New Balance Sustainability Profile
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 63 is higher than 77% 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 10,242,000 kg CO2e from Scope 1 and Scope 2 combined, with Scope 1 emissions at about 6,977,000 kg CO2e and Scope 2 emissions at approximately 3,265,000 kg CO2e. The company also disclosed significant Scope 3 emissions, totalling about 154,890,000 kg CO2e, which includes substantial contributions from upstream transportation and distribution (approximately 75,622,000 kg CO2e) and downstream transportation and distribution (about 70,200,000 kg CO2e). In 2023, New Balance's emissions were lower, with Scope 1 at approximately 3,502,000 kg CO2e and Scope 2 at about 2,822,000 kg CO2e, leading to a combined total of around 6,324,000 kg CO2e for Scope 1 and 2. Scope 3 emissions for that year were reported at approximately 1,184,300 kg CO2e. Despite these figures, New Balance has not set specific reduction targets through the Science Based Targets initiative (SBTi) or other formal climate pledges. The company operates as a current subsidiary of New Balance Athletics, Inc., which may influence its climate strategies and reporting. Overall, New Balance's emissions data reflects a significant carbon footprint, particularly in Scope 3 categories, highlighting the need for ongoing commitment to sustainability and potential future reduction initiatives.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 3,874,000 | 0,000,000 | 000,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 11,593,000 | 0,000,000 | - | 000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 1,161,400 | 000,000,000 | - | 0,000,000 | 0,000,000 | 0,000,000 |
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New Balance's Scope 3 Categories Breakdown
New Balance's Scope 3 emissions, which increased by 31% last year and increased by approximately 33% since 2019, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 13% of total emissions under the GHG Protocol, with "End-of-Life Treatment of Sold Products" being the largest emissions source at 5795% of Scope 3 emissions.
Top Scope 3 Categories
New Balance's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
New Balance has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
