APPENDICES
ESG STRATEGY
ENVIRONMENTAL
SOCIAL
GOVERNANCE
INTRODUCTION
CODE
ACCOUNTING METRIC
2021 DISCLOSURE
WATER MANAGEMENT
IF-RE-140a.1 Water withdrawal data coverage as a percentage of (1) total floor area and
(1) Total water consumption data coverage from the ESRT operational portfolio, as a percentage of total/gross floor area, was equal to 100% in 2021 (excluding two multifamily assets acquired on 12/21/21). (2) 0%
(2) floor area in regions with High or Extremely High Baseline Water Stress, by property subsector
IF-RE-140a.2 (1) Total water withdrawn by portfolio area with data coverage and (2) percentage in regions with
(1) ESRT’s total 2021 water consumed by portfolio area with data coverage was equal to 297,834 m3. (2) 0%
High or Extremely High Baseline Water Stress, by property subsector
IF-RE-140a.3 Like-for-like percentage change in water withdrawn for portfolio area with data coverage, by property subsector IF-RE-140a.4 Description of water management risks and
Like-for-like change in water consumption for the ESRT operational portfolio was -6 in 2020–2021.
Empire State Realty Trust strives to reduce water usage and promote conservation efforts by implementing water conservation initiatives including installing ultra-low flow plumbing fixtures and utilizing efficient cleaning and landscaping practices. This policy applies to all existing assets. ESRT’s water management policy is broken down by asset-level baseline and performance requirements. The baseline requirements entail the identification of current sources and end uses of potable water at the asset, obtaining billing information—such as account and water meter numbers, and metering locations—tracking water usage through ENERGY STAR Portfolio Manager (ESPM) profiles, and using a water intelligence tool, Wint, to identify potential leaks, monitor water use, analyze water use trends, and identify abnormal consumption trend in real time. ESRTs performance requirements seek to maintain these baseline requirements and build upon them by setting and tracking performance goals, ensuring the ESPM profiles are being updated and water conservation best practices are in place, fixing identified leaks, installing high efficiency low-flow fixtures or retrofit low-flow aerators/ fixtures where appropriate and feasible, and engaging with tenants.
discussion of strategies and practices to mitigate those risks
MANAGEMENT OF TENANT SUSTAINABILITY IMPACTS
IF-RE-410a.1 (1) Percentage of new leases that contain a cost recovery clause for
(1) (2) 100% of ESRT’s leases for commercial and retail tenants contain cost recovery clauses for energy efficiency upgrades that benefit the tenant. This equates to 9.4 rentable square feet of office space covered by such language.
resource efficiency related capital improvements and (2) associated leased floor area, by property subsector
IF-RE-410a.2 Percentage of tenants that are separately metered
(1) Empire State Realty Trust submeters 100% of office tenants for grid electricity consumption across the portfolio. (2) ESRT submeters 0% of office tenants for water withdrawal.
or submetered for (1) grid electricity consumption and (2) water withdrawals, by property subsector
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