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SUSTAINABILITY OBJECTIVES AND STRATEGY
INTRODUCTION
ENVIRONMENTAL
SOCIAL
POLICIES AND TRANSPARENT REPORTING
APPENDICES
Goals for Quantifiable Improvement
• Achieve Net Zero, 80% operational emissions reduction, at the Empire State Building by 2030 and across the entire portfolio by 2035 • Meet the Empire Building Challenge and commit to leadership at a statewide level • Achieve SBTi emissions reduction targets consistent with 1.5˚C climate scenario • Participate in CDP Supply Chain program to collect Scope 3 primary data from suppliers • 50% reduction in energy use intensity by 2035 across entire portfolio • 20% reduction in energy use intensity by 2030 from a 2017 baseline year as part of our participation in the EPA’s Better Building Challenge from 2018 baseline year • 100% NYC tenants submetered and pay based on usage in advance of Local Law 88 (LL88)
• 75% waste diversion rate by 2035 • 5% reduction in waste generation year over year • Perform waste audits at 100% of buildings annually • Building-wide organics composting program across entire portfolio by 2025
GHG EMISSIONS
WASTE
• Maintain the highest standards for the IEQ in our buildings to improve efficiencies, tenant and resident health, and well-being • Annual air and water testing to meet rigorous standards of WELL v2, Fitwel, and LEED v4.1 • IEQ real time sensor rollout
ENERGY
HEALTHY BUILDINGS
• 30% reduction in water usage by 2035 • 2% reduction in water usage year over year • Implement real-time water metering and software across the portfolio by 2025 • Achieve Better Buildings Challenge Water Reduction Goal of 20% from 2018 baseline
• Focus on total employee well-being across physical, mental, and financial dimensions • Engage and enhance our community through meaningful volunteerism and educational initiatives • Monitor and enhance supply chain diversity with Supplier Gateway • Transparent disclosure of diversity data at board, management, and all employee levels • Execution of our strategic DEI plan to foster a productive workplace environment to boost satisfaction and motivation
DEI IN THE WORKPLACE AND SUPPLY CHAIN
WATER
Portfolio goals use a 2009 baseline year unless otherwise stated. Empire State Building initial calibrated energy model is based on full year 2007 data.
EMPIRE STATE REALTY TRUST: 2023 SUSTAINABILITY REPORT
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