Milan 18 November 2021 - Prada Group today hosts a Capital Markets Day on its strategy for longterm growth and on the actions it has taken to navigate the evolving luxury market.
2021 Third Quarter Trading update
Medium-term financial targets
Unveiling an ambitious climate strategy and the proposed appointment of two Environmental, Social and Governance experts to the Board of Prada S.p.A to further ESG strategy and Practices
The Prada Group announces an ambitious road to a Net-zero Climate strategy and the selection of two experienced professionals in ESG, to join the Board of Directors of Prada S.p.A., which will be closer to gender equality. The two Board Members will advance the Group’s ESG (Environmental, Social and Governance) strategy and practices and they will also be part of a new ESG Board Committee alongside Lorenzo Bertelli, Head of Corporate Social Responsibility.
In alphabetical order:
- Pamela Culpepper: Founding Member of Have Her Back Consulting firm
- Anna Maria Rugarli: Corporate Sustainability Vice President of Japan Tobacco International
Patrizio Bertelli, Chief Executive Officer of Prada S.p.A., commented:
“The Prada Group has a thoughtful and pioneering vision of fashion. At a time of significant cultural and societal change, luxury needs to continue evolving coherently with the market. Our dialogues and fluid perspectives continually reinterpret luxury. By being relevant, sustainable and impactful, we will drive long-term growth.”