PRADA

This group ensures the quality of raw materials and processing of its products such that it
protects the health and safety of the employess and consumers. Prada does its business
considering social and environmental terms

SUSTAINABILITY TARGETS

In 2019, the Prada Group formally committed to be sustainable . the Group published its
Sustainability Policy, and shared it through a series of videointerviews that describe the
company’s commitment to sustainability related to: people, environment and culture.

FASHION PACT:

Its main objective is to stop global warming, restoring biodiversity and protecting the oceans.
The Prada Group did not receive any non-monetary penalties or significant fines concerning the
environment during the year.

SUSTAINABLE FINANCE

The Prada Group signed a Sustainability Linked Term Loan with Credit Agricole Group in
November 2019, and became the first Italian company in the luxury sector to undertake such
initiative.

ENVIRONMENT

They reduce land intake and renovate existing structure. It hiresmasters of architects for
sustainable architecture. So that it has less imapact on surroundings. Some of their factories are
designed specially keeping environment in mind. These type of factories are called as “green
factories”.

The factories inlcude wide, bright spaces with hanging gardens. The logistics hub in
Levanella (Tuscany) was designed with border plantings, artificial dunes, roof gardens, glass
walls, walkways, and outdoor relaxation areas. These green areas occupy more than 50% of the
entire surface of the structure. This hub was built with a photovoltaic system, LED lighting, an
energy-saving smart home system, and a geothermal plant.

Prada indulged with minimizing energy consumption to reduce its business on climate
change. The Group carries out energy efficiency actions to cut its energy consumption and uses
green energy to reduce the emissions.

In 2019 improved the energy efficiency by installing a new supervision system that has led
to less methane gas, heating and electricity consumption; it resulted in regular savings of more
than 502.68 tons of CO2 . They also made their staff aware about proper and rational electricity
use.
 In 2017 the Group launched the "Energy Box" project, which is a long-term plan for
factories, offices and stores aimed at minimization energy consumption. The project is based on
the installation of multi-meters that allow for constant monitoring and for understanding
consumption information through accurate comparisons between periods. The data obtained
from these tools enables to reduce waste.

since 2014, all stores operated using exclusively LED lamps. The direct and indirect
energy savings obtained are better compared with the previous technologies used (fluorescent
and halogen lamps). This also led to less waste disposal because LED lamps last much longer.
Theis Group keeps on updating in order maintain technological advances.

ENERGY CONSUMPTION AND CO2 EMISSIONS

FUEL CONSUMPTION
CO2 EMISSIONS

SOURCING AND USE OF RESOURCES

The Prada Group takes responsibility of monitoring the entire process of sourcing from raw
materials to the finished products produced. It considers sustainable raw materials and resource
optimization that put an end to waste and minmize leather and fabric consumption. Prada's
established an effective way to recover and eliminate production waste through the use of
recyclable bags which are then compacted for proper recycling by specialized companies.

The main raw materials used are leathers, fabrics and yarns. 100% of the leathers come with
a certificate of origin, a data sheet guaranteeing quality and compliance with standards, and
certification on parameters stated on the Group's Restricted Substances List (RSL).

In 2019, the Prada Group announced the adoption of a fur-free policy by collaborating with
the Fur Free Alliance (FFA), thus allowing the research and development of new, more
innovative and responsible materials.

The materials Prada uses in the manufacturing process can be broken down into primary
materials such as leathers, fabrics and yarns, or semi-finished products such as soles, heel
zippers, buttons, threads, ribbons, buckles, clasps and name plates.

PRADA RE-NYLON Nylon

The Re-Nylon project, is an important initiative in terms of sustainability, has emerged from a
profound reflection on the growing concern of today's society for environmental protection. The
product ,a series of iconic Prada handbags launched in 2019 , is the result of a partnership
between Prada and Acquafil, which produces nylon with plastic waste collected from oceans,
such as fishing nets, and sent to landfills, such as textile fiber waste and old carpets. The nylon,
which is regenerated through a process of depolymerization and re-polymerization, can be
recycled indefinitely, with no loss of quality.

