The Global Real Estate Sustainability Benchmark (GRESB), known for its rigorous assessment of the sustainability performance of real estate companies and funds worldwide, has released its 2019 results.
Prologis, Inc., along with seven of its funds, earned Green Stars.
Green Stars are GRESB’s highest recognition of outstanding performance in environmental stewardship, social responsibility and governance (ESG). Prologis and Nippon Prologis REIT (NPR) were named the top industrial real estate company in the Americas and Asia, respectively. In the UK, Prologis’ UKLV fund is #1 for private capital/industrial real estate companies in Northern Europe. Additionally, the company’s USLV fund was named the top private capital/industrial real estate company in the U.S.
GRESB is the gold standard for ESG benchmarking and reporting for listed property companies, private property funds, developers and investors that invest directly in real estate. It provides systematic assessment, objective scoring and peer benchmarking, and its unique data on ESG performance allows investors to better manage risks and enhance returns. The assessment contains approximately 55 indicators, including energy consumption, greenhouse gas emissions, water consumption and waste.
For more about Prologis’ ESG program, visit the Prologis ESG page.