Environmental Social Governance Report

Overview

The report describes AvalonBay's 2023 progress in reducing emissions, including a 46% reduction in scope 1 and 2 emissions and a 20% reduction in scope 3 emissions from the 2017 baseline. It also highlights green electricity procurement covering 85% of procurable common-area electric load and continued solar expansion. The company reports 3,034 associates and a board that is 27% female. External limited assurance was expanded to include scope 3 energy and GHG emissions from downstream leased assets.

Document

Report type: Sustainability Report
Class: Dedicated
Scope: Full report
Fiscal year: 2023
Period: 1 January 2023 – 31 December 2023
Language: English
Pages
File size

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP
Other

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

GRI level
SBTi status
CDP score

Materiality

Assessment
Basis
Matrix

Assurance

Provider
Level
Standard
Scope
Statement included

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