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ProLogis Releases Third Annual Sustainability Report

Published 04-22-09

Submitted by ProLogis

DENVER, April 22 /PRNewswire-FirstCall/ -- ProLogis (NYSE: PLD), a leading global provider of distribution facilities, announced today that it has released its third annual Sustainability Report, which includes new and updated information about the company's environmental, social and economic performance during 2008. The complete web-based report is available at http://ir.prologis.com/index.cfm.

"During ProLogis' third year of reporting, we made significant strides in refining what our commitment to sustainability means while also meeting several key initiatives, such as expanding the scope of our global carbon management strategy and establishing a board-level Sustainability Committee," said Walt Rakowich, ProLogis chief executive officer. "We are pleased to be able to share our progress from 2008 and look forward to further updating our stakeholders in the future as our programs continue to mature and evolve."

Topics detailed in the report include carbon management, renewable energy, energy efficiency, community engagement, social investment, corporate governance and business excellence. The report also outlines several milestones realized by the company since last year's report, including:

  • The appointment of a Chief Sustainability Officer and establishment of a Board Sustainability Committee, the members of which have relevant experience and background in sustainability;
  • Receipt of external validation from two new global sustainability indexes, the Dow Jones Sustainability Index and the S&P U.S. Carbon Efficient Index; and
  • The completion of the first U.S. rooftop lease with Southern California Edison for solar panel installations in the first half of 2008 and a second rooftop lease with Portland General Electric.
ProLogis' Sustainability Report is presented in accordance with guidelines issued by the Global Reporting Initiative (GRI), an international, multi-stakeholder network through which a recognized sustainability reporting framework has been developed. It has been externally assured by Two Tomorrows, a world-leading sustainability consultancy, and meets GRI B+ reporting level requirements.

About ProLogis

ProLogis is a leading global provider of distribution facilities, with more than 475 million square feet of industrial space (44 million square meters) in markets across North America, Europe and Asia. The company leases its industrial facilities to more than 4,500 customers, including manufacturers, retailers, transportation companies, third-party logistics providers and other enterprises with large-scale distribution needs. For additional information about the company, go to http://www.prologis.com.
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ProLogis

ProLogis

ProLogis is the global leader in industrial real estate, with operations in 118 markets across North America, Europe and Asia. The company has $36.3 billion of assets owned, managed and under development, comprising 510.2 million square feet (47.4 million square meters) in 2,766 properties as of December 31, 2007. ProLogis' customers include manufacturers, retailers, third-party logistics providers and other enterprises with large-scale distribution needs. Headquartered in Denver, Colorado, ProLogis employs more than 1,500 people worldwide.

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