Prologis is the first industrial property company to introduce a Europe-wide initiative to measure and reduce whole-life carbon emissions in all its new logistics buildings.
Launched on World Environment Day (5th June 2020) and designed to support the United Nation’s Decade of Action campaign, Prologis will extend its 12-year UK partnership with climate change charity Cool Earth, and sustainability certification company The Planet Mark. The aim is to raise sustainability standards across the European industrial property sector and drive meaningful change through social empowerment.
From June 2020, Prologis will work with climate change charity, Cool Earth, to fund the protection of rainforest to mitigate the equivalent of unavoidable carbon emissions in its new buildings across Europe. The programme will help Cool Earth to protect an area of rainforest 31 times larger than the area of each building. This draws on the results of detailed Carbon Life Cycle Assessments to ensure that every development achieves a net environmental benefit, targeting carbon savings that are 5 times greater than the embodied carbon footprint of each building.
Partnering with the charity Cool Earth will allow Prologis to demonstrate a robust, science-based approach to the mitigation of climate change through the protection of rainforest. This has also been shown to have extensive benefits for society, culture and biodiversity.
Whilst the protection of rainforest communities might at first seem far removed from European logistics real estate, we all must play our part in keeping rainforest standing. As the planet’s global safety net, supporting local people to protect rainforest is the smartest, most positive climate action there is. Rainforest trees lock in a quarter of the world’s carbon emissions and generate moisture, which travels around the world, and accounts for a fifth of the planet’s fresh water. Rainforests also protect over six million species of plants and animals (with many still undiscovered), forming an essential ecosystem which is essential to our survival.