Prologis published the 2021-22 ESG Report, containing the commitment to achieve net-zero emissions by 2040 for the entire value chain. The company's approach to sustainable logistics is customer-centric. By minimizing the impact of construction, maximizing building operating efficiency and providing value-added services such as electric vehicle charging and workforce development, Prologis boosts their customers’ bottom lines and helps them achieve their ESG goals. Prologis engages proactively with the communities it serves, incorporates their ideas and minimizes their concerns, thereby building trust and creating the conditions where both the business and community can flourish.
“We take care of our customers, communities and the world around us. Our focus is to build a better future for everyone through constant innovation and by developing solutions in areas like labour, energy efficiency, carbon neutrality and smart building technology”, says Ben Bannatyne, President Prologis Europe. “This is highlighted by our 2021-22 ESG report, which describes our European efforts and how we raise the level of our ambition to accelerate decarbonization and achieve net-zero emissions by 2040. With ESG well woven into our fabric, Prologis Europe buildings and services are central in creating both business value and positive impact.”
2021-22 ESG Report – Key Takeaways:
- Net Zero Ambition – Prologis commits to achieve net-zero emissions by 2040 for the entire value chain covering scope 1, 2 and 3 emissions.
- 1 GW of solar generation capacity (supported by storage) by 2025
- Carbon-neutral construction by 2025
- Net zero for operations by 2030
- Emissions Reductions – Since 2019, Prologis has been carbon-neutral in regard to Scope 1 and 2 emissions, and has decreased the Scope 3 emissions by 38% from a 2016 baseline.
- Solar Leadership – Prologis’ goal is to build 1 GW of solar energy capacity, supported by
battery storage, by 2025.
- Ground-breaking Sustainability – Prologis is committed to achieving carbon-neutral construction by 2025 for every building that is built or redeveloped.
Leading examples in Europe include:- Park Moissy II DC1 near Paris was built with no gas connection and relies on design efficiencies, rooftop solar and borehole geothermal energy storage for heating, cooling and power. Having just obtained the BREEAM “Outstanding” rating, Moissy II DC1 is in the top 10 worldwide for all types of projects combined, achieved the highest score in France for all types of projects combined, and highest score worldwide for a logistics building.
- Prologis Park Nieuwegein DC2BC with the recent, highest ever, WELL Building Platinum certification, and Prologis Park Waalwijk DC3 which was built using approximately 30% overall circular, bio-based or cradle-to-cradle (C2C) materials, with all materials catalogued in a digital materials passport to facilitate future reuse.
- Inclusion and Employee Engagement – 88% of Prologis’ employees reported being engaged by their work. Prologis continues to expand inclusion and diversity programs with the creation of five new sponsored employee resource groups.