AvalonBay
AvalonBay Communities, Inc., commonly referred to as AvalonBay, is a prominent real estate investment trust (REIT) headquartered in the United States. Founded in 1978, the company has established a strong presence in major metropolitan areas across the East Coast, West Coast, and the Midwest, focusing primarily on the development, redevelopment, and management of high-quality apartment communities. Specialising in multifamily housing, AvalonBay is known for its commitment to sustainability and innovative design, offering a range of amenities that enhance the living experience. The company has achieved significant milestones, including recognition for its environmentally responsible practices and a robust portfolio of properties that cater to diverse demographics. With a strong market position, AvalonBay continues to be a leader in the residential real estate sector, consistently delivering value to its residents and investors alike.
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 21 is higher than 95% 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 41,130,100 kg CO2e, comprising 15,389,000 kg CO2e from Scope 1, 23,316,000 kg CO2e from Scope 2, and 411,301,000 kg CO2e from Scope 3 emissions. This reflects a commitment to transparency in their emissions reporting, covering all three scopes of greenhouse gas emissions. Over the years, AvalonBay has demonstrated a focus on reducing its carbon footprint. For instance, in 2022, the company recorded total emissions of about 42,075,800 kg CO2e, indicating a slight decrease in emissions in 2023. The company has also reported emissions intensities, such as 12,760 kg CO2e per full-time employee in 2023, which showcases their efforts to improve operational efficiency. Despite the absence of specific reduction targets or climate pledges, AvalonBay's ongoing commitment to sustainability is evident through its comprehensive emissions disclosures and the gradual reduction in emissions intensity over the years. The company continues to align its operations with industry standards for climate accountability, reflecting a proactive approach to managing its environmental impact.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2017 | 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.
