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Empire State Realty Trust Reaches Carbon Neutrality for Commercial Portfolio

Additional 100% Offset of Non-Electric Usage Through Preservation Support of 9k Acres of Biodiverse Forest

ESRT previously offset electricity with 100% renewable wind power throughout the portfolio

NEW YORK, Sept. 22, 2022 /PRNewswire/ — Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that it achieved carbon neutrality for its 9.9 million square foot commercial portfolio through a combination of its industry leadership in building energy-efficiency retrofit work and a new three-year agreement with 18 Reserves and ACT. The new agreement supports the preservation of close to 9,000 acres of biodiverse forest that will offset 100% of ESRT’s non-electric fossil fuel usage.

ESRT’s continued leadership in sustainability and energy efficiency has already reduced greenhouse gas emissions at the Empire State Building by 54% and the entire commercial portfolio by 43%. ESRT recently published 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 – to guide building owners in the steps to achieve carbon neutrality through emissions reduction with less dependence on offsets and a proven return on investment.

“As legislation, market demand, and climate change risk push real estate owners to meet emissions reduction requirements, companies need to seek out more advanced ways to offset their current usage while they work to reduce emissions,” said Anthony E. Malkin, chairman, president, and CEO at Empire State Realty Trust. “ESRT continues to innovate and implement ways to serve as a destination for high quality tenants and benefit investors with considerable savings and returns. This partnership with 18 Reserves and ACT supports efforts to conserve and protect carbon-sequestering forest on behalf of ESRT and our tenants.”

ESRT views offsets as a tool for emissions mitigation as it actively works towards energy efficiency and reduction in operational emissions within its portfolio. In partnership with a more renewable grid, ESRT is on track to achieve its target of net zero emissions with 80% reduction in operational emissions at the Empire State Building by 2030 and throughout its entire commercial portfolio by 2035, and the remaining 20% covered by qualified offsets. ESRT includes 100% of direct emissions (scope one), indirect emissions (scope two), and indirect downstream leased assets emissions (scope three) as part of their definition of carbon neutrality and commitments to emissions reductions, offsets, and disclosure as all these areas are crucial to achieve carbon neutrality. 

The 9,000 acres of preserved, biodiverse forest, owned by the Department of Forestry and located near Cleveland, Ohio, will fully offset ESRT’s steam and natural gas usage. This initiative complements ESRT’s current offset of all electricity usage with wind renewable energy credits (RECs) at the Empire State Building since 2011 and throughout the portfolio since January 2021 in a long-term partnership with Green Mountain Energy. The 2021 contract made ESRT the nation’s largest user of 100% green power in real estate (source).

“We are focused on our target to reduce operational emissions 80% by 2030 at ESB and 2035 for the entire commercial portfolio,” said Dana Robbins Schneider, ESRT’s SVP, director of energy, sustainability, and ESG. “While we implement measures to achieve this target in partnership with the grid and through ROI-driven projects such as our 3.4MW solar canopy, 8.2MW battery, and 80 EV charging station project in Westchester, NY, we have committed to offset the remaining fossil fuel emissions associated with our portfolio through accredited and impactful sources.”

ESRT regularly invests in and implements measures to reduce the environmental impact of its portfolio and transparently publicly shares its industry-leading practices in energy efficiency, emissions reduction, healthy buildings, and indoor environmental quality.

“Our portfolio remains an attractive offering for tenants whom flight to quality means healthy, energy efficient buildings at an accessible price point,” Malkin added. More information about ESRT’s leadership in sustainability can be found online.

