SOCIAL
INTRODUCTION
ESG OBJECTIVES AND STRATEGY
ENVIRONMENTAL
GOVERNANCE
APPENDICES
44
Social Responsibility Our single greatest strength is our people. ESRT prioritizes a safe and respectful workplace for all and invests in the health and well-being of employees to attract, develop, and retain top-tier talent. We recognize the power of each of us as informed individuals with shared missions to serve our customers and our collective power to build value for our stakeholders. The communities where we live and work impact our people every day, and we encourage and allow for our colleagues to make positive impacts on the communities they come from and where our assets are located. Our commitment to bolster the health and resilience of buildings to improve the health, well-being, and satisfaction of our employees and tenants has never wavered. Our team’s diversity and open communication improves ideas and decisions. The engagement, development, and growth of our employees is critical to our success. Our inclusive practices, policies, and behaviors contribute to and create value for our team members, tenants, suppliers, and the communities we serve. Our social responsibility strategy focuses on four core stakeholder groups:
Employees. Our company culture fosters an environment of inclusivity where all our employees can feel safe, respected, heard, celebrated, and valued. We invest in our employees’ career development and education. We set targets for and have measurably increased our workplace diversity. Community. We partner with meaningful organizations that promote equality and protect our planet and give our people the opportunities to drive change for the better. We encourage our team members to volunteer in our communities and make it easy to do so with group volunteer activities and paid days off for volunteer work.
Tenants. Our current and prospective tenants are our top priority, and we create healthy, productive, and sustainably built environments that attract and retain tenants. Our modernized, energy-efficient buildings feature IEQ, and our amenities build a culture of health and inclusivity.
Suppliers. ESRT is committed to foster relationships with high-performing and
underrepresented vendors. We have developed minority- and women-owned business enterprises (MWBE) engagement practices and measure how many of our own dollars find their way to MWBE businesses. We make it clear to our vendors that we expect them to promote an inclusive work environment and promise their adherence to our Vendor Code of Conduct.
EMPIRE STATE REALTY TRUST: 2022 SUSTAINABILITY REPORT
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