AvalonBay
AvalonBay Communities, Inc., commonly referred to as AvalonBay, is a prominent real estate investment trust (REIT) headquartered in Arlington, Virginia. Founded in 1978, the company has established a strong presence in major metropolitan areas across the United States, including New York, California, and the Washington, D.C. region. Specialising in the development, redevelopment, and management of high-quality apartment communities, AvalonBay is known for its commitment to sustainability and innovative living solutions. The company’s unique approach to community design and resident experience has positioned it as a leader in the multifamily housing sector. With a portfolio that includes over 290 communities, AvalonBay has received numerous accolades for its operational excellence and customer service, solidifying its reputation as a trusted name in the industry.
DitchCarbon Score
How does AvalonBay'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 Construction Work 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
AvalonBay's score of 33 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
AvalonBay's reported carbon emissions
In 2023, AvalonBay reported total carbon emissions of approximately 41.1 million tonnes CO2e, comprising 15.4 million tonnes from Scope 1, 23.3 million tonnes from Scope 2, and about 411.3 million tonnes from Scope 3 emissions. This reflects a commitment to transparency in their environmental impact, although specific reduction targets or initiatives were not detailed in their recent disclosures. Over the years, AvalonBay has shown a trend of managing its emissions, with Scope 1 and 2 emissions intensity decreasing to approximately 12,760 tonnes CO2e per full-time equivalent (FTE) in 2023. The company has not publicly committed to specific science-based targets or reduction initiatives, indicating a potential area for future development in their climate strategy. AvalonBay's emissions data highlights the importance of addressing both operational (Scope 1 and 2) and value chain (Scope 3) emissions, which are critical for comprehensive climate action in the real estate sector. The absence of defined reduction targets suggests that while the company is tracking its emissions, it may need to enhance its commitments to align with industry standards and expectations for climate responsibility.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 15,396,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 51,651,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 426,798,000 | 0,000,000 | 0,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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.
AvalonBay is not committed to any 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.
