CEO's Message|ESG|Nippon Prologis REIT, Inc.

Nippon Prologis REIT, Inc.ESG

CEO's Message

Masahiro Sakashita
Masahiro Sakashita Executive Director of Nippon Prologis REIT, Inc.
President & CEO of Prologis REIT Management K.K.

More than eight years have passed since the inception of Nippon Prologis REIT, Inc. (NPR) in February 2013. To date, NPR and the Prologis Group have demonstrated healthy growth and the size of NPR’s AUM has now exceeded 750 billion yen, while continuing to successfully maximize our investor value. At the same time, we have been able to maintain a strong focus on our company’s values and priorities, including our long-standing commitment to excellence in Environmental, Social and Governance (ESG) performance.

In line with our commitment, “to manage modern and efficient distribution facilities by building long-term relationships and supporting our customers, communities, consumer/end users, investors, and other stakeholders”, we have been successful in building a sustainable future that creates value for our stakeholders.

Over the past four decades, Prologis has embedded ESG practices across our business. In Japan, we have invented what is now the standard for modern logistics facilities, with environmental and worker-friendly features. We continue to showcase creativity and innovation by introducing new technologies to make our buildings more sustainable, while promoting the health and well-being of our customers. Contributing to our local communities has also been at the forefront of efforts and we have been engaged in across a number of initiatives that support multiple charitable causes. Furthermore we continue to implement strong corporate governance across both NPR and Prologis, ensuring accountability and transparency.

We are proud to be recognized for our performance and accomplishments. In 2020, NPR was awarded a “Five Star” rating (the highest level of recognition) for the sixth consecutive year from GRESB, and was included in the honorable Dow Jones Sustainability World Index as the only J-REIT. In addition, NPR was selected as an “A List” company by CDP, recognizing NPR/Prologis’ efforts to reduce carbon emissions and address climate change risks.

Going forward, NPR and the Prologis Group will continue to commit to ESG to realize our long-term vision. I sincerely wish that this website will help you understand our strong passion and commitment towards building a sustainable future.

Sincerely,

September 2021