Prologis Inc

Lobbying Governance

AI Extracted Evidence Snippet Source

The Board Governance and Nomination Committee (the "Governance Committee") oversees Global Impact and Sustainability matters, assesses sustainability and climate change risks and opportunities, and assists the Board in reviewing and approving the company's sustainability and impact activities, goals and policies. [...] Reviews company political lobbying activity and spending.

https://ir.prologis.com/financials/sec-filings/content/0001193125-25-067058/0001193125-25-067058.pdf

Attach commitment or position statement(s)[…]Page 9 of Prologis' 2021-22 ESG Report details our commitment to Net Zero by 2040, as well as our commitment, "to partnering with leading external groups to drive decarbonization across the industry value chain, including sustainable building materials innovation." Additionally, page 39 of the 2021-22 ESG Report notes: Prologis' government affairs team advocates on issues directly relevant to our business and industry, including but not limited to: • Green energy and sustainable development. • The transition to zero emissions vehicles and electric charging infrastructure. • Investments in workforce training and development in logistics. • Tax policies that impact the REIT business model and our shareholders' investments in REITs. • Land use policy and the development of supply chain infrastructure.

CDP Questionnaire Response 2022

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]From our Prologis code of Ethics: As an industry leader in environmental stewardship, we see it as our duty to address two major global challenges confronting humankind – climate change and overburdened ecosystems.

In areas in which Prologis has deep experience, the Company develops public policy positions that guide our advocacy efforts worldwide. These are developed collaboratively across our organization, informed by internal and external subject matter experts, approved by the Ethics Committee and reviewed annually by the Board Governance and Nomination Committee ("Governance Committee†). The Ethics Committee consists of the Chief Legal Officer and General Counsel, Global Compliance Officer, Chief Financial Officer, and Chief Human Resources Officer.

Prologis is a member of certain trade associations, including, for example, NAREIT, ULI, RER and NAIOP, through which we seek to advance collaborative and constructive approaches to industry engagement with policymakers and other stakeholders. Prologis also participates in a variety of issue advocacy coalitions and alliances that seek to advance policy proposals focused on key priorities for our Company. These trade organizations have also promoted climate actions which we support and collaborate on by providing industry expertise.

CDP Questionnaire Response 2022

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]Yes

CDP Questionnaire Response 2023