Tapestry Invests In The Most Diversified CDR Portfolio By Climeworks To Date

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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.

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