2022 Sustainability Report: Empire State Realty Trust

ENVIRONMENTAL

INTRODUCTION

ESG OBJECTIVES AND STRATEGY

SOCIAL

GOVERNANCE

APPENDICES

18

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 believe in 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 and to advance our efforts to reduce energy, GHG 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 assessments. Our strategy and implementation of best practices, cutting- edge technologies, and initiatives driven by results position us to set the standard in the built environment. ESRT’s work at the forefront of energy efficiency, for the benefit of our tenants and the environment, is recognized worldwide.

KEY PERFORMANCE INDICATORS

Indoor Environmental Quality

Emissions

Waste

Energy

Green Building Certifications

Water

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

EMPIRE STATE REALTY TRUST: 2022 SUSTAINABILITY REPORT

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