In 2024, Advance Residence Investment disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
Advance Residence Investment disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
| Metric (GJ) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Energy Consumption | 55,044a | 55,102a | 51,386a | |
Non-Renewable Energy Consumption | 0a | 55,102a | 51,386a | |
Renewable Energy Consumption | 55,044a | N/A | N/A |
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In 2024, Advance Residence Investment consumed a total of 55,044 Gigajoules of energy across its operations. Of this total, 100% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 0% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.a
In 2024, Advance Residence Investment consumed a total of 55,044 Gigajoules of energy, of which 100% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.a
This high level of renewable energy use suggests that Advance Residence Investment has taken strong steps toward decarbonizing its energy supply and reducing its dependence on fossil fuels.
Since 2019, Advance Residence Investment's total energy consumption decreased by 1.58%, and remained stable in 2024, suggesting earlier reductions may have leveled off.a