Month: February 2026
ZURICH, February 17, 2026 /3BL/ – Climeworks, a global leader in carbon removal solutions, and Tapestry, Inc. (NYSE: TPR), the parent company of Coach and kate spade new york, today announced a new partnership focused on scaling high-quality carbon removal as part of their broader approach to decarbonization.
Through this 10-year agreement, Tapestry has made its first purchase of carbon removals, accessing Climeworks’ most diversified carbon removal portfolio to date. The portfolio combines five high-quality carbon removal pathways, both engineered and nature-based, reflecting a shared commitment to innovation, risk diversification and long-term climate impact.
Sourced by Climeworks’ scientific team, the portfolio includes projects that represent cutting‑edge developments in carbon removal, from accelerating natural mineral processes to generating renewable energy with permanent CO₂ storage and removing CO₂ directly from the air. These approaches are some of the most innovative and scientifically robust carbon removal solutions available today, while delivering strong co-benefits on land and communities. The partnership reflects Tapestry’s ambition to integrate climate‑responsible practices into our business and Climeworks’ leadership in scaling trusted, science-based carbon removal solutions globally.
Tapestry is Climeworks’ first North American customer in the fashion, retail and larger consumer goods industry, underscoring the sector’s increasing interest in carbon removal and more broadly, decarbonization. The company will be using Climeworks’ carbon removal solutions to address its Scope 1 emissions and advance its long-term climate goals.
“We’re thrilled to partner with Tapestry, which is leading the way in fashion,” said Adrian Siegrist, Chief Commercial Officer of Climeworks. “This collaboration not only underscores the retail sector’s growing commitment to climate action, but also shows Climeworks’ leadership in carbon removal portfolio services. Customers are increasingly seeking diversified portfolios of high-quality carbon removal solutions to manage risk and secure timely delivery today, and Climeworks is uniquely positioned to answer that need”.
“At Tapestry, we are focused on reducing emissions across our value chain while investing in solutions that help build a resilient, low-carbon future,” said Logan Duran, Global Head of ESG & Sustainability. “Working with Climeworks allows us to address our Scope 1 emissions through high-quality carbon removal, while supporting innovation and market development in this emerging climate solution space.”
About Tapestry, Inc.
Our global house of iconic accessories and lifestyle brands unites the magic of Coach and kate spade new york. Together, we stretch what’s possible – advancing brands further than they could go alone, expanding their reach to new geographies and generations. Inspired by our consumers, we create experiences and products that build lasting brand love and elevate everyday life. To learn more about Tapestry, please visit tapestry.com.
About Climeworks
Climeworks is a leading high-quality carbon removal provider, combining decades of expertise in Direct Air Capture (DAC) technology with holistic carbon removal solutions.
Climeworks offers an end-to-end enterprise service for premium carbon removal. Its tailored portfolios of nature-based and engineered solutions are designed to maximize business value and minimize risks. The company runs the world’s first two DAC plants in Iceland, demonstrating its core commitment to high-quality carbon removal that is backed by over 15 years of pioneering research, development, and deployment.
By advancing the most reliable solutions in the market, Climeworks accelerates the global transition to net zero, unlocking economic value for businesses, governments, and society.
Contact: Tristan Lebleu, External Relations Lead, Climeworks
tristan.lebleu@climeworks.com | +41 78 248 91 34
Picture and logos: Climeworks Brand Assets
ZURICH, February 17, 2026 /3BL/ – Climeworks, a global leader in carbon removal solutions, and Tapestry, Inc. (NYSE: TPR), the parent company of Coach and kate spade new york, today announced a new partnership focused on scaling high-quality carbon removal as part of their broader approach to decarbonization.
Through this 10-year agreement, Tapestry has made its first purchase of carbon removals, accessing Climeworks’ most diversified carbon removal portfolio to date. The portfolio combines five high-quality carbon removal pathways, both engineered and nature-based, reflecting a shared commitment to innovation, risk diversification and long-term climate impact.
