Advance Residence Investment Corp
Advance Residence Investment's GHG Emissions Data Preview
In 2022, Advance Residence Investment completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Advance Residence Investment has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2022 | 2021 | 2020 | 2019 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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Verified Sources Behind Advance Residence Investment’s Greenhouse Gas (GHG) Emissions Data
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Insights into Advance Residence Investment's Operational Emissions
In 2022, the total operational greenhouse gas (GHG) emissions of Advance Residence Investment amounted to 188 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2021, the total operational greenhouse gas (GHG) emissions of Advance Residence Investment decreased by 25.69%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
Advance Residence Investment's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Advance Residence Investment's Scope 1 emissions?
In 2022, the total Scope 1 emissions of Advance Residence Investment were 188 metric tons of CO₂ equivalent (tCO₂e). a
Has Advance Residence Investment reduced its Scope 1 emissions over time?
Since 2018, Advance Residence Investment's Scope 1 emissions have decreased by 14.16%, reflecting a declining long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2021), Advance Residence Investment's Scope 1 emissions decreased by 18.26%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are Advance Residence Investment's Scope 2 emissions?
In 2022, Advance Residence Investment reported Scope 2 greenhouse gas (GHG) emissions of 0 tCO₂e without specifying the calculation method. a
Has Advance Residence Investment reduced its Scope 2 emissions over time?
Since 2018, Advance Residence Investment's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 100%, reflecting a declining long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2021), Advance Residence Investment's Scope 2 emissions (Unspecified Calculation Method) fell by 100% in 2022, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a
What methodology does Advance Residence Investment use for Scope 2 reporting?
In 2022, Advance Residence Investment reported its Scope 2 emissions using an unspecified methodology. a
Advance Residence Investment's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Advance Residence Investment's Value Chain Emissions
In 2022, Advance Residence Investment reported 29,743 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2022 disclosure of Advance Residence Investment includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2021, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
Advance Residence Investment's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Advance Residence Investment's Scope 3 emissions?
In 2022, Advance Residence Investment reported total Scope 3 emissions of 29,743 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 69.47% of these emissions originated from upstream activities such as purchased goods and capital goods, while 30.53% came from downstream activities like product use, distribution, and end-of-life treatment. a
What categories of Scope 3 emissions does Advance Residence Investment disclose?
In 2022, Advance Residence Investment reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Advance Residence Investment's Scope 3 emissions?
In 2022, the largest contributors to Advance Residence Investment's Scope 3 emissions were: a
- Capital Goods (Cat. 2): 18,354 tCO₂e (61.71%)
- Downstream Leased Assets (Cat. 13): 9,080 tCO₂e (30.53%)
- Purchased Goods and Services (Cat. 1): 2,085 tCO₂e (7.01%)
Advance Residence Investment's Scope 3 Emissions by Categories
Insights into Advance Residence Investment's Total Carbon Footprint
In 2022, Advance Residence Investment reported a total carbon footprint of 29,931 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11,730.43% increase compared to 2021, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Advance Residence Investment's total carbon footprint was Scope 3 emissions, accounting for 99.37% of the company's total carbon footprint, followed by Scope 1 emissions at 0.63%. a