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OrganisationsAvalonbay Communities
Avalonbay Communities logo

Avalonbay Communities

Real Estate ServicesUnited StatesLSE: 0HJO.L
Last verified 5 months agoavalonbay.com

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 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 is recognised for its commitment to sustainability and innovative living solutions.

With a portfolio that includes over 290 communities, AvalonBay stands out for its focus on creating vibrant, amenity-rich environments that enhance the living experience. The company has achieved notable milestones, including being listed on the S&P 500, reflecting its strong market position and financial stability. AvalonBay's dedication to customer satisfaction and community engagement further solidifies its reputation as a leader in the multifamily housing industry.

36
DitchCarbon score

+8 vs industry average

Avalonbay Communities’s score of 36 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

High

Real Estate Services has above-average carbon intensity

Industry performance

0.208
20192025

The Real Estate Services industry has reduced its overall emissions by 42% since 2019

Emissions trajectory 2020 – 2027

000.0M000.0M000.0M000.0M0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Avalonbay Communities's reported carbon emissions

In 2024, AvalonBay Communities reported total carbon emissions of approximately 510,956,000 kg CO2e, comprising 14,973,000 kg CO2e from Scope 1, 18,662,000 kg CO2e from Scope 2, and 510,956,000 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 greenhouse gas emissions by 53% per square foot and Scope 3 emissions by 47% per square foot by 2030, using 2017 as the base year. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect AvalonBay's commitment to sustainable practices within the real estate sector. The company has consistently disclosed emissions data across all scopes, demonstrating transparency in its environmental impact and efforts to mitigate climate change.

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Avalonbay Communities’s Climate Goals (2030 & 2050)

1 goal

2030

53% reduction in all scopes

AvalonBay commits to reduce scope 1 and 2 GHG emissions by 53% per square foot and scope 3 emissions by 47% per square foot by 2030 from a 2…

Insufficient data53%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

See all 1 climate goals

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Scope 3 top emissions categories

7 of 15 categories disclosed
Capital Goods22%
Waste Generated in Operations13%
Purchased Goods & Services12%
Fuel & Energy Activities3%
Employee Commuting1%
Investments0%
Business Travel0%
Capital Goods22%
Waste Generated in Operations13%
Purchased Goods & Services12%
Fuel & Energy Activities3%
Employee Commuting1%
Investments0%
Business Travel0%

See all scope 3 categories

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

2030 targetSee details
Active
CDP

Carbon Disclosure Project

Sign in to view
Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Not active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

See details
Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Avalonbay Communities logoAvalonbay Communities
USReal Estate Services
5 months ago
36
Boston Properties logoBoston Properties
USMembership Services
4 days ago
54
View
Healthpeak Properties logoHealthpeak Properties
USReal Estate Services
16 days ago
44
View
Vornado Realty Trust logoVornado Realty Trust
USReal Estate Services
22 days ago
36
View
Essex Property Trust logoEssex Property Trust
USReal Estate Services
5 days ago
34
View
Equity Residential logoEquity Residential
USReal Estate Services
19 hours ago
32
View
Sun Communities logoSun Communities
USReal Estate Services
19 days ago
30
View

Frequently asked questions

Common questions about Avalonbay Communities’s sustainability data and climate commitments

In 2024, AvalonBay Communities reported total carbon emissions of approximately 511 million kg CO₂e. This includes around 15 million kg CO₂e from Scope 1, about 19 million kg CO₂e from Scope 2, and the vast majority, approximately 477 million kg CO₂e, from Scope 3 emissions. This significant carbon footprint highlights the company's environmental impact and the importance of its sustainability initiatives.

Data year: 2024

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Ditchcarbonv260319.2
[email protected]+44 203 475 7875

Ditch Carbon Ltd

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