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 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 restricted. Please purchase to unlock this data. | 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) | Copy restricted. Please purchase to unlock this data. | 2030 |
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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.
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.
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.