ProLogis 2008 Sustainability Report

[EN0] As the industry leader in environmental stewardship, we see it as our duty to do our utmost to contribute to the solution of three major global challenges confronting humankind – climate change, overburdened ecosystems and conventional oil depletion. We do this by:

Minimizing carbon emissions, through carbon neutrality in our own business operations as well as through innovative designs for our developments that provide our customers with practical options for moving toward carbon neutrality.
Minimizing the ecological footprint of our developments worldwide by meeting or exceeding relevant local or regional green building design standards.
Minimizing the consumption of transportation fuels for our customers by offering future-smart locations and reconfiguration options based on the industry’s largest and most proactively-managed global building and land portfolio.

The total amount of high efficiency lighting installed is not directly under ProLogis’ control; our customers choose whether or not they want to upgrade their lighting systems in existing facilities and incur the related costs. In addition, current economic circumstances are causing many companies to reevaluate their priorities and cut back on certain non-critical activities, which can include sustainability efforts that require capital outlay. Despite this, through our frequent customer contact we will continue to promote high-efficiency lighting to our customers, as it typically achieves a fast return on investment and reduces their operating costs. ProLogis also will continue to invest in high-efficiency lighting to make its vacant space more attractive to potential customers. However, because of economic circumstances we will likely commit less of our own capital to lighting upgrades than we otherwise would.