Boston, MA (April 28, 2022) – New Balance today announced its membership in Land to Market, an outcomes-based verified sourcing solution for raw materials coming from verified regenerative land. Regenerative agriculture is a nature-based approach that goes far beyond sustainability to continuously improve the entire ecosystem -- soil, water, air and animals.
“New Balance has a rich history of doing things differently,” said John Stokes, New Balance Director of Global Sustainability. “We are constantly trying to find a better approach and, given the urgency of the climate crisis, collaboration is key. We believe our work is strengthened by like-minded alliances with experts who help extend our reach. Creating and sustaining a healthier planet requires collective effort all the way back through our supply chain, and we couldn’t be more excited for the work ahead with Land to Market.”
New Balance has a holistic approach to climate change with a focus on key areas where the brand can affect change. Polyester and leather are two of the largest drivers of climate impact for New Balance. As a first step toward lowering those impacts, the brand’s goal is to source 50% recycled polyester and 100% preferred leather by 2025. New Balance is working towards these goals with key collaborators that help enable actions and scale progress.
“We are constantly looking for ways to advance and expand our portfolio of environmentally preferred materials,” says Cynthia Maletz, New Balance Director of Product Creation Platforms. “Our relationship with Land to Market will allow us to continually improve the sustainability credentials of our leather, a key priority material for New Balance.”
“Regenerative agriculture repairs the damage that humans have done to the Earth and makes things better,” said Chris Kerston, co-leader of Land to Market. “Without bold action from business, humanity will fail to reach critical climate goals. By joining Land to Market, New Balance has committed to being an action-leader, making impact on the climate crisis by restoring the land through regenerative agriculture.”
Land to Market works directly with farmers, ranchers and other raw material producers using Ecological Outcome VerificationTM (EOV), the science inside of Land to Market, which measures land health and verifies whether farmland is in a state of regeneration or degeneration. EOV was developed by the nonprofit, Savory Institute, together with Michigan State University, Texas A&M, The Nature Conservancy and others.
As farmers and ranchers implement management that regenerates their land, EOV measures the environmental impact and provides feedback for continuous improvement. As more land is regenerated, more vegetation is grown and more CO2 is removed from the atmosphere — helping to reduce rising carbon in the atmosphere. In this way, regenerative agriculture has a critical role to play in addressing climate change.
In 2023, New Balance will introduce a new product made with leather from verified regenerative ranches and is actively working on plans to scale its sourcing further across the supply chain. Products with the Land to Market verification seal contain materials sourced from farms and ranches showing positive environmental outcomes through EOV.
About New Balance
New Balance, headquartered in Boston, MA has the following mission: Demonstrating responsible leadership, we build global brands that athletes are proud to wear, associates are proud to create and communities are proud to host. Manufactured in the U.S. for more than 75 years and representing a limited portion of our U.S. sales, New Balance MADE U.S. is a premium collection that contains a domestic value of 70% or greater. New Balance owns five factories in New England and one in Flimby, U.K. New Balance employs more than 7,000 associates around the globe, and in 2021 reported worldwide sales of $4.4 billion. To learn more about New Balance, please visit www.newbalance.com and for the latest press information please visit http://newbalance.newsmarket.com.
About Land to Market
A leader in the regenerative agriculture movement, Land to Market is the world’s first outcomes-based verified regenerative sourcing solution. The program’s Land to Market Verified seal has attracted some of the world’s leading consumer packaged goods companies, apparel brands and retailers. A program of the Savory Institute, Land to Market uses a science-based approach working directly with raw material producers to enhance transparency and traceability mechanisms across the entire value chain. To see the full list of Land to Market members, visit http://landtomarket.com.
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