2022 Sustainability Report: Empire State Realty Trust

ENVIRONMENTAL

INTRODUCTION

ESG OBJECTIVES AND STRATEGY

SOCIAL

GOVERNANCE

APPENDICES

26

WATER PERFORMANCE

WASTE PERFORMANCE

2022 WATER CONSUMPTION 6 (m 3 )

2022 WASTE PERFORMANCE 6 (tons)

581,193

37% waste diversion rate in 2022

23% increase in commercial water consumption compared to 2021

491,491

Multifamily 125,329 Commercial 366,162

3,070 tons

Landfill ( 63% ) Recycling ( 37% )

318,388

297,835

2019

2020

2021

2022

LIKE-FOR-LIKE WATER USE INTENSITY 6 (kgal/ft 2 )

We recycle tenant waste and construction debris throughout our entire portfolio. Our goal is to increase recycling diversion rates and the types of materials recycled, both in daily waste and in renovation and new construction.

0.0132 Kgal/ft 2 2022 water use intensity

0.0160

0.0132

0.0091

0.0084

2019

2020

2021

2022

6 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 water usage and waste generation.

During 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 Manhattan. These portfolio changes and property type differences contribute to changes in usage.

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 in 2022 as compared to 2021.

2022 is the baseline year for multifamily properties and ESRT will share year-over-year comparisons in the 2023 Sustainability Report. 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.

The waste data above represents the commercial portfolio.

EMPIRE STATE REALTY TRUST: 2022 SUSTAINABILITY REPORT

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