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 41 is higher than 88% 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 2020, New Balance reported significant carbon emissions across various scopes. In the US, the company emitted approximately 3,377,000 kg CO2e in Scope 1 emissions and about 6,030,740 kg CO2e in Scope 2 emissions (location-based). Globally, New Balance's emissions included approximately 3,377,000 kg CO2e in Scope 1, about 8,427,000 kg CO2e in market-based Scope 2, and a substantial 59,423,900 kg CO2e in Scope 3 emissions, which encompass categories such as purchased goods and services, capital goods, and employee commuting. Despite these figures, New Balance has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction targets suggests that while the company is aware of its emissions, it may not yet have formalised commitments to reduce them in line with industry standards or frameworks such as the Science Based Targets initiative (SBTi). Overall, New Balance's emissions data highlights the need for ongoing efforts to address climate impact, particularly in Scope 3, which represents the majority of their emissions.
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| 2020 | |
|---|---|
| Scope 1 | 3,377,000 |
| Scope 2 | 8,427,000 |
| Scope 3 | 805,904,000 |
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 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.
