ESG Policy and Management System｜ESG｜Nippon Prologis REIT, Inc.

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ESG Policy and Management System

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ESG is in Our DNA

The principles of environmental stewardship, social responsibility and governance (ESG) are a natural fit in our long-term strategy. Simply put, ESG is good business. It aligns with our longstanding commitment to be a trusted, valued and long-term partner for our customers and an exemplary citizen, minimizing our environmental impacts and maximizing returns for our stakeholders.

Our Approach to ESG

Prologis’ longstanding commitment to ESG began with leading-edge governance dating back to our founding almost 40 years ago. Building on this foundation, our deep commitment to environmental stewardship, social responsibility and good governance has made us a leader in our industry and beyond.

  • Drives innovation by focusing our attention on solving critical challenges.
  • Expands our value proposition beyond real estate by addressing our customers’ pain points with ESG solutions.
  • Deepens our relationships with customers, employees, communities, investors and other key stakeholders.
  • Attracts and retains top talent by building a strong, inclusive culture based on common values.
  • Reduces our capital costs through ESG-related financing such as green bonds and sustainability-linked loans.

NPR and Prologis as One Group for ESG

NPR functions as a long-term real estate holding vehicle for the Prologis Group’s business in Japan. Prologis conducts its global business through one common operating platform that covers all entities in the Prologis group, including NPR. For ESG initiatives, Prologis uses its scale to provide one common ESG platform (ESG objectives, principles, policies, goals and monitoring systems) that covers NPR. In addition, NPR, as a separate public entity, also has distinct, independent ESG management systems especially for its governance.

NPR’s ESG Committee

Prologis REIT Management K.K. (PLDRM), the asset manager for NPR, organizes and holds ESG Committee meetings. Chaired by the Chief Executive Officer of PLDRM, the Committee plans and implements various ESG initiatives for NPR. Additionally, the ESG Committee reviews and evaluates feedback from stakeholders on NPR’s ESG initiatives and actions with the intention of aligning with Prologis' ESG Policy.

NPR’s ESG Committee primarily consists of the key management members of PLDRM:

  • Chief Executive Officer (Chief Sustainability Officer)
  • Head of Financial Planning/Investor & Public Relations Division (Sustainability Officer)
  • Head of Investment & Operations Division (Sustainability Officer)
  • Head of General Administration & Accounting Division (Sustainability Officer)
  • Compliance Officer
  • Other members in charge of sustainability, as applicable.

Cutting-edge Technologies in Prologis Parks

One key focuses of Prologis parks in Japan is our cutting-edge solutions ort to support our customers’ sustainable growth. Prologis facilities leverage IoT and AI to help improve the efficiency of logistics operations. These technologies contribute to the allocation of human resources effectively mitigating potential difficulties of a labor shortage.