ESG frameworks

UN Sustainable Development Goals

Vornado supports the United Nations Sustainable Development Goals (UNSDGs) as a global framework to achieve a more sustainable future for the planet, and improve quality of life for all. As a corporate citizen we uphold and contribute to each of the 17 goals through the environmentally and socially responsible manner in which we run our business and our properties. Below is a selection of metrics and programs where Vornado responds directly to targets identified through the UNSDG 2030 Agenda for Sustainable Development. We will expand upon these disclosures when new metrics and programs develop within the recommended SDG framework.

UN GOAL TARGET

UN GOAL INDICATOR

VNO RESPONSE

3.5 Strengthen the prevention and treatment of substance abuse, including narcotic drug abuse and harmful use of alcohol.

3.5.1 Coverage of treatment interventions (pharmacological, psychosocial, and rehabilitation and aftercare services) for substance abuse disorders

Vornado’s Employee Assistance Program (EAP) and other wellness programs, referenced in the “Our People” section of this report. Our EAP is available to all Vornado employees, which represents our coverage.

3.8 Achieve universal health coverage, including financial risk protection, access to quality essential health-care services and access to safe, effective, quality and affordable essential medicines and vaccines for all.

3.8.1 Coverage of essential health services (defined as the average coverage of essential services based on tracer interventions that include reproductive, maternal, newborn, and child health; infectious diseases; noncommunicable diseases; and service capacity and access, among the general and most disadvantaged population).

Vornado offers all employees universal health coverage through our employee benefits program. Health care services include medical, dental, health and wellness, telemedicine services, seasonal flu shots and preventative screenings. More information can be found in the “Our People” section of this report.

3.a Strengthen the implementation of the World Health Organization Frame-work Convention on Tobacco Control in all countries, as appropriate.

3.a.1 Age-standardized prevalence of current tobacco use among persons aged 15 years and older.

To protect the health of the occupants, employees, and visitors to our building, Vornado transitioned all properties to tobacco-free and smoke-free environments in 2020. While the use of tobacco products and all smoking devices including electronic cigarettes and vaporizers had already been prohibited for all interior spaces, this policy now extends to all exterior property under Vornado’s control.

3.d Strengthen the capacity for all countries, for early warning, risk reduction and management of national and global health risks.

3.d.1 International Health regulations (IHR) capacity and health emergency preparedness

Pertinent to 2020, Vornado’s COVID-19 response and pandemic preparedness program are discussed at length in the Health and Wellness section of this report.

UN GOAL TARGET

UN GOAL INDICATOR

VNO RESPONSE

5.1 End all forms of discrimination against all women and girls everywhere

5.1.1 Whether or not legal frameworks are in place to promote, enforce, and monitor equality and nondiscrimination on the basis of sex.

Vornado Realty Trust is an equal opportunity employer, and strictly prohibits discrimination of all forms on the bases of race, ethnicity, religion, color, national origin, gender, gender identity, sexual preference, age, status as a protected veteran, or status as a qualified individual with a disability.

5.5 Ensure women’s full and effective participation and equal opportunities for leadership at all levels of decision-making in political, economic and public life.

5.5.2 Proportion of women in managerial positions

28% of Vornado’s managerial positions are female. More information can be found in the Social Results section of this report.

UN GOAL TARGET

UN GOAL INDICATOR

VNO RESPONSE

6.4 By 2030, substantially increase water-use efficiency across all sectors and ensure sustainable withdrawals and supply of freshwater to address water scarcity and substantially reduce the number of people suffering from water scarcity.

6.4.1 Change in water-use efficiency over time.

Vornado reduced water consumption 36% in 2020 from 2019 levels. Much of this reduction was due to COVID-19. In prior year, Vornado reduced water consumption by 5.7% in 2019 from 2018.

UN GOAL TARGET

UN GOAL INDICATOR

VNO RESPONSE

7.2 By 2030, increase substantially the share of renewable energy in the global energy mix.

7.2.1 Renewable energy share in the total final energy consumption.

In 2020 Vornado consumed 2.07% of energy from renewable resources. We plan to substantially increase our electricity supply from renewable resources in 2021 and beyond.

7.3 By 2030, double the global rate of improvement in energy efficiency.

7.3.1 Energy intensity measured in terms of primary energy and GDP.

We have measured our energy intensity per square foot. In 2020 our energy intensity was 24.33 kWh / SF.

UN GOAL TARGET

UN GOAL INDICATOR

VNO RESPONSE

9.4 By 2030, upgrade infrastructure and retrofit industries to make them sustainable, with increased resource-use efficiency and greater adoption of clean and environmentally sound technologies and industrial processes, with all countries taking action in accordance with their respective capabilities.

9.4.1 CO2 emissions per unit of value added.

We have measured our GHG emissions per square foot. Our 2020 GHG emissions intensity was .0061 MT CO2e / SF.

UN GOAL TARGET

UN GOAL INDICATOR

VNO RESPONSE

11.2 By 2030, provide access to safe, affordable, accessible and sustainable transport systems for all, improving road safety, notably by expanding public transport, with special attention to the needs of those in vulnerable situations, women, children, persons with disabilities and older persons.

11.2.1 Proportion of population that has convenient access to public transportation, by sex, age, and persons with disabilities.

We measure our access to public transportation by the Transit Scores assigned to our properties, as determined by the agency that assigns Walk Score. In 2020, all of our office properties received a Transit Score of 100, indicating that 100% of our population has convenient access to public transportation.

UN GOAL TARGET

UN GOAL INDICATOR

VNO RESPONSE

12.5 By 2030, substantially reduce waste generation through prevention, reduction, recycling and reuse.

12.5.1 National recycling rate, tons of material collected.

In 2020, Vornado diverted 65% of our waste from the landfill. Our data represents waste collected from about 84% of our total in-service square footage.