In line with the GRI Standards and the HKSE ESG Reporting Guide, organisations preparing a Sustainability Report are required to define the content on which to base their reporting after identifying material issues through a materiality analysis that has been updated according to the requirements of the new GRI Standards 2021. 

In fact, the Prada Group has aligned its new materiality analysis to the new Standards in order to identify the topics that represent its most significant impacts on the economy, the environment and people, including impacts on human rights. 

The list of material issues was identified by assessing the actual and potential impacts, negative and positive, and evaluating their significance considering the entire Prada Group's value chain, thus including not only the Group's operations but also its upstream and downstream activities.