AvalonBay Communities, Inc. released its fourteenth annual Corporate Responsibility Report, summarizing its environmental, social, and governance (ESG) accomplishments for calendar year 2024. The report highlights substantial progress towards its long-term sustainability goals.
The company maintained its 'A' rating from MSCI and achieved ISS ESG 'Prime' status, underscoring its leadership in corporate sustainability. AvalonBay also reported a 46.3% reduction in scope 1 and 2 emissions and a 19.6% reduction in scope 3 emissions on an intensity basis since its 2017 baseline.
Notable social achievements include a record 55% associate volunteerism and continued investments in diversity, equity, and inclusion. These efforts demonstrate AvalonBay's belief that long-term business success is intrinsically linked to positive community and environmental impact.
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