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Apparel Production
US
updated 2 months ago

New Balance

Company website

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.

41

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.

28

Industry Benchmark

New Balance's score of 41 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.

65%

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New Balance's reported carbon emissions

In 2020, New Balance reported significant carbon emissions, totalling approximately 33,770,000 kg CO2e for Scope 1 and about 8,427,000 kg CO2e for Scope 2 on a market-based approach globally. In the US specifically, their emissions included around 3,377,000 kg CO2e for Scope 1 and approximately 6,030,740 kg CO2e for Scope 2. The company also disclosed substantial Scope 3 emissions, with key contributors being purchased goods and services (approximately 594,239,000 kg CO2e) and upstream transportation and distribution (about 129,998,000 kg CO2e). Despite these figures, New Balance has not set specific reduction targets or initiatives as part of their climate commitments, nor have they reported any climate pledges. The emissions data is cascaded from their parent company, New Balance Athletics, Inc., indicating a structured approach to emissions reporting within their corporate family. Overall, New Balance's climate strategy appears to be in the early stages, with a focus on transparency in emissions reporting but lacking defined reduction targets or initiatives at this time.

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2020
Scope 1
3,377,000
Scope 2
8,427,000
Scope 3
805,904,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. New Balance's primary industry is Wearing apparel; furs (18), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for New Balance is in US, which has a low grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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