AvalonBay Communities Inc
AvalonBay Communities's Climate Target Data Preview
As of 2024, 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 Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Intensity-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Square Feet (ft2) | Copy/Paste is a PRO feature.  a | 2030 |
Intensity-based Target | Scope 3 - Capital Goods (Cat. 2), 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) | 0000000 | 2030 |
Verified Sources Behind AvalonBay Communities’s Climate Targets Data
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Insights into AvalonBay Communities's Greenhouse Gas Emissions Pathways
As of 2024, 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.a
Does AvalonBay Communities have a target to reduce the emissions from its operations?
As of 2024, AvalonBay Communities has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
AvalonBay Communities's most ambitious operational target is to reduce these emissions by 63% by 2030, compared to a baseline of 0.005 Metric Tonnes of CO2 equivalent (mtCO2e) per Square Feet (ft2) in 2017.a
As of 2024, AvalonBay Communities is ahead of schedule on its operational emissions reduction target, having achieved 86.76% of the planned reduction.a
AvalonBay Communities's Operational (Scope 1+2) Emissions Pathway
Does AvalonBay Communities have a target to reduce the emissions from its value chain?
As of 2024, 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.a
AvalonBay Communities's most ambitious value chain target is to reduce these emissions by 61% by 2030, compared to a baseline of 0.006 Metric Tonnes of CO2 equivalent (mtCO2e) per Square Feet (ft2) in 2017.a
As of 2024, AvalonBay Communities is lagging behind on its value chain emissions reduction target, having achieved 50.03% of the planned reduction.a