Tapestry and Climeworks announce carbon removal partnership to advance innovative climate action
Climeworks, a global leader in carbon removal solutions, and Tapestry, Inc. (NYSE: TPR), the parent company of Coach and kate spade new york, today announced a new partnership focused on scaling high-quality carbon removal as part of their broader approach to decarbonization.
Through this 10-year agreement, Tapestry has made its first purchase of carbon removals, accessing Climeworks’ most diversified carbon removal portfolio to date. The portfolio combines five high-quality carbon removal pathways, both engineered and nature-based, reflecting a shared commitment to innovation, risk diversification, and long-term climate impact.
Sourced by Climeworks’ scientific team, the portfolio includes projects that represent cutting-edge developments in carbon removal, ranging from accelerating natural mineral processes to generating renewable energy with permanent CO₂ storage and directly removing CO₂ from the air. These approaches are some of the most innovative and scientifically robust carbon removal solutions available today, while delivering strong co-benefits on land and communities. The partnership reflects Tapestry’s ambition to integrate climate-responsible practices into our business and Climeworks’ leadership in scaling trusted, science-based carbon removal solutions globally.
Tapestry is Climeworks’ first North American customer in the retail and consumer goods industry, underscoring the sector’s increasing interest in carbon removal and more broadly, decarbonization. The company will be using Climeworks’ carbon removal solutions to address its Scope 1 emissions and advance its long-term climate goals.
