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 GHG Emissions Data Preview

In 2023, Tapestry completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Tapestry has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Scope 2
Market-Based
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Location-Based
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Unspecified Calculation Method
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Scope 3
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000

This table provides a simplified preview of selected GHG emissions 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 Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Tapestry amounted to 17,338 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Tapestry decreased by 24.6%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Tapestry's Scope 1 Emissions Over Time

20182019202020212022202302 k4 k6 k8 ktCO2e-11%+26%+200%+87%-16%
  • Total Scope 1
  • Year-over-Year Change

What are Tapestry's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Tapestry were 5,559 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Tapestry reduced its Scope 1 emissions over time?

Since 2018, Tapestry's Scope 1 emissions have increased by 430.38%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Tapestry's Scope 1 emissions decreased by 15.77%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Tapestry's Scope 2 emissions?

In 2023, Tapestry reported Scope 2 greenhouse gas (GHG) emissions of 11,779 tCOâ‚‚e using the market-based method.

Has Tapestry reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Tapestry's Scope 2 emissions (Market-Based) fell by 28.16% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Tapestry use for Scope 2 reporting?

In 2023, Tapestry reported its Scope 2 emissions using the market-based method.

Tapestry's Scope 2 Emissions Over Time

201820192020202120222023015 k30 k45 k60 ktCO2e
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Tapestry's Value Chain Emissions

In 2023, Tapestry reported 693,079 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Tapestry includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Tapestry's Scope 3 Emissions Over Time

2018201920202021202220230200 k400 k600 k800 ktCO2e-4%-47%+1467%+8%-13%
  • Total Scope 3
  • Year-over-Year Change

What are Tapestry's Scope 3 emissions?

In 2023, Tapestry reported total Scope 3 emissions of 693,079 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 96.04% of these emissions originated from upstream activities such as purchased goods and capital goods, while 3.96% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Tapestry reduced its Scope 3 emissions over time?

Since 2018, Tapestry's Scope 3 emissions have increased by 647.33%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Tapestry's Scope 3 emissions decreased by 13.07%, highlighting the company's efforts to lower indirect emissions from its value chain.

What categories of Scope 3 emissions does Tapestry disclose?

In 2023, Tapestry reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Tapestry's Scope 3 emissions?

In 2023, the largest contributors to Tapestry's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 547,532.41 tCOâ‚‚e (78.14%)
  • Upstream Transportation and Distribution (Cat. 4): 41,584.74 tCOâ‚‚e (5.93%)
  • Waste Generated in Operations (Cat. 5): 27,723.16 tCOâ‚‚e (3.96%)

Tapestry's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(5.9%)Purchased Goods andServices (Cat. 1)(78.1%)Waste Generated inOperations (Cat. 5)(4.0%)

Insights into Tapestry's Total Carbon Footprint

In 2023, Tapestry reported a total carbon footprint of 710,417 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 13.39% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Tapestry's total carbon footprint was Scope 3 emissions, accounting for 97.56% of the company's total carbon footprint, followed by Scope 2 emissions at 1.66%.