Avalonbay Communities Sustainability Profile
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.
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 60 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Avalonbay Communities's reported carbon emissions
In 2024, AvalonBay Communities reported total greenhouse gas emissions of approximately 510,956,000 kg CO2e. This total includes Scope 1 emissions of about 14,973,000 kg CO2e, Scope 2 emissions of approximately 18,662,000 kg CO2e (market-based), and significant Scope 3 emissions of around 510,956,000 kg CO2e. The company has set ambitious targets to reduce its carbon footprint, committing to a 53% reduction in Scope 1 and 2 emissions per square foot by 2030, based on a 2017 baseline. Additionally, AvalonBay aims for a 47% reduction in Scope 3 emissions per square foot within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and reflect the company's commitment to addressing climate change within the real estate sector.
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Access structured emissions data, company-specific emission factors, and source documents
| 2013 | 2015 | 2016 | 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 17,729,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 55,873,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 6,293,000 | 0,000,000 | 0,000,000 | 000,000,000 | 0,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Avalonbay Communities's Industry?
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Avalonbay Communities's Scope 3 Categories Breakdown
Avalonbay Communities's Scope 3 emissions, which increased by 7% last year and increased significantly since 2013, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Capital Goods" being the largest emissions source at 22% of Scope 3 emissions.
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Avalonbay Communities's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Avalonbay Communities has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Avalonbay Communities's sustainability data and climate commitments
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