New Balance

In 2024, New Balance reported total carbon emissions of approximately 1,560,000,000 kg CO2e, comprising Scope 1 emissions of about 6,977,000 kg CO2e, Scope 2 emissions of approximately 3,265,000 kg CO2e, and Scope 3 emissions of around 1,548,900,000 kg CO2e. This data is cascaded from its parent company, New Balance Athletics, Inc., reflecting the company's commitment to transparency in its environmental impact.

New Balance has not set specific reduction targets under the Science Based Targets initiative (SBTi) or other formal climate pledges. However, the company is actively engaged in various sustainability initiatives, although detailed reduction targets have not been disclosed.

The emissions data indicates a significant reliance on Scope 3 emissions, which typically encompass the majority of a company's carbon footprint, particularly in the retail and manufacturing sectors. New Balance's commitment to addressing its carbon emissions aligns with industry standards, as companies increasingly focus on reducing their environmental impact.