Tapestry Inc.
TPR.US | Retail sale of clothing, footwear and leather articles in specialized stores
Tapestry, Inc. is a global house of brands, including Coach, Kate Spade, and Stuart Weitzman. The company designs, manufactures, and markets accessories and lifestyle products. Coach offers handbags, small leather goods, footwear, ready-to-wear, and fragrances. Kate Spade provides handbags, apparel,...Show More
Better Health for All
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Tapestry demonstrates a strong commitment to mental health, both internally and externally. For employees, it offers free Headspace subscriptions, counseling (8 sessions/year), up to nine wellness days annually, flexible schedules, company-wide meditation, and Mental Health First Aid training for over 100 associates.
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Externally, its Kate Spade New York brand has invested $31 million since 2012 in women’s mental health and empowerment, reaching over 100,000 women and girls in FY2024, two years ahead of its 2025 target.
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This includes launching ‘She Care Wellness Pods’ on four Historically Black Colleges and Universities (HBCUs), a Global Fund for Women’s Mental Health, and hosting summits.
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The company was also named to Newsweek's America's Greatest Workplaces for Mental Well-being 2025 list.
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Tapestry has achieved an 84% reduction in Scope 1 and 2 greenhouse gas emissions compared to FY2021, mitigating indirect health externalities from pollution.
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During the COVID-19 pandemic, it committed $2 million to NYC small businesses, $500,000 for frontline assistance and support, and repurposed 3D printing capabilities to manufacture medical equipment.
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The company maintains comprehensive data privacy policies, a central privacy office, and complies with major frameworks like the EU-U.S. Data Privacy Framework.
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It also provides health education through psychoeducation sessions in its wellness pods and Wellness Summits.
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Tapestry's core products have a neutral direct health impact, and it generates no revenue from products with direct negative health outcomes.
Fair Money & Economic Opportunity
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Tapestry Inc. is primarily a retail company and does not offer consumer lending, deposit, or other direct financial services. As such, KPIs related to underserved client share, pricing fairness, exploitative fee exposure, inclusion initiatives (as a share of loan book), customer financial data accessibility, fair lending compliance, customer debt burden ratio, geographic inclusion for financial services, and product simplicity for financial products are not applicable, resulting in a score of 0 for these categories. For profit reinvestment, Tapestry's pre-tax income in fiscal year 2025 was $216.10 million.
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In the same year, the company's foundations and programs made philanthropic contributions totaling $4.224 million, including $3.87 million from the Coach Foundation, $89,000 from the Associate Relief Fund, $175,000 for disaster relief, and $90,000 from the EBRG Community Grant Program.
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This represents approximately 1.95% of its pre-tax profit. While not directly impacting customer credit or savings through financial products, the Coach Foundation's Dream It Real program has funded 6,730 scholarships globally for under-resourced youth.
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This program reports that 97% of scholars are on track to graduate college on time with 88% less debt than the national average.
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Kate Spade's Global Fund for Women’s Mental Health supports community-led solutions. Tapestry also reached 53,000 supply chain workers with access to empowerment programs.
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The KPI for financial literacy initiatives is omitted due to a lack of specific data on the reach and outcomes of mentioned programs, such as the Black Alliance's financial literacy workshop or guidance for CIS Jacksonville students.
Fair Pay & Worker Respect
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No specific, concrete data points were provided in the articles to assess Tapestry Inc. against the defined KPIs for Fair Pay & Worker Respect. While the company committed to a $15 minimum wage for all U.S. hourly employees
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and tied a portion of leadership's annual incentive compensation to equity, inclusion, and diversity objectives
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, these facts do not provide the quantitative metrics required by the rubric for scoring the share of the global workforce earning a living wage or a pay equity ratio. Information regarding CEO to median employee pay ratio, collective bargaining coverage, safety incident rates, worker engagement scores, employee turnover rates, labor violation incidents, insecure contract share, or health insurance coverage was not available.
Fair Trade & Ethical Sourcing
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Tapestry achieved 95% mapping and traceability of raw materials to Tier 3 in FY2025.
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The company conducts annual, semi-announced audits for its Tier 1 finished goods suppliers and a portion of its Tier 2 raw material suppliers.
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Audits conducted in FY2025 did not uncover evidence of modern slavery or child labor.
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No specific incidents were reported in FY2022 or FY2024.
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Proactive human rights risk assessments were conducted in FY2025.
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All suppliers are required to sign and comply with the Supplier Code of Conduct, which includes enforceable ethical-sourcing clauses prohibiting modern slavery and child labor.
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Honest & Fair Business
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Tapestry achieved a perfect score of 100% on the Human Rights Campaign’s 2021 Corporate Equality Index for the seventh consecutive year.
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The company has a Global Business Integrity Program that includes an Anti-Corruption Policy
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and has signed the United Nations Global Compact, committing to anti-corruption principles.
