Key Takeaways
- • Prologis reports Scope 3 emissions, which account for nearly all of its footprint, were approximately 30% below the 2019 baseline in 2025, against a 2030 target of a 27.5% reduction.
- • Prologis targets net-zero greenhouse gas emissions across its value chain by 2040 from a 2019 baseline, governed by its Net Zero Action Plan.
- • The company applied life cycle assessments and internal carbon pricing to 34 U.S. and Canadian projects in 2025, cutting estimated embodied carbon by an average of 7% at no additional cost.
- • Prologis has 1.4 gigawatts of installed solar and battery storage capacity, equivalent to the power of more than 240,000 typical U.S. homes.
- • Prologis states that a climate plan is more durable when embedded in everyday capital allocation and flexible enough to adapt to evidence.
Summary
Prolgis has published an account of how it is working to convert its net-zero ambition into operating and investment decisions. The company's goal is to reach net-zero greenhouse gas emissions across its value chain by 2040, measured from a 2019 baseline. The target is tied to investment decisions and customer solutions through its Net Zero Action Plan, which the company says it continues to refine as results come in.
The company reports that in 2025 its Scope 3 emissions, which make up nearly all of its footprint, were approximately 30% below the 2019 baseline. Prologis describes this as encouraging but not a finished model. Its 2030 targets call for a 90% reduction in Scope 1 and 2 emissions and a 27.5% reduction in Scope 3 emissions from the 2019 baseline. The company notes that reaching interim targets early does not guarantee reductions will hold as the business grows.
On capital allocation, Prologis says a lower upfront building cost does not necessarily mean lower long-term cost, particularly where upgrades or carbon-related costs arise later. Its Investment Committee applies an internal price of carbon to new developments, and the company uses whole-building life cycle assessments to measure embodied carbon. In 2025 it applied these tools to 34 projects in the U.S. and Canada, reducing estimated embodied carbon by an average of 7% at no additional cost. Prologis is also a founding member of the Sustainable Concrete Buyers Alliance, which pools buyer demand to scale lower-carbon cement and concrete.
On customer-side decarbonization, Prologis cites 1.4 GW of installed solar and battery storage capacity. As an example, it designed solar and storage systems at Wayfair's Perris, California fulfillment center to offset about 80% of onsite energy use, with the project expected to reduce Wayfair's electricity costs by roughly 7% after system costs. The company also reports energy utility data coverage across 80% of its global portfolio in 2025, which it uses to identify where building improvements would have the greatest impact.
Prologis is also participating in the MIT Climate & Sustainability Consortium and the Precourt Institute for Energy at Stanford University on large-scale decarbonization approaches. The company frames its experience as a contribution to a broader, more practical industry conversation on managing emissions tied to long-lived assets.
The company reports that in 2025 its Scope 3 emissions, which make up nearly all of its footprint, were approximately 30% below the 2019 baseline. Prologis describes this as encouraging but not a finished model. Its 2030 targets call for a 90% reduction in Scope 1 and 2 emissions and a 27.5% reduction in Scope 3 emissions from the 2019 baseline. The company notes that reaching interim targets early does not guarantee reductions will hold as the business grows.
On capital allocation, Prologis says a lower upfront building cost does not necessarily mean lower long-term cost, particularly where upgrades or carbon-related costs arise later. Its Investment Committee applies an internal price of carbon to new developments, and the company uses whole-building life cycle assessments to measure embodied carbon. In 2025 it applied these tools to 34 projects in the U.S. and Canada, reducing estimated embodied carbon by an average of 7% at no additional cost. Prologis is also a founding member of the Sustainable Concrete Buyers Alliance, which pools buyer demand to scale lower-carbon cement and concrete.
On customer-side decarbonization, Prologis cites 1.4 GW of installed solar and battery storage capacity. As an example, it designed solar and storage systems at Wayfair's Perris, California fulfillment center to offset about 80% of onsite energy use, with the project expected to reduce Wayfair's electricity costs by roughly 7% after system costs. The company also reports energy utility data coverage across 80% of its global portfolio in 2025, which it uses to identify where building improvements would have the greatest impact.
Prologis is also participating in the MIT Climate & Sustainability Consortium and the Precourt Institute for Energy at Stanford University on large-scale decarbonization approaches. The company frames its experience as a contribution to a broader, more practical industry conversation on managing emissions tied to long-lived assets.
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