US firm Tapestry signs business ambition to reach net zero emissions

Tapestry, a leading New York-based house of modern luxury brands, has signed the Science Based Targets initiative (SBTi) business ambition for 1.5°C. The pledge is a statement of intent of setting interim science-based emissions reduction targets in order to limit global warming to 1.5°C and to reach net-zero global emissions by 2050 at the latest.

Tapestry, a leading New York-based house of modern luxury brands, has signed the Science Based Targets initiative (SBTi) business ambition for 1.5⁰C. The pledge is a statement of intent of setting interim science-based emissions reduction targets in order to limit global warming to 1.5°C and to reach net-zero global emissions by 2050 at the latest.

The commitment aligns Tapestry’s climate mitigation targets with the most ambitious aim of the Paris Agreement and adheres to SBTi’s most rigorous guidelines to reduce the destructive impacts of climate change in the short and long term, according to the American fashion company.

Tapestry, a leading New York-based house of modern luxury brands, has signed the Science Based Targets initiative (SBTi) business ambition for 1.5⁰C. The pledge is a statement of intent of setting interim science-based emissions reduction targets in order to limit global warming to 1.5°C and to reach net-zero global emissions by 2050 at the latest.

“At Tapestry, we are committed to leading with purpose and embracing our responsibility as a global house of fashion brands to effect real and lasting change for our industry and our stakeholders. Signing the business ambition for 1.5°C represents an important step forward in our journey to reduce our climate impact and make our planet more sustainable,” Joanne Crevoiserat, chief executive officer of Tapestry, said in a press release.

Tapestry, a leading New York-based house of modern luxury brands, has signed the Science Based Targets initiative (SBTi) business ambition for 1.5⁰C. The pledge is a statement of intent of setting interim science-based emissions reduction targets in order to limit global warming to 1.5°C and to reach net-zero global emissions by 2050 at the latest.

By joining SBTi’s Business Ambition for 1.5°C, Tapestry is continuing to strengthen its dedication to environmental efforts to combat climate change. This commitment further reinforces Tapestry’s recently announced actions to drive positive change for its people, planet and community, including committing to procure 100 per cent renewable electricity in its stores, offices, and fulfillment centres by 2025, and establishing the $50 million Tapestry Foundation to advance equity and opportunity and to combat the climate crisis.

Fibre2Fashion News Desk (JL)