"Our company is built upon values of optimism, inclusivity and innovation. We want to leave the world in a better place for the next generation, and this sentiment influences everything that we do -- from product development to our philanthropic work. At Tapestry, we recognise that corporate responsibility is a key component of a sustainable business model. Our alignment with the UN Global Compact demonstrates our commitment to driving meaningful positive change -- not just for our company, but for the greater global community," Victor Luis, chief executive officer of Tapestry, Inc., said.

Tapestry’s participation in the UN Global Compact builds upon established Corporate Responsibility (CR) programmes. In 2001, the first year as a public company, we published our Supplier Code of Conduct as well as a Social Auditing Program, both focusing on social and environmental compliance, solidifying the expectations we place upon our suppliers regarding fair working conditions, wages and safety. The Social Auditing Program for factory compliance set high standards within the luxury industry.

Tapestry instituted its formal Sustainability Program in 2013, and since then, the company has expanded its reporting to external agencies, including the CDP Climate Change, Water and Forests surveys.

In 2015, Tapestry introduced its first set of Corporate Responsibility goals -- targets that focus on climate change, water, waste management and social issues, reporting progress annually. (RR)

Fibre2Fashion News Desk – India