Prologis Releases 2012 CR Report
The company's sixth annual Corporate Responsibility Report, which also includes the company's Global Reporting Initiative (GRI) ratings, documents broad-based environmental stewardship, social responsibility, ethics and corporate governance activities.
"In 2012, Prologis saved enough energy to power nearly 100 million square feet of its global portfolio – the equivalent of about 40,000 homes," said Steve Campbell, who heads Prologis' environmental and sustainability programs. "We are well on our way toward delivering the most energy-efficient portfolio in the industry, reducing customer operating costs and enhancing asset value for investors.
"Also in 2012, we expanded our role in many communities around the globe, especially in regard to disaster relief, donating distribution space and providing financial and in-kind support worth more than $1.3 million."
Sustainability achievements in the report include the following:
- Certification of 38 million square feet (3.5 million square meters) of sustainable properties in 11 countries
- Completion of 270 million square feet (25 million square meters) of energy-efficient improvements at 50 percent of the properties in the Prologis global operating portfolio
- Installation of 83 megawatts of renewable energy in six countries, with a total of 20 million square feet (1.9 million square meters) of rooftop space utilized by solar projects
In addition to sustainable development activity and energy efficiency efforts, topics detailed in the report include community involvement and stakeholder engagement:
- The Prologis Foundation provided over $600,000 in grants to nonprofit and charitable organizations that work in the areas of education, human welfare and disaster relief
- Prologis helped employees support the organizations they personally care about through its Employee Volunteer Program, Matching Gift Program and Dollars for Doers Program
- Prologis' Space for Good program provided nonprofit organizations with free or discounted use of our vacant distribution center facilities around the world