AvalonBay Communities Inc
AvalonBay Communities's GHG Emissions Data Preview
In 2023, AvalonBay Communities 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).
AvalonBay Communities 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) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  c | Copy restricted. Please purchase to unlock this data.  c | 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.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
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Verified Sources Behind AvalonBay Communities’s Greenhouse Gas (GHG) Emissions Data
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Insights into AvalonBay Communities's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of AvalonBay Communities amounted to 61,702 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 2022, the total operational greenhouse gas (GHG) emissions of AvalonBay Communities decreased by 4.95%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a b
AvalonBay Communities's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are AvalonBay Communities's Scope 1 emissions?
In 2023, the total Scope 1 emissions of AvalonBay Communities were 14,241 metric tons of CO₂ equivalent (tCO₂e). a
Has AvalonBay Communities reduced its Scope 1 emissions over time?
Since 2018, AvalonBay Communities's Scope 1 emissions have decreased by 28.13%, reflecting a declining long-term trend in Scope 1 emissions over time. a d
Compared to the previous year (2022), AvalonBay Communities's Scope 1 emissions decreased by 6.83%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a b
What are AvalonBay Communities's Scope 2 emissions?
In 2023, AvalonBay Communities reported Scope 2 greenhouse gas (GHG) emissions of 21,396 tCO₂e using the market-based method and 47,461 tCO₂e using the location-based method. a
Has AvalonBay Communities reduced its Scope 2 emissions over time?
Compared to the previous year (2022), AvalonBay Communities's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that AvalonBay Communities 's emissions have plateaued with no significant change in its energy consumption footprint. a b
What methodology does AvalonBay Communities use for Scope 2 reporting?
In 2023, AvalonBay Communities reported its Scope 2 emissions using the market-based method and using the location-based method. a
AvalonBay Communities's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into AvalonBay Communities's Value Chain Emissions
In 2023, AvalonBay Communities reported 405,716 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 2023 disclosure of AvalonBay Communities includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
AvalonBay Communities's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are AvalonBay Communities's Scope 3 emissions?
In 2023, AvalonBay Communities reported total Scope 3 emissions of 405,716 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 42.97% of these emissions originated from upstream activities such as purchased goods and capital goods, while 57.03% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has AvalonBay Communities reduced its Scope 3 emissions over time?
Since 2018, AvalonBay Communities's Scope 3 emissions have increased by 6,408.12%, reflecting a rising long-term trend in Scope 3 emissions over time. a d
Compared to the previous year (2022), AvalonBay Communities's Scope 3 emissions remained relatively stable, indicating that AvalonBay Communities 's emissions have plateaued with no significant change in its value chain footprint. a c
What categories of Scope 3 emissions does AvalonBay Communities disclose?
In 2023, AvalonBay Communities reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol. a b
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of AvalonBay Communities's Scope 3 emissions?
In 2023, the largest contributors to AvalonBay Communities's Scope 3 emissions were: a b
- Downstream Leased Assets (Cat. 13): 231,391 tCO₂e (57.03%)
- Purchased Goods and Services (Cat. 1): 120,703 tCO₂e (29.75%)
- Waste Generated in Operations (Cat. 5): 31,042 tCO₂e (7.65%)
AvalonBay Communities's Scope 3 Emissions by Categories
Insights into AvalonBay Communities's Total Carbon Footprint
In 2023, AvalonBay Communities reported a total carbon footprint of 467,418 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.76% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a b c
The largest contributor to AvalonBay Communities's total carbon footprint was Scope 3 emissions, accounting for 86.8% of the company's total carbon footprint, followed by Scope 2 emissions at 10.15%. a