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Prologis

CEF Lead Executives

Latest Sustainability Reporting

2023-24 ESG Report

(June 2024) 

Highlights


  • In 2023, reduced Scope 1 emissions by 25%, Scope 2 emissions by 99% and Scope 3 emissions by 29% (2019 baseline).
  • Reached 506 MW of onsite solar generating and energy storage capacity in 2023.
  • Net-zero goal was validated by the Science Based Targets initiative in 2024.
  • Achieved or in progress of achieving sustainable building certifications for 96% of eligible projects.
  • Installed LED lighting in 74% of its portfolio, on track to its goal of 80% by 2025.
  • The company’s Eindhoven DC4 warehouse in the Netherlands received a Zero Carbon Certification from the International Living Future Institute, a first for an industrial building.
  • Donated $3 million to Morehouse College to create an endowed fund for the new Morehouse Real Estate Institute, supporting diversity in real estate.
  • Increased the diversity of senior leadership by 6% for women globally, and 9% for people of color in the U.S. since 2021.

Recent News

2024

Powering America’s Commercial Transportation (PACT) This new coalition will focus on education and advocacy to support the deployment of commercial zero-emission vehicle (ZEV) infrastructure in the U.S. for medium- and heavy-duty (M/HD) ZEVs. Established by Daimler Truck North America, Navistar, Inc., and Volvo Group North America (which represent 70% of new M/HD truck sales), the coalition is open to all stakeholders interested in accelerating the deployment of zero-emission commercial vehicles. CEF member Prologis is also a founding member. (Feb 2024)

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CORPORATE KNIGHTS Released its 20th annual Global 100 List, ranking the world’s most sustainable companies along 25 indicators, out of 6,000 public companies with revenues of over $1 billion. In 2024, top-ranked firms allocated 55% of their investments to sustainable projects, up from 47% last year, and compared to just 17% of investments of publicly traded companies with more than $1 billion in revenue. The top ranked company was Sims Ltd, an Australian waste management company that moved up from #14 in 2023. CEF Members in the Global 100 include: Schneider Electric (#7), Trane Technologies (#23), Cisco (#64), HP Inc. (#67), Apple (#71), Unilever (#76), Hewlett Packard Enterprise (#81), and Prologis (#87). (Jan 2024)

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2023

Joined the CEF member network in August 2023!

2022

Announced its commitment to achieve net zero emissions across its value chain (Scopes 1-3) by 2040. The commitment—which contains interim targets to achieve a) 1 gigawatt of solar generation capacity, supported by storage, by 2025; b) carbon-neutral construction by 2025; and c) net zero for operations by 2030—has been submitted to the Science Based Targets initiative (SBTi) for validation. (June 2022)

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2021

Retail Carbon Footprints: Measuring Impacts from Real Estate and Technology” (MIT and Prologis) finds that carbon emissions from online shopping are 36% lower on average than those produced by in-store trips. The report also found that a full standard delivery van can replace more than 100 individual car trips to a store, with fleet electrification increasing this advantage further. (January 2021)

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