Empire State Realty Trust Achieves Top GRESB 5 Star Rating for Third Consecutive Year; Named Global, Americas Regional, and Americas Regional Listed Sector Leader for Office

Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that it achieved the highest possible Global Real Estate Sustainability Benchmark (GRESB) 5 Star Rating for the third consecutive year with a score of 95. ESRT additionally received a score of 96 and an "A" rating in the Public Disclosure Assessment that measures ESG disclosure activities. ESRT's overall score is the second highest in the most competitive peer group within the U.S, and its Public Disclosure score is ranked first.

"ESRT is an industry leader in efficient, healthy buildings that provide a destination for the market's flight to quality," said Anthony E. Malkin, ESRT chairman, president, and CEO. "This top score from such a reputable assessment serves as another proof point of our value and delivers confidence to our stakeholders."

GRESB is a rigorous standard that assesses and benchmarks the ESG performance of real assets and provides standardized and validated sustainability data to the capital markets. In this year's assessment, ESRT received three sector leader recognitions, which included Global Sector Leader, Regional Sector Leader Americas, and Regional Listed Sector Leader Americas for Office. Additionally, ESRT received top achievement scores in leadership, policies, reporting, stakeholder engagement, targets, tenants and community, data monitoring and review, and building certifications.

ESRT leads the global real estate industry in its sustainability initiatives and achievements, with energy efficiency and decarbonization measures to reduce operational emissions as important factors in ESRT's outstanding GRESB performance. ESRT recently announced that it has achieved carbon neutrality across its 9.9 million square foot commercial portfolio through a 43% portfolio-wide reduction in carbon emissions and all remaining emissions offset by renewable energy credits and biodiverse forest preservation. ESRT is on track to meet its target of net zero emissions with an 80% reduction in operational emissions at the Empire State Building by 2030 and throughout the portfolio by 2035, and transparently reports key ESG and DE&I goals and initiatives through its annual Sustainability Report.

This year, the company also announced the Empire Building Playbook: An Owner's Guide to Low Carbon Retrofits that outlines the step-by-step process for existing commercial buildings to develop a pathway to carbon reduction with proven returns on investment.

"Our groundbreaking sustainability, energy efficiency, and healthy buildings initiatives continue to expand and evolve to drive the industry forward and prove what is possible," said Dana Robbins Schneider, ESRT's SVP, director of sustainability, energy, and ESG.

More information about ESRT's sustainability practices can be found online.

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