Vornado Realty Trust, founded in 1982, is a leading commercial real estate investment trust (REIT) with a focus on office properties and retail spaces. The company’s ESG rating is supported by efforts to improve energy efficiency, reduce carbon emissions, and invest in green building technologies. However, Vornado faces challenges regarding the environmental impact of its large urban real estate holdings, particularly in terms of energy consumption and urban sprawl. The company has committed to reducing its carbon footprint and improving the sustainability of its portfolio, but questions remain about the overall environmental impact of urban development. For further details, refer to the Vornado Realty Trust ESG report.