Tapestry, Inc. is a leading luxury fashion company based in the United States of America. The company was founded in 1941 and has since grown to become a global leader in the fashion industry. Tapestry, Inc. is the parent company of several well-known luxury brands, including Coach, Kate Spade, and Stuart Weitzman. The company operates in over 50 countries and has more than 20,000 employees worldwide.

As a global leader in the fashion industry, Tapestry, Inc. recognizes its responsibility to reduce its carbon footprint and contribute to the decarbonization of the planet. The company has set ambitious targets to reduce its greenhouse gas emissions and transition to renewable energy sources. Tapestry, Inc. is committed to reducing its carbon emissions by 50% by 2025 and achieving net-zero emissions by 2050.

To achieve these targets, Tapestry, Inc. has implemented several initiatives to reduce its energy consumption and increase its use of renewable energy. The company has invested in energy-efficient technologies and practices, such as LED lighting, HVAC optimization, and building automation systems. These initiatives have resulted in significant reductions in the company's energy consumption and carbon emissions.

In addition to energy efficiency measures, Tapestry, Inc. has also implemented a corporate power purchase agreement (PPA) to increase its use of renewable energy. The company has signed a long-term contract to purchase renewable energy from a wind farm in Texas. This PPA will provide Tapestry, Inc. with a stable and predictable source of renewable energy, while also supporting the growth of the renewable energy industry in the United States.

Tapestry, Inc. is also exploring other opportunities to increase its use of renewable energy, such as on-site solar installations and community solar programs. The company is committed to working with its suppliers and partners to promote the adoption of renewable energy and decarbonization across its supply chain.

As part of its commitment to decarbonization and renewable energy, Tapestry, Inc. has also joined several industry initiatives and partnerships. The company is a member of the RE100 initiative, which is a global campaign to encourage companies to commit to 100% renewable energy. Tapestry, Inc. has also joined the Fashion Industry Charter for Climate Action, which is a United Nations initiative to promote sustainability and decarbonization in the fashion industry.

Tapestry, Inc. recognizes that decarbonization and renewable energy are not only important for the environment but also for its business. The company's customers, employees, and investors are increasingly demanding sustainable and responsible practices from the companies they work for and invest in. By investing in decarbonization and renewable energy, Tapestry, Inc. is not only reducing its environmental impact but also enhancing its reputation and competitiveness in the market.

In conclusion, Tapestry, Inc. is a leading luxury fashion company that is committed to decarbonization and renewable energy. The company has set ambitious targets to reduce its carbon footprint and transition to renewable energy sources. Tapestry, Inc. has implemented several initiatives to reduce its energy consumption and increase its use of renewable energy, including energy efficiency measures and a corporate PPA. The company is also exploring other opportunities to increase its use of renewable energy and is committed to working with its suppliers and partners to promote sustainability and decarbonization across its supply chain. By investing in decarbonization and renewable energy, Tapestry, Inc. is not only reducing its environmental impact but also enhancing its reputation and competitiveness in the market.