New Wide, officially known as New Wide Group, is a prominent player in the manufacturing and export industry, headquartered in Vietnam. Established in 2001, the company has carved a niche in producing high-quality textiles and garments, serving major markets across Asia, Europe, and North America. With a commitment to innovation and sustainability, New Wide offers a diverse range of products, including functional fabrics and eco-friendly apparel. Their unique approach to integrating advanced technology in production processes sets them apart in a competitive landscape. Recognised for their exceptional quality and reliability, New Wide has achieved significant milestones, including certifications that underscore their dedication to environmental standards. As a trusted partner for global brands, New Wide continues to strengthen its market position, contributing to the evolution of the textile industry.
How does New Wide'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.
Mean score of companies in the 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.
New Wide's score of 30 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
New Wide (Vietnam) Enterprise Co., Ltd. has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2050. Although specific carbon emissions data for recent years is not available, the company has established significant reduction targets. By 2030, New Wide commits to reducing absolute Scope 1 and 2 greenhouse gas emissions by 42% from a 2021 baseline. Additionally, it aims to cut absolute Scope 3 emissions from purchased goods and services, as well as fuel- and energy-related activities, by 25% within the same timeframe. For the long term, New Wide plans to achieve a 90% reduction in absolute Scope 1 and 2 emissions by 2050, alongside a similar 90% reduction in Scope 3 emissions. These targets align with the Science Based Targets initiative (SBTi) and are consistent with the reductions necessary to limit global warming to 1.5°C. New Wide's proactive approach reflects its commitment to sustainability within the textiles, apparel, footwear, and luxury goods sector, positioning the company as a responsible player in the fight against climate change.
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 Wide 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.