Prologis — full event log

Prologis plans to announce its 2030 goals with the publication of its next sustainability report in 2026.

sustainability_report p.31

Effective January 1, 2026, Hamid Moghadam transitioned from CEO to executive chairman of the Board, and Dan Letter became CEO. Result of multi-year succession planning.

sustainability_report p.39

At December 31, 2025, achieved 1.1 gigawatts of solar generation and storage capacity on O&M portfolio (including Prologis and third-party owned projects), exceeding the 1 GW by 2025 commitment.

sustainability_report p.12

For development properties in O&M portfolio approved by Investment Committee after June 2021 reaching stabilization during 2025: certified 62% with sustainable building certifications + 38% scheduled, totaling 100% of eligible developments and redevelopments.

sustainability_report p.12

Prologis states ESG principles are embedded in business strategy via Prologis Essentials platform — services include onsite solar, energy storage, heat pumps, cool roofs, LED lighting, EV charging. No specific SDG numbers cited.

sustainability_report p.11

In 2025, Prologis completed the IPO of China AMC Prologis Logistics REIT, marking its third fee-generating publicly listed vehicle.

sustainability_report p.35

Prologis surpassed its 1 gigawatt solar generation and storage capacity target by 2025, reaching 1.1 GW on the O&M portfolio (including Prologis and third-party owned projects). The SolarSmart program installs rooftop solar on logistics buildings to provide energy solutions and savings to customers. Renewable energy assets — including solar, EV charging and energy storage — are now classified as other real estate investments on the balance sheet. Green bond proceeds from senior notes finance these projects under Prologis' green bond framework.

sustainability_report p.12

Installed LED lighting within 100% of eligible new developments/redevelopments and ~83% of eligible O&M operating properties (vs. 80% target by 2025).

sustainability_report p.12

Prologis has set a goal to achieve net-zero emissions by 2040, which has been validated by the Science Based Targets initiative.

sustainability_report p.29

Prologis met its commitment to achieve 1 gigawatt of solar generation and storage capacity by 2025 on its O&M portfolio; reached 1.1 GW at year-end 2025 (including Prologis and third-party owned projects).

sustainability_report p.12

Prologis met its commitment to install LED lighting in 100% of eligible new developments/redevelopments and ~83% of eligible O&M operating properties by 2025.

sustainability_report p.12

In December 2025, Prologis listed China AMC Prologis Logistics REIT (Prologis C-REIT) on the Shenzhen Stock Exchange. The C-REIT purchased properties from the open-ended China venture; Prologis owns 20.7%.

sustainability_report p.29

Prologis expanded into data center development with $686 million of TEI under development on an O&M basis as of Dec 31, 2025, leveraging energy procurement strategy and land portfolio.

sustainability_report p.9

Prologis Essentials platform offers customers energy, sustainability and mobility services including EV charging stations, on-site solar, energy storage and LED lighting — designed to reduce energy/water consumption and GHG emissions within customers' operations (Scope 3 downstream-leased assets exposure for Prologis).

sustainability_report p.11

For developments approved by Investment Committee after June 2021 reaching stabilization in 2025, 62% certified with sustainable building certifications and 38% scheduled — totaling 100% of eligible developments. Buildings include features such as heat pumps, cool roofs, EV charging and xeriscaping.

sustainability_report p.12

Achieved 2025 goal of installing 1 GW of solar generation and storage capacity, reaching 1.1 GW across the owned and managed portfolio.

sustainability_report p.31

Installed or scheduled LED lighting in 100% of eligible new developments/redevelopments and ~83% of eligible O&M operating properties (by sq ft) at Dec 31, 2025. Prologis Essentials LED program delivers efficient lighting to customers and reduces consumption across the portfolio.

sustainability_report p.12

Prologis leverages its 1.3B sq ft portfolio of rooftops to deploy solar generation and storage. The Prologis Essentials SolarSmart solution provides customers with energy solutions and savings while reducing the environmental footprint of the firm's owned assets. 1.1 GW installed on O&M portfolio at year-end 2025.

