Tapestry, the New York-based owner of Coach, Kate Spade and Stuart Weitzman, released its 2020 Corporate Responsibility Report, which highlights social and environmental progress made in the fiscal year ending June 27, 2020.

It marks the eighth year of reporting for the group, but the first time it is done in line with the recommendations made by the Task Force on Climate-Related Financial Disclosures (TCFD) and the Sustainable Accounting Standards Boards (SASB).

Among other things, the report indicated that Tapestry initiated supply chain mapping and began working towards achieving 95 percent traceability and mapping of its raw materials. It also increased the amount of leather that comes from Silver- or Gold-rated Leather Working Group tanneries to 67 percent.

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