Luxury fashion house Tapestry, which counts Coach, Kate Spade and Stuart Weitzman among its subsidiaries, has outlined ambitious sustainability goals in its newly-released corporate responsibility roadmap.
The memorandum details initiatives that will bring the firm closer to green by 2025.
Attaining 95 percent traceability for raw materials is one of Tapestry’s key objectives, as it works toward ensuring a responsible and transparent supply chain for all of its brands.
Working with auditing bodies like the Leather Working Group, which certifies tanneries across the globe through a Gold, Silver and Bronze ranking system, is part of Tapestry’s transparency plan, too. The group says it will source 90 percent of its leathers from Gold and Silver-rated tanneries by 2025.
Reducing carbon emissions is another goal for the firm, which said in a statement that it will reduce Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (emissions from purchased or acquired electricity, steam, heat and cooling) CO2 emissions by 20 percent. Additionally, Tapestry plans on cutting Scope 3 emissions (which come from freight shipping) by 20 percent.
The company will also reduce waste at the corporate and distribution center-level by 25 percent by 2025, and has plans to revamp packaging to include 75 percent recycled content over the same period. An overall 10 percent reduction in water usage across Tapestry brands and their supply chains is also underway.
Luxury and fast fashion brands alike are facing increased scrutiny for their role in polluting the planet and wasting natural resources, leading consumers to examine their own purchasing behaviors to see how they can enact change on a micro level.
Nearly half of consumers ages 18-44 said they planned on shifting their purchases toward environmentally conscious clothing brands in the coming year, according to a report by A.T. Kearney released Monday. Forty percent of consumers also said they are looking to brands for hard facts and evidence to prove that their sustainability claims are trustworthy.
These shifting attitudes have companies like Tapestry scrambling to shore up environmental initiatives, button up supply chains and develop marketing strategies to effectively communicate their efforts to the masses.
Tapestry’s chief executive officer, Victor Luis, said the firm recognizes its role as “a leader in our industry to effect real, measurable change.” The company’s corporate responsibility memorandum and its accompanying microsite, called “Our Social Fabric,” were released on Earth Day.
The roadmap also details goals pertaining to increasing the firm’s diversity and engaging with local communities. Among those promises, Tapestry has vowed to augment the number of ethnic minority leaders on brand leadership teams in North America, and to donate $75 million in product and funding to non-profit organizations across the globe.