total carbon footprint, followed by Scope 2 emissions at 7.97%.a