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Kind to Animals
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The provided articles do not contain specific, quantifiable data points that align with the scoring rubric for the 'Kind to Animals' ethical value. While there is criticism regarding the use of exotic animal skins and leather
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,
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, and a grant to the World Wildlife Fund for a leather traceability program focused on deforestation
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, this information does not provide percentages for cruelty-free certification, ethical input substitution, supplier audits for welfare compliance, or a percentage of revenue invested in conservation initiatives, which are required for scoring the relevant KPIs.
No War, No Weapons
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Tapestry Inc.'s primary business does not involve military or defense activities, resulting in no revenue from arms contracts, no defense assets to divest, no exposure to controversial weapons, and no defense procurement. The company identified 157 smelters or refiners (SORs) in its supply chain
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, with 149 (approximately 94.9%) listed as conformant by the Responsible Minerals Initiative (RMI) under its Conflict Minerals Policy
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.
Planet-Friendly Business
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Tapestry Inc. reported total Scope 1, 2, and 3 GHG emissions of 0.803787 M tCO₂e in FY2024.
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The company's near and long-term GHG emissions reduction targets have been validated by the Science Based Targets initiative (SBTi) and are aligned with the Paris Agreement's 1.5°C pathway, including reducing absolute Scope 1 and 2 GHG emissions by 64% by FY2030 from a FY2022 baseline.
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Tapestry has a target to achieve net-zero GHG emissions across its value chain by 2050, supported by these interim SBTi targets.
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By FY2025, Tapestry achieved 100% renewable electricity across its global stores, offices, and fulfillment centers.
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In FY2025, the company achieved an 87% landfill diversion rate at corporate locations in North America
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and 91% at corporate fulfillment centers in North America,
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with its Coach (Re)Loved & Repair Workshop holding Gold-level TRUE Zero Waste Certification.
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In FY2025, recycled polyester usage increased to 84% of total polyester,
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and 71% recycled content was achieved in consumer-facing packaging.
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Tapestry has conducted an updated scenario analysis of potential climate-related physical and transitional risks and opportunities across both low- and high-carbon economies, aligned with TCFD recommendations.
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The company worked with 40 strategic Tier 1 and Tier 2 suppliers, representing over 70% of suppliers' emissions in FY2025,
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with 96% of their 2024 Higg FEM responses verified.
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Tapestry's headquarters building is LEED Platinum certified,
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and its Coach (Re)Loved & Repair Workshop has Gold-level TRUE Zero Waste Certification,
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but these represent a very small percentage of its more than 1,500 stores and other facilities.
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Respect for Cultures & Communities
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Tapestry has established 25 global partners for kate spade new york's mental health initiatives
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. Additionally, the company has a partnership with Pivot Energy for community solar projects
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. This totals 26 formal partnerships with community-focused organizations.
Safe & Smart Tech
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Tapestry has not been materially affected by cybersecurity risks or incidents in the past three fiscal years.
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The company is certified under the EU-U.S., UK Extension, and Swiss-U.S. Data Privacy Frameworks.
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It provides annual security and privacy training to employees and third-party service providers, including periodic phishing simulations.
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SSL technology is used for online orders on Coach and Kate Spade websites.
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There are no documented incidents of unauthorized data use.
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Users have strong data control options, including rights to opt-out of data sale, request data deletion, and appeal automatic decision-making.
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Tapestry employs continuous scanning for vulnerability management and comprehensive security testing, including attack surface management, security monitoring, threat intelligence, incident response, and annual disaster recovery exercises.
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Data retention is based on necessity and legal obligations, with an extensive list of collected personal data.
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The company demonstrates exemplary compliance with a wide array of international and US state privacy laws, with oversight from the CISO, Audit Committee, and Board.
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Zero Waste & Sustainable Products
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Tapestry demonstrates strong waste diversion, with corporate fulfillment centers in North America achieving a 91% landfill diversion rate in FY2025.
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The Coach (Re)Loved & Repair Workshop and Las Vegas Fulfillment Center also achieved 97% landfill diversion.
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The company has an ambitious waste reduction target to achieve zero waste (>90% landfill diversion) at corporate sites in North America by 2025.
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Tapestry shows a strong commitment to recycled content in products, with 84% of polyester and 65% of polyamide sourced from pre- or post-consumer recycled inputs in FY2025.
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For packaging, 71% of consumer-facing packaging contained recycled content in FY2025.
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The company implements over 10 waste reduction initiatives, including the Coach (Re)Loved program, a Packaging Optimization Workstream, and partnerships to convert waste into new materials. Circular design principles are applied to several product categories, notably Coachtopia products adhering to Made Circular™ principles, and designers participate in circular design workshops. Suppliers are required to comply with the Supplier Code of Conduct, which covers minimum environmental business requirements.
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Customer education is supported through initiatives like digital passports for Coachtopia products, a partnership with Poshmark for resale, and the Coach (Re)Loved Exchange program.