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SUSTAINABILITY OBJECTIVES AND STRATEGY
INTRODUCTION
ENVIRONMENTAL
SOCIAL
POLICIES AND TRANSPARENT REPORTING
APPENDICES
Materiality and Stakeholder Engagement
Our 2021 materiality assessment informed our sustainability strategy and ensured the prioritization of the sustainability topics most important to our company and stakeholders. We considered the perspectives and expectations of tenants, investors, brokers, employees, shareholders, members of our Board of Directors, industry peers, and our community. We consistently monitor and evaluate sustainability issues, business needs, and stakeholder expectations. These topics remained relevant to our business and our stakeholders throughout 2023. We will conduct our next materiality assessment in 2024 and assess and align with shifts in circumstances and stakeholder priorities.
Our board oversees our sustainability strategy. Our SVP, Director of Energy, Sustainability, and ESG provides the board with quarterly sustainability updates, including the work of our employee lead Sustainability Committee. ESRT’s Sustainability Committee meets quarterly and includes ESRT’s Chairman and CEO, President, Chief Financial Officer, executives for leasing, property design and construction, property management, legal, marketing, and investor relations teams. Actions and strategies approved by the committee are executed by all departments throughout ESRT.
EMPIRE STATE REALTY TRUST: 2023 SUSTAINABILITY REPORT
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