4.11.2008 - 03:08pm ET

(CSRwire) DENVER, April 11 /PRNewswire-FirstCall/ -- ProLogis (NYSE: PLD), the world's largest owner, manager and developer of distribution facilities, today released its second annual Sustainability Report, providing detailed information about ProLogis' economic, social and environmental performance during 2007.

"We are extremely pleased to deliver our second Sustainability Report to our shareholders, customers, employees and business associates," said Jeff Schwartz, ProLogis chairman and chief executive officer. "One of the most important ongoing steps we can take to ensure we are furthering our position as a sustainability leader is to consistently measure and report our environmental and social performance -- along with our financials."

The report outlines several milestone projects completed by the company since last year's report, including:

-- Pledge to develop all new warehouses to national green building
standards in the United States and the United Kingdom -- all new
buildings will be registered for certification under LEED and
BREEAM standards, respectively.

-- Development of a distribution center in the United Kingdom that
has the lowest carbon footprint of any such facility in Europe.
The award-winning, 624,000-square-foot facility at ProLogis Park
Pineham, Northampton exceeds UK building regulations by 40
percent.

-- Commitment to fund the construction of one new school in China
for every five million square feet of development that the
company completes in the country. ProLogis celebrated the opening
of its first Hope School in 2007 in the Guangxi disaster area as
a part of this pledge.

-- Expansion of the company's carbon footprint measurement and
carbon offset program from North American operations in 2006 to
include all of the company's global business operations.

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