Prologis Inc

Common Name
Prologis
Country
United States
Sector
Real Estate
Industry
REIT - Industrial
Employees
2,703
Ticker
PLD
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Prologis Inc. is a real estate investment trust (REIT) focused on logistics infrastructure. The company's primary purpose is to own and manage high-quality warehouse and distribution centers, strategi...

Prologis's GHG Emissions Data Preview

In 2024, Prologis completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Prologis has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Prologis's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Prologis amounted to 6,703 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Prologis decreased by 19.26%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Prologis's Scope 1 Emissions Over Time

201820192020202120222023202402.5 k5 k7.5 k10 ktCO2e+117%-3%-24%-26%+36%-20%
  • Total Scope 1
  • Year-over-Year Change

What are Prologis's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Prologis were 4,835 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Prologis reduced its Scope 1 emissions over time?

Since 2018, Prologis's Scope 1 emissions have increased by 29.62%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), Prologis's Scope 1 emissions decreased by 20.25%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Prologis's Scope 2 emissions?

In 2024, Prologis reported Scope 2 greenhouse gas (GHG) emissions of 14 tCOâ‚‚e using the market-based method, and 1,868 tCOâ‚‚e using the location-based method.

Has Prologis reduced its Scope 2 emissions over time?

Since 2018, Prologis's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 38.87%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2023), Prologis's Scope 2 emissions (Location-Based) fell by 16.57% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Prologis use for Scope 2 reporting?

In 2024, Prologis reported its Scope 2 emissions using the market-based method and using the location-based method.

Prologis's Scope 2 Emissions Over Time

201820192020202120222023202409001.8 k2.7 k3.6 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Prologis's Value Chain Emissions

In 2024, Prologis reported 3,220,800 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2024 disclosure of Prologis includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, down from 8 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.

Prologis's Scope 3 Emissions Over Time

201820192020202120222023202402 M4 M6 M8 MtCO2e-10%-6%-11%-6%-9%-16%
  • Total Scope 3
  • Year-over-Year Change

What are Prologis's Scope 3 emissions?

In 2024, Prologis reported total Scope 3 emissions of 3,220,800 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 23.71% of these emissions originated from upstream activities such as purchased goods and capital goods, while 76.29% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Prologis reduced its Scope 3 emissions over time?

Since 2018, Prologis's Scope 3 emissions have decreased by 46.54%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2023), Prologis's Scope 3 emissions decreased by 16.44%, highlighting the company's efforts to lower indirect emissions from its value chain.

What categories of Scope 3 emissions does Prologis disclose?

In 2024, Prologis reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Prologis's Scope 3 emissions?

In 2024, the largest contributors to Prologis's Scope 3 emissions were:

  • Downstream Leased Assets (Cat. 13): 2,449,649 tCOâ‚‚e (76.06%)
  • Capital Goods (Cat. 2): 617,052 tCOâ‚‚e (19.16%)
  • Purchased Goods and Services (Cat. 1): 133,016 tCOâ‚‚e (4.13%)

Prologis's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(19.2%)Purchased Goods andServices (Cat. 1)(4.1%)Downstream LeasedAssets (Cat. 13)(76.1%)

Insights into Prologis's Total Carbon Footprint

In 2024, Prologis reported a total carbon footprint of 3,227,503 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 16.45% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Prologis's total carbon footprint was Scope 3 emissions, accounting for 99.79% of the company's total carbon footprint, followed by Scope 1 emissions at 0.15%.

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