Prologis Named to CDP's Prestigious A List for Leading Efforts Against Climate Change
SAN FRANCISCO, Dec. 10, 2020 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, has been recognized for leadership in corporate sustainability by global environmental nonprofit CDP (formerly the Carbon Disclosure Project), which has named the company to its 2020 Climate Change A List.
Prologis and its listed entities FIBRA Prologis and Nippon Prologis REIT, which were included in the company's submission to CDP, have been honored for their collective actions to mitigate climate risks and contribute to a low-carbon economy.
Following two prior superior A- rankings, Prologis' first appearance on the A List places it among high-performing companies that are leading on corporate environmental ambition, action and transparency worldwide.
"From the buildings we develop and operate to the customer-centric solutions we offer, environmental stewardship has been a foundational part of our success, and we are proud to make CDP's A List for the first time," said Ying Yu, Prologis' senior vice president of ESG. "Our score is a recognition of our longstanding commitment to sustainability and the tremendous work carried out by our employees as we advance our climate-related goals."
CDP's annual environmental disclosure and scoring process is widely recognized as the gold standard of corporate environmental transparency. In 2020, more than 515 investors with over US$106 trillion in assets and 150+ major purchasers with US$4 trillion in procurement spend requested that companies disclose their data on environmental impacts, risks and opportunities through CDP's platform. More than 9,600 disclosed – the highest ever. The full list of companies on the 2020 A List, along with other publicly available company scores, is here: https://www.cdp.net/en/companies/companies-scores.
More information about Prologis' ESG programs and its 2019 ESG Impact Report can be found at: https://prolo.gs/esg.
Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high growth markets. As of September 30, 2020, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 976 million square feet (91 million square meters) in 19 countries. Prologis leases modern logistics facilities to a diverse base of approximately 5,500 customers principally across two major categories: business-to-business and retail/online fulfillment.
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