cOver the last four decades, Prologis has embedded environmental stewardship, social responsibility and governance (ESG) practices across our business. Through our focus on sustainable buildings and investments into industry-leading innovation and technology, we support our customers, communities, employees and shareholders while addressing many of the world’s most pressing challenges. That’s why we’ve committed to achieving net-zero emissions in our operations by 2030, and across our value chain by 2040. Importantly, this work supports our customers in their transition to clean energy and sustainable operations. ESG informs our decision-making from the boardroom to all corners of our global operations. Our commitment to ESG is strengthened further by alignment with the Prologis 3Cs, the company’s strategic blueprint for driving success across the organization: Customer Centricity; Change Through Innovation and Operational Excellence; and Culture and Talent.
Name of the company
Prologis
Name of the president or managing director
Paweł Sapek
The company ESG reporting mode (short description)
Prologis ESG reports were prepared in accordance with the Global Reporting Initiative (GRI) Universal Standards 2021 and covers the topics identified by our most recent materiality assessment. It aligns with the Sustainability Accounting Standards Board (SASB) 2018 Real Estate Standards and with the Task Force on Climate-related Financial Disclosures (TCFD). LRQA, Inc. has provided limited assurance using the AA1000 AccountAbility Principles (AA1000AP 2018).
Green certificates obtained for the investments developed or purchased by your company
BREEAM
LEED
WELL Certificate
The company activities in environmental protection
This report was prepared in accordance with the Global Reporting Initiative (GRI) Universal Standards 2021 and covers the topics identified by our most recent materiality assessment. It aligns with the Sustainability Accounting Standards Board (SASB) 2018 Real Estate Standards and with the Task Force on Climate-related Financial Disclosures (TCFD). LRQA, Inc. has provided limited assurance using the AA1000 AccountAbility Principles (AA1000AP 2018).
The company activities in social responsibility
10% of our employee bonus scorecard is linked to quantitative ESG metrics. We achieved an 87% employee engagement pulse survey score. 44% of our manager positions are held by women. In 2022, more than 2,000 employees completed approx. 7,400 hours of company-provided or company-sponsored learning and development training. In 2022 Prologis Foundation made $6.5 mln in contributions to community organizations around the world. Our employees donated 14,500 h to community organizations in 2022.
The company activities in the corporate governance issue
Prologis has $315B in direct, indirect and induced economic impact per year, according to a study by Oxford Economics. We’ve been named a leading REIT in corporate governance for 20 consecutive years (Green Street). Prologis was included in the Dow Jones Sustainability Index – World for ESG performance among the top 10% of companies globally. Prologis Ventures has invested more than $180M in nearly 40 companies since 2016, including to support ESG-related solutions
