Tapestry, Inc. Releases FY2024 Corporate Responsibility Report
Tapestry, Inc. (NYSE: TPR), which includes brands like Coach, Kate Spade, and Stuart Weitzman, has released its FY2024 Corporate Responsibility (CR) report. The report showcases the company's achievements in sustainability, social impact, and community building. Key highlights include an 84% reduction in Scope 1 and 2 GHG emissions from the FY2021 baseline, driven by investments in renewable energy. Additionally, Coach reissued its Soho Bag using repurposed denim, which reduces GHG emissions by up to 80% and water use by up to 95% compared to conventional denim. Employees volunteered over 65,000 hours globally, contributing to a target of 500,000 volunteer hours by 2030. Tapestry also received over 10 international awards for being a top employer. The full report is available on Tapestry.com.
Tapestry, Inc. (NYSE: TPR), che comprende marchi come Coach, Kate Spade e Stuart Weitzman, ha pubblicato il suo rapporto di Responsabilità Aziendale (CR) FY2024. Il rapporto evidenzia i risultati dell'azienda in sostenibilità, impatto sociale e costruzione della comunità. I punti salienti includono una riduzione dell'84% delle emissioni di gas serra (GHG) Scope 1 e 2 rispetto al parametro di riferimento del FY2021, grazie agli investimenti in energie rinnovabili. Inoltre, Coach ha ripubblicato la sua Soho Bag utilizzando denim riutilizzato, che riduce le emissioni di GHG fino all'80% e il consumo d'acqua fino al 95% rispetto al denim convenzionale. I dipendenti hanno offerto oltre 65.000 ore di volontariato a livello globale, contribuendo a un obiettivo di 500.000 ore di volontariato entro il 2030. Tapestry ha anche ricevuto oltre 10 premi internazionali per essere un datore di lavoro di primo piano. Il rapporto completo è disponibile su Tapestry.com.
Tapestry, Inc. (NYSE: TPR), que incluye marcas como Coach, Kate Spade y Stuart Weitzman, ha publicado su informe de Responsabilidad Corporativa (CR) FY2024. El informe muestra los logros de la empresa en sostenibilidad, impacto social y construcción de comunidades. Los aspectos destacados incluyen una reducción del 84% en las emisiones de GHG Scope 1 y 2 respecto a la línea base del FY2021, impulsada por inversiones en energía renovable. Además, Coach reeditó su Soho Bag utilizando denim reutilizado, que reduce las emisiones de GHG hasta en un 80% y el uso de agua hasta en un 95% en comparación con el denim convencional. Los empleados se ofrecieron como voluntarios durante más de 65,000 horas a nivel global, contribuyendo a un objetivo de 500,000 horas de voluntariado para 2030. Tapestry también recibió más de 10 premios internacionales por ser un excelente empleador. El informe completo está disponible en Tapestry.com.
Tapestry, Inc. (NYSE: TPR), 코치, 케이트 스페이드, 스튜어트 와이츠먼과 같은 브랜드를 포함하는 이 회사는 FY2024 기업 책임(CR) 보고서를 발표했습니다. 이 보고서는 지속 가능성, 사회적 영향 및 지역 사회 구축에서 회사의 성과를 보여줍니다. 주요 하이라이트로는 FY2021 기준 대비 Scope 1 및 2 온실 가스(GHG) 배출량이 84% 감소했으며, 이는 재생 에너지에 대한 투자에 의해 촉진되었습니다. 또한, 코치는 재활용 데님을 사용하여 소호백을 재발행했으며, 이는 일반 데님에 비해 GHG 배출을 최대 80%까지 줄이고 물 사용을 최대 95%까지 절감합니다. 직원들은 전 세계적으로 65,000시간 이상의 자원봉사를 하여 2030년까지 500,000시간 자원봉사 목표에 기여했습니다. Tapestry는 또한 최고의 고용주로서 10개 이상의 국제상을 수상했습니다. 전체 보고서는 Tapestry.com에서 확인할 수 있습니다.
Tapestry, Inc. (NYSE: TPR), incluant des marques telles que Coach, Kate Spade et Stuart Weitzman, a publié son rapport de Responsabilité Sociétale des Entreprises (RSE) FY2024. Le rapport met en avant les réalisations de l'entreprise en matière de durabilité, d'impact social et de construction communautaire. Parmi les faits saillants, on note une réduction de 84 % des émissions de gaz à effet de serre (GES) des Portées 1 et 2 par rapport à la base de référence FY2021, grâce aux investissements dans les énergies renouvelables. De plus, Coach a réédité son Soho Bag en utilisant du denim réutilisé, ce qui permet de réduire les émissions de GES jusqu'à 80 % et la consommation d'eau jusqu'à 95 % par rapport au denim conventionnel. Les employés ont effectué plus de 65 000 heures de bénévolat dans le monde, contribuant à un objectif de 500 000 heures de bénévolat d'ici 2030. Tapestry a également reçu plus de 10 prix internationaux en tant qu'employeur de choix. Le rapport complet est disponible sur Tapestry.com.
