Phumzile Mlambo-Ngcuka, Under-Secretary-General and Executive Director, UN Women added, “The 2030 Agenda for
Tapestry’s participation in the UN Global Compact builds upon established Corporate Responsibility (CR) programs. In 2001, the first year as a public company, Tapestry published its Supplier Code of Conduct, as well as a Social Auditing Program, both focusing on social and environmental compliance, solidifying the expectations placed upon 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 in 2015, introduced the first set of Corporate Responsibility goals -- targets that focus on climate change, water, waste management and social issues, reporting progress annually.
For more information on Tapestry’s Corporate Responsibility program, please visit https://tapestry.gcs-web.com/sustainability-reports.
About UN Women
UN Women is
About the Women’s Empowerment Principles
The Women's Empowerment Principles offer seven steps to guide businesses on how to empower women in the workplace, marketplace and community. Subtitled, Equality Means Business, the Principles emphasize the business case for corporate action to promote gender equality and women's empowerment, and are informed by real-life business practices and input gathered from across the globe. Rather than being prescriptive or a new initiative to which businesses are asked to subscribe, the WEPs seek to point the way to best practices by elaborating the gender dimensions of good corporate citizenship, the UN Global Compact and business role in sustainable development. To date, more than 2,180 business leaders from around the world have signed a CEO Statement of support for the WEPs, confirming their commitment towards the advancement and empowerment of women, and towards the best practices highlighted by the seven Principles.
About the UN Global Compact
The UN Global Compact is a corporate sustainability initiative that aligns businesses, strategies and operations with ten principles on human rights, labour, environment and anti-corruption. It encourages participants to take actions to advance societal goals, such as the UN Sustainable Development Goals. Established in 2000, the UN Global Compact emphasizes collaboration and innovation between participants, the greater community and governments, and is present in over 160 countries and more than 80 local networks.
This information to be made available in this press release may contain forward-looking statements based on management's current expectations. Forward-looking statements include, but are not limited to,statements that can be identified by the use of forward-looking terminology such as "may," "will," “can,” "should," "expect," "intend," "estimate," "continue," "project," "guidance," "forecast," “outlook,” "anticipate," “moving,” “leveraging,” “capitalizing,” “developing,” “drive,” “targeting,” “assume,” “plan,” “build,” “pursue,” “maintain,” “on track,” “well positioned to,” “look forward to,” “to acquire,” “achieve,” “strategic vision,” “growth opportunities” or comparable terms. Future results may differ materially from management's current expectations, based upon a number of important factors, including risks and uncertainties such as expected economic trends, the ability to anticipate consumer preferences, the ability to control costs and successfully execute our transformation and operational efficiency initiatives and growth strategies and our ability to achieve intended benefits, cost savings and synergies from acquisitions, the impact of tax legislation, etc.Please refer to the Company’s latest Annual Report on Form 10-K and its other filings with the
Analysts & Media:
Andrea Shaw Resnick
Interim Chief Financial Officer
Global Head of Investor Relations and Corporate Communications
Director, Corporate Communications