Prada inks €50m deal for sustainability-linked loan in fashion industry first

BusinessGreen staff
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The loan is aimed at incentivising Prada to meet sustainability targets | Credit: Prada
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The loan is aimed at incentivising Prada to meet sustainability targets | Credit: Prada

Italian designer brand agrees deal with Crédit Agricole for a loan with interest rates dependent on lighting efficiency and greener materials goals

Prada has inked a €50m deal with Crédit Agricole Group for a sustainability-linked loan aimed at pushing the designer fashion label towards meeting environmental targets covering energy efficiency and...

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