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APPENDICES
INTRODUCTION
SUSTAINABILITY OBJECTIVES AND STRATEGY
ENVIRONMENTAL
SOCIAL
POLICIES AND TRANSPARENT REPORTING
LONG TERM INCENTIVES
Long Term Incentives
ESRT’s long term incentive program provides restricted stock units. The average payout is 4 years and 100% or all workforce below senior management level are eligible for this program, either yearly or on certain anniversary dates.
TURNOVER RATE
FY 2020 FY 2021 FY 2022 FY 2023
Total employee turnover rate
15.9%
15.5% 24.2%
15.4%
Voluntary employee turnover rate
9.7% 10.5%
12.8%
8.6%
TREND OF EMPLOYEE WELLBEING
FY 2020 FY 2021 FY 2022 FY 2023 TARGET FOR 2023
% of employees with top level of engagement, satisfaction, or wellbeing
96%
88%
89%
89%
90%
TENANT SATISFACTION MEASUREMENT
FY 2020 FY 2021 FY 2022 FY 2023 TARGET FOR 2023
Satisfaction of tenants
not available*
81%
89%
90%
90%
*Due to the COVID-19 pandemic survey was not administered
OCCUPATIONAL HEALTH AND SAFETY FATALITIES
FY 2020 FY 2021 FY 2022 FY 2023
Employees
0
0
0
0
Contractors
0
0
0
0
DART (DAYS AWAY/RESTRICTED OR TRANSFER RATE)
FY 2020 FY 2021 FY 2022 FY 2023
Employees
0.701
0.76
1.93
1.58
EMPIRE STATE REALTY TRUST: 2023 SUSTAINABILITY REPORT
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