About Empire State Realty Trust

Empire State Realty Trust, Inc. (NYSE: ESRT) is a REIT that owns and manages office, retail and multifamily assets in Manhattan and the greater New York metropolitan area. ESRT owns the Empire State Building, the World’s Most Famous Building, and Tripadvisor’s 2022 Travelers’ Choice Best of the Best Awards #1 attraction in the U.S. and #3 attraction in the world, the newly reimagined and iconic Empire State Building Observatory. The company is a leader in healthy buildings, energy efficiency, and indoor environmental quality and has the lowest greenhouse gas emissions per square foot of any publicly traded REIT portfolio in New York City. As of June 30, 2022, ESRT’s portfolio is comprised of approximately 9.2 million rentable square feet of office space, 700,000 rentable square feet of retail space and 625 residential units across two multifamily properties. More information about Empire State Realty Trust can be found at esrtreit.com and by following ESRT on Facebook, Instagram, Twitter and LinkedIn

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Federal securities laws. You can identify these statements by our use of words such as “assumes,” “believes,” “estimates,” “expects,” “intends,” “plans,” “projects” or the negative of these words or similar words or expressions that do not relate to historical matters. You should exercise caution in interpreting and relying on forward-looking statements, because they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond ESRT’s control and could materially affect actual results, performance or achievements. Such factors and risks include, without limitation, (i) the current public health crisis and economic disruption from the COVID-19 pandemic, (ii) a failure of conditions or performance regarding any event or transaction described above, (iii) environmental uncertainties and risks related to climate change, adverse weather conditions, rising sea levels and natural disasters; and (iv) accuracy of our methodologies and estimates regarding ESG metrics and goals, (v) tenant willingness and ability to collaborate in reporting ESG metrics and meeting ESG goals, (vi) impact of governmental regulation on our ESG efforts, (viii) and other risks and uncertainties described from time to time in ESRT’s and ESROP’s filings with the SEC, including those set forth in each of ESRT’s and ESROP’s Annual Report on Form 10-K for the year ended December 31, 2021 under the heading “Risk Factors.” Except as may be required by law, ESRT and ESROP do not undertake a duty to update any forward-looking statement, whether as a result of new information, future events or otherwise. 

View original content:https://www.prnewswire.co.uk/news-releases/empire-state-realty-trust-reaches-carbon-neutrality-for-commercial-portfolio-301631590.html



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Messika High Jewelry Show: Strength, glamour and jewelry take over Paris Fashion Week

Naomi Campbell, Gigi Hadid, Emily Ratajkowski, Nina Dobrev, Carla Bruni, Elsa Hosk, Derek Blasberg, Taylor Hill, Maya Diab, Enjy Kiwan etc. all gathered around Artistic Director Valérie Messika to celebrate her second runway show

PARIS, Sept. 30, 2022 /PRNewswire/ — For the next installment of her High Jewelry collection “Beyond the light”, Valérie Messika presents 29 silhouettes adorned with diamond sets, each more magnetic than the next. A show filled with femininity, modernity and avant-garde designs, playing on volumes, light effects and unexpected styling.

Naomi Campbell, Taylor Hill, Alton Mason, Toni Garrn, Cindy Bruna…, so many well-known names who graced the catwalk, adorned with exceptional jewellery inspired by a futuristic take on ancient Egypt.

Sizeable breastplates, mouth jewelry, ethereal pieces that accompany movement, captivating multi-colours, transformable pieces… A show under the sign of an assumed ultra-luxury House, unexpectedly mixed with Adidas streetwear looks.

These bold pieces embody the emblematic codes of the House: to dare, to surprise and to excel.

Closing the show, the iconic supermodel Naomi Campbell was adorned with the masterpiece necklace from the “Akh-Ba-Ka” collection.  The exceptional diamonds in this necklace were cut from the same 110-carat rough stone and which alone has 2,550 diamonds, creating a total of 71.49 carats.

In the heart of Paris, in a raw and industrial setting, the mystical aura of ancient Egypt and the eternal brilliance of diamonds illuminated a glamorous front row wearing Messika: Gigi Hadid, Emily Ratajkowski, Nina Dobrev, Carla Bruni, Elsa Hosk, Derek Blasberg, Jasmine Tookes, Maya Diab, Enjy Kiwan and many others.

The friends of the Maison gathered together to celebrate this exceptional fashion show, with a DJ set by Diplo.

