AvalonBay Communities, Inc. Issues Latest ESG Report
2024年7月23日 - 5:15AM
ビジネスワイヤ(英語)
Company Announces Release of 2023
Environmental, Social, Governance (ESG) Report and Progress Towards
ESG Goals
AVALONBAY COMMUNITIES, INC. (NYSE: AVB) (the “Company”)
announced the release of its thirteenth annual Environmental,
Social and Governance (ESG) Report, summarizing the Company’s
corporate sustainability accomplishments and activities for
calendar year 2023 and highlighting progress towards its long-term
ESG goals.
“I am proud to share AvalonBay’s thirteenth ESG Report,
showcasing our steadfast commitment to the value that
environmental, social, and governance programs bring to our
stakeholders, including our associates, residents, partners,
shareholders, and lenders,” said Benjamin W. Schall, CEO and
President of AvalonBay. “AvalonBay is pleased to be a leader in
this arena, underscoring our belief that proactively managing ESG
matters will drive long-term commercial success and fulfill our
corporate purpose of creating a better way to live.”
AvalonBay continues to be recognized as a corporate
sustainability leader in the real estate industry by maintaining
its “A” rating from MSCI and “A-” rating from CDP, being listed as
one of Newsweek’s America’s Most Responsible
Companies for the fifth consecutive year, and receiving the
Green Lease Leader Gold award from the Institute for Market
Transformation for the first time. Additionally, AvalonBay was once
again listed on Forbes’ Top 100 List of Net
Zero Leaders, representing the only multifamily REIT to make
the list and ranking third for all real estate companies.
Katie Rothenberg, Vice President of ESG, stated, “By
incorporating meaningful environmental, social, and governance
activities into all aspects of our operations, we are building
stronger communities and addressing a major business imperative.
Our 2023 ESG achievements reinforce our commitment to a
comprehensive corporate sustainability strategy that engages key
internal and external stakeholders, drives impact, and minimizes
risk across the enterprise.”
AvalonBay’s notable 2023 ESG achievements include:
- Cumulative progress on its science-based emissions reduction
targets, with a 46.3% reduction in scope 1 and 2 emissions and a
19.6% reduction in scope 3 emissions on an intensity basis (since
baseline year of 2017).
- Advancements in its renewable energy program through the
activation of nine new solar photovoltaic systems, bringing the
total number of operational systems to 60, representing 8.49
megawatts of solar capacity.
- Adoption of an embodied carbon tracking policy for all new
developments requiring the completion of lifecycle assessments
(LCAs) to better understand the sources of embodied carbon and
potential reduction levers.
- Exceeded its waste goal by achieving a 22% reduction in
landfill-bound waste intensity across the portfolio (since baseline
year of 2017).
- Advanced programs to drive awareness and mitigate bias, which
helped the company continue to exceed its 2025 inclusion and
diversity vision (underrepresented minorities constituted 21% of
leadership(1)).
- Recognized as a Best Place to Work for LGBTQ+ Equality by the
Human Rights Campaign for the second year in a row and as a
Diversity & Inclusion Excellence Award winner by Associated
General Contractors.
- $2.57 million in cash and in-kind donations to regional
philanthropy partners and its national partners, the American Red
Cross and National Urban League. Combined, the Company has donated
over $18.3 million cash and in-kind since 2015.
Additional details can be found in our 2023 ESG Report.
(1) Leadership team is defined as
director-level associates and above.
About AvalonBay Communities, Inc.
As of March 31, 2024, the Company owned or held a direct or
indirect ownership interest in 299 apartment communities containing
90,673 apartment homes in 12 states and the District of Columbia,
of which 17 communities were under development. The Company is an
equity REIT in the business of developing, redeveloping, acquiring
and managing apartment communities in leading metropolitan areas in
New England, the New York/New Jersey Metro area, the Mid-Atlantic,
the Pacific Northwest, and Northern and Southern California, as
well as in the Company's expansion regions of Raleigh-Durham and
Charlotte, North Carolina, Southeast Florida, Dallas and Austin,
Texas, and Denver, Colorado. More information may be found on the
Company’s website at https://www.avalonbay.com. Complete copies of
AvalonBay’s current and past annual ESG Reports can be found
here.
Copyright © 2024 AvalonBay Communities, Inc.
All Rights Reserved
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240722861786/en/
Jason Reilley Vice President Investor Relations AvalonBay
Communities, Inc. 703-317-4681
Avalonbay Communities (NYSE:AVB)
過去 株価チャート
から 6 2024 まで 7 2024
Avalonbay Communities (NYSE:AVB)
過去 株価チャート
から 7 2023 まで 7 2024