Empire State Realty Trust Receives WELL Health-Safety Leadership Award; Becomes Among the First Commercial Office and Multifamily Portfolios in the U.S. to Achieve the WELL Equity Rating Through WELL at Scale
Empire State Realty Trust (ESRT) renews WELL Health-Safety Rating for the third time and achieves WELL Equity Rating, showcasing commitment to occupant health and well-being. ESRT receives IWBI Health-Safety Leadership Award for prioritizing indoor environmental quality measures.
03/28/2024 - 04:23 PM
ESRT is among the first to renew WELL Health-Safety Rating for the third time
NEW YORK --(BUSINESS WIRE)--
International WELL Building Institute (IWBI) – the global authority on healthy buildings, organizations and communities – and Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that the New York -based real estate company is among the first commercial office and multifamily portfolios in the U.S. to achieve the WELL Equity Rating through the IWBI’s WELL at scale pathway. Additionally, ESRT received the 2023 IWBI Health-Safety Leadership Award for its prioritization of occupant health and well-being through industry-leading indoor environmental quality measures and achievement of the WELL Health-Safety Rating across 100% of its portfolio in each year of participation since 2020.
“Our continued leadership and long-term commitments to the wellness and health equity of our tenants and employees is celebrated through our consistent achievements within the IWBI’s WELL at scale program,” said ESRT’s Chairman and CEO Tony Malkin. “Our achievement of the inaugural WELL Equity Rating is a reflection of our accountability and strides in diversity, equity, and inclusion (DEI) within our corporate culture.”
Throughout 2023, ESRT focused on employee health and well-being and promoted an inclusive culture through competitive benefits, employee engagement and volunteerism, and industry-leading practices in sustainability and indoor environmental quality. ESRT was the first commercial real estate portfolio in the Americas to achieve the WELL Health-Safety Rating in 2020 and among the first to commit to WELL at scale and inaugural WELL Equity Rating in 2022.
“Leading organizations that prioritize the health and well-being of their employees and tenants are not only helping cultivate a safer, healthier and more productive workforce, but also experience higher occupancy and retention," said Rachel Hodgdon, president and CEO, IWBI. “We are excited to celebrate Empire State Realty Trust for its steadfast commitment to people-first places. Not only has it achieved the WELL Health-Safety Rating for the third year in a row, but it has also achieved the WELL Equity Rating across its entire portfolio. We commend ESRT for this outstanding leadership milestone.”
The WELL Health-Safety Rating is an evidence-based, third-party verification for all new and existing buildings that focuses on operational excellence and long-term resilience through air and water quality, cleaning procedures, emergency preparedness, health resources and stakeholder engagement. The WELL Equity Rating is a roadmap designed to help organizations act on their diversity, equity, inclusion and accessibility goals, and improve company culture and employee health. ESRT transparently shares targets, practices, and progress in sustainability and DEI through its annual Sustainability Report .
More information about ESRT’s environmental, social, and governance commitments can be found online .
About Empire State Realty Trust
Empire State Realty Trust, Inc. (NYSE: ESRT) is a NYC-focused REIT that owns and operates a portfolio of modernized, amenitized, and well-located office, retail, and multifamily assets. The company is the recognized leader in energy efficiency and indoor environmental quality. ESRT’s flagship Empire State Building – the “World’s Most Famous Building” – includes its Observatory, the #1 attraction in the U.S. in Tripadvisor’s 2023 Travelers’ Choice Awards: Best of the Best for two consecutive years. As of December 31, 2023, ESRT's portfolio is comprised of approximately 8.6 million rentable square feet of office space, 0.7 million rentable square feet of retail space and 727 residential units. More information about Empire State Realty Trust can be found at esrtreit.com and by following ESRT on Facebook , Instagram , TikTok , X, and LinkedIn .
About International WELL Building Institute
The International WELL Building Institute (IWBI) is a public benefit corporation and the world’s leading organization focused on deploying people-first places to advance a global culture of health. IWBI mobilizes its community through the administration of the WELL Building Standard (WELL) and WELL ratings and certifications, management of the WELL AP credential, the pursuit of applicable research, the development of educational resources and advocacy for policies that promote health and well-being everywhere. More information on WELL can be found here .
International WELL Building Institute, IWBI, the WELL Building Standard, WELL v2, WELL Certified, WELL AP, WELL EP, WELL Score, The WELL Conference, We Are WELL, the WELL Community Standard, WELL Health-Safety Rated, WELL Performance Rated, WELL Equity Rated, WELL Equity, WELL Residence, Works with WELL, WELL and others, and their related logos are trademarks or certification marks of International WELL Building Institute pbc in the United States and other countries.
Source: Empire State Realty Trust
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Source: Empire State Realty Trust, Inc.
What is the significance of ESRT renewing the WELL Health-Safety Rating?
ESRT's renewal of the WELL Health-Safety Rating demonstrates its ongoing commitment to prioritizing occupant health and well-being through industry-leading indoor environmental quality measures.
What is the WELL Equity Rating achieved by ESRT?
ESRT achieved the WELL Equity Rating through IWBI's WELL at scale pathway, showcasing accountability and strides in diversity, equity, and inclusion within its corporate culture.
What award did ESRT receive in 2023 related to health and safety?
ESRT received the 2023 IWBI Health-Safety Leadership Award for its consistent achievements in prioritizing occupant health and well-being through industry-leading indoor environmental quality measures.
What does the WELL Health-Safety Rating focus on?
The WELL Health-Safety Rating is a third-party verification focusing on operational excellence and long-term resilience through air and water quality, cleaning procedures, emergency preparedness, health resources, and stakeholder engagement.
What is the WELL Equity Rating and its significance?
The WELL Equity Rating is a roadmap to help organizations act on diversity, equity, inclusion, and accessibility goals, improving company culture and employee health. ESRT achieved this milestone, showcasing its commitment to diversity and inclusion.
