Tapestry Sustainability Profile
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 88 is higher than 93% 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 656,209,000 kg CO2e. This includes 4,584,000 kg CO2e from Scope 1 emissions, 2,023,000 kg CO2e from Scope 2 emissions, and a significant 649,603,000 kg CO2e from Scope 3 emissions. The company has set ambitious targets to reduce its carbon footprint, committing to a 63.7% reduction in absolute Scope 1 and 2 emissions by FY2030 from a FY2021 baseline, and a 42% reduction in absolute Scope 3 emissions within the same timeframe. Long-term goals include a 90% reduction in both Scope 1 and 2 emissions and Scope 3 emissions by FY2050. Tapestry's climate commitments are aligned with the Science Based Targets initiative (SBTi), which has classified their targets as consistent with limiting global warming to 1.5°C. The company also aims to achieve net-zero emissions across its value chain by FY2050. Notably, Tapestry has pledged to eliminate deforestation linked to its primary commodities by December 31, 2025. The emissions data is sourced directly from Tapestry, Inc., with no cascading from a parent or related organization.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | 0,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000 |
| Scope 2 | - | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000 |
| Scope 3 | 94,632,870 | 00,000,000 | 0,000,000 | 0,000,000,000 | - | - | 0,000,000,000 | 000,000,000 |
How Carbon Intensive is Tapestry's Industry?
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Tapestry's Scope 3 Categories Breakdown
Tapestry's Scope 3 emissions, which decreased by 87% last year and increased by approximately 586% since 2017, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Upstream Transportation & Distribution" being the largest emissions source at 9% of Scope 3 emissions.
Top Scope 3 Categories
Tapestry's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Tapestry has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Tapestry's sustainability data and climate commitments