sustainability_report p.12

The 10-K does not disclose any durable carbon removals (DAC, BECCS, biochar, soil carbon) program, removal credit purchases, or offset retirement volumes. Sustainability strategy is focused on operational efficiency (LED, solar, certifications) and embodied carbon via sustainable building certifications rather than negative emissions.

sustainability_report p.12

CWI trained 25,000 individuals goal met in 2023, two years early. Committed to spending 75,000 hours supporting communities by 2025 — surpassed reaching 96,000 hours at Dec 31, 2025.

sustainability_report p.12

Selective data center developments require securing reliable long-term energy capacity. Prologis is using its scale and utility/energy-provider relationships to procure power for data center conversions. $686M TEI of data centers currently under development on O&M basis. Power source mix not disclosed.

sustainability_report p.9

In 2024, acquired partner's interest in an unconsolidated venture and began consolidating 30 operating properties (~6.0M sqft); also entered India market with 225 acres of land.

sustainability_report p.72

In 2024-2025, FIBRA Prologis (Strategic Capital vehicle in Mexico) acquired Terrafina, which owns approximately 41M square feet of industrial space in key markets.

sustainability_report p.35

In June 2022, Prologis announced a goal to achieve net-zero emissions across operations by 2030 and value chain (Scopes 1, 2 and 3) by 2040, aligned with SBTi Net-Zero Standard. Replaces prior 2025 SBT (21% Scope 1+2 reduction, 15% Scope 3 reduction from 2016 baseline).

sustainability_report p.9

In consultation with an independent third party, Prologis updated 2019-2021 GHG emissions to reflect recent acquisitions (Liberty, IPT, Urban Spaces, Duke), methodology improvements, and a new 2019 baseline year for the science-based net-zero target. Recalculated values are materially higher than previously reported (e.g., 2019 Scope 1+2 went from 4,842 to 10,858 tCO2e; Scope 3 from 5.25M to 6.18M).

sustainability_report p.59

Following the Duke acquisition, Prologis consolidated direct operations—divested from Duke-occupied offices and sold mobile assets. This drove a 53% YoY decrease (64% from 2019 baseline) in 2022 reported Scope 1 and 2 emissions.

sustainability_report p.9

Added assets from Liberty Property Trust, Industrial Property Trust, Crossbay Urban Spaces and Duke Realty acquisitions into recalculated GHG emissions boundary.

sustainability_report p.59

Completed acquisition of Duke Realty Corporation, valued at approximately $23 billion, expanding U.S. presence and adding 144 MSF of operating properties plus 7 MSF under development.

sustainability_report p.7

In June 2022, Prologis committed to achieve net zero emissions by 2040 across the value chain (scopes 1, 2, 3), with scope 1 and 2 net zero by 2030. Also commits to 1 GW of solar by 2025.

sustainability_report p.2

Original 400 MW solar capacity goal was raised to 1 GW by 2025 in June 2022, supported by battery storage.

sustainability_report p.10

Updated methods for estimating and accounting for downstream leased assets, plus reclassification of some spend categories to better align with GHG Protocol. Drove a 6% YoY decrease in reported Scope 3 emissions (20% from 2019 baseline).

sustainability_report p.22

LRQA provided independent moderate-level assurance using AA1000AS (v3) Type 2, covering AA1000AP principles conformance and accuracy/reliability of data.

sustainability_report p.44

Closed 1.59-billion-euro acquisition of the Urban Spaces portfolio on behalf of Prologis European Logistics Fund (PELF): 128 buildings (12 MSF) and six developments.

sustainability_report p.7

Interim science-based targets to reduce Scope 1 and 2 GHG 21% and Scope 3 GHG 15% from a 2016 baseline by 2025.

sustainability_report p.10

Prologis states it has been carbon neutral for Scope 1 and 2 emissions since 2019, achieved via market-based accounting with RECs and offsets.

sustainability_report p.5

Lloyd's Register Quality Assurance (LRQA) provided limited assurance of the 2021-22 ESG Report using AA1000 AccountAbility Principles.

