2023 Sustainability Report: Empire State Realty Trust

19

ENVIRONMENTAL

INTRODUCTION

SUSTAINABILITY OBJECTIVES AND STRATEGY

SOCIAL

POLICIES AND TRANSPARENT REPORTING

APPENDICES

GOAL:

Energy and Atmosphere Ensure access to affordable, reliable, sustainable, and modern energy for all

• Target 30% water intensity usage reduction by 2035 • Target 2% water usage reduction each year • Implement real-time water metering and software across the portfolio by 2025 • Achieve Better Buildings Challenge Water Reduction Goal of 20% • Target 75% waste diversion rate by 2035 • Target 50% waste diversion rate by 2027 • Target 5% waste generation reduction annually • Perform waste audits at 100% of our commercial buildings quarterly • Building-wide organics composting program across entire portfolio by 2025 • Target 50% energy use intensity reduction by 2035 • Target 20% energy use intensity reduction by 2030 from a 2017 baseline year as part of our participation in the EPA’s Better Building Challenge • 100% NYC tenants submetered and pay based on usage in advance of Local Law 88 (LL88)

2023 PROGRESS: ON TRACK ENERGY USE INTENSITY 4 (kBtu/SF)

50%

site energy use reduction by 2035

ENERGY

97

62.5

58

48

57.8

2009

2021

2035

2022

2023

GOAL:

Clean Water and Sanitization Ensure availability and

2023 PROGRESS: ON TRACK WATER USE INTENSITY 4 (kgal/ft2)

30%

sustainable management of water and sanitation for all

reduction in water intensity by 2035

WATER

0.0196

0.0132

0.0137

0.0134

0.0084

2009

2021

2022

2023

2035

Responsible Consumption and Production Ensure sustainable consumption and production patterns

GOAL:

2023 PROGRESS: ON TRACK WASTE DIVERSION 4

waste diversion rate by 2035 75%

WASTE

75%

39%

37%

36%

2021

2022

2023

2035

4 E SRT commercial office utilization increased approximately 30% over a five-day average (Monday–Friday) and three-day average (Tuesday–Thursday) in 2023 compared to 2022. This occupancy increase contributes to increased emissions, energy and water usage, and waste generation. The data above represents the utility usage of our office and multifamily portfolio. Data is absolute, and is not normalized for weather, occupancy, or other variables which impact usage and are not based on the impacts of efficiency efforts. 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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