Distinguished luxury fashion label 'Prada', is 'stepping up its sustainability game' according to Vogue. In June 2019, Prada launched its Re-Nylon range using Econyl, an upcycled nylon material predominantly made from fishing nets and carpets, and has since announced its goal to only use recycled nylon after 2021. At the G7 summit in August 2019, Prada joined 31 other brands in signing the Fashion Pact, which aims to eliminate greenhouse gas emissions by 2050, reduce single-use plastics by 2030 and support innovation to destroy micro-fibre pollution. In November, Prada became the first luxury brand to sign a sustainability-linked loan. As such, Prada will financially 'lose out' if it fails to meet the sustainability goals is set out to achieve. In recent years, the brand has also invested in sustainable energy initiatives, as well as unveiling three new garden factories in Italy, designed by Guido Canali.