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:
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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