ProLogis Releases Third Annual Sustainability Report

April 23, 2009 at 6:52 pm | Posted in News from Members | Leave a comment
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The Report includes new and updated information about the company’s environmental, social and economic performance during 2008. The complete web-based report is available at http://ir.prologis.com/index.cfm

During ProLogis’ third year of reporting, we made significant strides in refining what our commitment to sustainability means while also meeting several key initiatives, such as expanding the scope of our global carbon management strategy and establishing a board-level Sustainability Committee,” said Walt Rakowich, ProLogis chief executive officer. “We are pleased to be able to share our progress from 2008 and look forward to further updating our stakeholders in the future as our programs continue to mature and evolve.

Topics detailed in the report include carbon management, renewable energy, energy efficiency, community engagement, social investment, corporate governance and business excellence. The report also outlines several milestones realized by the company since last year’s report, including:

  • The appointment of a Chief Sustainability Officer and establishment of a Board Sustainability Committee, the members of which have relevant experience and background in sustainability;
  • Receipt of external validation from two new global sustainability indexes, the Dow Jones Sustainability Index and the S&P U.S. Carbon Efficient Index; and,
  • The completion of the first U.S. rooftop lease with Southern California Edison for solar panel installations in the first half of 2008 and a second rooftop lease with Portland General Electric.

ProLogis’ Sustainability Report is presented in accordance with guidelines issued by the Global Reporting Initiative (GRI), an international, multi-stakeholder network through which a recognized sustainability reporting framework has been developed. It has been externally assured by Two Tomorrows, a world-leading sustainability consultancy, and meets GRI B+ reporting level requirements.

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