Pollution and Waste Management｜ESG｜Nippon Prologis REIT, Inc.

Nippon Prologis REIT, Inc.ESG

Pollution and Waste Management

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Policy and Environmental Review

Policy

Designing circular operations is critical to Prologis’ business, striving to reduce pollution and waste. In Japan, Prologis promotes eliminating pollution and reducing waste. For instance, we develop facilities by leveraging new materials considering the life cycle of products. Additionally, before acquiring any assets, NPR conducts environmental reviews to assess risks related to the sites. As for our assets in our portfolio, Prologis monitors the amount of waste generated as well as its disposal route.

Environmental Review

All assets owned by NPR undergo environmental reviews conducted by engineering firms based on publicly available documents and other information provided primarily by the former owners and property managers of the properties. The environmental reviews cover a wide range of potential sources of environmental issues, including asbestos, lead, PCBs, substances harmful to the ozone layer, water and air, and waste. Based on these reviews, which are provided to us prior to the acquisition of each property, we ensure that the new properties comply with all environmental laws and regulations in Japan in all material respects.

Initiatives towards Reducing Waste

Water-retentive Blocks

Utilizing water-retentive blocks, which are made of recycled products, at the entrance and approach to our buildings help to reduce heat-island effect.

Forklift Guards using a New Material

In partnership with Fukuvi Chemical Industry Co., Ltd., the team in Japan has developed a plastic forklift guard to be used in logistics facilities and warehouses, which is patent pending.

Below are distinct features of this product:

  • While comparable guards are made with steel, Prologis’ polyvinyl chloride (PVC) version is lighter in weight, easier to handle and costs approximately 40% less.
  • The cutting and drilling required for installation can easily be done on site, which contributes to a reduction in labor costs.
  • The guards were designed to absorb impact through the use of PVC. Customers will experience cost savings by avoiding the maintenance fee typically required for the wear and tear associated with steel forklift guards.
  • The guards can last decades and can be recycled into pallets.