ProLogis, the world's largest owner, manager and developer of distribution facilities, has announced that it has been named to two Dow Jones Sustainability Indexes, the first global indexes tracking the financial performance of the leading sustainability driven companies worldwide.
ProLogis qualified for both the North American Index, which includes the top 20% of sustainability leaders out of the largest 600 North American companies of the Dow Jones Global Index, as well as the World Index, which comprises the top 10% of the largest 2,500 companies worldwide in terms of long-term, economic, environmental and social criteria.
"Inclusion on the Dow Jones Sustainability Indexes is a valuable recognition of ProLogis' leadership in sustainable development, social responsibility and financial strength, and we are extremely proud to have been selected for membership," said Jeffrey H. Schwartz, Chairman and Chief Executive Officer for ProLogis. "We plan to maintain our listing through continued execution of our sustainability goals and by establishing new partnerships, development practices and performance targets that help us to further and expand our existing global initiatives."
ProLogis' listing on the DJSI follows its annual listing in the FTSE4Good Index, of which it has been a member since 2005. Created by the global index company FTSE Group, FTSE4Good is an independent equity index series designed to facilitate investment in companies that meet globally recognized corporate responsibility standards in terms of social, ethical and environmental criteria.
ProLogis also is a proud member of several KLD Indexes, including the Domini 400 Social Index, KLD Large Cap Social Index and KLD Dividend Achievers Social Index, as well as other socially responsible indexes that KLD Analytics advises.
"ProLogis' inclusion in these investment indexes is not only confirmation of our commitment to do the right thing for our investors, customers, communities and the environment, it also enhances our visibility with the rapidly growing base of global socially responsible investors," added Schwartz.
Source: Porter Novelli