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Tapestry Inc., commonly referred to as Tapestry, is a prominent American luxury fashion company headquartered in the United States. Specialising in leather and leather products, the company operates across major regions, including North America, Europe, and Asia, delivering high-quality accessories and handbags. Founded in 2017 through the merger of Coach, Kate Spade, and Stuart Weitzman, Tapestry has quickly established itself as a leader in the premium accessories industry.
The company's core offerings include handbags, wallets, and other leather goods, distinguished by craftsmanship and innovative design. Tapestry’s market position is reinforced by its strong brand portfolio and global reach, making it a notable player in the luxury leather products sector. Its commitment to quality and style continues to drive its growth and reputation worldwide.
+61 vs industry average
Tapestry’s score of 82 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Leather Products has above-average carbon intensity
The Leather Products industry has reduced its overall emissions by 13% since 2018
Scope 3 accounts for ••• of total emissions.
Tapestry, a US-based company operating in the Leather and leather products (19) industry, has reported its carbon emissions for several years. For the fiscal year 2025, Tapestry's total greenhouse gas (GHG) emissions were approximately 828.9 million kg CO2e. This figure is comprised of Scope 1 emissions totalling about 4.3 million kg CO2e, Scope 2 emissions of approximately 65,000 kg CO2e, and substantial Scope 3 emissions amounting to roughly 814.5 million kg CO2e.
In fiscal year 2024, the company's total emissions were approximately 656.2 million kg CO2e. This included Scope 1 emissions of about 4.6 million kg CO2e and Scope 2 emissions of approximately 2.0 million kg CO2e. Scope 3 emissions for fiscal year 2024 were reported as approximately 649.6 million kg CO2e.
Tapestry has established significant climate commitments. The company aims to achieve net-zero GHG emissions across its value chain by 2050. To support this long-term goal, Tapestry has set near-term targets: reducing absolute Scope 1 and 2 GHG emissions by 63.7% and Scope 3 emissions by 42% by fiscal year 2030, using a fiscal year 2021 base year. Furthermore, Tapestry has committed to reducing absolute Scope 3 FLAG (Forest, Land, and Agriculture) emissions by 30.3% by fiscal year 2030 from a fiscal year 2021 base year.
Additional targets set by Tapestry, Inc. include reducing absolute Scope 1 and 2 GHG emissions by 90% by fiscal year 2050 from a fiscal year 2021 base year, and reducing absolute Scope 3 GHG emissions by 90% within the same timeframe. They also commit to reducing absolute Scope 3 FLAG GHG emissions by 72% by fiscal year 2050 from a fiscal year 2021 base year. More recently, updated targets specify a commitment to reduce absolute Scope 1 and 2 GHG emissions by 75.59% by fiscal year 2030 from a fiscal year 2022 base year, and a reduction of absolute Scope 3 GHG emissions by 42.0% within the same timeframe. Long-term, they aim to reduce absolute Scope 1 and 2 GHG emissions by 90.0% and Scope 3 GHG emissions by 90.0% by fiscal year 2050, also from a fiscal year 2022 base year.
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2050
90% reduction in scope 3 total
Tapestry, Inc. also commits to reduce absolute scope 3 GHG emissions 90.0% within the same timeframe.
2050
Tapestry, Inc
Tapestry, Inc. commits to achieve net-zero greenhouse gas emissions across the value chain by FY2050.
2050
90% reduction in Scope 1
Tapestry, Inc. commits to reduce absolute scope 1 GHG emissions 90.0% by FY2050 from a FY2022 base year.
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Common questions about Tapestry’s sustainability data and climate commitments
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