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This Luxury Fashion Brand Is Setting the Gold Standard for Sustainability

This Luxury Fashion Brand Is Setting the Gold Standard for Sustainability

Summary

The fashion company Tapestry, which owns brands like Coach and Kate Spade, is making significant progress in sustainability. Despite challenges in the fashion industry, Tapestry has reduced its greenhouse gas emissions and increased its use of renewable energy. The company ranks among America's Greenest Companies due to its efforts to improve environmental sustainability.

Key Facts

  • Tapestry owns luxury brands like Coach and Kate Spade.
  • The company reduced greenhouse gas emissions by over 25% and improved water and waste usage scores.
  • Tapestry uses 96% renewable energy for its global operations.
  • The company sources 99% of its leather from certified responsible leather tanneries.
  • Tapestry's sustainability strategy focuses on workforce diversity, reducing waste, and community empowerment.
  • The Global Fashion Agenda reports 92 million tons of textile waste each year.
  • The industry produces 100 billion garments annually with a significant amount going to waste.

Source Information