PRADA GROUP MAKING OF
Prada Re-Edition 1995
In conducting its business, the Prada Group interacts with many stakeholders, all of whom can influence or be influenced, directly or indirectly, by the achievement of business objectives.
The materiality analysis, consistent with the business strategy and constantly updated, is a functional tool to identify the most relevant sustainability aspects, not only for the Company, but also for all its main stakeholders, who can either affect or be affected by the Prada Group's ability to create shared value in the short, medium and long-term.
In terms of sustainability reporting, the topics deemed as material are those that have a significant impact on the ESG performance of the Company or that may substantially influence stakeholders’ perceptions and decisions.
The Prada Group drew up its analysis in accordance with the GRI (Global Reporting Initiative) Sustainability Reporting Standards and in line with the "ESG Reporting Guide" of the Hong Kong Stock Exchange.
The most significant aspect proved to be product creativity and excellence, elements that accompany Prada Group’s activity along the entire value chain.
Other material topics identified were aspects related to climate action - reflecting the Group’s increased commitment towards environmental protection, the improvement of environmental and social standards along the supply chain, diversity and equal opportunity and occupational health and safety.