Prada SpA

Common Name
Prada
Country
Italy
Sector
Consumer Cyclical
Industry
Luxury Goods
Employees
15,216
Ticker
1913
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
Prada S.p.A. is a luxury fashion group globally recognized for its distinguished design and distinct Italian craftsmanship. Established in 1913, Prada specializes in producing high-end fashion goods t...

Prada's GHG Emissions Data Preview

In 2023, 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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Prada's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Prada amounted to 36,720 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Prada decreased by 0.54%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Prada's Scope 1 Emissions Over Time

20212022202302 k4 k6 k8 ktCO2e-3%-9%
  • Total Scope 1
  • Year-over-Year Change

What are Prada's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Prada were 6,809 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Prada reduced its Scope 1 emissions over time?

Since 2021, Prada's Scope 1 emissions have decreased by 12.07%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Prada's Scope 1 emissions decreased by 8.91%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Prada's Scope 2 emissions?

In 2023, Prada reported Scope 2 greenhouse gas (GHG) emissions of 4,769 tCOâ‚‚e using the market-based method, and 29,911 tCOâ‚‚e using the location-based method.

Has Prada reduced its Scope 2 emissions over time?

Since 2021, Prada's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 12.14%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Prada's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Prada 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Prada use for Scope 2 reporting?

In 2023, Prada reported its Scope 2 emissions using the market-based method and using the location-based method.

Prada's Scope 2 Emissions Over Time

20212022202309 k18 k27 k36 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Prada's Value Chain Emissions

In 2023, Prada reported 294,970 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 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 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Prada's Scope 3 Emissions Over Time

202120222023080 k160 k240 k320 ktCO2e+9%-5%
  • Total Scope 3
  • Year-over-Year Change

What are Prada's Scope 3 emissions?

In 2023, Prada reported total Scope 3 emissions of 294,970 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 99.57% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.43% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Prada reduced its Scope 3 emissions over time?

Since 2021, Prada's Scope 3 emissions have remained relatively stable, indicating that Prada 's emissions have plateaued with no significant change in its value chain footprint.

Compared to the previous year (2022), Prada's Scope 3 emissions remained relatively stable, indicating that Prada 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Prada disclose?

In 2023, Prada reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Prada's Scope 3 emissions?

In 2023, the largest contributors to Prada's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 195,436 tCOâ‚‚e (66.26%)
  • Upstream Transportation and Distribution (Cat. 4): 61,205 tCOâ‚‚e (20.75%)
  • Upstream Leased Assets (Cat. 8): 15,510 tCOâ‚‚e (5.26%)

Prada's Scope 3 Emissions by Categories

Upstream LeasedAssets (Cat. 8)(5.3%)UpstreamTransportation andDistribution(Cat. 4)(20.7%)Purchased Goods andServices (Cat. 1)(66.3%)

Insights into Prada's Total Carbon Footprint

In 2023, Prada reported a total carbon footprint of 331,690 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.47% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Prada's total carbon footprint was Scope 3 emissions, accounting for 88.93% of the company's total carbon footprint, followed by Scope 2 emissions at 9.02%.