A VISION FOR A BETTER MADE FUTURE
The Fabric of Change
WE ARE ON A JOURNEY TO CREATE A VALUES-DRIVEN, PEOPLE-CENTERED COMPANY TO HELP US ACHIEVE A BETTER-MADE FUTURE.
Tapestry believes that to make progress toward a more sustainable, equitable and inclusive world, we must be a catalyst for change. The Fabric of Change strategy looks to do just this, focusing on what this means for Our People, Our Planet and Our Communities.
READ OUR CR REPORTOur People
Our people come first. Tapestry employees are the cornerstone of our success, and their varied experiences enrich Tapestry as a whole. We are stronger as a company when we lift each other up and empower individuals, personally and professionally.
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Our Planet
Real change requires bold action. Our journey to lasting, sustainable change includes deep analysis of all of our environmental impacts — emissions, water use and waste to landfill, as well as renewable energy adoption across our operations and a more resilient supply chain.
LEARN MOREOur Communities
As a purpose-led organization, we live our values by supporting the communities where we live, work and make our products. We believe in the unlimited potential of our house of brands standing together.
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2025 GOALS AND BEYOND
Established in 2019, our 2025 corporate responsibility goals set targets aligned to Our Social Fabric strategy. We’ve evolved this strategy into the Fabric of Change , which better reflects our accelerated ambitions and desire to make every beautiful choice a responsible choice.
EXPANDING DIVERSITY IN OUR LEADERSHIP TEAMS
REDUCING OUR ENVIRONMENTAL FOOTPRINT
INCREASING OUR CONTRIBUTIONS TO NON-PROFITS GLOBALLY
We take diversity at Tapestry seriously. We continue to foster a culture of diversity and develop a diverse pipeline for our leadership roles. Tapestry has aligned 10% of our leadership’s annual incentive compensation with progress against EI&D scorecard measures.
We are working towards our goal of procuring 100% renewable electricity in our stores, offices and fulfillment centers by 2025. We submitted new greenhouse gas (GHG) emissions targets to the Science-Based Targets initiative (SBTi), to reduce absolute Scope 1, 2 & 3 GHG emissions by 42.5% below FY2021 levels by FY2030.
In FY2022, we have contributed over $40 million to our communities. This year, we met our 2025 goal of serving 100,000 volunteer hours and we are increasing this commitment to 500,000 hours by 2030.
EXPANDING DIVERSITY IN OUR LEADERSHIP TEAMS
We take diversity at Tapestry seriously. We continue to foster a culture of diversity and develop a diverse pipeline for our leadership roles. Tapestry has aligned 10% of our leadership’s annual incentive compensation with progress against EI&D scorecard measures.
REDUCING OUR ENVIRONMENTAL FOOTPRINT
We are working towards our goal of procuring 100% renewable electricity in our stores, offices and fulfillment centers by 2025. We submitted new greenhouse gas (GHG) emissions targets to the Science-Based Targets initiative (SBTi), to reduce absolute Scope 1, 2 & 3 GHG emissions by 42.5% below FY2021 levels by FY2030.
INCREASING OUR CONTRIBUTIONS TO NON-PROFITS GLOBALLY
In FY2022, we have contributed over $40 million to our communities. This year, we met our 2025 goal of serving 100,000 volunteer hours and we are increasing this commitment to 500,000 hours by 2030.
“By taking action today, we aim to strengthen the future of our business and, more importantly, protect the wellbeing of our planet, our people and our communities.” – Joanne C. Crevoiserat, CEO
