Prologis Named to Global 100 Most Sustainable Corporations in the World for Seventh Year Running
DAVOS, SWITZERLAND (22 January, 2015) /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in industrial real estate, today announced its inclusion in the Corporate Knights' Global 100 list of the world's most sustainable corporations at the World Economic Forum in Davos, Switzerland. This is Prologis' seventh consecutive year on the Global 100.
Highlights of Prologis' corporate responsibility efforts include:
- Certification of 43 million square feet (4 million square meters) of sustainable properties across 12 countries, with 5.7 million square feet (530,000 square meters) in 2013 alone;
- Installation of more than 100 megawatts of rooftop solar projects in six countries, with 17.3 megawatts completed in 2013 across ten buildings in Japan and the United States; and
- IMPACT Day, the company's global day of service, which launched in May 2013. In the past two years, Prologis employees have volunteered more than 14,000 hours toward causes involving education, human welfare and the environment.
"Social, environmental and economic responsibility is a key part of our culture at Prologis and we continuously strive to deliver long-term value to our customers, shareholders, employees and the communities in which we operate," said John R. Rizzo, managing director, global construction and development services, Prologis. "We work hard to create a sustainable future and are honored to again be ranked among this respected group."
For full rankings please visit: www.corporateknights.com/reports/global-100
To learn more about Prologis' corporate responsibility programs and read the company's 2013 corporate responsibility report, please go to: www.prologis.com/cr.
About the Global 100 Most Sustainable Corporations in the World (Global 100)
The Global 100 is an annual project initiated by Corporate Knights, the company for clean capitalism. Launched in 2005, the Global 100 is announced each year at the World Economic Forum in Davos.
Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of June 30, 2017, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 64 million square meters in 19 countries. Prologis leases modern distribution facilities to a diverse base of approximately 5,200 customers across two major categories: business-to-business and retail/online fulfillment.
The statements in this release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on current expectations, estimates and projections about the industry and markets in which Prologis operates, management's beliefs and assumptions made by management. Such statements involve uncertainties that could significantly impact Prologis' financial results. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," variations of such words and similar expressions are intended to identify such forward looking statements, which generally are not historical in nature. All statements that address operating performance, events or developments that we expect or anticipate will occur in the future — including statements relating to rent and occupancy growth, development activity and changes in sales or contribution volume of properties, disposition activity, general conditions in the geographic areas where we operate, our debt and financial position, our ability to form new co-investment ventures and the availability of capital in existing or new co-investment ventures — are forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Although we believe the expectations reflected in any forward looking statements are based on reasonable assumptions, we can give no assurance that our expectations will be attained and therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. Some of the factors that may affect outcomes and results include, but are not limited to: (i) national, international, regional and local economic climates, (ii) changes in financial markets, interest rates and foreign currency exchange rates, (iii) increased or unanticipated competition for our properties, (iv) risks associated with acquisitions, dispositions and development of properties, (v) maintenance of real estate investment trust ("REIT") status and tax structuring, (vi) availability of financing and capital, the levels of debt that we maintain and our credit ratings, (vii) risks related to our investments in our co-investment ventures and funds, including our ability to establish new co-investment ventures and funds, (viii) risks of doing business internationally, including currency risks, (ix) environmental uncertainties, including risks of natural disasters, and (x) those additional factors discussed in reports filed with the Securities and Exchange Commission by Prologis under the heading "Risk Factors." Prologis undertakes no duty to update any forward-looking statements appearing in this release.
Prologis : Nathalie Triolet, Tél : +33 1 48 14 54 51, [email protected], Paris
Agence Dehais : Michelle Kamar, Tél : +33 1 53 53 36 84, [email protected], Paris