Tapestry, Inc., the parent company of Coach and Kate Spade New York, has partnered with Climeworks by investing in its most diversified carbon dioxide removal (CDR) portfolio to date. This 10-year agreement marks Tapestry’s first CDR purchase, aligning with its decarbonization goals to address Scope 1 emissions through a portfolio combining five high-quality carbon removal pathways. The collaboration signifies a growing interest in carbon removal within the retail and consumer goods sector while also supporting innovation and market development in climate solutions.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Tapestry Invests In The Most Diversified CDR Portfolio By Climeworks To Date
Tapestry, Inc., the parent company of Coach and Kate Spade New York, has partnered with Climeworks by investing in its most diversified carbon dioxide removal (CDR) portfolio to date. This 10-year agreement marks Tapestry’s first CDR purchase, aligning with its decarbonization goals to address Scope 1 emissions through a portfolio combining five high-quality carbon removal pathways. The collaboration signifies a growing interest in carbon removal within the retail and consumer goods sector while also supporting innovation and market development in climate solutions.