2024 Sustainability Report: Empire State Realty Trust

ENVIRONMENTAL

INTRODUCTION

SUSTAINABILITY OBJECTIVES AND STRATEGY

CORPORATE CITIZENSHIP

GOVERNANCE AND TRANSPARENT REPORTING

APPENDICES

ROADMAP TO BUILDING EFFICIENCY

September Began development of Empire State Building 1.0 deep energy retrofit study 2007

2010

2019

2022

June Published expansion of our Playbook with NYSERDA to share all ESRT properties, including multifamily 2.0 studies 2024

January Purchased Green-e wind RECs to offset 100% of the Empire

January Updated sustainability standard operating procedures for the portfolio to align with latest advancements and green building certifications

January Achieved carbon neutrality across portfolio through a combination of operational emissions reduction and validated offsets April Announced ESRT 2.0 engineering study and published the Empire Building Playbook October Completed all NYC commercial 2.0 engineering roadmap studies

State Building’s electricity usage

October Began development of ESRT 2.0 roadmap

2009

2012

2021

2023

January Integrated operational best practices from Empire State Building 1.0 into portfolio standards Developed the Tenant Energy Optimization Program based on our work to demonstrate tenants’ role in energy 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

January Purchased Green-e wind RECs to offset 100% of the commercial portfolio’s electricity usage April Target deep energy retrofit for the Empire State Building by 2030 and commercial portfolio by 2035 Empire State Building 2.0 roadmap case study completed

April 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 December Implemented High Performance Design and Construction Standards in all leases, which required all Empire State Building projects to be designed and built to perform at the highest level of efficiency and environmental responsibility

October Multifamily and CT commercial properties 2.0 roadmap studies completed Set 2.0 target for multifamily portfolio by 2035

October Four commercial 2.0 roadmap studies completed

23

2024 SUSTAINABILITY REPORT

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