SAN FRANCISCO, Sept. 26, 2016 /PRNewswire/ -- Prologis,
Inc. (NYSE:PLD), the global leader in logistics real estate, today
announced that is has been recognized by two organizations that
rank companies based on their success in environmental stewardship,
social responsibility and corporate governance (ESG). The company
received high marks from both the 2016 Global Real Estate
Sustainability Benchmark (GRESB) and the 2016 Dow Jones
Sustainability Indices (DJSI) for North
America and Asia
Pacific.
GRESB Recognition
GRESB is known for its rigorous
assessment of the sustainability performance of real estate
companies and funds worldwide. Nippon Prologis REIT (NPR) achieved
a first-place recognition out of 51 global industrial peers ranked
by GRESB.
In addition to being named the overall leader, GRESB named
Prologis and its funds a sector leader in all three of the
company's operating regions: the Americas, Europe and Asia. Prologis also earned GRESB's top Green
Star accolades for all nine of its survey responses, up from seven
Green Stars in 2015. These were awarded to Prologis, Inc., NPR, its
four European funds and its three North American funds. Prologis'
high GRESB scores reflect the company's commitment to business
practices that enforce and support ESG.
DJSI Recognition
The DJSI, launched in 1999 as the
first global sustainability benchmark, also recognizes companies
for their elite ESG efforts and successes.
Prologis was named to the 2016 DJSI for North America and Asia Pacific. The company has been included on
the DJSI-North America nine times and is the only industrial REIT
on the list. Prologis has twice been named to the DJSI-Asia
Pacific.
"We've set high ESG goals for Prologis, and I am proud of the
recognition of our efforts," said Jeannie Renné-Malone, vice
president, Sustainability. "Earning this recognition from GRESB and
DJSI is the direct result of our collaboration across departments
and continents and is a testament to our objective to lead the
industry in sustainability."
To learn more about Prologis' corporate responsibility programs
and read the company's 2015 Sustainability Report, please go to:
http://www.prologis.com/en/sustainability.html.
ABOUT PROLOGIS
Prologis, Inc. is the global leader in
logistics real estate with a focus on high-barrier, high-growth
markets. As of June 30, 2016, 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 666 million square feet (62 million
square meters) in 20 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.
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," and 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.