Tapestry Partners with Climeworks for Carbon Removal Solutions
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 18 2026
0mins
Should l Buy TPR?
Source: Yahoo Finance
- Partnership Agreement: Tapestry has signed a 10-year partnership with Climeworks, marking its first purchase of carbon removal services, which is expected to significantly advance its climate responsibility practices and emission reduction goals.
- Diverse Carbon Removal Portfolio: This collaboration allows Tapestry to access Climeworks' most diversified carbon removal portfolio, combining five high-quality carbon removal pathways, reflecting a shared commitment to innovation and long-term climate impact.
- Industry Leadership Role: As Climeworks' first North American customer in the fashion and consumer goods sector, Tapestry's involvement highlights the increasing interest in carbon removal and decarbonization within the industry, likely inspiring more brands to adopt similar measures.
- Sustainability Goals: Tapestry plans to utilize Climeworks' solutions to address its Scope 1 emissions, advancing its long-term climate goals while supporting the development of emerging climate solution markets.
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Analyst Views on TPR
Wall Street analysts forecast TPR stock price to fall
15 Analyst Rating
13 Buy
2 Hold
0 Sell
Strong Buy
Current: 144.350
Low
120.00
Averages
136.57
High
155.00
Current: 144.350
Low
120.00
Averages
136.57
High
155.00
About TPR
Tapestry, Inc. is a house of accessories and lifestyle brands. The Company's global house of brands include Coach and kate spade new york. Coach brand is a global fashion house of accessories and lifestyle collections. Kate Spade New York is a global lifestyle brand that designs things for the everyday, delivering seasonal collections of handbags, ready-to-wear, jewelry, footwear, gifts, home decor and more. Its products include women's handbags, women's accessories, men's and other products. Women's accessories include small leather goods which include mini and micro handbags, money pieces, wristlets, pouches and cosmetic cases. Men's includes bag collections, small leather goods, footwear, watches, sunglasses, and ready-to-wear items. Its products are sold to customers through its direct-to-consumer (DTC), wholesale and licensing businesses. Its DTC business includes retail and outlet stores, branded e-commerce sites as well as concession shop-in-shops.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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