Prologis has been named the top real estate company on the 2020 Global 100 Most Sustainable Corporations in the World List. The announcement was made at the World Economic Forum in Davos.
In its eleventh appearance on the Global 100, Prologis ranked sixth among U.S. companies and #26 overall. Global 100 companies represent the top 1 percent in the world on sustainability performance.
Widely considered to be the world’s most authoritative sustainability assessment, the Global 100 is administered by Toronto-based Corporate Knights, a specialized media company and investment research firm that ranks publicly traded global companies on a broad scope of metrics related to environmental stewardship, social responsibility and governance (ESG).
“This recognition demonstrates our leadership not only in real estate but across a spectrum of diverse global companies,” said Prologis chief legal officer and ESG head Edward S. Nekritz. “We remain steadfast about our commitment to and focus on industry-leading innovation.”
Corporate Knights’ analysis comprised a rigorous assessment of 7,395 companies against global industry peers on a suite of up to 21 quantitative key performance indicators (among them greenhouse gas emissions, clean revenue, leadership diversity and earnings) weighted to reflect each industry's impact profile.
“The Global 100 companies show that companies that put sustainability at their core outlast and outperform the competition,” said Corporate Knights CEO Toby Heaps.
A full explanation of the 2020 methodology can be found here.