Tapestry
Tapestry, Inc., headquartered in the United States, is a prominent player in the luxury fashion industry, renowned for its portfolio of high-end brands, including Coach, Kate Spade, and Stuart Weitzman. Founded in 1941, Tapestry has evolved significantly, marking key milestones such as its rebranding in 2017 to reflect its diverse offerings and global reach. The company operates primarily in North America, Europe, and Asia, focusing on the design, marketing, and distribution of premium accessories, footwear, and apparel. Tapestry's core products are distinguished by their craftsmanship and innovative designs, appealing to a discerning clientele. With a strong market position, Tapestry has achieved notable recognition for its commitment to sustainability and inclusivity, solidifying its status as a leader in the luxury sector.
DitchCarbon Score
How does Tapestry's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Apparel Production industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Tapestry's score of 67 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tapestry's reported carbon emissions
In 2024, Tapestry, Inc. reported total greenhouse gas emissions of approximately 654,000,000 kg CO2e, comprising 4,584,000 kg CO2e from Scope 1, 2,023,000 kg CO2e from Scope 2, and a significant 649,603,000 kg CO2e from Scope 3 emissions. This represents a notable increase in Scope 3 emissions compared to 2023, where total emissions were about 558,000,000 kg CO2e, with Scope 1 and 2 emissions at approximately 17,338,000 kg CO2e. Tapestry has set ambitious climate commitments, aiming to achieve net-zero greenhouse gas emissions across its entire value chain by 2050. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 63.7% and Scope 3 emissions by 42% by FY2030, using FY2021 as the baseline year. Additionally, Tapestry is committed to reducing Scope 3 emissions related to forest, land, and agriculture (FLAG) by 30.3% by FY2030, with a no-deforestation pledge for key commodities by December 31, 2025. Long-term goals include a 90% reduction in absolute Scope 1, 2, and 3 emissions by 2050, with specific targets for FLAG emissions set at a 72% reduction. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect Tapestry's commitment to sustainable practices within the textiles, apparel, footwear, and luxury goods sector.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | 0,000,000 | 000,000 | 00,000,000 | - | - | - | 0,000,000 |
| Scope 2 | - | 00,000,000 | 00,000,000 | 00,000,000 | - | - | - | 0,000,000 |
| Scope 3 | - | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Tapestry is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
