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Car Shoe Sustainability Actions

First sustainability report

In 2013, before any mandatory requirement, the Prada Group publishes its first Sustainability Report. In 2015, the document was drawn up in compliance with the GRI (Global Reporting Initiative) Sustainability Reporting Standards.

Climate strategy and footprint

In 2020, Prada Group measures its Carbon Footprint for the first time. In November 2021, during the Capital Markets Day, the Company presented its Climate Strategy and two emission reduction targets for its Scope 1, 2 and 3 GHG emissions approved by the Science-Based Targets Initiative (SBTi).

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Fur-free and animal welfare

In 2019, the Company announces a Fur-Free Policy for all its brands, starting from the Spring/Summer 2020 Women’s collections. In 2024, the Group also adopted an Animal Welfare Policy, a set of guidelines for the sustainable sourcing of animal-based raw materials.

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Diversity and inclusion

In 2019, the Prada Group establishes the Diversity and Inclusion Advisory Council, helping to bring more voices into the Group’s processes, projects and products. In 2020, the company appoints a Chief DEI Officer for The Americas and, starting from 2021, engages in promotion and training programs for talents, with the goal of increasing diversity representation.

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Fashion Pact signatory

In 2019, Prada Group signs the Fashion Pact among its first signatories, to pursue concrete objectives in terms of climate, biodiversity, and ocean.

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ESG-linked financing

Prada S.p.A is one of the first companies in the luxury industry to enter into a series of sustainability-linked loans. To date, the Group has signed agreements with Crédit Agricole for 2019, Mizuho for 2020 and UniCredit for 2021. In 2024, the Group signed a Revolving Credit Facility linked to ambitious sustainability targets related to the reduction of Scope 1, 2 and 3 GHG emissions, and the promotion of women in top and senior management positions.

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Forestami partnership

In 2022, the Prada Group supports the award-winning urban forestation project Forestami, which plans to plant 3 million trees in and around Milan by 2030.

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Prada Re-Nylon launch

In 2019 the Group presents the first capsule collection of Prada Re-Nylon bags for Men and Women, made with regenerated nylon by recycling plastics collected worldwide from landfills, textile fiber waste and the ocean.

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SEA BEYOND support

As of July 2023, 1% of the proceeds from the Prada Re-Nylon for SEA BEYOND Collection benefit SEA BEYOND, the project by Prada Group conducted in partnership with the Intergovernmental Oceanographic Commission (IOC) of UNESCO.

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