Tapestry Inc.
NYS : TPR
2022 Apparel & Footwear
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Company Ranking
36 out of65 Companies
Company Score
SUMMARY
Tapestry Inc. (Tapestry), a premium and luxury apparel company that owns Coach, Kate Spade, and Stuart Weitzman, ranks joint 36th out of 65 companies. Since 2021, the company has improved by disclosing a first-tier supplier list covering 95% of its first-tier supply chain, a policy provision prohibiting the charging of recruitment-related fees to workers, data on the percentage of women workers per supplier in its first tier, participation in the Better Work program, and its payment terms. The company’s score is based on its stronger performance on the theme of Purchasing Practices due to the above improvements. However, the company did not improve across other themes and performed particularly poorly on the themes of Monitoring and Remedy, scoring 0. As such, it was overtaken by other companies in the benchmark that presented stronger disclosure, and its rank has dropped by 3 places. The company has an opportunity to further improve its performance and disclosure on the themes of Recruitment, Worker Voice, and Remedy.
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SCORE HISTORY
THEME & indicator score
The benchmark methodology has seven themes, selected to capture the key areas where companies need to take action to eradicate forced labour from their supply chains. The themes are comprised of a total of 12 key indicators. For each indicator, a company can score a total of 100 points.
Commitment and Governance
Supplier Code of Conduct and Capacity Building | 50 / 100 |
Management and Accountability | 25 / 100 |
Traceability and Risk Assessment
Traceability and Supply Chain Transparency | 34/100 |
Risk Assessment | 0 / 100 |
Data on Supply Chain Risks | 25 / 100 |
Purchasing Practices
Purchasing Practices | 34 / 100 |
Recruitment
Recruitment Fees | 10 / 100 |
Monitoring and Responsible Recruitment | 0 / 100 |
Worker Voice
Freedom of Association | 0 / 100 |
Grievance Mechanism | 15 / 100 |
Monitoring
Monitoring Process | 0 / 100 |
Remedy
Remedy Programs | 0 / 100 |