Fashion Giant Tapestry Buys Carbon Removal in 10-Year Deal

A luxury fashion company just made a move that could reshape how the retail industry tackles climate change.

Tapestry, Inc., the parent company of Coach and kate spade new york, announced a groundbreaking 10-year partnership with Climeworks, a Swiss leader in carbon removal technology. This marks the first time a major North American fashion retailer has committed to long-term carbon removal purchases, signaling a shift in how consumer brands approach their climate responsibilities.

The deal gives Tapestry access to five different carbon removal methods, mixing both nature-based and engineered solutions. These range from speeding up natural mineral processes that absorb CO₂ to capturing carbon directly from the air and storing it permanently underground.

What makes this partnership stand out is its diversity and timeframe. Rather than betting on a single technology, Tapestry is spreading its investment across multiple approaches, reducing risk while supporting innovation in this emerging field. The company plans to use these solutions to address its direct operational emissions while working toward broader climate goals.

Climeworks designed the portfolio specifically to combine the most scientifically sound carbon removal options available today. Each method delivers additional benefits beyond climate action, supporting land restoration and local communities where projects operate.

The Ripple Effect

This partnership could spark a wave of similar commitments across the fashion and retail sectors. As one of the industry's major players, Tapestry's decision sends a clear message that carbon removal is becoming a mainstream climate tool, not just an experimental side project.

The retail industry has faced mounting pressure to address its environmental footprint, particularly from younger consumers who increasingly factor sustainability into purchasing decisions. By investing in permanent carbon removal rather than just offsets, Tapestry is choosing a path that actually removes CO₂ from the atmosphere instead of simply balancing emissions elsewhere.

Adrian Siegrist, Climeworks' Chief Commercial Officer, highlighted the significance of landing their first North American customer in the consumer goods sector. The partnership demonstrates that carbon removal technology has matured enough to attract long-term corporate investment at scale.

For Climeworks, the deal represents validation of their portfolio approach. As more companies seek reliable ways to address unavoidable emissions, having multiple proven technologies ready helps meet diverse customer needs and accelerates market development for the entire carbon removal industry.

The fashion industry's entry into serious carbon removal investments shows climate solutions are moving from niche to necessary across all business sectors.