- Compliance with increasingly stringent emissions regulations (e.g., New York's Local Law 97).
- Potential financial impacts from acute and chronic physical climate risks (flooding, storms, wildfires).
- Managing embedded carbon in construction materials.
AvalonBay Communities, Inc.
Greenhouse gas emissions & sustainability report data
By scope: Scope 1: 15.2K tCO2e/year; Scope 2: 46.2K tCO2e/year (location-based) 33786.2 tCO2e/year (market-based); Scope 3: 36.9K tCO2e/year (waste) 132751 tCO2e/year (purchased goods and services) 994 tCO2e/year (fuel and energy) 5135.54 tCO2e/year (employee commuting) 201945 tCO2e/year (downstream leased assets) 64 tCO2e/year (business travel). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
Renewable Energy
91% of procurable electric load (2021)
of total energy
Waste
1.6K lbs/apartment home
2021
Energy Use
250.0K MWh/year
2021
📊 Emissions by Scope (2021)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 15.2K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 46.2K tCO2e/year (location-based) 33786.2 tCO2e/year (market-based) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 36.9K tCO2e/year (waste) 132751 tCO2e/year (purchased goods and services) 994 tCO2e/year (fuel and energy) 5135.54 tCO2e/year (employee commuting) 201945 tCO2e/year (downstream leased assets) 64 tCO2e/year (business travel) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2019 | 121.8K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced energy costs by $3.8M annually through LED lighting retrofits.
- Installed solar on 23 communities, adding 4.7 MW of renewable power.
- Achieved 59.78% of the target for Scope 1 & 2 emissions intensity reduction (53% target by 2030).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce water consumption (various initiatives)
- Increase renewable energy use (solar, PPAs)
📅 Medium-term
- Achieve 53% reduction in Scope 1 & 2 emissions intensity by 2030.
- Achieve 47% reduction in Scope 3 emissions intensity by 2030.
- Reduce waste to 1631 lbs/apartment home by 2023.
🔭 Long-term
- Net zero emissions (target year not specified, but aiming for within the next 2-5 years)
🌱 ESG Focus Areas
Climate ChangeEnvironmental SustainabilitySocial ResponsibilityGovernance