2023 Sustainability Report: Empire State Realty Trust

17

ENVIRONMENTAL

INTRODUCTION

SUSTAINABILITY OBJECTIVES AND STRATEGY

SOCIAL

POLICIES AND TRANSPARENT REPORTING

APPENDICES

In the United States, buildings currently consume 70% of electricity and account for nearly 40% of GHG emissions. In major cities such as New York City, the built environment accounts for more than 70% of GHG emissions. 2

At ESRT, we define and act upon the ability of building performance to drive global and local emissions reduction, improve employee health and productivity, bolster our competitive position, mitigate risk, reduce our stakeholders’ exposure to future costs and depreciation of value, and serve as an industry leader in environmental stewardship.

We evaluate current, new, and emerging technologies to optimize performance across our key priority areas, to advance our efforts to reduce energy, emissions, water, and waste, and to improve IEQ. Our decarbonization and sustainability programs take embodied carbon into account to strike a balance between optimization, reuse, and lifecycle use. Our strategy and implementation of best practices, cutting-edge technologies, and initiatives driven by results, positions us to set the standard for the built environment. ESRT’s work at the forefront of energy efficiency,

PERFORMANCE CATEGORIES

GHG Emissions

Energy

Water

for the benefit of our tenants and the environment, is recognized worldwide.

Waste

Indoor Environmental Quality

Green Building Certifications

2 S ource: NYC Mayor’s Office of Climate and Environmental Justice

EMPIRE STATE REALTY TRUST: 2023 SUSTAINABILITY REPORT

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