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 76 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Tapestry's reported carbon emissions
In 2023, Tapestry, Inc. reported total carbon emissions of approximately 557,848,000 kg CO2e, with emissions distributed across various scopes: 17,338,000 kg CO2e from Scope 1, 2,023,000 kg CO2e from Scope 2, and 557,848,000 kg CO2e from Scope 3. This reflects a commitment to reducing its carbon footprint significantly. Tapestry has set ambitious near-term targets, aiming for a 63.7% reduction in absolute Scope 1 and 2 greenhouse gas emissions by FY2030, using FY2021 as the baseline. Additionally, the company plans to reduce absolute Scope 3 emissions by 42% within the same timeframe. For Scope 3 emissions specifically related to forests, land use, and agriculture (FLAG), Tapestry targets a 30.3% reduction by FY2030. Long-term commitments include achieving net-zero greenhouse gas emissions across all scopes by FY2050. Tapestry aims for a 90% reduction in absolute Scope 1 and 2 emissions and a 90% reduction in Scope 3 emissions by the same year. Furthermore, the company has pledged to eliminate deforestation linked to its primary commodities by December 31, 2025. These initiatives align with Tapestry's broader sustainability goals and reflect its commitment to addressing climate change within the textiles, apparel, footwear, and luxury goods sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | 0,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 2 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 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.
