Sustainability Analysis Of Prologis

Prologis is a global leader in industrial real estate industry and one of the leading providers of logistics facility. Prologis takes special care that their solutions are sustainable and have minimal impacts on the environments and also no negative impact socially. Prologis aims to provide solutions through their operations by providing long term and sustainable value to all their stakeholders like customers, communities and shareholders.
Some of the statistics for Prologis’ sustainable project efforts for the year 2014 are listed below-
• 9 million square feet of sustainable building certifications which are spread across 9 countries
• 68 % of the total portfolio developed by Prologis are equipped with energy efficient lighting
• 400 kWh
They are environmental, social and governance. They take care that they operate responsibly in all the three dimensions in each of their project in any geography may it be they are operating. Till date Prologis have published their sustainability report for the eighth year. Apart from the global effort for achieving sustainability, Prologis also give much importance to support local businesses in its operations. It sources its raw materials like steel, iron and lighting material from the local suppliers unless and until the required materials are not readily available in the local market. This way it encourages the local small businesses.
Prologis also concentrates on energy savings by installing roof top solar and natural lighting. It also uses energy efficient building insulations. It also concentrates on saving water by implementing low-flow plumbing and drought tolerating landscaping. It also does cost saving by locating its facility by trying to decrease the distances travelled by locating the building closer to the transportation facilities like railway stations and
L’Oreal aims to reduce its CHG emissions from its plants and distribution centers by 60 % till the year 2020. Prologis helped L’Oreal by building its Vemars facility which is expected to get BREEAM “Very Good” rating in sometime. Prologis installed highly efficient LED lights which works for 5 times longer than normal lighting and also consumes only 50 % of the energy. Also Prologis used a technology called Dynamic Energy simulation which helps in reducing the energy consumption of the facility. Prologis helps L’Oreal to monitor and control the water consumption of the facility and also developed an intelligent car sharing system. Prologis plans to extend this car sharing system gradually to its other logistics facilities. Prologis also has developed the white reflective cool roof concept which retains less heat and keep the indoors of the building relatively cooler which decreases the energy consumption for the air