Prologis

Prologis, a US-headquartered company in the Lessors of Nonresidential Buildings (except Mini-warehouses) industry, has disclosed its carbon emissions and climate commitments.

In 2025, Prologis's reported emissions included 5,992,000 kg CO2e for Scope 1, 18,000 kg CO2e for market-based Scope 2, and 3,483,552,000 kg CO2e for Scope 3 emissions. The total Scope 3 emissions were broken down into categories: approximately 7,297,000 kg CO2e from investments, about 701,608,000 kg CO2e from capital goods, approximately 2,623,349,000 kg CO2e from downstream leased assets, and around 151,298,000 kg CO2e from purchased goods and services.

Looking back, in 2024, the company reported Scope 1 emissions of 5,139,000 kg CO2e, market-based Scope 2 emissions of 14,000 kg CO2e, and total Scope 3 emissions of 3,305,810,000 kg CO2e. In 2023, Scope 1 emissions were 5,726,000 kg CO2e, market-based Scope 2 emissions were 17,000 kg CO2e, and total Scope 3 emissions were 3,536,984,000 kg CO2e. For 2022, Scope 1 emissions were 4,044,000 kg CO2e, market-based Scope 2 emissions were 7,000 kg CO2e, and total Scope 3 emissions were 3,813,070,000 kg CO2e. In 2021, the company only disclosed Scope 3 emissions, which totalled 4,157,829,000 kg CO2e. For 2020, total emissions were 4,748,382,000 kg CO2e, comprising 6,407,000 kg CO2e for Scope 1, 2,361,000 kg CO2e for market-based Scope 2, and 4,729,615,000 kg CO2e for Scope 3.

Prologis has set ambitious climate commitments. The company has a Science-Based Targets initiative (SBTi) validated target to reach net-zero greenhouse gas (GHG) emissions across its entire value chain by 2040. For near-term targets, Prologis, Inc. commits to reducing absolute Scope 1 and 2 GHG emissions by 90.0% by 2030 from a 2019 base year. Additionally, they aim to reduce absolute Scope 3 GHG emissions by 27.5% within the same timeframe (by 2030 from a 2019 base year). For long-term targets, the company commits to maintaining at least a 90.0% absolute reduction of Scope 1 and 2 GHG emissions from 2030 through 2040 relative to a 2019 base year, and to reducing absolute Scope 3 GHG emissions by 90.0% within the same long-term timeframe. These targets are consistent with reductions required to keep warming to 1.5°C.

Previously, Prologis also committed to reducing absolute Scope 1 and 2 GHG emissions by 21% by 2025 and 56% by 2040 from a 2016 base-year. Furthermore, they aim to reduce Scope 1 emissions by 25% and Scope 2 emissions by 99% from a 2019 baseline by 2025. The company also announced an expansion of its partnership with Cool Earth to account for embodied emissions in new European developments between 2023 and 2025. Prologis is also a signatory of the Climate Pledge, which they signed in July 2022.