Avalonbay Communities
AvalonBay Communities, Inc., commonly referred to as AvalonBay, is a leading real estate investment trust (REIT) headquartered in the United States. Founded in 1978, the company has established a strong presence in major operational regions, including the East Coast, West Coast, and the Pacific Northwest. Specialising in the development, redevelopment, and management of high-quality apartment communities, AvalonBay focuses on creating vibrant living spaces that cater to diverse lifestyles. With a commitment to sustainability and innovation, AvalonBay offers unique amenities and services that enhance the resident experience. The company has achieved notable milestones, including recognition for its environmentally responsible practices and a strong market position within the multifamily housing sector. AvalonBay continues to set industry standards, making it a prominent player in the residential real estate landscape.
DitchCarbon Score
How does Avalonbay Communities'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 Real Estate Services 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 Communities's score of 20 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Avalonbay Communities's reported carbon emissions
In 2022, AvalonBay Communities reported total carbon emissions of approximately 33,395,780 kg CO2e, with Scope 1 emissions at about 278,200 kg CO2e and Scope 2 emissions at approximately 33,395,780 kg CO2e. The company has set ambitious targets to reduce its greenhouse gas emissions, committing to a 53% reduction in Scope 1 and 2 emissions per square foot by 2030, using 2017 as the base year. Additionally, AvalonBay aims for a 47% reduction in Scope 3 emissions per square foot within the same timeframe. Over the years, AvalonBay has demonstrated a commitment to sustainability, with total emissions peaking at about 81,250,000 kg CO2e in 2017. The company has actively disclosed its emissions across all three scopes, with significant reductions noted in recent years. For instance, emissions decreased from approximately 75,823,000 kg CO2e in 2015 to about 47,460,000 kg CO2e in 2020. AvalonBay's climate strategy aligns with industry standards, focusing on reducing operational emissions and enhancing energy efficiency across its portfolio. The company's initiatives reflect a proactive approach to addressing climate change and contributing to a more sustainable future.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2013 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 12,874,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000 |
| Scope 2 | 50,402,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 6,293,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 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 Communities 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.