A unique High Jewelry evening that opens up an exciting new horizon for Messika.

A selection of pictures are available hereby: https://we.tl/t-H4cwwHw818

Photo – https://mma.prnewswire.com/media/1912110/Messika_1.jpg

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Logo – https://mma.prnewswire.com/media/1651349/Messika_Paris_Logo.jpg

 

Nina Dobrev, Derek Blasberg, Emily Ratajkowski, Gigi Hadid, Valérie Messika, Carla Bruni - Front Row - Défilé Messika haute joaillerie 2022 collection « Beyond The Light » lors de la fashion week PAP femme printemps / été 2023 le 29 septembre 2022 © Agence Bestimage Frontrow - Messika fashion show in Paris on September 29th 2022

 

Emily Ratajkowski, Gigi Hadid, Valerie Messika, Carla Bruni, 2022 Messika

 

Nina Dobrev, Emily Ratajkowski, Gigi Hadid, Valérie Messika et Carla Bruni - Front Row - Défilé Messika haute joaillerie 2022 collection « Beyond The Light » lors de la fashion week PAP femme printemps / été 2023 le 29 septembre 2022 © Agence Bestimage Frontrow - Messika fashion show in Paris on September 29th 2022

 

Emily Ratajkowski, Carla Bruni - Front Row - Défilé Messika haute joaillerie 2022 collection « Beyond The Light » lors de la fashion week PAP femme printemps / été 2023 le 29 septembre 2022 © Agence Bestimage Frontrow - Messika fashion show in Paris on September 29th 2022

 

Messika Paris Logo

 

Contact: presse@messikagroup.com

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Hevo Data Recognized as "One to Watch" in Snowflake's Modern Marketing Data Stack Report

Hevo Data enables joint customers to build end-to-end solutions on Snowflake’s Data Cloud that accelerate data-driven decision making.

SAN FRANCISCO, Sept. 30, 2022 /PRNewswire/ — Hevo Data, the intuitive data pipeline platform, today announced that it has been recognized as an Integration & Modeling ‘one to watch’ in the inaugural Modern Marketing Data Stack Report: Your Technology Guide to Unifying, Analyzing, and Activating the Data that Powers Amazing Customer Experiences executed and launched by Snowflake, the Data Cloud company.

Snowflake’s data-backed report identifies the best of breed solutions used by Snowflake customers to show how marketers can leverage the Snowflake Data Cloud with accompanying partner solutions to best identify, serve, and convert valuable prospects into loyal customers. By analyzing usage patterns from a pool of nearly 6,000 customers, Snowflake identified six technology categories that organizations consider when building their marketing data stacks. These categories include:

  • Analytics
  • Integration & Modeling
  • Identity & Enrichment
  • Activation & Measurement
  • Business Intelligence
  • Data Science & Machine Learning

Focusing on those companies that are active members of the Snowflake Partner Network (or ones with a comparable agreement in place with Snowflake), as well as Snowflake Marketplace providers, the report explores each of these categories that comprise the Modern Marketing Data Stack, highlighting technology partners and their solutions as “leaders” or “ones to watch” within each category. The report also details how current Snowflake customers leverage a number of these partner technologies to enable data-driven marketing strategies and informed business decisions. Snowflake’s report provides a concrete overview of the partner solution providers and data providers marketers choose to create their data stacks.

“Hevo’s strong performance and innovative approach within Snowflake placed them within the ‘ones to watch’ category due to their demonstrated customer success,” said Denise Persson, Chief Marketing Officer at Snowflake. “We look forward to observing their continued momentum in empowering our joint customers, and collaborating on our journey to data-driven marketing.”

Hevo Data was identified in Snowflake’s report as a ‘one to watch’ in the Integration & Modeling category for the ease with which it enables modern marketing teams to achieve accurate, near-real time analytics by integrating and transforming raw data from all their data sources with low latency and zero maintenance.

