Driving Circularity And Innovation: Tapestry's Commitment To Sustainable Product Design For 2025 And Beyond

(MENAFN- 3BL) At Tapestry, we believe great design and an exceptional customer experience must come first. With this foundation, we then focus on producing quality products through material efficiency, embracing circularity and innovation across our supply chain.

CREATE PRODUCTS WITH CARE GOALS FOR 2025 AND BEYOND

• 95% traceability and mapping of our raw materials by 2025.
• 90% of leather used in our products comes from Silver- and Gold-rated Leather Working Group (LWG) tanneries by 2025.
• 95% of polyamide (nylon) will be from preor postconsumer recycled sources by 2025.
• 90% of cotton will be organic- or regenerativecertified by 2025.
• 75% recycled content in consumer packaging by 2025.
• 95% of polyester will be from pre- or post-consumer recycled sources by 2027.
• 10% of leather will be from farms using regenerative agriculture practices, made with recycled inputs or made with“next-generation” materials by 2030.

Tapestry's circularity strategy is centered on supporting the three principles of the circular economy, all driven by design: eliminating waste and pollution, circulating products and materials and regenerating nature. We categorize our projects into three workstreams that support these principles:

• Fabric of Change targets : Our sustainability targets serve as the foundational work underpinning our circular economy strategy
• System initiatives : Establish and invest in partnerships, infrastructure and innovations needed to implement circular business models and circular economy principles
• Product initiatives : Empower our brands to create products that are designed to flow through multiple lives, utilizing recycled and regenerative materials

Through these workstreams, we aim to scale circular business models that extend product lifecycles and value.

Tapestry is a Network Partner of the Ellen MacArthur Foundation , an international charity that develops and promotes the idea of a circular economy. The Foundation's Fashion Initiative is leading international efforts working with businesses, governments and NGOs to fundamentally redesign both the products of the future, and the services, supply chains and business models that deliver them and keep them in use. The program seeks to inspire the fashion industry to ensure products are used more, are made to be made again, and are made from safe and recycled or renewable inputs in order to create a resilient and thriving industry.

We continue to prioritize the education of our employees on circular business principles. For more information see the section Upskilling our Employees and our Supply Chain .

Read more about our commitment to circularity in our Corporate Responsibility Report, The Fabric of Change

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