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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 PeopleOur Planet and Our Communities.

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Our 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 People
Our Planet

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.

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Our 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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Our Communities

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

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

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

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.

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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.

Climate Change

“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

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