Social Responsibility

Community Engagement

[SO0] We believe in being a good corporate citizen, and that charitable actions provide long-term return on investment and greatly contribute to our social sustainability. [EC8] Across the globe, our employees offer their time, expertise and financial support with the goal of making a positive impact on the communities in which the company operates. In support of their efforts, ProLogis provides every employee with two paid days each year to be used for community service.

In 2008, ProLogis and its employees donated more than 5,300 hours of time and approximately $1.5 million to more than 150 charities and organizations in need. Some of the organizations we helped include:

[EC1] Almost half of the money donated came from the ProLogis Foundation, which was established in 2001 with the goal of providing financial support to institutions of higher education and charitable organizations across North America. Since then, the Foundation’s scope of influence has been expanded to include our operations in Europe and Asia.

The Foundation continues to be managed by ProLogis' legal team, led by our general counsel. In 2007, we reported our plans to hire a foundation manager dedicated to managing charitable activity and fund allocations. Due to our focus on cost containment driven by the global credit crisis, we have not yet placed anyone in this role. Organizations seeking further information should contact ProLogis via regular mail to the attention of the Foundation c/o Ed Nekritz.

©2009 ProLogis