ENVIRONMENTAL
INTRODUCTION
ESG OBJECTIVES AND STRATEGY
SOCIAL
GOVERNANCE
APPENDICES
25
Environmental Performance
Empire State Realty Trust discloses key environmental performance metrics across energy, GHG emissions, water, and waste to track, evaluate, and improve performance. ENERGY PERFORMANCE
We disclose environmental performance data for all properties where ESRT is the owner. The reporting boundary includes 21 properties owned and controlled by ESRT as of December 31, 2022. We include all properties owned by ESRT and we include all known Scope 1, Scope 2, and Scope 3 downstream leased assets energy, utility, and emissions data in these disclosures. GHG emissions were calculated in accordance with the GHG Protocol, and verification of the data contained herein was conducted in accordance with ISO 14064 Part 3. A similar approach and methodology was utilized for energy, water, and waste data.
GREENHOUSE GAS EMISSIONS PERFORMANCE
2022 ENERGY CONSUMPTION DISTRIBUTION 5 (MWh)
2022 GREENHOUSE GAS EMISSIONS 5 (MTCO 2 e)
Scope 1 ( 6,800 )
4% increase in commercial energy consumption compared to 2021
8% decrease in commercial emissions compared to 2021
Electricity ( 102,886 )
Commercial ( 4,783 ) Multifamily ( 2,017 )
Commercial ( 98,487 ) Multifamily ( 4,399 )
Scope 2 ( 14,048 )
182,946 MWh
44,784 MTCO 2 e
Fuel ( 41,157 )
Commercial ( 13,985 ) Multifamily ( 63 )
Commercial ( 30,197 ) Multifamily ( 10,960 )
Scope 3 ( 23,936 )
Steam ( 38,903 )
Commercial ( 22,730 ) Multifamily ( 1,206 )
Commercial ( 38,903 )
LIKE-FOR-LIKE ENERGY USE INTENSITY 5 (kBtu/ft 2 )
LIKE-FOR-LIKE GREENHOUSE GAS EMISSIONS 5 (MTCO 2 e)
23,936
22,632
100% of commercial portfolio electricity has been offset through the purchase of Green-e Certified Wind Power Renewable Energy Credits
1,206
21,002
88.4
20,318
18,491
16,722 17,341
22,730
66
62.6 61
14,048
57 58
63
6,888 6,800
6,110
13,985
4,643
2,017 4,783
Scope 1
Scope 2
Scope 3
2019
2020 2021
2022
2022 2022
2019
2020
2021
2022 Commercial
2022 Multifamily
5 ESRT commercial office occupancy increased 76% over a 5-day average (Monday – Friday) and 86% over a 3-day average (Tuesday – Thursday) in 2022 compared to 2021. This occupancy increase contributes to increased energy usage and emissions. In April 2022, ESRT transferred back to the lender in a consensual foreclosure, a high-rise office building in Norwalk, CT and in December 2021, acquired two high-rise multifamily buildings in New York, NY. These portfolio changes and property type differences contribute to changes in utility trends, specifically an increase in natural gas usage, attributable to the multifamily properties, and increased emissions. 2022 is the baseline year for multifamily properties and ESRT will share year-over-year comparisons in the 2023 Sustainability Report. Data is not normalized to weather, occupancy, or other variables which impact usage and are not based on the impacts of efficiency efforts. Heating Degree Days (HDD) increased 6% in 2022 compared to 2021 and Cooling Degree Days (CDD) increased 5% in 2022 compared to 2021. These differences in weather and occupancy contribute to increased usage and emissions in 2022 as compared to 2021. The data within this report represents two multifamily properties, 345 E. 94th St and 561 10th Ave, comprised of 625 residential units. 298 Mulberry St acquisition closed on December 20, 2022 and therefore is not included in 2022 data.
EMPIRE STATE REALTY TRUST: 2022 SUSTAINABILITY REPORT
Made with FlippingBook Online newsletter maker