Lobbying Governance
Overall Assessment | Analysis | Score |
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Strong |
Prologis has implemented a structured governance process to align its lobbying activities with its climate strategy, overseen by its Board Governance and Nomination Committee, which reviews company political lobbying activity and spending, and its Ethics Committeecomprising the Chief Legal Officer, Global Compliance Officer, Chief Financial Officer, and Chief Human Resources Officerwhose role is to approve public policy positions that are reviewed annually by the Board Governance and Nomination Committee. The company develops public policy positions that guide our advocacy efforts worldwide, collaborating with internal and external experts, and its government affairs team actively lobbies for priorities such as green energy and sustainable development and the transition to zero emissions vehicles and electric charging infrastructure, demonstrating direct lobbying alignment. Indirect lobbying is addressed through membership in associations like NAREIT, ULI, RER and NAIOP, through which we seek to advance collaborative and constructive approaches to industry engagement, and Prologis notes that these trade organizations have also promoted climate actions which we support and collaborate on. The company has also publicly affirmed its commitment to conduct engagement in line with the goals of the Paris Agreement. However, Prologis does not disclose a dedicated climate-lobbying audit or a publicly available review specifically evaluating the alignment of its direct and indirect lobbying activities with its climate goals.
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