AvalonBay Communities Inc

Common Name
AvalonBay Communities
Country
United States
Sector
Real Estate
Industry
REIT - Residential
Employees
2,928
Ticker
AVB
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
AvalonBay Communities Inc. is an equity real estate investment trust (REIT) focused on the development, redevelopment, acquisition, and management of multifamily apartment communities. As one of the p...

AvalonBay Communities's Climate Target Data Preview

As of 2023, AvalonBay Communities has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 intensity-based targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into AvalonBay Communities ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Feet (ft2)
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2030
Intensity-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Downstream Leased Assets (Cat. 13)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Feet (ft2)
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2030

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into AvalonBay Communities's Greenhouse Gas Emissions Pathways

As of 2023, AvalonBay Communities has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does AvalonBay Communities have a target to reduce the emissions from its operations?

As of 2023, AvalonBay Communities has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

AvalonBay Communities's most ambitious operational target is to reduce these emissions by 53% by 2030, compared to a baseline of 0.004 Metric Tonnes of CO2 equivalent (mtCO2e) per Square Feet (ft2) in 2017.

As of 2023, AvalonBay Communities is ahead of schedule on its operational emissions reduction target, having achieved 87.34% of the planned reduction.

AvalonBay Communities's Operational (Scope 1+2) Emissions Pathway

20172023203000000.01BaselineCurrent (-46%)

Does AvalonBay Communities have a target to reduce the emissions from its value chain?

As of 2023, AvalonBay Communities has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 3 out of the 15 Scope 3 categories defined by the GHG Protocol.

AvalonBay Communities's most ambitious value chain target is to reduce these emissions by 47% by 2030, compared to a baseline of 0.006 Metric Tonnes of CO2 equivalent (mtCO2e) per Square Feet (ft2) in 2017.

As of 2023, AvalonBay Communities is lagging behind on its value chain emissions reduction target, having achieved 41.64% of the planned reduction.

AvalonBay Communities's Value Chain (Scope 3) Emissions Pathway

20172023203000000.01BaselineCurrent (-20%)Target 2030 (-47%)
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