Empire State Realty Trust Achieves 2024 ENERGY STAR Sustained Excellence Award

Empire State Realty Trust, Inc. (NYSE: ESRT) today announced that it achieved the 2024 ENERGY STAR Sustained Excellence Award from the U.S. Environmental Protection Agency and the U.S. Department of Energy (DOE) for the second consecutive year. The achievement highlights ESRT’s consistent ENERGY STAR Partner of the Year recognition for outstanding leadership in environmental and public health initiatives, as 100% of the company’s NYC commercial portfolio is ENERGY STAR certified.

“ESRT has prioritized the ‘how’ when it comes to energy efficiency, indoor environmental quality (IEQ), and healthy buildings for more than 15 years. Our second achievement of the Sustained Excellence Award reaffirms our leadership and the power of initiatives to ensure our portfolio is future-ready,” said Anthony E. Malkin, chairman and CEO at Empire State Realty Trust.

ESRT received its initial recognition as ENERGY STAR Partner of the Year in 2020 and has achieved it every year since. Through an industry-leading retrofit at the Empire State Building, ESRT reduced emissions at the building by 56% and subsequently published its Version 2.0 work on the international icon for sustainability, the “Empire Building Playbook: An Owner’s Guide to Low Carbon Retrofits,” co-developed with NYSERDA and supported by other NYC-based landlords and the Clinton Global Initiative. The playbook guides building owners in the steps to achieve carbon neutrality through emissions reduction with a proven return on investment.

The company achieved carbon neutrality for its commercial portfolio in 2022 and its multifamily portfolio in 2023, through a combination of significant reduction in operational emissions and offset of residual emissions through clean energy generation and accredited initiatives, and continues to work toward its target of net zero emissions at the Empire State Building by 2030 and throughout the portfolio by 2035 through a goal of 80% reduction in operational emissions in partnership with a renewably sourced grid aligned with the New York State Climate Leadership and Community Protection Act (CLCPA).

The ENERGY STAR program honors a select group of businesses and organizations that have made outstanding contributions to energy efficiency and the transition to a clean energy economy each year. ENERGY STAR award winners lead their industries in the production, sale, and adoption of energy-efficient products, homes, buildings, services, and strategies.