Recent years have seen a rapid acceleration in Prologis’ climate initiatives, and things are about to move up another gear. Prologis knows that sustainability isn’t just morally right; it’s also good business, as it helps customers make the most of their logistics space while meeting their own ESG targets.
Prologis’ ESG report for 2022 lays out important new targets for the coming years. The company will make its global construction processes carbon neutral by 2025, and in the same year wants to deploy at least 1 GW of onsite solar power, supported by storage. Then, in 2030, Prologis aims to achieve net-zero for all operations, and a decade later, in 2040, to achieve net-zero emissions across its entire value chain.
Prologis has already taken the first steps down this road, submitting a letter of commitment to the Science Based Target initiative (SBTi) for validation and establishing key partnerships with leading external groups to drive the decarbonisation of