Prologis

Prologis's reported carbon emissions

Prologis, a US-based lessor of nonresidential buildings (excluding miniwarehouses), reported a total of approximately 3.49 billion kg CO2e in emissions for 2025. This figure is comprised of Scope 1 emissions totalling approximately 5.99 million kg CO2e, Scope 2 market-based emissions of around 18,000 kg CO2e, and a significant Scope 3 total of approximately 3.48 billion kg CO2e. Scope 3 emissions were largely driven by downstream leased assets (approximately 2.62 billion kg CO2e) and capital goods (approximately 701.6 million kg CO2e). For 2024, Prologis reported total emissions of approximately 3.31 billion kg CO2e, with Scope 1 emissions at around 5.14 million kg CO2e and Scope 3 emissions at approximately 3.31 billion kg CO2e. In 2023, total emissions were approximately 3.54 billion kg CO2e, including Scope 1 emissions of approximately 5.73 million kg CO2e and Scope 3 emissions of approximately 3.54 billion kg CO2e. Prologis has set ambitious climate commitments, including a commitment to reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 21% by 2025 and by 56% by 2040, using a 2016 base year. Additionally, they have committed to reduce absolute Scope 3 GHG emissions by 15% by 2025 and by 40% by 2040, also from a 2016 baseline. Further targets include achieving net-zero GHG emissions across their value chain by 2040, with specific interim targets such as a 90% reduction in Scope 1 and 2 emissions by 2030 from a 2019 baseline, and a 27.5% reduction in Scope 3 emissions within the same timeframe. Prologis is a signatory to the Climate Pledge.