New Balance
New Balance Athletics, Inc., commonly known as New Balance, is a prominent American footwear and apparel company headquartered in Boston, Massachusetts. Founded in 1906, New Balance has established itself as a leader in the athletic footwear industry, renowned for its commitment to quality and performance. The company operates primarily in North America, Europe, and Asia, catering to a diverse range of athletic and lifestyle markets. Specialising in running shoes, training gear, and lifestyle apparel, New Balance is distinguished by its innovative designs and emphasis on comfort and fit. The brand is particularly noted for its wide range of sizes and widths, ensuring inclusivity for all athletes. With a strong market position, New Balance has achieved significant milestones, including the introduction of its Made in USA line, which highlights its dedication to domestic manufacturing and craftsmanship.
DitchCarbon Score
How does New Balance's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Apparel Production industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
New Balance's score of 62 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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New Balance's reported carbon emissions
In 2024, New Balance reported total carbon emissions of approximately 20,844,000 kg CO2e for Scope 1, 5,384,337,000 kg CO2e for Scope 2 (market-based), and 5,248,523,000 kg CO2e for Scope 3 emissions. The combined total for Scope 1 and 2 emissions was about 135,814,000 kg CO2e. In 2023, the company recorded Scope 2 emissions of approximately 5,101,618,000 kg CO2e and Scope 3 emissions of about 6,578,270,000 kg CO2e, with a total for Scope 1 and 2 of around 164,149,000 kg CO2e. New Balance has set ambitious climate commitments, aiming to reduce absolute greenhouse gas emissions across its operations (Scope 1 and 2) by 70% by 2030, using 2022 as the baseline year. Additionally, the company is targeting net-zero emissions across all scopes by 2050. These targets are part of their broader sustainability strategy and reflect a commitment to addressing climate change. The emissions data is cascaded from New Balance Athletics, Inc., which is the current subsidiary of New Balance, Inc. This relationship ensures that the company aligns its climate initiatives with industry standards and practices.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 3,377,000 | 000,000,000 | 000,000 | - | 00,000,000 |
| Scope 2 | 8,427,000 | - | 000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 805,904,000 | - | - | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
New Balance is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