sustainability_report p.12

Prologis committed to achieving 100% carbon-neutral construction globally by 2025, including through purchase of high-quality certified carbon offsets for remaining embodied carbon.

sustainability_report p.24

Committed to achieving third-party sustainable certification for all new development and redevelopment projects globally (LEED, BREEAM, WELL, CASBEE, DGNB, HQE).

sustainability_report p.15

Committed to achieve 100% carbon-neutral construction globally by 2025 via design efficiency, recycled materials, and high-quality certified carbon offsets for remaining embodied carbon; CarbonZero program offered to customers.

sustainability_report p.24

Committed to achieving third-party sustainable certification for all new developments and redevelopments globally (LEED, BREEAM, WELL, CASBEE, DGNB, HQE).

sustainability_report p.15

Prologis committed to achieving 100% carbon-neutral construction globally by 2025, addressing embodied carbon through smart design, recycled materials, waste minimization, and high-quality carbon offsets for remaining emissions.

sustainability_report p.11

Committed in 2021 to achieve third-party sustainable building certification (LEED, BREEAM, WELL, CASBEE, DGNB, HQE) for 100% of new developments and redevelopments globally.

sustainability_report p.15

Prologis committed to achieving 100% carbon-neutral construction globally by 2025, addressing embodied carbon via smart design, recycled materials, low-carbon alternatives, and high-quality certified offsets for residual emissions.

sustainability_report p.24

Goal: 100% LED lighting installed across entire portfolio by 2025. Reached 42% of portfolio by area (330 MSF) by end of 2020, expanding LED coverage by nearly 50% in 2020. 90% of top ten customers participate via Prologis Essentials LED program (no upfront capital, $0.01/sq ft monthly fee for 5 years). LED cuts warehouse lighting consumption 60–80%.

sustainability_report p.26

New 2025 goal to achieve 100% carbon-neutral construction globally, addressing ~11% of global emissions tied to embodied carbon. Uses smart design, low-carbon materials, recycled content, construction waste reduction, and certified offsets for remainder. UK life-cycle assessments completed on 57 buildings since 2008. Circular building design and digital materials passports piloted in Netherlands.

sustainability_report p.24

Downstream leased assets are by far the largest Scope 3 category and 99.9% of total footprint. Scope 3 fell 28% YoY in 2020 driven by 38% drop in downstream leased asset emissions, despite 10% square-footage growth. CarbonZero program offers customers turnkey carbon-neutral building operations via vetted offsets + RECs alongside efficiency and onsite solar.

sustainability_report p.24

Committed to 100% sustainable certification for all new developments and redevelopments globally from 2021. Cumulative certified space includes 80.9 MSF LEED, 43.1 MSF BREEAM, 34.8 MSF CASBEE, plus DGNB, HQE, WELL and others. LEED Volume Program participation since 2014 has saved ~$24M. ISO 14001:2015 certified EMS for development since 2008 in UK/Europe.

sustainability_report p.15

Pandemic caused major shifts across the global economy that affected 2020 footprint; Prologis notes this as a partial driver of the 28% YoY Scope 3 reduction alongside efficiency and renewable energy gains. Should be considered when interpreting 2019-2020 trend.

sustainability_report p.22

Pandemic caused major shifts in global economy affecting 2020 footprint; Scope 1&2 down 21% YoY (mobile combustion -54%), Scope 3 down 28% YoY driven by 38% reduction in downstream leased assets despite 10% growth in warehouse SF.

sustainability_report p.22

Prologis officially signed on as a TCFD (Task Force on Climate-related Financial Disclosures) Supporter in 2020.

sustainability_report p.47

Retiring cool roofs goal due to methodological challenges, though remain committed to installing cool roofs where they provide energy savings.

sustainability_report p.11

The pandemic caused major shifts across the global economy that impacted 2020 footprint, contributing to 28% reduction in Scope 3 and 21% reduction in Scope 1 & 2 emissions vs 2019.

sustainability_report p.22

Completed IPT (Industrial Property Trust) and LPT (Liberty Property Trust) acquisitions in 2020, expanding portfolio significantly.

