ENVIRONMENTAL
INTRODUCTION
SUSTAINABILITY OBJECTIVES AND STRATEGY
CORPORATE CITIZENSHIP
GOVERNANCE AND TRANSPARENT REPORTING
APPENDICES
waste diversion rate in 2024 8 44%
WASTE PERFORMANCE
We target to minimize waste generated and divert from landfills at our properties through waste reduction, recycling, composting, donation, and other initiatives. ESRT’s Waste Management Policy outlines the necessary steps for implementation, delegates responsibilities, and provides training to our property managers, project managers, custodial staff, tenants, and third-party waste vendors to improve waste diversion. We place clearly labeled, accessible bins for trash, paper, combined plastic, metal, and glass recycling and composting at all of our assets and loading docks and comply with applicable local codes and regulations. We provide education and engagement programs for our tenants on topics such as recycling, composting, donation programs, and removal of regulated waste such as lamps, batteries, and electronics.
Compost ( 145 ) 3%
Trash ( 2,752 )
56%
4,937 tons
Recyclables ( 2,040 ) 41%
8 Occupancy increased by 16.6% at the Empire State Building and 12.9% across the commercial portfolio in 2024 compared to 2023. This increase in occupancy contributes to increased waste generation. The data above represents waste generation associated with ESRT’s commercial office and multifamily portfolio that were owned for the full calendar year 2024. Data is absolute and is not normalized for occupancy or other variables that impact waste generation apart from ESRT’s and our tenants’ efforts to reduce waste to landfill.
26
2024 SUSTAINABILITY REPORT
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