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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 in the leather and leather products industry, reported its estimated total carbon emissions for 2025 at approximately 823.1 million kg CO2e. This figure includes about 4.3 million kg CO2e from Scope 1 emissions, 65,000 kg CO2e from Scope 2 emissions, and approximately 814.5 million kg CO2e from Scope 3 emissions.
Looking back, Tapestry's total emissions in 2024 were approximately 656.2 million kg CO2e, comprising about 4.6 million kg CO2e from Scope 1, 2.0 million kg CO2e from market-based Scope 2, and 649.6 million kg CO2e from Scope 3. In 2023, the company reported approximately 693.1 million kg CO2e for Scope 3 emissions and about 17.3 million kg CO2e for Scope 1 and 2 combined. For 2022, Scope 3 emissions were approximately 797.2 million kg CO2e, with Scope 1 and 2 combined at about 23.0 million kg CO2e. In 2021, Scope 3 emissions stood at approximately 738.8 million kg CO2e, and combined Scope 1 and 2 emissions were about 40.8 million kg CO2e.
Tapestry has set ambitious climate commitments, with Science Based Targets initiative (SBTi) validated targets. The company aims to achieve net-zero greenhouse gas emissions across its entire value chain by FY2050. As part of its near-term goals, Tapestry commits to reducing absolute Scope 1 and 2 GHG emissions by 75.59% by FY2030 from a FY2022 base year. Concurrently, it targets a 42.0% reduction in absolute Scope 3 GHG emissions within the same timeframe. For long-term reduction, the company aims for a 90.0% absolute reduction in Scope 1, Scope 2, and Scope 3 GHG emissions by FY2050, also from a FY2022 base year. Tapestry also commits to no deforestation across its primary deforestation-linked commodities by December 31, 2025.
2050
90% reduction in scope 3 total
Tapestry, Inc. also commits to reduce absolute scope 3 GHG emissions 90.0% within the same timeframe.
2030
42% reduction in scope 3 total
Tapestry, Inc. commits to reduce absolute scope 3 GHG emissions 42.0% within the same timeframe.
2050
Tapestry, Inc
Tapestry, Inc. commits to achieve net-zero greenhouse gas emissions across the value chain by FY2050.
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Common questions about Tapestry’s sustainability data and climate commitments
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