Tapestry Inc

Common Name
Tapestry
Country
United States
Sector
Consumer Cyclical
Industry
Luxury Goods
Employees
12,500
Ticker
TPR
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Tapestry Inc., a prominent holding company in the fashion industry, manages luxury brands known for their upscale accessories, footwear, and apparel. Its portfolio includes celebrated names such as Co...

Tapestry's Climate Target Data Preview

As of 2023, Tapestry has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Tapestry ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target*
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Tapestry's Greenhouse Gas Emissions Pathways

As of 2023, Tapestry has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does Tapestry have a target to reduce the emissions from its operations?

As of 2023, Tapestry has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Tapestry's most ambitious operational target is to reduce these emissions by 64% by 2030, compared to a baseline of 40,768 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.

As of 2023, Tapestry is ahead of schedule on its operational emissions reduction target, having achieved 89.8% of the planned reduction.

Tapestry's Operational (Scope 1+2) Emissions Pathway

202120232030015 k30 k45 k60 kBaselineCurrent (-57%)

Does Tapestry have a target to reduce the emissions from its value chain?

As of 2023, Tapestry has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

Tapestry's most ambitious value chain target is to reduce these emissions by 42% by 2030, compared to a baseline of 560,833 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.

As of 2023, Tapestry is lagging behind on its value chain emissions reduction target, having achieved 1.26% of the planned reduction.

Tapestry's Value Chain (Scope 3) Emissions Pathway

2021202320300150 k300 k450 k600 kCurrent (-1%)Target 2030 (-42%)
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