Sourced by Climeworks’ scientific team, the portfolio includes projects that represent cutting‑edge developments in carbon removal, from accelerating natural mineral processes to generating renewable energy with permanent CO₂ storage and removing CO₂ directly from the air. These approaches are some of the most innovative and scientifically robust carbon removal solutions available today, while delivering strong co-benefits on land and communities. The partnership reflects Tapestry’s ambition to integrate climate‑responsible practices into our business and Climeworks’ leadership in scaling trusted, science-based carbon removal solutions globally.
Tapestry is Climeworks’ first North American customer in the fashion, retail and larger consumer goods industry, underscoring the sector’s increasing interest in carbon removal and more broadly, decarbonization. The company will be using Climeworks’ carbon removal solutions to address its Scope 1 emissions and advance its long-term climate goals.
“We’re thrilled to partner with Tapestry, which is leading the way in fashion,” said Adrian Siegrist, Chief Commercial Officer of Climeworks. “This collaboration not only underscores the retail sector’s growing commitment to climate action, but also shows Climeworks’ leadership in carbon removal portfolio services. Customers are increasingly seeking diversified portfolios of high-quality carbon removal solutions to manage risk and secure timely delivery today, and Climeworks is uniquely positioned to answer that need”.
“At Tapestry, we are focused on reducing emissions across our value chain while investing in solutions that help build a resilient, low-carbon future,” said Logan Duran, Global Head of ESG & Sustainability. “Working with Climeworks allows us to address our Scope 1 emissions through high-quality carbon removal, while supporting innovation and market development in this emerging climate solution space.”
About Tapestry, Inc.
Our global house of iconic accessories and lifestyle brands unites the magic of Coach and kate spade new york. Together, we stretch what’s possible – advancing brands further than they could go alone, expanding their reach to new geographies and generations. Inspired by our consumers, we create experiences and products that build lasting brand love and elevate everyday life. To learn more about Tapestry, please visit tapestry.com.
About Climeworks
Climeworks is a leading high-quality carbon removal provider, combining decades of expertise in Direct Air Capture (DAC) technology with holistic carbon removal solutions.
Climeworks offers an end-to-end enterprise service for premium carbon removal. Its tailored portfolios of nature-based and engineered solutions are designed to maximize business value and minimize risks. The company runs the world’s first two DAC plants in Iceland, demonstrating its core commitment to high-quality carbon removal that is backed by over 15 years of pioneering research, development, and deployment.
By advancing the most reliable solutions in the market, Climeworks accelerates the global transition to net zero, unlocking economic value for businesses, governments, and society.
Contact: Tristan Lebleu, External Relations Lead, Climeworks
tristan.lebleu@climeworks.com | +41 78 248 91 34
Picture and logos: Climeworks Brand Assets
ZURICH, February 17, 2026 /3BL/ – Climeworks, a global leader in carbon removal solutions, and Tapestry, Inc. (NYSE: TPR), the parent company of Coach and kate spade new york, today announced a new partnership focused on scaling high-quality carbon removal as part of their broader approach to decarbonization.
Through this 10-year agreement, Tapestry has made its first purchase of carbon removals, accessing Climeworks’ most diversified carbon removal portfolio to date. The portfolio combines five high-quality carbon removal pathways, both engineered and nature-based, reflecting a shared commitment to innovation, risk diversification and long-term climate impact.
Sourced by Climeworks’ scientific team, the portfolio includes projects that represent cutting‑edge developments in carbon removal, from accelerating natural mineral processes to generating renewable energy with permanent CO₂ storage and removing CO₂ directly from the air. These approaches are some of the most innovative and scientifically robust carbon removal solutions available today, while delivering strong co-benefits on land and communities. The partnership reflects Tapestry’s ambition to integrate climate‑responsible practices into our business and Climeworks’ leadership in scaling trusted, science-based carbon removal solutions globally.
Tapestry is Climeworks’ first North American customer in the fashion, retail and larger consumer goods industry, underscoring the sector’s increasing interest in carbon removal and more broadly, decarbonization. The company will be using Climeworks’ carbon removal solutions to address its Scope 1 emissions and advance its long-term climate goals.
