ADDRESING ENVIRONMENTAL AND SOCIAL ISSUES IN URBAN DEVELOPMENT

We cooperate with local governments in redeveloping infill sites, transforming the areas surrounding our properties into an environmentally friendly neighborhood. Also, we remediate historical environmental contamination, put abandoned or brownfield land to higher and better use, and enhance or build new infrastructure. Furthermore, we are carrying out developments that take into consideration access from public transportation. Some of our initiatives are as follows:

Regional Development (Prologis Park Inagawa 2)

• The "Prologis Inagawa Project" is a development project that has been planned since 2015 in collaboration with the government and private sector in Inagawa-cho. The goal is to develop a logistics platform that will evolve with the times and the town, and to work towards creating a rich community life in the region through economic revitalization, job creation, disaster prevention, and environmental conservation.
• We have developed a park of roughly 4,000 square meters and a disaster prevention plaza of roughly 8,000 square meters on the development site, which can be used by local residents and facility workers. The disaster prevention plaza is utilized as a base for firefighting activities and evacuation during disasters, as well as a landing site for medical helicopters.
• Within the facility, there are three rest areas including a cafeteria and convenience store that local residents can use. We provide a comfortable space where workers can relax and take a break.

“Humming Road” in Narashino, Chiba Prefecture

• The Humming Road is a 12-km long greenway that runs from the northeastern part of Narashino City through the center of the city to the sea. Prologis has developed and opened a portion of Prologis Park Narashino 4 (1,330^m2) as part of this greenway.
• This site is designated as having one of the 100 best views of Mt. Fuji by the Ministry of Land, Infrastructure, Transport and Tourism, and the greenway was developed to meet the needs of the local community, including the construction of a viewing platform.

Brownfield Development in Koga, Ibaraki Prefecture

• We are planning phase 2 of the Prologis Koga Project that has a total site area of approximately 175,200 square meters. This will be the largest site in terms of floor space that Prologis has ever developed in Japan.
• We constructed an underground barrier wall around the periphery of the site and then removed the existing highly contaminated soil and buried waste.

Disaster Prevention in Partnership with Local Authority

Disaster Prevention Agreement

Prologis recognizes that our facilities serve as significant sources of social infrastructure to the communities that we operate in and we continue to explore more proactive ways to contribute to our local communities. One of the initiatives in Japan is to promote partnerships with local authorities in disaster management. To date, we have made agreements with the following municipal governments:

• Inagawa, Hyogo Prefecture, 2019
• Chiba City, Chiba Prefecture, 2020 ⁽¹⁾
• Tokyo Fire Department, Aviation Unit, Equipment Division, Shinkiba, 2021
• Kyotanabe City, Kyoto Prefecture, 2021 ⁽²⁾
• Kawajima, Saitama Prefecture, 2021
• Kanagawa Prefecture, 2021
• Zama City, Kanagawa Prefecture, 2022
• Osaka City, Osaka Prefecture, 2022
• Soka City, Saitama Prefecture, 2022
• Iwanuma City, Miyagi Prefecture, 2022
• Yachiyo City, Chiba Prefecture, 2022
• Koga City, Ibaraki Prefecture, 2023
• Yahaba, Iwate Prefecture, 2024
• Ibaraki Prefecture, 2024

• Prologis provided its parking spaces for the evacuees so that they can spend the night in their cars and avoid contact with others, which has become important recently due to the pandemic.
• Within the same city, there are two railway lines, JR and Kintetsu, as well as a main road connecting Kyoto, Osaka, and Nara, so many people commute through the city. In the event of a large-scale disaster that causes the suspension of railway operations or the closure of the main road, it is expected that many people will have difficulty returning home. This disaster prevention agreement is one effort made to address this issue.

Conducting Evacuation Drills

From the standpoint that natural disasters are a critical risk for every stakeholder at Prologis, we conduct evacuation drills in case of emergencies, such as fires, earthquakes, or other natural disasters.

Prologis Park Higashimatsuyama

(July, 2022)

Prologis Park Ichikawa 1

(November, 2018: A large-scale drill in cooperation with both Ichikawa and Urayasu city fire departments and local fire brigades)

Prologis Park Inagawa 1・2

Contributions to THE Logistics Industry

Aspiring to develop future innovative leaders in the logistics industry in Japan, Prologis established the Prologis Academy in 2019. The program focuses on developing talent in supply chain management and logistics through focused interactive learning, including Prologis facility tours showcasing innovation and technology in action at our distribution facilities.

Chair Course by Prologis (Waseda University)

Since 2006, Prologis has been sponsoring Waseda University Graduate School of Commerce’s “Logistics / Supply Chain Management (SCM) Course”. The lecture series provides insights into the concept of logistics and SCM. In addition, Miki Yamada, President of Prologis Japan (at that time) , delivered lectures for undergraduate students at Waseda University in 2017 and 2018.

Efforts through collaboration with other companies, such as holding seminars

Joint Transport Community (January 2023-)

Prologis held a workshop called the "Joint Transport Community" to promote efforts toward joint transport, one of the challenges facing the logistics industry, and to achieve sustainable logistics infrastructure. The Joint Transport Community is a platform where on-site supervisors of cargo owners' companies participate and share information necessary to achieve joint transportation across corporate and industry boundaries, including sharing of success and failure cases.

PROLOGIS CONNECT (June, August, October 2022)

Prologis held a total of three webinars as a platform to connect customers with companies that provide innovative and creative solutions. The webinars covered a comprehensive range of topics, including sustainability, such as "environment," "employment," "robo-subscription," "transport sharing," and "warehouse sharing."

Summit on Industrial Real Estate for Hazardous Materials hosted by LOGISTICS TODAY (May 2022)

Hitachi Transport System, Hitachi Transport System Fine Next, Sanwa Corporation, and Prologis participated in a seminar on hazardous materials warehousing, which has been drawing attention in the Japanese logistics industry against a backdrop of diversification and development of transportation and storage services. The panelists took the stage to exchange views on the causes of scarcity of supply and future strategy.

NIKKEI Real Estate Summit 2022 hosted by Nikkei Inc.
- Logistics DX and ESG - Evolution in the Logistics Industry (March 2022)

Four companies, Nomura Real Estate Development, Mitsui Fudosan, Daiwa House Industry, and Prologis, all of which are members of the Logistics Business Committee of the Real Estate Association of Japan, co-sponsored the event. The seminar focused on the challenges facing the logistics industry (truck driver shortage, labor environment, supply chain constraints, etc.) and solutions contributing to the local communities and the environment.

Volunteer for the Museum of Logistics

Employees of Prologis Japan regularly participate in volunteering for the Museum of Logistics in Tokyo. Volunteers make patterns by cutting and assembling pieces of cardboard for a children's arts and crafts activity, known as the "vehicles of logistics." The children build and decorate their own toy vehicle, choosing from delivery trucks, steam trains and cargo ships. The team's most recent efforts created enough materials for the museum to use during craft events held for children during summer vacation. We hope to continue our partnership with the museum, which is the only logistics museum in Japan, and by providing the manpower to make these kits for children, the museum can allocate their resources to other initiatives that will help further assist the logistics industry in evolving to the next level.

Relationship with Trade Associations

As part of Prologis’ commitment to the logistics real estate industry, Miki Yamada serves as a chairperson of Industrial Real Estate subcommittee at the Real Estate Companies Association of Japan. Representing the logistics real estate industry, Prologis contributes to further establishing the industrial sector by chairing the subcommittee and recommending regulatory and policy changes ranging from taxation, data collection, etc., and other initiatives.

VIEW NPR’S ESG DATA