2023 Sustainability Report: Empire State Realty Trust

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ENVIRONMENTAL

INTRODUCTION

SUSTAINABILITY OBJECTIVES AND STRATEGY

SOCIAL

POLICIES AND TRANSPARENT REPORTING

APPENDICES

Roadmap to Net Zero

2007

2009

2010

2012

2019

2021

2022

2023

SEP 2007 • Began

APR 2009 • Announced Empire State Building 1.0 groundbreaking retrofit and provided the industry with a free open-protocol blueprint of what is technically and economically possible DEC 2009 • Implemented High Performance Design and Construction Standards in all leases, which required

JAN 2010 • Purchased

JAN 2012 • Integrated operational best practices from Empire State Building 1.0 into portfolio standards • Partnered with the Natural Resources Defense Council to develop the Tenant Energy Optimization Program. It is based on our work to demonstrate tenants’ role in energy

JAN 2019 • Updated

JAN 2021 • Purchased green-e

JAN 2022 • Achieved carbon neutrality across entire portfolio through a combination of

OCT 2023 • Multifamily and

development of Empire State Building 1.0 deep energy retrofit study

Green-e wind RECs to offset 100% of the Empire State Building’s electricity usage

sustainability standard operating procedures for the portfolio to align with latest advancements and green building certifications OCT 2019 • Began development of ESRT 2.0 Net Zero roadmap

wind RECs to offset 100% of the commercial portfolio’s electricity usage

CT commercial properties Net Zero roadmap studies completed

operational emissions reduction and validated offsets

• Set Net Zero

emissions target for multifamily portfolio by 2035

APR 2021 • Publicly committed to target Net Zero emissions for

APR 2022 • Announced

the Empire State Building by 2030 and commercial portfolio by 2035

ESRT 2.0 Net Zero Emissions study and published the Empire Building Playbook

reduction and to model and prove the business case for highly efficient sustainable tenant spaces. The program was gifted to Urban Land Institute (ULI) to scale

• Empire State

OCT 2022 • Completed all NYC

all Empire State Building projects to be designed and built to and perform at the highest level of efficiency and

Building Net Zero carbon roadmap

commercial Net Zero roadmap studies

case study completed OCT 2021 • Four commercial

environmental responsibility

Net Zero roadmap studies completed

EMPIRE STATE REALTY TRUST: 2023 SUSTAINABILITY REPORT

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