Utilities

As companies look to Prologis for help cutting energy consumption in their warehouses and attaining sustainability goals, other benefits rise to the surface, such as lowering the cost of decarbonization, achieving ESG initiatives, increasing employee safety and even making procurement more convenient.

As climate change mitigation takes center stage, companies face the urgent need to achieve zero-emissions goals and comply with evolving regulatory pressure. The logistics industry plays a pivotal role in this transformation: Although heavy-duty trucks make up just 4 percent of vehicles in the United States, they account for 20% of the transportation system’s emissions1, with the transport sector accounting for 37% of emissions overall.2

In the rapidly evolving energy landscape, the commercial and industrial (C&I) sector finds itself at a critical moment globally. A 2022 report by the Intergovernmental Panel on Climate Change (IPCC) revealed that the largest increase in greenhouse gases in human history occurred between 2010 and 2019.

Businesses face growing pressure—from investors, stakeholders, advocacy groups, customers and business leaders—to adopt sustainable practices and meet the goals of the Paris Climate Agreement. In fact, nearly 96% of the companies in the S&P 500 now adhere to some form of environmental, social and governance reporting, representing an approximate 15 percent increase since 2015.1