Revealed
December 19, 2024
Tapestry, the mother or father firm of manufacturers Coach, Kate Spade, and Stuart Weitzman, launched on Wednesday its “Fiscal Year 2024 Corporate Responsibility” report, highlighting vital progress in sustainability, social affect, and group engagement beneath its framework, The Material of Change.
Tapestry releases FY2024 company accountability report. – Coach
Notably, Tapestry achieved an 84% discount in Scope 1 and a couple of greenhouse fuel (GHG) emissions in comparison with its FY2021 baseline, efficiently assembly its science-based targets. This milestone was pushed by investments in renewable vitality throughout the corporate’s operations.
By model, Coach prolonged product life via its Coach (Re)Beloved program, giving over 14,400 gadgets a second life, taking again 6,100 items, and repairing 91,000 gadgets globally in FY2024. The reintroduction of the enduring Soho Bag, crafted from repurposed denim, decreased GHG emissions by as much as 80% and water use by as much as 95%.
Kate Spade offered culturally related, community-led psychological well being sources to over 100,000 girls and ladies worldwide in FY2024, whereas Stuart Weitzman collaborated with Mercado International, a non-profit supporting girls’s empowerment, to create a limited-edition material for its Spring 2024
“We believe investing in our communities, people and sustainability initiatives drives innovation and long-term success and resilience for Tapestry and our portfolio of brands,” stated Joanne Crevoiserat, chief govt officer of Tapestry, Inc.
“I am incredibly proud of the milestones our teams achieved in the last year, and we continue to see opportunities ahead.”