sustainability_report p.9

Retiring cool roofs goal due to methodological challenges, though committed to continuing installation. 44% of portfolio had cool/reflective roofing at year-end 2020.

sustainability_report p.11

In 2020 Prologis officially signed on as a TCFD Supporter and committed to climate-related scenario analysis and TCFD-aligned disclosure.

sustainability_report p.47

More than half of global portfolio sited in urban-core locations to shorten last-mile delivery routes for customers. MIT study cited shows e-commerce via urban-core fulfillment yields 36% fewer overall GHG emissions and 50% fewer transport-related emissions vs in-store retail.

sustainability_report p.27

Reports alignment with UN Sustainable Development Goals: SDG 7 (Affordable and Clean Energy), SDG 8 (Decent Work and Economic Growth), SDG 9 (Industry, Innovation and Infrastructure), SDG 13 (Climate Action), and SDG 17 (Partnerships for the Goals).

sustainability_report p.11

Prologis, NPR and FIBRA recognized on CDP 2020 Climate Change A List for disclosure.

sustainability_report p.12

Scope 3 emissions reduced 28% YoY in 2020 driven by 38% drop in downstream leased assets, partly attributed to pandemic shifts in the global economy alongside efficiency and renewable energy efforts.

sustainability_report p.22

In 2020 Prologis officially signed on as a TCFD (Task Force on Climate-related Financial Disclosures) Supporter.

sustainability_report p.47

Prologis Foundation designated $1 million in 2020 for organizations fighting racial injustice. Committed to training 25,000 people through Community Workforce Initiative by 2025 (5,672 trained through end of 2020).

sustainability_report p.43

Prologis is third in U.S. for onsite installed solar capacity (SEIA). Installed 40 MW additional capacity in 2020 for a global total of 252 MW; goal of 400 MW by 2025. Launched SolarSmart in 2020 — turnkey rooftop solar with no upfront customer cost, 31 MW signed since June 2020, typically providing 80% of customer electricity needs. Procures purchased renewable energy: Queimados (Brazil) at 100% renewable, Poland portfolio at 80% green-certified for 2021. Uses RECs to bring market-based Scope 2 to ~0.017% of footprint.

sustainability_report p.25

Partners with Cool Earth charity to protect rainforest in Papua New Guinea and Peru equivalent to 31 times the square-meter footprint of new European buildings. Plans to purchase high-quality certified carbon offsets to neutralize remaining unavoidable embodied carbon in construction toward 100% carbon-neutral construction by 2025. CarbonZero program offers vetted offsets + RECs to customers. Moissy 2 (France) will be first carbon-neutral warehouse, saving 150,000 tCO2e annually through design + offsets.

sustainability_report p.24

Largest driver of Scope 1 operational footprint. Achieved 54% decline in mobile combustion (vehicle fleet) emissions in 2020. Continued focus on driving down mobile combustion as the largest operational source.

sustainability_report p.22

In 2018 set goals: reduce absolute Scope 1 and 2 GHG emissions 21% by 2025 and 56% by 2040 from 2016 base year; reduce absolute Scope 3 GHG emissions 15% by 2025 and 40% by 2040 from 2016 base year. Validated by SBTi.

sustainability_report p.21

Set in 2018 and validated by SBTi: reduce absolute Scope 1 and 2 GHG emissions 21% by 2025 and 56% by 2040 from a 2016 base year; reduce absolute Scope 3 GHG emissions 15% by 2025 and 40% by 2040 from a 2016 base year.

sustainability_report p.21

Scope 1 & 2: reduce 21% by 2025, 56% by 2040 from 2016 baseline. Scope 3: reduce 15% by 2025, 40% by 2040 from 2016 baseline. Validated by Science Based Targets initiative.

sustainability_report p.21

Prologis is selectively expanding into data center development, with $686 million of TEI on an O&M basis under development at Dec 31, 2025. This represents a meaningful strategic expansion of the traditional logistics portfolio into power-intensive infrastructure with energy procurement implications.

sustainability_report

The Form 10-K does not state any external assurance (limited or reasonable) on climate disclosures.

sustainability_report