We fully understand that, as a company that develops new buildings, the overall impact of our business is heavily influenced by third-party contractors, vendors and suppliers. That is why we take a critical approach in how we contract and interact with these groups.
Health & Safety
[PR1] In 2009, we updated our vendor prequalification process for U.S. development activity to include health and safety issues. Our general contractors in the U.S. are now required to provide accident and incident data along with their business information when proposing to work with ProLogis. This data will be collected on an annual basis and taken into full consideration—along with factors such as cost and prior project experience—as we assess contractor performance in our procurement and contracting decisions.
The two largest components of our buildings, concrete and steel, are procured from local suppliers. In addition, we use local or regional contracting for the construction of our buildings 90 to 95 percent of the time. This effort supports local businesses, providing employment and business development opportunities. In addition to supporting communities in a financial sense, utilizing local suppliers also often reduces shipping and transportation of goods and people, thus reducing greenhouse gas emissions and conserving fossil fuels.