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ReportAlert.info - ProLogis Publishes Sustainability Report 2006

Submitted by: CorporateRegister.com Limited

Categories: Corporate Social Responsibility, Research, Reports & Publications

Posted: Jun 07, 2007 – 05:34 AM EST


Jun. 07 /CSRwire/ - June 7, 20007- ProLogis (NYSE: PLD), the world's largest owner, manager and developer of distribution facilities, has released its first annual Sustainability Report, available via http://www.reportalert.info/ra/Prologis070607.htm.

The report provides detailed information about ProLogis' economic, social and environmental performance during 2006. Written according to guidelines issued by the Global Reporting Initiative (GRI), it will be updated yearly as a companion document to the company's annual report to shareholders.

The report sets out environmental performance targets for ProLogis over the next four years, including:

  • Utilization of 20 percent recycled construction materials, based on cost, at all new distribution centers by 2010;

  • Diversion of 75 percent of construction debris from disposal in landfills or incinerators by 2010;

  • A 50 percent reduction in the use of potable water in landscape irrigation at all new developments by 2010, in accordance with the U.S. Green Building Council's LEED program;

  • Installation of renewable energy sources with combined generation capacity of more than 25 million KWh per year by 2010, equivalent to the power required for more than 2,300 U.S. homes.

  • Achievement of "carbon neutral" business operations in the U.S. between 2006 and 2010 through a combination of organic reductions and offset procurement.

    The report was independently reviewed by csrnetwork, an assurance consulting firm specializing in corporate social responsibility.

    ProLogis is the global leader in industrial real estate, with operations in 103 markets across North America, Europe and Asia. The company has $28.6 billion of assets owned, managed and under development, comprising 436.9 million square feet (40.6 million square meters) in 2,525 properties as of March 31, 2007. ProLogis' customers include manufacturers, retailers, transportation companies, third-party logistics providers and other enterprises with large-scale distribution needs. Headquartered in Denver, Colorado, ProLogis employs more than 1,300 people worldwide.

    Hard copies of the report can be obtained by calling the ProLogis Investor Relations Department (number available via http://www.reportalert.info/ra/Prologis070607.htm).

    Visit www.CorporateRegister.com to access 14,000 CSR reports.

  • For more information, please contact:

    Paul Scott CorporateRegister.com
    Phone: +44 2070143366


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