Climate Change Data

Environmental Metrics

ESG Focus Areas

• Customer Centricity
• Change Through Innovation & Operational Excellence
• Culture & Talent
• Environmental Stewardship
• Social Responsibility
• Governance

Environmental Achievements

• Achieved operational carbon neutrality (Scope 1 and 2)
• Added 67 megawatts of solar generating capacity (46% increase in 5 years)
• Realized $15 million in procurement cost savings through Prologis Essentials LED program
• Helped customer L’Oréal achieve carbon-neutral operations in Muggensturm, Germany

Social Achievements

• Launched and expanded Community Workforce Initiative (CWI), training individuals for logistics jobs
• Established a $5 million global relief fund to support nonprofits and communities affected by COVID-19
• Donated 1.2 million square feet of space ($4.9 million in-kind rent) through Space for Good program
• Donated $250,000 (with a commitment of $1 million total) to the Equal Justice Initiative

Governance Achievements

• Avid Modjtabai joined the Prologis board of directors
• Incorporated ESG into the Investment Committee’s evaluation process
• Engaged more than 70% of public investors through Governance and ESG Roadshow

Climate Goals & Targets

Environmental Challenges

• Customers facing challenges in attracting and retaining qualified labor
• Communities seeking long-term contributors to sustainability, transit, and labor solutions
• Investors increasingly calling for more disclosure of ESG data and alignment with climate risk frameworks
• COVID-19 pandemic impacting communities and businesses

Mitigation Strategies

• Developed cutting-edge digital logistics training curriculum and partnerships with customers
• Invested in WorkStep, an industrial talent hiring and retention platform
• Established a $5 million global relief fund and Space for Good program to support communities
• Provided 24/7 support, PPP toolkit, and rent deferral to customers impacted by the pandemic

Supply Chain Management

Responsible Procurement

• Prologis Essentials LED program (dedicated manufacturing line of LED light fixtures)

Climate-Related Risks & Opportunities

Physical Risks

• Severe weather
• Flooding
• Coastal risk

Opportunities

• Energy efficiency
• Renewable energy

Reporting Standards

Frameworks Used: GRI, TCFD, SASB, PRI

Third-party Assurance: Lloyd’s Register Quality Assurance (LRQA)

Sustainable Products & Innovation

• Prologis Essentials LED lighting fixtures
• Motion-sensing LED light fixture (Japan)

Awards & Recognition

• #1 real estate company on Corporate Knights Global 100 Most Sustainable Corporations in the World
• #6 in the U.S. and #26 overall on Corporate Knights Global 100
• Inclusion in Dow Jones Sustainability World Index
• 8 out of 8 Green Stars from GRESB
• Numerous other awards and recognitions (see report for details)

Environmental Metrics

ESG Focus Areas

• Environmental Stewardship
• Social Responsibility
• Governance

Environmental Achievements

• 13% reduction in Scope 3 GHG emissions (2016 baseline)
• Achieved 252 MW of solar capacity on buildings (by end of 2020)
• 42% LED lighting installed across portfolio (by area, end of 2020)

Social Achievements

• 5,672 participants trained through Community Workforce Initiative (CWI) by end of 2020
• 22,417 hours supporting local communities (2019-2020)
• 82% employee engagement score on 2020 Employee Engagement Survey

Governance Achievements

• Five new directors in six years; appointed third female director in 2020
• 91% of Board is independent
• 100% of employees completed ethics training in 2020

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impact on customers, communities, and employees
• Lack of qualified talent to meet supply chain demands

Mitigation Strategies

• $5 million global relief fund launched by Prologis Foundation
• $9.3 million of in-kind logistics space donated
• Modernized logistics training through CWI with digital technologies
• Partnerships with communities and local governments

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• flooding
• extreme weather events
• seismic activity
• sea level rise

Reporting Standards

Frameworks Used: GRESB, DJSI World Index, SBTi, TCFD, PRI, SASB

Certifications: WELL

Sustainable Products & Innovation

• Prologis Essentials SolarSmart and LED solutions
• EV infrastructure
• building automation
• smart meters
• Borehole thermal energy storage
• dynamic energy monitoring systems

Awards & Recognition

• #1 Public Industrial Fund in the Americas
• #1 Private Industrial Fund in the United Kingdom
• #1 Private Industrial Fund in Brazil
• #1 Private Industrial Fund in China
• MSCI AA Rating
• #1 CEO, Hamid Moghadam
• #1 CFO, Tom Olinger
• #1 IR Professional, Tracy Ward
• #1 Investor Relations Team
• #1 Financially Material ESG Disclosures
• #1 Communication of Strategy and Risk Management Amid COVID-19
• Global 100 Most Sustainable Corporations in the World
• Top Real Estate Company (2019 Solar Means Business Report)
• Industrial Leader in the Light Award for 9th consecutive year
• 18 consecutive years as a leading REIT in corporate governance

Environmental Metrics

ESG Focus Areas

• Environmental stewardship
• Social responsibility
• Governance (ESG)

Environmental Achievements

• Prologis is the #1 real estate investment trust (REIT) on the 2022 Global 100 Most Sustainable Corporations in the World list.

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Global 100 Most Sustainable Corporations in the World