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 27 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
New Balance's reported carbon emissions
In 2022, New Balance reported total greenhouse gas emissions of approximately 1,394,558,000 kg CO2e globally. This figure includes 3,401,000 kg CO2e from Scope 1 emissions, 1,362,000 kg CO2e from Scope 2 emissions, and about 1,394,558,000 kg CO2e from Scope 3 emissions, which encompasses significant contributions from purchased goods and services (approximately 983,084,000 kg CO2e) and upstream transportation and distribution (around 191,723,000 kg CO2e). New Balance has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 60% by 2030, using 2019 as the base year. Additionally, the company plans to increase its sourcing of renewable electricity from 49% in 2019 to 100% by 2025, maintaining this commitment through 2030. For Scope 3 emissions, specifically from purchased goods and services and upstream transportation and distribution, New Balance targets a 50% reduction by 2030 from the same base year. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to global efforts to limit warming to 1.5°C. New Balance's proactive approach reflects its commitment to sustainability within the textiles, apparel, and footwear sector, positioning the company as a responsible leader in climate action.
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Add to project| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 8,427,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 11,593,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 1,117,854,000 | 000,000,000 | 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 committed to some reduction initiatives 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.
