Tapestry

Tapestry's commitment to climate action is underpinned by ambitious emissions reduction targets and detailed reporting. For the fiscal year 2025, the company reported total global emissions of approximately 820 million kg CO2e. This figure is composed of Scope 1 emissions amounting to approximately 4.3 million kg CO2e, Scope 2 emissions of approximately 65,000 kg CO2e, and a significant portion from Scope 3 emissions totalling about 814 million kg CO2e.

In fiscal year 2024, Tapestry's total global emissions were approximately 656 million kg CO2e. This included Scope 1 emissions of around 4.6 million kg CO2e, Scope 2 emissions of approximately 2.0 million kg CO2e, and Scope 3 emissions at approximately 650 million kg CO2e. Prior years also show substantial Scope 3 emissions, with figures around 693 million kg CO2e in FY2023 and 797 million kg CO2e in FY2022.

Tapestry is committed to achieving net-zero greenhouse gas emissions across its value chain by 2050. This long-term goal is supported by near-term targets, including a commitment to reduce absolute Scope 1 and 2 GHG emissions by 63.7% by FY2030 from a FY2021 base year, and a 42% reduction in absolute Scope 3 GHG emissions within the same timeframe. More recent data indicates a commitment to reduce absolute Scope 1 and 2 GHG emissions by 75.59% by FY2030 from a FY2022 base year, with a 42% reduction in absolute Scope 3 GHG emissions in the same period. Furthermore, there are specific long-term targets to reduce absolute Scope 1 and 2 GHG emissions by 90% by FY2050 from a FY2021 base year, and a corresponding 90% reduction in absolute Scope 3 GHG emissions.