In 2020 a percentage from the sale of regenerated nylon products will be donated to a project
partnered with UNESCO to develop educational activities for students all over the world on
crucial topics such as the pollution caused by plastic, the circular economy and the protection of
the oceans. National Geographic, Prada’s storytelling partner, has produced a short firm series
entitled "What We Carry". Each of the five short films explores a source of recycled materials
composing the regenerated nylon.

PRODUCT RESPONSIBILITY

Product quality and customer health and safety are central things.The products must meet
uniform quality standards and satisfy all current regulations in more than 70 countries where they
are sold.

To achieve these goals, the Group employs some 310 technicians (308 in 2018, 291 in 2017 and
290 in 2016), each with at least ten years’ experience, who run strict quality controls on every
material used in the production process, from sourcing to the finishing touches. They make
periodic visits to the manufacturing sites of raw material suppliers and subcontractors to assess
their processes, the quality of their goods and the general workplace conditions. Within the scope
of these control and guidance activities, since 2014 the Prada Group has drawn up and updated a
Restricted Substances List ("RSL"), the procedure that sets limits on the presence of chemicals in
its products. In 2016, Prada took the additional step of aligning its RSL limits with the more
stringent, proactive approach following "Guidelines on ecotoxicological requirements for
clothing, leather goods, footwear and accessories created by the " (CNMI) Camera Nazionale
della Moda Italiana. These limits are ethical in international practice and aim to guarante higher
chemical safety standards than the other things prescribed by the strictest national and
international laws.

Prada's suppliers of raw materials, packaging and manufacturing services, which represent
Prada's production chain, have all received the Group's RSL and are progressively accepting and
signing it: since 2016, when 72% of the purchase volumes were carried out according to this
procedure, in 2019 the "proactive" level of the RSL reached 97% of the purchase volumes
relating to Prada’s external industrial suppliers, and 100% of the work performed in the Group’s
production sites. Extending the reach of the RSL is important for improving the sustainability of
the Group's production cycle, as is Prada's ongoing commitment to CNMI programs on
chemicals, for which in-depth studies have been initiated on the application of the guidelines to
manufacturing processes, and on other matters. To ensure that the RSL is being followed, in
addition to requiring certification and testing from every supplier, the Prada Group monitors
observance of the guidelines and the supplier certifications through an additional internal control
process by conducting spot checks on all sourced materials through accredited laboratories.

In 2019 no cases of non-compliance with health and safety regulations were recorded (as none
in 2018). There was only one case of non-compliance with information and labeling
requirements in China that led to fines for a total amount of Euro 1,500.

PACKAGING: PAPER AND PLASTIC

In December 31, 2019 the Prada Group used 4,583 tons of paper for packaging worldwide, while
in 2018 the consumption was 3,960 tons. The increase is temporary and is connected to the
production trend. In 2019, 85% of the total packaging consumption was represented by paper
certified by the Forest Stewardship Council (FSC) and recycled paper.
During 2019, the Group also embarked on a program within the clothing and leather goods
divisions aimed at converting some packaging components made from 100% virgin plastic into
recycled or regenerated plastic.

WASTE

The Group conducted a review of the processes carried out and waste produced in each
manufacturing phase at the factories, and also managed and controlled the intrinsic tranportation
of waste, collected it and stored temporarily and disposed later. The analysis helped in
optimization of the production cycles, reducing waste production and increasing the proportion
of waste recycled. The new procedures implemented allowed the Prada Group to recycle more
paper, plastic, glass and printer cartridges in both factories and offices.

The Prada Group places great emphasis on encouraging its staff to use industrial waste collection
methods and standards that can ensure waste reuse and recycling or disposal according to the
best practices.

Prada group also initiated a plan , “Attitude Ocean”,commencing with the America’s Cup World
series events:

• no single-use plastics in favor of recyclable or compostable materials, waste reduction, creation

of restaurants areas, with reusable supplies or 100% compostable solutions, which should prefer
the use of local food supplies;

• definition of rigorous procedures for the optimization of energy demand, waste disposal and
for the integration of sustainability also in the technical aspects related to competition (e.g. non-
toxic detergent for washing the boats, re-purposing plans for materials used during the event,
etc.).
 EILEEN FISHER

Fisher, is one of the few high-end designers that committed towards environmentally-
conscious manufacturing practices years before it became a trendy cause. According to the
brand’s 2009 “Green Eileen” eco-friendly initiative, they brand began accept previously worn
Eileen Fisher clothing of the brand then clean or repair in order to resell at a discounted price.

