GOVERNANCE AND TRANSPARENT REPORTING
INTRODUCTION
ENVIRONMENTAL
CORPORATE CITIZENSHIP
APPENDICES
Green Finance
Board and Management Oversight
Stakeholder Engagement
Transparent Disclosure
Risk and Crisis Management
Resilience
Business Ethics
Human and Labor Rights
Occupational Health and Safety
Green Finance In 2024, ESRT issued $225 million in green senior unsecured notes (“Green Bonds”) pursuant to ESRT’s Green Financing Framework (the “Framework”), which further expands the financial impact of our sustainability strategy and our environmental commitments. Eligible projects under the Framework include initiatives focused on: • Energy efficiency • Green building certifications • Renewable energy development and procurement • Pollution prevention and control • Climate change adaptation and mitigation • Water and wastewater management • Clean transportation S&P Global issued a Second Party Opinion (SPO) on our Framework’s environmental credentials and its alignment with the Green Bond Principles of 2021. ESRT’s Green Financing Framework received a Medium Green rating. Under the oversight of its Green Finance Committee, composed of senior leaders, ESRT provided a Green Finance Allocation Report to the investors in the Green Bonds which described how the proceeds were fully utilized in accordance with the Framework. ESRT also has incorporated a sustainability component into our credit facility with Bank of America, N.A., which contains a provision whereby the facility’s pricing can improve upon the company’s achievement of certain sustainability metrics.
63 EMPIRE STATE REALTY TRUST 2025 CORPORATE SUSTAINABILITY REPORT
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