“Being recognized as a company to watch in Snowflake’s Modern Marketing Data Stack report is a testament to the dedication Hevo demonstrates to our customers,” said Manish Jethani, co-founder and CEO of Hevo Data. “We look forward to continuing to partner with Snowflake to create innovative approaches that empower our customers to adopt a best-of-breed marketing data stack to advance their business and serve their customers.”

Click here to read The Modern Marketing Data Stack: Your Technology Guide to Unifying, Analyzing, and Activating the Data that Powers Amazing Customer ExperiencesAbout Hevo: Hevo is an intuitive data pipeline platform that modern data analytics teams across 40+ countries rely on to fuel timely analytics and data-driven decisions within their organizations. Hevo helps them reliably and effortlessly move and sync data from 150+ SaaS apps and other data sources to any cloud warehouse and turn it analytics-ready through intuitive models and workflows.

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Top MNCs lauded by Frost and Sullivan Institute for their Commitment to ESG with Enlightened Growth Leadership Awards 2022

SANTA CLARA, Calif., Sept. 30, 2022 /PRNewswire/ — Frost & Sullivan Institute commends Best-in-Class Companies with Global Enlightened Growth Leadership Best Practices Recognition for 2022.  Representing around 1% of all global Organizations, the recipients of the Enlightened Growth Leadership Recognition are making noteworthy strides toward ‘Innovating to Zero’.

“Sustainability is a megatrend that many companies are adapting to by developing forward-thinking, socially responsible strategies. An emphasis on sustainability also paves way for opportunities in process and technology innovation,” said Aroop Zutshi, Director, Frost & Sullivan Institute.

Frost & Sullivan Institute follows its proprietary, 8-step, measurement-based methodology, combined with extensive research, in-depth analyses, and benchmarking, to shortlist deserving companies.  Our Global think tank does a comprehensive review of all perspectives on where and how companies enhance the future of the planet.  With performance indicators such as growth excellence, innovation to zero on key global priorities, customer value chain, and technology innovation forming the basis of the selection process, the winners represent the best of the best.

Frost & Sullivan Institute congratulates all recipients of the Enlightened Growth Leadership Best Practices Recognition. As we did last year, we will recognize and celebrate the 2022 recipients at our Virtual Awards Banquet in November.

Recipients:

MKS Instruments, Inc.

Moderna, Inc.

Modivcare Inc.

The Mosaic Company

MSCI Inc.

Mueller Industries, Inc.

Netflix, Inc.

Neurocrine Biosciences, Inc.

Newmont Corporation 

Northland Power Inc.

Novavax, Inc.

NRG Energy, Inc.

Nutanix, Inc.

Nutrien Ltd.

NVIDIA Corp.

Occidental

OGE Energy Corp.

Olympic Steel, Inc.

Omnicell, Inc.

OpenTex

Option Care Health

Ovintiv Inc.

Palo Alto Networks

Par Pacific Holdings, Inc. 

Paycom Software, Inc.

PayPal Holdings, Inc.

PerkinElmer Inc.

Pfizer Inc.

Pinterest, Inc. 

Pioneer Natural Resources

Poly

Primoris Services Corporatio

Parametric Technology Corporatio

Pure Storage

Quaker Houghton

Qualcomm Incorporated 

Qualtrics

QuidelOrtho Corporation

Rayonier Advanced Materials Inc.

Regeneron Pharmaceuticals, Inc.

Renewable Energy Group, Inc. 

About Frost & Sullivan Institute

The Frost & Sullivan Institute (FSI) is a non-profit organization dedicated to utilizing business practices to address global priorities. The genesis of the institute goes back to the vision of either creating, or becoming part of, a solution that addresses threats to humanity. The Institute has identified strategic imperatives for transformation and believes that we can truly accelerate innovation to zero. To learn more about FSI, visit www.frostandsullivaninstitute.org

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Media Contact:

Prerna Mohan

Email: prerna.mohan@frost.com

Related Links

www.frost.com 

www.frostandsullivaninstitute.org

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