EMPIRE STATE REALTY TRUST: 2021 SUSTAINABILITY REPORT
We perform energy audits on a regular basis (at a minimum every 3 years), procure RECs to offset emissions from electricity consumption, and partner with policymakers to drive a renewable and resilient grid. Our plan to accomplish our 2035 carbon neutrality target is to continue to implement these measures, perform evaluations of emerging technologies, and scope opportunities for on-site or community-based renewable energy and storage where viable. Our Chairman, President and CEO is the Chair of the Real Estate Roundtable’s Sustainability Policy Advisory Committee that focuses on federal legislation and engagement with commissions, departments, and agencies on the federal level. We have promoted energy efficiency throughout our portfolio since 2007 when New York City began its climate leadership under Mayor Bloomberg. ESRT’s participation included work on programs such as:
We implement Real-Time Energy Monitoring, conduct Measurement and Verification (M&V) audits and Tenant Engagement Management analytics, and perform quarterly M&V on energy projects. We partner with ConEdison and New York Independent System Operator (NYISO) on over 8 million square feet of our portfolio in their Demand Response (DR). With DR, we reduce our assets’ electricity usage through peak periods, reduce stress on the grid, and help prevent disruptions to service such as, brown outs and blackouts. All assets have access to a Real-Time meter data (RTM) tool designed for proactive demand management during demand response events.
GLOBAL Science-based Targets Initiative
FEDERAL DOEs Better Buildings Challenge & Better Climate Challenge
NEW YORK CITY NYC’S Green Code Task Force (for the development of PlaNYC, LL84, LL87, etc.)
80x50 Technical Working Group
NYC Mayor’s Carbon Challenge
Climate Mobilization Act LL97 Advisory Board
NYSERDA Empire Building Challenge
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