Our sustainability efforts range from sponsorship of local community sports teams to environmentally friendly design, such as the use of wind turbines at ProLogis Parc Amagasaki in Osaka, Japan.
THOUGHT LEADERSHIP At ProLogis, sustainability is a business approach that encompasses economic, environmental and social objectives. Our mission is to be the leading global provider of sustainable distribution facilities and to create an optimal balance between shareholder value, the environment and corporate responsibility. We believe in the importance of supporting the communities in which we work and live. In each of our major markets, ProLogis teams volunteer in a variety of programs from homeless shelters and disaster relief activities, to building daycare centers, schools and playgrounds. In 2006, we contributed $5 million to The ProLogis Foundation to be used to support local charities and community service programs around the world. For more information on these and other initiatives, please see our Sustainability Report at www.prologis.com.

Jack Rizzo, Managing Director of Global Development, directs our sustainable development initiatives, such as replacing lighting in North American facilities with more efficient systems that reduce energy consumption for our customers.
In February 2007, ProLogis became the first real estate company in the world to join the Chicago Climate Exchange, or CCX. This voluntary organization enables companies to reduce net greenhouse gas emissions through trading of carbon credits - just like any other commodity. We will earn tradable credits as we build warehouses that reduce energy consumption through new technology and innovative design. In joining CCX, we learned about quantifying carbon output at our world headquarters, local offices and distribution facilities and will apply this knowledge in our development business. Going forward, we believe our participation will enable us to capture additional value from the investment we are making in energy-efficient distribution centers and establish us as a global leader in this area.