Tapestry, Inc. (NYSE: TPR), das Marken wie Coach, Kate Spade und Stuart Weitzman umfasst, hat seinen Corporate Responsibility (CR) Bericht FY2024 veröffentlicht. Der Bericht zeigt die Erfolge des Unternehmens in den Bereichen Nachhaltigkeit, soziale Auswirkungen und Gemeinschaftsaufbau. Zu den wichtigsten Punkten gehören eine Reduzierung der Scope 1 und 2 Treibhausgasemissionen (GHG) um 84 % im Vergleich zur Basislinie FY2021, die durch Investitionen in erneuerbare Energien gefördert wurde. Darüber hinaus hat Coach seine Soho Bag mit wiederverwendetem Denim neu aufgelegt, was die GHG-Emissionen um bis zu 80 % und den Wasserverbrauch um bis zu 95 % im Vergleich zu herkömmlichem Denim reduziert. Die Mitarbeiter haben weltweit über 65.000 Stunden Freiwilligenarbeit geleistet und damit zu einem Ziel von 500.000 Freiwilligenstunden bis 2030 beigetragen. Tapestry erhielt zudem über 10 internationale Auszeichnungen für seine Exzellenz als Arbeitgeber. Der vollständige Bericht ist auf Tapestry.com verfügbar.
- 84% reduction in Scope 1 and 2 GHG emissions from FY2021 baseline.
- Reissued Coach Soho Bag with repurposed denim, reducing GHG emissions by up to 80% and water use by up to 95%.
- Employees volunteered over 65,000 hours, aiming for 500,000 hours by 2030.
- Received over 10 international awards for being a top employer.
- None.
“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,” said Joanne Crevoiserat, Chief Executive 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.”
In FY2024, the Company:
-
Leveraged innovation to be a more responsible and sustainable company. In FY2024, Tapestry’s Scope 1 and 2 GHG emissions were reduced by
84% compared to our FY2021 baseline. This marks the achievement of our Scope 1 and 2 science-based targets, primarily driven by the company’s investment in renewable energy in its own operations. -
Brought to market more responsible products and materials innovation, consistent with its vision. In FY24, Coach reissued its iconic Soho Bag, featuring a version created with repurposed denim, a material that has up to an
80% reduction in GHG emissions and up to95% less water consumption compared to conventional first-use denim. - Sustained its history of investing in communities where the company and its employees work and live. Employees worldwide volunteered over 65,000 hours, bringing Tapestry closer to its target of 500,000 volunteer hours by 2030.
-
Continued to increase focus on its people and culture. In FY24, the company received over 10 international awards from Forbes, Fortune, TIME,
USA Today, Newsweek and others for being a top employer.
The FY2024 CR report detailing Tapestry’s comprehensive corporate responsibility strategy and recent achievements can be found at Tapestry.com.
About Tapestry, Inc.
Our global house of brands unites the magic of Coach, kate spade new york and Stuart Weitzman. Each of our brands are unique and independent, while sharing a commitment to innovation and authenticity defined by distinctive products and differentiated customer experiences across channels and geographies. We use our collective strengths to move our customers and empower our communities, to make the fashion industry more sustainable, and to build a company that’s equitable, inclusive, and diverse. Individually, our brands are iconic. Together, we can stretch what’s possible. To learn more about Tapestry, please visit www.tapestry.com. For important news and information regarding Tapestry, visit the Investor Relations section of our website at www.tapestry.com/investors. In addition, investors should continue to review our news releases and filings with the SEC. We use each of these channels of distribution as primary channels for publishing key information to our investors, some of which may contain material and previously non-public information. The Company’s common stock is traded on the New York Stock Exchange under the symbol TPR.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241218296933/en/
Tapestry, Inc.
Media:
Jackie Albano
Director, ESG Communications
646/656-9645
jalbano@tapestry.com
Analysts and Investors:
Christina Colone
Global Head of Investor Relations
212/946-7252
ccolone@tapestry.com
Source: Tapestry, Inc.
FAQ
What are the key highlights of Tapestry's FY2024 Corporate Responsibility report?
How much did Tapestry reduce its Scope 1 and 2 GHG emissions in FY2024?
What sustainability initiatives did Tapestry undertake in FY2024?
How many volunteer hours did Tapestry employees contribute in FY2024?
What awards did Tapestry receive for being a top employer in FY2024?
Where can the full FY2024 Corporate Responsibility report for Tapestry be found?
