DAVOS, Switzerland,
Jan. 22, 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.
ABOUT PROLOGIS
Prologis, Inc., is the global leader in
industrial real estate. As of September 30,
2014, Prologis owned or had investments in, on a wholly
owned basis or through co-investment ventures, properties and
development projects expected to total approximately 585 million
square feet (54 million square meters) in 21 countries. The company
leases modern distribution facilities to more than 4,700 customers,
including manufacturers, retailers, transportation companies and
third-party logistics providers.
FORWARD-LOOKING STATEMENTS
The statements in this
document 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 document.
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SOURCE Prologis, Inc.