Empire State Realty Trust Inc

Common Name
Empire State Realty Trust
Country
United States
Sector
Real Estate
Industry
REIT - Diversified
Employees
667
Ticker
ESRT
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Empire State Realty Trust Inc. is a real estate investment trust (REIT) engaging primarily in owning, managing, and operating office and retail properties in Manhattan and the greater New York metropo...

Empire State Realty Trust's GHG Emissions Data Preview

In 2023, Empire State Realty Trust completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Empire State Realty Trust has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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a
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0000000
Total Scope 2
Market-Based
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a
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a
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0000000
Location-Based
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a
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a
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0000000
Unspecified Calculation Method
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0000000
Total Scope 3
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a
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Empire State Realty Trust’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Empire State Realty Trust’s data sources below and access millions more through our Disclosure Search.

a. Empire State Realty Trust's Sustainability Report 2023
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b. Empire State Realty Trust's Sustainability Report 2021
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Insights into Empire State Realty Trust's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Empire State Realty Trust amounted to 20,831 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Empire State Realty Trust decreased by 14.43%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Empire State Realty Trust's Scope 1 Emissions Over Time

20182019202020212022202302 k4 k6 k8 ktCO2e-8%-24%+48%-27%-37%
  • Total Scope 1
  • Year-over-Year Change

What are Empire State Realty Trust's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Empire State Realty Trust were 3,178 metric tons of CO₂ equivalent (tCO₂e). a

Has Empire State Realty Trust reduced its Scope 1 emissions over time?

Since 2018, Empire State Realty Trust's Scope 1 emissions have decreased by 52.07%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Empire State Realty Trust's Scope 1 emissions decreased by 37.01%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Empire State Realty Trust's Scope 2 emissions?

In 2023, Empire State Realty Trust reported Scope 2 greenhouse gas (GHG) emissions of 8,082 tCO₂e using the market-based method and 17,653 tCO₂e using the location-based method. a

Has Empire State Realty Trust reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Empire State Realty Trust's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Empire State Realty Trust 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Empire State Realty Trust use for Scope 2 reporting?

In 2023, Empire State Realty Trust reported its Scope 2 emissions using the market-based method and using the location-based method. a

Empire State Realty Trust's Scope 2 Emissions Over Time

20182019202020212022202306 k12 k18 k24 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Empire State Realty Trust's Value Chain Emissions

In 2023, Empire State Realty Trust reported 5,771 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of Empire State Realty Trust includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Empire State Realty Trust's Scope 3 Emissions Over Time

20182019202020212022202305.5 k11 k16.5 k22 ktCO2e-7%-18%+4%-69%+7%
  • Total Scope 3
  • Year-over-Year Change

What are Empire State Realty Trust's Scope 3 emissions?

In 2023, Empire State Realty Trust reported total Scope 3 emissions of 5,771 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 0% of these emissions originated from upstream activities such as purchased goods and capital goods, while 100% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Empire State Realty Trust reduced its Scope 3 emissions over time?

Since 2018, Empire State Realty Trust's Scope 3 emissions have decreased by 73.47%, reflecting a declining long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2022), Empire State Realty Trust's Scope 3 emissions remained relatively stable, indicating that Empire State Realty Trust 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Empire State Realty Trust disclose?

In 2023, Empire State Realty Trust reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Empire State Realty Trust's Scope 3 emissions?

In 2023, the largest contributors to Empire State Realty Trust's Scope 3 emissions were: a

  • Downstream Leased Assets (Cat. 13): 5,771 tCO₂e (100%)

Empire State Realty Trust's Scope 3 Emissions by Categories

Downstream LeasedAssets (Cat. 13)(100.0%)

Insights into Empire State Realty Trust's Total Carbon Footprint

In 2023, Empire State Realty Trust reported a total carbon footprint of 26,602 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 10.6% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Empire State Realty Trust's total carbon footprint was Scope 2 emissions, accounting for 66.36% of the company's total carbon footprint, followed by Scope 3 emissions at 21.69%. a

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