SOCIAL
ESG STRATEGY
ENVIRONMENTAL
GOVERNANCE
APPENDICES
INTRODUCTION
21% In 2021, we awarded over 21% of contracts totaling nearly $7mm to MWBE business owners.
Brokers Our brokers receive continuous education on our actions to ensure they understand the details and clearly convey our value proposition, including frequent training sessions on ESRT’s High-Performance Sustainable Healthy Building guidelines, health and wellness initiatives, awards, community engagement, corporate social responsibility events and initiatives. Our procurement practices promote the procurement of sustainable goods, such as green cleaning products and sustainable building materials, as a method of fostering health and wellness of our employees and tenants. In 2021, we implemented programs to drive Supply Chain Diversity through inclusion of underrepresented groups in all bids. In 2021, we awarded over 21% of construction project contracts totaling nearly $7mm to MWBE (minority and women owned business enterprise) business owners. Vendors and Procurement We have implemented new initiatives to audit vendors, services, contractors, and supply chain diversity and emphasize the importance of diversity. Our Vendor Code of Conduct guides ESRT vendors to meet our mandates and helps promote and measure sustainability, diversity, and ethical conduct in our vendor relationships. We seek vendors that provide products and services that embrace ESRT’s commitment and enforce the Code provisions throughout their organization and across our supply chain. In 2021, all vendors signed on to ESRT’s Vendor Code of Conduct. Diversity, Equity & Inclusion ESRT fosters a community of diverse perspectives and experiences that enhance the effectiveness of our decision-making and innovation. We aim to develop an inclusive and diverse workplace where employees can bring their whole selves to their roles. The implementation of training and development programs, diversity-focused strategies, and transparent reporting of progress with our stakeholder groups that include tenants, investors, and employees, we host a diverse, equitable, and inclusive environment based on our measurable goals. DE&I strengthens our workforce and furthers a stable, supportive, and productive work environment.
100% of brokers completed sustainability training in 2021
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