Environmental, Social, Governance

Letter from Our Chairman, President and Chief Executive Officer and
Our SVP, Director of Energy, Sustainability and ESG

OVERVIEW


We have been industry leaders for more than a decade and share our processes and our work freely with experts, industry, and government. We are excited to share our inaugural Sustainability Report to highlight our work and plans to continue to set the standard for sustainability in real estate.

ENVIRONMENTAL, SOCIAL, GOVERNANCE STRATEGY

ENVIRONMENTAL SUSTAINABILITY

Our industry-leading sustainability strategy and implementation of best practices, state-of-the-art technologies and results-driven initiatives have positioned us to set the standard for real estate companies across the world.
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SOCIAL RESPONSIBILITY

As a company, we are committed to the creative of a diverse, equitable workplace that actively promotes employee development and drives social impact, good corporate governance, and transparency in reporting.
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CORPORATE GOVERNANCE

Our goal is to continually our governance practices, ensure they meet best-in-class practices for our industry and maintain transparent communications to our shareholders.
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AWARDS & ACHIEVEMENTS

14

Properties in Portfolio

10.1

Million Sq. Ft

#1

Most Efficient REIT in NYC

100%

Renewable Energy Portfolio Wide

100% of Portfolio WELL Health-Safety Rated

CARBON NEUTRALITY COMMITMENT


In April 2021, we joined NYSERDA’s Empire Building Challenge and announced our goal to achieve net-zero carbon emissions across our 10.1 million square foot portfolio by 2035.

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THOUGHT LEADERSHIP, INDUSTRY COOPERATION, POLICY ENGAGEMENT


Leadership is a part of Empire State Realty Trust’s mission. We actively engage and hold leadership positions which share information and shape and inform industry standards and government policy.

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THE EMPIRE STATE BUILDING:

NEW YORK’S SUSTAINABILITY ICON

The Empire State Building, the World’s Most Famous Building, is the international icon of the New York City Skyline. An urban campus within a single building, it is modernized and amenitized for the 21st century.

The Empire State Building is also the leading international model for energy efficiency retrofits in the existing built environment. We have already reduced GHG emissions by 40% over the past decade.

To achieve the deep energy retrofit we focused attention on the building’s envelope, mechanical systems, and lighting.


REFLECTIVE BARRIERS

Barriers added behind each steam radiator to allow heat to better make its way into the building



WINDOW INSTALLATION

Comprehensive reconstuction performed and installed to improve the building’s 6,514 windows’ resistance to heat and cold transfer



ENERGY EFFICIENCY

State-of-the-art lighting, insulation and elevator technology installed to improve energy efficiency inside the building.



Certified Since 2010
LEED EB O&M v4 Gold

$4.4 million in annual energy savings


40% anticipated reduction in emissions in the next decade