{"id":795720,"date":"2024-12-18T08:03:08","date_gmt":"2024-12-18T13:03:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/tapestry-inc-releases-fy2024-corporate-responsibility-report\/"},"modified":"2024-12-18T08:03:08","modified_gmt":"2024-12-18T13:03:08","slug":"tapestry-inc-releases-fy2024-corporate-responsibility-report","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/tapestry-inc-releases-fy2024-corporate-responsibility-report\/","title":{"rendered":"Tapestry, Inc. Releases FY2024 Corporate Responsibility Report"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Tapestry, Inc. Releases FY2024 Corporate Responsibility Report<\/b><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nTapestry, Inc. (NYSE: TPR), a house of iconic accessories and lifestyle brands consisting of Coach, Kate Spade, and Stuart Weitzman, today released its Fiscal Year 2024 (FY2024) <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fassets.tapestry.com%2Ftapestrycorp%2Fassets%2Fdocs%2F2024%2FTAPESTRY-FY2024-CR-REPORT.pdf&amp;esheet=54168335&amp;newsitemid=20241218296933&amp;lan=en-US&amp;anchor=Corporate+Responsibility+%28CR%29+report&amp;index=1&amp;md5=ec15db8182e5781a4f154a9d43798fe7\">Corporate Responsibility (CR) report<\/a>. The report details the company\u2019s progress and achievements in sustainability, social impact and community building over the past year. The company\u2019s framework, <i>The Fabric of Change<\/i>, encapsulates its vision for a better-made future.<\/p>\n<p>\n\u201cWe believe investing in our communities, people and sustainability initiatives drives innovation and long-term success and resilience for Tapestry and our portfolio of brands,\u201d said<b> Joanne Crevoiserat, Chief Executive Officer of Tapestry, Inc<\/b>. \u201cI am incredibly proud of the milestones our teams achieved in the last year, and we continue to see opportunities ahead.\u201d<\/p>\n<p>\nIn FY2024, the Company:<\/p>\n<ul class=\"bwlistdisc\">\n<li><b>Leveraged innovation to be a more responsible and sustainable company.<\/b> In FY2024, Tapestry\u2019s 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\u2019s investment in renewable energy in its own operations.\n<\/li>\n<li><b>Brought to market more responsible products and materials innovation, consistent with its vision<\/b>. 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 to 95% less water consumption compared to conventional first-use denim.\n<\/li>\n<li><b>Sustained its history of investing in communities where the company and its employees work and live<\/b>. Employees worldwide volunteered over 65,000 hours, bringing Tapestry closer to its target of 500,000 volunteer hours by 2030.\n<\/li>\n<li><b>Continued to increase focus on its people and culture. <\/b>In FY24, the company received over 10 international awards from <i>Forbes, Fortune, TIME, USA Today, Newsweek<\/i> and others for being a top employer.\n<\/li>\n<\/ul>\n<p>\nThe FY2024 CR report detailing Tapestry\u2019s comprehensive corporate responsibility strategy and recent achievements can be found at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fassets.tapestry.com%2Ftapestrycorp%2Fassets%2Fdocs%2F2024%2FTAPESTRY-FY2024-CR-REPORT.pdf&amp;esheet=54168335&amp;newsitemid=20241218296933&amp;lan=en-US&amp;anchor=Tapestry.com&amp;index=2&amp;md5=693aff3aaf69161cf2f89d21b4a7b9ca\">Tapestry.com<\/a>.<\/p>\n<p><b>About Tapestry, Inc.<\/b><\/p>\n<p>\nOur 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\u2019s equitable, inclusive, and diverse. Individually, our brands are iconic. Together, we can stretch what\u2019s possible. To learn more about Tapestry, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.tapestry.com&amp;esheet=54168335&amp;newsitemid=20241218296933&amp;lan=en-US&amp;anchor=www.tapestry.com&amp;index=3&amp;md5=ac616b663763adc6bb7a94f4bc758a52\">www.tapestry.com<\/a>. For important news and information regarding Tapestry, visit the Investor Relations section of our website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.tapestry.com%2Finvestors&amp;esheet=54168335&amp;newsitemid=20241218296933&amp;lan=en-US&amp;anchor=www.tapestry.com%2Finvestors&amp;index=4&amp;md5=f4f46d6e194bc46501584024aa0d3cd9\">www.tapestry.com\/investors<\/a>. 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\u2019s common stock is traded on the New York Stock Exchange under the symbol TPR.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20241218296933r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20241218296933\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20241218296933\/en\/<\/a><\/span><\/p>\n<p>\nTapestry, Inc.<br \/>\n<br \/><i>Media:<br \/>\n<\/i><br \/>Jackie Albano<br \/>\n<br \/>Director, ESG Communications<br \/>\n<br \/>646\/656-9645<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:jalbano@tapestry.com\">jalbano@tapestry.com<br \/>\n<\/a><\/p>\n<p><i>Analysts and Investors:<br \/>\n<\/i><br \/>Christina Colone<br \/>\n<br \/>Global Head of Investor Relations<br \/>\n<br \/>212\/946-7252<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:ccolone@tapestry.com\">ccolone@tapestry.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> New York United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Fashion Environment Luxury Retail Sustainability<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20241218296933\/en\/1699518\/3\/NEW_TPR_LOGO.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Tapestry, Inc. Releases FY2024 Corporate Responsibility Report NEW YORK&#8211;(BUSINESS WIRE)&#8211; Tapestry, Inc. (NYSE: TPR), a house of iconic accessories and lifestyle brands consisting of Coach, Kate Spade, and Stuart Weitzman, today released its Fiscal Year 2024 (FY2024) Corporate Responsibility (CR) report. The report details the company\u2019s progress and achievements in sustainability, social impact and community building over the past year. The company\u2019s framework, The Fabric of Change, encapsulates its vision for a better-made future. \u201cWe believe investing in our communities, people and sustainability initiatives drives innovation and long-term success and resilience for Tapestry and our portfolio of brands,\u201d said Joanne Crevoiserat, Chief Executive Officer of Tapestry, Inc. \u201cI am incredibly proud of the milestones our teams achieved in the last &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/tapestry-inc-releases-fy2024-corporate-responsibility-report\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Tapestry, Inc. Releases FY2024 Corporate Responsibility Report&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-795720","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tapestry, Inc. 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The report details the company\u2019s progress and achievements in sustainability, social impact and community building over the past year. The company\u2019s framework, The Fabric of Change, encapsulates its vision for a better-made future. \u201cWe believe investing in our communities, people and sustainability initiatives drives innovation and long-term success and resilience for Tapestry and our portfolio of brands,\u201d said Joanne Crevoiserat, Chief Executive Officer of Tapestry, Inc. \u201cI am incredibly proud of the milestones our teams achieved in the last &hellip; Continue reading &quot;Tapestry, Inc. Releases FY2024 Corporate Responsibility Report&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/tapestry-inc-releases-fy2024-corporate-responsibility-report\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-18T13:03:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20241218296933r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tapestry-inc-releases-fy2024-corporate-responsibility-report\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tapestry-inc-releases-fy2024-corporate-responsibility-report\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Tapestry, Inc. 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