Prologis Named to 'Global 100 Most Sustainable Corporations in the World' List at the World Economic Forum in Davos
Prologis only United States-based Real Estate Company to be Named
DAVOS, Switzerland, Jan. 23, 2013 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the leading global owner, operator and developer of industrial real estate, today announced its inclusion in the 2013 "Global 100 Most Sustainable Corporations in the World" list at the World Economic Forum in Davos, Switzerland. Recognized as the world's most credible corporate sustainability ranking, the Global 100 consists of the 100 top-performing companies worldwide based on a range of sector-specific 'sustainability' metrics.
Prologis has a comprehensive approach to sustainability encompassing three dimensions: environmental stewardship, social responsibility and governance. As the leading global provider of certified sustainable logistics space, Prologis owns more than 39 million square feet (four million square meters) of facilities meeting green building standards, has completed energy efficiency improvements in over 50 percent of its global property portfolio, and has installed 83 megawatts of solar panels as part of its commitment to renewable energy. In addition, Prologis continues to support charitable activities in the communities where it operates through financial contributions from the Prologis Foundation, supporting employee volunteer efforts, and donating warehouse space to nonprofit organizations. In 2012, Prologis released its annual Corporate Responsibility Report, its first since the merger of ProLogis and AMB Property Corporation.
"This is a great honor and recognition of our hard work and commitment to high sustainability and corporate responsibility standards at Prologis," said Steve Campbell, SVP, director of environmental, engineering and sustainability, Prologis. "We are excited to be ranked among such a respected group and are eager to continue being an industry leader in these important initiatives. We look forward to continue to develop, own, and operate a global portfolio of energy-efficient facilities that minimize their environmental impact."
Prologis, Inc. is the leading owner, operator and developer of industrial real estate, focused on global and regional markets across the Americas, Europe and Asia. As of Sept. 30, 2012, Prologis owned or had investments in, on a consolidated basis or through unconsolidated joint ventures, properties and development projects expected to total approximately 565 million square feet (52.5 million square meters) in 21 countries. The company leases modern distribution facilities to more than 4,500 customers, including manufacturers, retailers, transportation companies, third-party logistics providers and other enterprises.
SOURCE Prologis, Inc.
Released January 23, 2013