This company has over 1100 individuals that leads with purpose who are guided by their
long-standing commitments to the environment, human rights, and women & girls, they build
their brand every day, decision by decision. Eileen fisher committed to design clothing that
creates minimal environmental and social harm.

The company aim to use sustainable materials in 100% of our products. Eileen fisher is
heavily depedent on natural fibers, their goal is to source the raw materials from the farmers who
use organic and regenerative practices which help to restore ecosystems and increase biodiversity
and resiliency. Eileen fisher measure the key impacts of fiber production and textile wet
processing and follow a strict process to verify sustainability claims, Using our Materials
Ranking Tool (MRT),

Material is the greatest area of environmental impact. They use a Material Ranking Tool (MRT)
that measures the key eco impacts of fiber and chemistry, confirmed through external
certification or verification. The MRT grew out of VISION2020, as their sustainability strategy,
through which they set a series of bold goals around fiber, chemistry, resources and conscious
business practices.

95% of the cotton used is recycled or organic fiber. 94 % of the linen was organic. 33% of the
wood-based fiber was made with Tencel lyocell (goal is to replace all viscose with Tencel
lyocell).

In 2017,they used the bluesign bluefinder tool to screen the dyes at 12 of their dyehouses,
representing 52% of our 2017 volume. Eileen fisher’s dyeing and finishing processes represent
40% of the MRT score.

In 7 dyehouses, they engaged third-party auditors to conduct comprehensive chemical and

environmental assessments. When the results did not meet their Chemical Management
Guidelines, a set of standards they send to all their suppliers,they worked with those suppliers to
create a safer chemistry plan.

Carbon
they are working to set science-based carbon targets to keep global warming below 2°C.By
tracking emissions and reduce impact in two ways:

 100% of their corporate and retail electricity consumption supports wind power through
the purchase of Renewable Energy Credits.
 100% of our inbound shipping emissions are offset through a landfill gas and working to
build longer lead times that allow for sea shipping.

In the US, 85% of clothing ends up in landfills. The fashion industry, one of the most
polluting area, creates 1.2 billion tons of greenhouse gas emissions a year. They take the full
responsibility of their products after the customer finishes his or her needs. They retain the
beauty and inherent value of the materials through a circular approach.

EILEEN FISHER Renew is what happens to the clothing after it leaves the customer’s
hands. In 2009, they invited their customers to bring back their used EILEEN FISHER clothes.
Since then they have received about 950,000 garments. Ultimately they redesigned and
remanufactured those that cannot be restored.

Renewed includes the resale of garments in good condition, as well as design solutions like
visible mending of holes and tears, and overdyeing , stains.

• they took back 200,000 garments, and renewed 90,000 thousand garments.

• they rebranded the initiative, formerly GREEN EILEEN, as EILEEN FISHER Renew.

• they launched eileenfisherrenew.com as a dedicated site to resell clothes from take-back

program.

They try to reduce the use of virgin materials. they found more ways to explore recycled
polyester, recycled nylon, recycled cotton and recycled cashmere.

• Closed loop practices. A collaborative team comprised of main line and Renew designers is
working to eliminate the waste by collaborating with the manufacturing partners to create
garments made from pre- and post-consumer waste.

Here are two success stories:

1 A hemp organic cotton yarn made from cutting room scraps, some of which were waste from
thier garments.
2 Silk yarn that is spun in Europe from garments collected through take-back program.

they believe in conducting business in ways that empower women and girls, support the fair
treatment of all people and preserve the environment.

They opened the Tiny Factory, first wholly owned and operated factory, where a team of
sewers uses fabric from the clothes taken back to create new Resewn designs.

The Tiny Factory also houses an artist-run business called DesignWork. Damaged
garments and scraps from Resewn operation are fed into a felting machine to make beautifully
colored, one-of-a-kind fabric for clothes, pillows and wall art. This is in the early prototype
stage.

SUBMITTED BY

K LAVANYA

MFT/19/54