Prologis Releases 2011 Corporate Responsibility Report
Annual review highlights company's longstanding commitment to social responsibility and sustainability
26 Apr, 2012, 08:30 ET
SAN FRANCISCO, April 26, 2012 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the leading global owner, operator and developer of industrial real estate, today announced that it has released its annual Corporate Responsibility Report. The report documents the company's 2011 activities related to environmental stewardship, social responsibility, ethics and corporate governance. The complete report is available online only at www.prologis.com/cr.
"Our first annual corporate responsibility report since the merger of ProLogis and AMB Property Corporation represents a milestone in itself," said Steve Campbell, senior vice president, Environmental and Sustainability Programs, Prologis. "Throughout the integration process, we have evaluated and adopted the best practices embodied in our collective cultures. As a 'new' company with a documented track record of sustainable and socially responsible activity, we look forward to continuing to partner with our stakeholders to build a better future."
Topics detailed in the report include sustainable development activity, energy efficiency efforts, community involvement and stakeholder engagement. The report outlines last year's accomplishments, including:
- Certification of 35 million square feet (3.2 million square meters) of sustainable properties across the Americas, Europe and Asia
- Completion of energy-efficient improvements at 41 percent of the properties in the Prologis global operating portfolio
Prologis' 2011 Corporate Responsibility Report incorporates the G3.1 Sustainability Reporting Guidelines and Construction and Real Estate Sector Supplement (CRESS) as released by the Global Reporting Initiative (GRI). The report has been externally assured by the consulting firm Two Tomorrows, and was evaluated against the AA1000 assurance standard. The report has been GRI-checked and meets the requirements for the GRI B+ application level.
Prologis, Inc., is the leading owner, operator and developer of industrial real estate, focused on global and regional markets across the Americas, Europe and Asia. As of December 31, 2011, Prologis owned or had investments in, on a consolidated basis or through unconsolidated joint ventures, properties and development projects expected to total approximately 600 million square feet (55.7 million square meters) in 22 countries. The company leases modern distribution facilities to more than 4,500 customers, including manufacturers, retailers, transportation companies, third-party logistics providers and other enterprises.
SOURCE Prologis, Inc.
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