Tapestry, the parent company of Kate Spade New York and Coach, has made a move reduce its environmental impact by partnering with decarbonization firm Climeworks.
Tapestry signed a 10-year agreement and has made its first carbon removal purchase, which includes credits from five carbon-removal pathways that are both engineered and nature-based.
“Our general approach is to combine nature‑based solutions—such as reforestation, mangroves and biochar—which can deliver near‑term impact and important land or biodiversity co‑benefits, with engineered solutions like direct-air capture, BECCS and enhanced rock weathering, that provide long‑term storage, low reversal risk and highly measurable and traceable outcomes,” said Adrian Siegrist, chief commercial officer, Climeworks.
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Tapestry’s portfolio includes accelerating natural mineral processes and generating renewable energy with permanent CO2 storage, as well as removing CO2 from the air.
“Working with Climeworks allows us to address our Scope 1 emissions through high-quality carbon removal, while supporting innovation and market development in this emerging climate solution space,” said Logan Duran, global head of ESG and sustainability for Tapestry.
Tapestry has laid out several science-based climate targets by 2030, including reducing Scope 1 and 2 greenhouse gas emissions by 64 percent, reducing absolute Scope 3 industry greenhouse gas emissions by 42 percent and reducing Scope 3 forest, land and agriculture greenhouse gas emissions by 30 percent. The company aims to reach net-zero on greenhouse gas emissions by 2050.
Tapestry is Climeworks first North American customer in the retail and consumer goods industry. The firm has partnered with other global fashion companies such as H&M, which signed on in 2022 with the goal of offsetting 10,000 tons of CO2.
“Historically, demand for carbon removal has been driven largely by tech companies, and even today a single player still represents a significant share of global purchases. The entry of a company like Tapestry marks an important milestone,” Siegrist said. “It shows that carbon removal is becoming a core component of credible net‑zero strategies across all sectors, not just tech. For consumer and retail brands in particular, it also reflects a growing recognition that science‑based climate action is increasingly a point of differentiation, both with consumers and across value chains.”
Siegrist said that buy-in from major consumer and retail brands such as Tapestry allow Climeworks to better demonstrate how diversified carbon-removal portfolios can meet the needs of large, multinational companies. And he said this kind of partnership will help Climeworks make high-quality carbon removal a mainstream, trusted solution for achieving net-zero.
“Long‑term partnerships like this directly support the growth and maturation of the carbon removal market,” he said. “By committing to a diversified set of solutions, Tapestry is helping drive innovation, infrastructure build‑out and learning across multiple carbon removal pathways, accelerating scale and lowering barriers for future adopters.”
