Sustainable Brand Benchmark - Tapestry

Tapestry Inc is a global leader in the luxury fashion industry, with a portfolio of iconic brands that cater to different tastes and lifestyles. The company was founded in 1941 as Coach, a leather goods manufacturer, and has since expanded its offerings to include handbags, footwear, jewelry, apparel, fragrance, and more. Tapestry operates over 1,500 stores worldwide, as well as online platforms, for its four brands: Coach, Kate Spade, Stuart Weitzman, and Tapestry.

Tapestry is committed to creating a more sustainable, equitable, and inclusive world, through its Fabric of Change strategy. The strategy focuses on three pillars: Our People, Our Planet, and Our Communities. Tapestry aims to empower its employees, reduce its environmental footprint, and support the causes that matter to its customers and stakeholders. Some of the company's achievements and goals in this area include:

• Expanding diversity in its leadership teams and aligning 10% of its leadership's annual incentive compensation with progress against EI&D scorecard measures¹.
• Procuring 100% renewable electricity in its stores, offices, and fulfillment centers by 2025¹ and reducing its greenhouse gas emissions by 42.5% by 2030².
• Contributing over $40 million to its communities in FY2022 and increasing its volunteer service hours to 500,000 by 2030¹.

Tapestry is also a pioneer in innovation and creativity, constantly exploring new ways to delight its customers and enhance its products. The company leverages data and technology to personalize its offerings, optimize its operations, and drive growth. Tapestry also collaborates with various partners, such as artists, celebrities, and influencers, to create unique and engaging experiences for its customers.

Tapestry is a company that celebrates the joy of individual expression and the power of collective impact. By combining its heritage, craftsmanship, and vision, Tapestry aims to shape the future of luxury fashion and make a positive difference in the world.