Prologis received high scores from both the 2020 Dow Jones Sustainability Indices (DJSI) and the 2020 Global Real Estate Sustainability Benchmark (GRESB) for outstanding performance in environmental stewardship, social responsibility and governance (ESG).
“As the global leader in logistics real estate, we understand the important role we play in taking decisive action to support social responsibility and environmental sustainability,” said Prologis chief legal officer and ESG head Edward S. Nekritz. “The recognition by DJSI and GRESB is a testament to our leadership in this area and to the meaningful results we continue to deliver, including our science-based target and our Community Workforce Initiative.”
For the second consecutive year, Prologis was named to the prestigious DJSI World Index, which recognizes the most sustainable corporations across industries. Nippon Prologis REIT (NPR) was named to the list for the first time. Corporations named to this index represent the top 10% of the largest 2,500 companies in the S&P Global BMI, based on long-term economic, environmental and social criteria. Prologis and its listed entities in Japan and Mexico were again included in the DJSI indices: Prologis is on the North America DJSI Index for the 13th consecutive year; FIBRA Prologis is on the MILA Pacific Index for the 4th consecutive year; and NPR is on the Asia Pacific Index for the 6th consecutive year.
In addition to Green Star recognition for all 10 of the company’s co-investment ventures, Prologis’ listed entity, NPR, was recognized as a publicly listed Industrial Sector Leader among global and Asian respondents, while Prologis took the top-two rankings for industrial funds in the Americas: FIBRA Prologis and Prologis (PLD). The company’s UK Logistics Venture fund ranked #1 among private industrial funds in the UK. In Brazil, its Prologis Brazil Logistics Venture fund took the top ranking on its first-ever response in its peer group, as did the company’s Prologis China Core Logistics Fund.