“We’re thrilled to partner with Tapestry, which is leading the way in fashion,” said Adrian Siegrist, Chief Commercial Officer of Climeworks. “This collaboration not only underscores the retail sector’s growing commitment to climate action, but also shows Climeworks’ leadership in carbon removal portfolio services. Customers are increasingly seeking diversified portfolios of high-quality carbon removal solutions to manage risk and secure timely delivery today, and Climeworks is uniquely positioned to answer that need”.
“At Tapestry, we are focused on reducing emissions across our value chain while investing in solutions that help build a resilient, low-carbon future,” said Logan Duran, Global Head of ESG & Sustainability. “Working with Climeworks allows us to address our Scope 1 emissions through high-quality carbon removal, while supporting innovation and market development in this emerging climate solution space.”
About Tapestry, Inc.
Our global house of iconic accessories and lifestyle brands unites the magic of Coach and kate spade new york. Together, we stretch what’s possible – advancing brands further than they could go alone, expanding their reach to new geographies and generations. Inspired by our consumers, we create experiences and products that build lasting brand love and elevate everyday life. To learn more about Tapestry, please visit tapestry.com.
About Climeworks
Climeworks is a leading high-quality carbon removal provider, combining decades of expertise in Direct Air Capture (DAC) technology with holistic carbon removal solutions.
Climeworks offers an end-to-end enterprise service for premium carbon removal. Its tailored portfolios of nature-based and engineered solutions are designed to maximize business value and minimize risks. The company runs the world’s first two DAC plants in Iceland, demonstrating its core commitment to high-quality carbon removal that is backed by over 15 years of pioneering research, development, and deployment.
By advancing the most reliable solutions in the market, Climeworks accelerates the global transition to net zero, unlocking economic value for businesses, governments, and society.
Contact: Tristan Lebleu, External Relations Lead, Climeworks
tristan.lebleu@climeworks.com | +41 78 248 91 34
Picture and logos: Climeworks Brand Assets
** Special assistance offered to North Island Credit Union members whose pay has been disrupted as federal employees **
SAN DIEGO, Feb. 17, 2026 /PRNewswire/ — North Island Credit Union has announced that it will offer special relief programs to support current members whose pay has been affected by the partial government shutdown. Programs include:
- Penalty-Free Certificate Withdrawals: Members with certificate accounts may request early withdrawal to cover expenses with no fees or penalties.
- Reduced Rate (APR) Signature Loans: Members may apply for a signature loan at a 4.00% lower rate than the current lowest rate offered by the credit union. Members may receive up to two times their most recent net paycheck, up to $3,000.
“We know how disruptive and stressful a government shutdown can be for our members and their families,” said North Island Credit Union President/CEO Steve O’Connell. “As a member-owned cooperative, our priority is to stand by our members when they need us most. These relief programs are designed to provide flexibility, ease financial pressure and ensure our members have access to the support and resources they need during this challenging time.”
For more information, members should contact North Island Credit Union at 800.334.8788, visit any credit union branch or go to the credit union’s website.
About North Island Credit Union, a division of California Credit Union
California Credit Union is a federally chartered credit union founded in 1933 with assets of nearly $5.4 billion, over 200,000 members and 26 retail branches. Named a Forbes Best-In-State Credit Union in 2024 & 2025, California Credit Union membership is available to community members and businesses nationwide. The credit union operates in San Diego and Riverside Counties as North Island Credit Union, a division of California Credit Union. Federally insured by the NCUA, the credit union offers a full suite of consumer, business and investment products and services, including comprehensive consumer checking and loan options, personalized financial planning, business banking, and leading-edge online and mobile banking. California Credit Union is certified as a Community Development Financial Institution (CDFI) with a Low Income Designation, offering inclusive products and services to build financial stability in our underserved communities, including a checking account certified as meeting the Bank On National Account Standards. California Federal Credit Union operates as California Credit Union. Visit northisland.ccu.com for more information or follow the credit union on Instagram® or Facebook® @northislandcu.
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SOURCE North Island Credit Union
