Climate Change Data

Environmental Metrics

ESG Focus Areas

• Decarbonization
• Digitalization
• Social Impact
• Biodiversity

Environmental Achievements

• Reduced CO2 emissions in portfolios (specific numbers not provided)
• Improved energy performance across the value chain (specific numbers not provided)
• Increased use of renewable energy in existing buildings (specific numbers not provided)

Social Achievements

• Created public space with water features used by nearby kindergartens (Emporio building, Hamburg)
• Implemented WELL Building Standard in Prologis Park Datteln (focus on employee well-being)
• Invested in relationships with tenants, anticipating their needs and providing new services

Governance Achievements

• Established a new Asset Management Intercontinental unit covering hotels and other property types outside Europe
• Implemented a successful sales program with sales proceeds exceeding most recent valuations
• Established a data governance system ensuring clear responsibility for individual data items and a strong focus on data uniqueness (Apollo project)

Climate Goals & Targets

Environmental Challenges

• High inflation rates and interest rate rise impacting investment markets
• Decline in cash inflows to open-ended real estate funds due to competition from alternative investments
• Potential downward price pressure on real estate
• Skills shortage in logistics industry
• Reluctance of local authorities to grant permits for automated logistics facilities
• Lack of hard criteria for assessing social impact in real estate

Mitigation Strategies

• Cautious investment approach focusing on resilient use types and market opportunities
• Successful sales program generating liquidity buffers for portfolio diversification
• Investments in existing properties to deliver high-quality spaces
• Focus on creating attractive workplaces in logistics properties to improve recruitment and retention
• Collaboration with Fraunhofer IIS to identify measures for employee-friendly logistics properties
• Development of interconnected value chain valuation for social impact real estate investing

Supply Chain Management

Responsible Procurement

• Minimum social safeguards, human rights, duty of care in supply chains, due diligence of the entire value chain

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, EU Taxonomy, SFDR