– In our third year of sustainability reporting, we have made significant progress in refining what our efforts in this area should entail. We have also implemented several key initiatives, such as expanding the scope of our global carbon management strategy and establishing a Sustainability Committee at the board level – said Walt Rakowich, Chief Executive Officer at ProLogis.
The report includes a discussion of issues related to, among others, carbon management, renewable energy, energy efficiency, community engagement, social investment, corporate governance, and business excellence. The report also describes several important actions taken by the company since the publication of the last report, such as:
- creating the position of Chief Sustainability Officer and establishing a Sustainability Committee within the board, whose members possess relevant experience and knowledge in this field;
- obtaining independent verification from two new global sustainability indices, namely the Dow Jones Sustainability Index and the S&P US Carbon Efficient Index;
- concluding, in the first half of 2008, in cooperation with Southern California Edison, the first rooftop lease transaction for solar panel installations in the USA, and a second such transaction in cooperation with Portland General Electric.
The ProLogis Sustainability Report is issued in accordance with the Global Reporting Initiative (GRI) guidelines, an international network of partners that has developed a globally recognized standard for sustainability reporting. The report has been verified by the independent firm Two Tomorrows, a world-leading sustainability consultancy, and meets the requirements of the GRI B+ reporting level.