ProLogis 2007 Sustainability Report
[Introduction]
[Executive Introduction]
[Mission]
[Report Guide and Stakeholder Communication]
[GRI Indicators]
[Company Overview]
[Environmental]
[Social]
[Economic]
[Global Markets]
REPORT GUIDE AND STAKEHOLDER COMMUNICATION | page 5 of 19
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This 2007 ProLogis Sustainability Report has been subjected to independent assurance by csrnetwork. In conducting the assurance, csrnetwork evaluated the Materiality, Completeness and Responsiveness of the Report in line with the guidelines of the AA1000 Assurance Standard as well as the requirements for reporting at the B+ level for the Global Reporting Initiative G3 guidelines. The full draft of this assurance statement, including the scope of the assurance process, responsibilities, findings and recommendations, can be found at:

http://ir.prologis.com/investors/sustainability.cfm

csr network ltd
U.K. April 2008

KEY STAKEHOLDER ENGAGEMENT
We identify our key stakeholders as any person or group of people who may affect, or be affected by, ProLogis' business operations. This includes customers, investors, planners, non-governmental organizations, governmental agencies, suppliers, employees and the communities in which we operate. All of these entities have an interest in ProLogis' sustainability efforts and are therefore expected to find value in this report. As the ultimate beneficiaries, stakeholders' priorities were the key driver for determining report content.

In order to define the content for our 2007 sustainability report, ProLogis associates who interact with various stakeholders met with external consultants to establish a framework for determining the most important topics. The group then assessed which of those topics we have some degree of control over, since those are the areas where our resources can best be deployed for bringing about the desired results.

STAKEHOLDER COMMUNICATION FRAMEWORK
We communicate openly and in good faith with our stakeholders and encourage honest feedback from them. This is obtained through active outreach including customer satisfaction surveys, group and one-on-one investor meetings, industry forums, media interviews, quarterly earnings calls, employee training sessions, public planning meetings and meetings with vendors and suppliers. Additionally, we provide departmental contact information on our corporate website, www.prologis.com

We also respond to incoming inquiries. They can originate from local communities seeking volunteers, from third-party organizations looking for information about ProLogis' plans to address climate change, such as the Carbon Disclosure Project and KLD Analytics, and from individual or institutional investors trying to better understand our business operations.

These efforts have helped us understand and address the needs of our stakeholders. Taking this a step further, we actively publicize our sustainability goals and achievements and have completed a number of strategic stakeholder engagement activities, including:

  • Specific investor targeting analysis via Thomson Financial, a leading global financial information company, to identify U.S.-based socially responsible investors
  • Registering for the report alert service through CorporateRegister, the world's largest online directory of company-issued CSR, Sustainability and Environmental reports
  • Developing a "Sustainability Champion" program, wherein each ProLogis office will have a designated individual charged with helping to implement ProLogis' environmental initiatives in that office, collecting information on sustainability efforts and participating in quarterly conference calls to share ideas with other Sustainability Champions


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