Name of the company
Prologis
Name of the president or managing director
Paweł Sapek
The company ESG reporting mode (short description)
Our annual sustainability report details our progress, updates our data and metrics, and aligns with sustainability reporting frameworks. We also make public important policies that guide our ESG efforts.
Our latest ESG report - https://prologis.getbynder.com/m/40de827ea131cc4/original/2021-22-Prologis-ESG-Report.pdf
Executive summary of ESG Report - https://prologis.getbynder.com/m/647f7b863eed02e6/original/2021-22-Prologis-ESG-Executive-Summary.pdf
This report was prepared in accordance with the Global Reporting Initiative (GRI) Universal Standards 2021 and covers the topics identified in 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).
Lloyd’s Register Quality Assurance (LRQA) has provided limited assurance of this report using the AA1000 AccountAbility Principles (AA1000AP 2018).
Green certificates obtained for the investments developed or purchased by your company
We will do it later :)
The company activities in environmental protection
Prologis net zero goals:
• Net zero emissions by 2040 across our value chain
• Net zero emissions from our operations (scopes 1 and 2) by 2030
• Enabling our customers’ decarbonization goals by deploying 1 GW solar, supported by energy storage, by 2025
At Prologis, our approach to sustainable logistics is customer centric. This includes reducing energy use and emissions in both construction and operations; generating renewable energy for use in our buildings;
and providing energy and mobility solutions such as energy generation, storage and EV charging: In numbers:
* 325MWsolar generation onsite as of April 30, 2022, enough to power >60,000 U.S. homes in a year
* 195MSFof certified sustainable space, equal to more than five Central Parks (New York City)
* 38%reduction in scope 3 emissions since 2016
* Net Zeroacross our operations by 2030 and across our value chain by 2040 (goal)
We can optimize energy use and minimize greenhouse gas (GHG) emissions by:
* Operating buildings more efficiently (electrification, LED lighting, cool roofs, responsible water use, biodiversity, PARKlife initiative)
* Generating and delivering renewable energy to our customers to support their operations, including their use of EVs
* Pursuing sustainable building certifications for all new developments and
redevelopments.
Our portfolio includes more than 550 buildings with sustainable certifications from LEED,BREEAM,WELL,CASBEE,DGNB,HQE and other best-in-class certifiers.
The company activities in social responsibility
Our employees are the foundation of our business. They implement our strategy and our culture is key to the success. In numbers:
* 88% employee engagement score
* 46%of manager positions held by women
* 5 ERG screated to advance inclusion for our African American, Asian American, Latinx, LGBTQIA+ and women employees
* 7800 hours of learning, development and training delivered in 2021.
We work in partnership with local leaders and organizations to create jobs and job training programs; promote health and safety; and enhance recreational and transit infrastructure. These efforts, together with our employees’ community engagement activities, help create a more stable and predictable business environment for Prologis and our customers, and support social wellness and well-being in the communities we serve. In numbers:
* $226Bin direct, indirect and induced economic impact per year
* 13,000 people trained in logistics through our Community Workforce
Initiative since 2018
* 1.2Msquare feet of space worth $5.4 million in in-kind rent donated to 30 charities through Space for Good
* 33,000hours supporting local nonprofits (since 2019)
The community impact we create goes beyond the value of our operations to include community giving and volunteering. We focus these efforts in three areas: education, the environment and community support.
On our annual IMPACT Day, we close our offices and encourage every employee to participate in a volunteer event in the region where they work.
The company activities in the corporate governance issue
Prologis’ government affairs team advocates on issues directly relevant to our business and industry, including but not limited to:
• Green energy and sustainable development
• The transition to zero emissions vehicles and electric charging infrastructure
• Investments in workforce training and development in logistics
• Tax policies that impact the REIT business model and our shareholders’ investments in REITs
• Land use policy and the development of supply chain infrastructure
Prologis’ approach to political accountability and transparency is governed by a policy entitled “Our Participation in the Political Process.” This policy,
which is further reinforced by our Code of Ethics.
Prologis is a member of certain trade associations, including NAREIT and NAIOP, through which we engage with policymakers and other stakeholders. We have informed our major U.S. trade associations and relevant 501(c)(4) organizations that they are prohibited from applying any Prologis funds to support contributions to any U.S. federal or state candidate or political party. On an annual basis, the governance committee of our board of directors receives an update on our public policy priorities, lobbying expenditures, information regarding our memberships, payments to trade associations and political contributions. Starting in 2022, we will post annual lobbying expenditures on our corporate website.
The company website
https://www.prologis.com/sustainability