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The United Nations Global Compact brings companies together to align strategies and operations with 10 principles to advance societal goals. WEPs offer guidance to companies on how they can achieve the highest standards of gender equality and women's empowerment in the workplace

Empire State Realty Trust Becomes America's First Commercial Office REIT to Join Both the United Nations Global Compact and the Women's Empowerment Principles

Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that it is the first commercial office REIT in the U.S. to join the United Nations Global Compact, as well as to commit to the Women's Empowerment Principles (WEPs)

By AP News
Published - Oct 25, 2022, 08:48 PM ET
Last Updated - Jun 14, 2024, 02:16 AM EDT

NEW YORK, Oct. 25, 2022 /PRNewswire/ -- Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that it is the first commercial office REIT in the U.S. to join the United Nations Global Compact, as well as to commit to the Women's Empowerment Principles (WEPs).

The United Nations Global Compact brings companies together to align strategies and operations with 10 principles to advance societal goals. WEPs offer guidance to companies on how they can achieve the highest standards of gender equality and women's empowerment in the workplace.

"ESRT is committed to its industry-leading sustainability practices and culture of inclusion and equity," said Anthony E. Malkin, chairman, president, and CEO at Empire State Realty Trust. "We are pleased to be the first office REIT in the U.S. to adopt the Women's Empowerment Principles and sign on to the United Nations Global Compact to publicly show these commitments."

Both ESRT commitments are voluntary, principles-based approaches to business that meet fundamental responsibilities in human rights, gender equality, labor, environment, and anti-corruption. ESRT's long-term commitment to the United Nations Global Compact and WEPs will accelerate progress towards its aggressive ESG and DE&I goals. Through its annual Sustainability Report, ESRT continues to transparently share its ESG and DE&I strategies, targets, and progress.

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