April 2021
2020 was an unprecedented year in so many ways. We worked hard, pivoted, and flexed to support our business, our stakeholders, and our colleagues. ESRT benefited from our more than a decade of groundbreaking, industry-leading work on healthy buildings, Indoor Environmental Quality (IEQ), and sustainability. We were in a position to focus on people, service, and the runway for our business. Our bold focus on Environmental, Social and Governance (ESG) matters continues. We have formally committed to achieve net-zero carbon emissions at the Empire State Building by 2030 and across our portfolio by 2035. We formalized and strengthened our commitments to Diversity, Equity, and Inclusion (DE&I) through the establishment of social impact goals and transparency in reporting key diversity metrics. We are a resilient organization that adapts and leads to deliver long-term value to our shareholders through excellence in our ESG performance. Sustainability, including energy efficiency, IEQ, and healthy buildings, is in our DNA and what we do every day. We use our experience and expertise to lead our business and engage with local, state, and federal government and inform our industry. Now we deliver our first Sustainability Report. We present the pathway to a confident return to the office in a post-COVID world. We are the first commercial office portfolio in Americas to achieve the WELL Health-Safety Rating, a third-party validation of our IEQ. We are now deep into version 2.0 of our work to bring more innovation in energy efficiency and IEQ. We will continue to deliver tangible emissions reductions, drive the industry forward, and report transparently on our efforts and milestones. Please read on and learn of our progress to date and plans for the future. We welcome the chance to share them with you. We recognize that DE&I is more than the policies and programs we implement. We strive to be an equitable employer and respect the unique needs and perspectives of all team members. Our leadership and embedded expertise have prepared us for unanticipated challenges, and our strong ESG foundation has become more important than ever. 2020 has underscored the benefits to our stakeholders of our long-term investments and unwavering commitment to sustainability.
Dana Robbins Schneider SVP, Director of Energy, Sustainability, and ESG
Anthony E. Malkin Chairman, President, and Chief Executive Officer
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