SL GREEN REALTY CORP. 2019 SUSTAINABILITY REPORT
CEO LETTER
KEY ACHIEVEMENTS
ENVIRONMENTAL
SOCIAL
GOVERNANCE
045
STAKEHOLDER ENGAGEMENT
Materiality In 2018, SL Green performed a complete materiality assessment that was informed by stakeholder engagement processes. A detailed description of the materiality assessment process is presented below. SL Green's materiality assessment involved highlighting the sustainability topics that were most meaningful to stakeholders and relevant to the company. To initiate the materiality pro- cess and substantiate the chosen material topics, SL Green engaged priority stakeholders in 2018 and continues to engage stakeholders on an ongoing basis. While targeted engagement was not undertaken solely for the purpose of this report, ongoing stakeholder engagement continues to inform reporting content.
As part of the materiality assessment, a quantitative analysis was performed to rank all aspects based on importance to, and potential impact on, SL Green and priority stakeholders. SL Green chose to include the material topics — those that fell in the top quartile of the materiality matrix — and an assortment of nonmaterial topics — those that fell outside the top quartile but were nevertheless important to the Company and its stakeholders. The SL Green Executive Team reviewed the topics and approved the inclusion of them in this year's report. The topics cover Environmental, Social, and Governance aspects and include several metrics from the real estate sector supplement. The chosen aspects were then paired with the respective GRI key performance indica- tors in the materiality matrix below:
SL Green identifies stakeholders as those who affect SL Green’s business, and those who are potentially affected by the business. The following table includes examples of topics raised by SL Green’s stakeholders.
STAKEHOLDER GROUP
ENGAGEMENT FREQUENCY
ENGAGEMENT METHOD
TOPICS RAISED
Board of Directors
→ → Energy, Emissions, Water, Local Community, Economic Performance, Environmental Compliance, Socioeconomic Compliance → → Freedom of Association and Collective Bargaining, Diversity, Nondiscrimination, Equal Pay, Occupational Health and Safety, Employment, Training and Education, Child Labor, Forced or Compulsory Labor, Labor/Management Relations → → Energy, Emissions, Water, Effluents and Waste, Local Community, Economic Performance, Environmental Compliance, Socioeconomic Compliance → → Energy, Emissions, Water, Environmental Compliance, Effluents and Waste, Public Policy, Local Community, Customer Privacy, Economic Performance, Indirect Economic Impacts
→ → Sustainability Report → → Institutional Investor Conference → → Annual Presentation
Annual
Employees
→ → Annual Town Hall → → Annual Employee Survey → → Ongoing Program Updates → → Training and Education → → Volunteerism
Ongoing
Executive Team
→ → Annual Presentation → → Institutional Investor Conference → → Quarterly Status Report → → Annual Sustainability Report
Monthly
Energy; Emissions; Occupational Health and Safety; Socioeconomic Compliance; Economic Performance; Environmental Compliance
Anti-competitive Behavior; Anti-corruption; Public Policy
Water; Effluents and Waste; Local Community; Customer Health and Safety; Security
Industry Peers
→ → Joint Ventures → → Sustainability Committees → → Trade Associations
Ongoing
Human Rights Assessment; Supplier Social Assessment; Child Labor; Forced or Compulsory Labor
Materials; Data Privacy
Indirect Economic Impacts; Labor/Management Relations; Employment
Customer Privacy; Equal Pay; Training and Education; Freedom of Association and Collective Bargaining; Diversity; Non-discrimination
Investors
→ → Economic Performance, Anti-corruption, Environmental Compliance, Socioeconomic Compliance, Diversity
→ → Annual Report & 10-K → → Proxy Statement → → Sustainability Report → → Sustainability Website Updates → → Philanthropy → → Volunteerism → → Business Improvement Districts → → Civic Engagement → → Energy Management → → Green Building Certification → → Sustainability Policy Development → → Town Hall → → Biannual Tenant Satisfaction Survey → → Newsletter and Webinar → → Green Building Certification
Ongoing
Market Presence; Marketing and Labeling
Procurement Practices; Supplier Environmental Assessment; Biodiversity
Local Community
→ → Energy, Emissions, Water, Effluents and Waste, Indirect Economic Impacts, Local Community, Biodiversity, Public Policy
Ongoing
Sustainability Consultant
→ → Energy, Emissions, Water, Environmental Compliance, Effluents and Waste, Public Policy, Supplier Environmental Assessment → → Security, Customer Health and Safety, Materials, Energy, Emissions, Procurement Practices, Customer Privacy
Ongoing
Tenants
Ongoing
IMPACT OF SL GREEN
Vendors
→ → Energy, Emissions, Water, Environmental Compliance, Effluents and Waste
→ → Energy Management → → Green Building Certification → → Training and Education
Ongoing
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