Ethics and Governance
We commit to full integrity and the strictest ethical standards in all business dealings.
Prologis' governance structure includes built-in checks and balances to ensure accountability and transparency.
- Within Prologis' Board of Directors, the Board Governance and Nomination Committee oversees corporate governance and responsibility. Three independent board members sit on this committee and play an active role in managing corporate governance and reputational risk for all of Prologis, including NPR and other entities.
- Corporate policies, processes and procedures ensure full compliance with the Sarbanes-Oxley Act of 2002, the Foreign Corrupt Practices Act, regulations of the US Securities and Exchange Commission (SEC) and rules of the New York Stock Exchange (NYSE).
We hold all employees and board members to the highest ethical standards.
- Prologis’ board of directors approved a Code of Ethics and Business Conduct that applies to all employees and board members.
- Each year, every director and employee must complete and pass an ethics course.
- In addition, there are numerous opportunities throughout the year for employees to increase proficiency in ethics and ethical decision-making.
Risk management and risk avoidance are woven into every role and function at Prologis. We respond to all identified risks with mitigation and management strategies and practices, and empower our employees to identify and act on functional risks.
We operate in compliance with the U.S. Foreign Corrupt Practices Act (FCPA), which forbids bribery of foreign officials and concealment of such bribery. To ensure FCPA compliance, we have an enterprise-wide FCPA policy and training program. Employees are required to notify our Legal Department if they know of or suspect any possible FCPA violation.