01/28/2014 | By Sarah Borchersen-Keto
Prologis, Inc. (NYSE: PLD), and Weyerhaeuser Co., (NYSE:WY), have been named to the 2014 Global 100 Most Sustainable Corporations in the World (Global 100) Index, which was announced at the World Economic Forum in Davos, Switzerland.
The index, now in its tenth year, is calculated by Corporate Knights, a Toronto-based media and investment advisory company. Prologis was ranked 54th on the index, while Weyerhaeuser was ranked 68th. Prologis and Weyerhaeuser were the only U.S. real estate companies included in the list.
Inclusion in the index is determined using a range of sector-specific sustainability metrics. Publicly traded companies with a market capitalization of at least $2 billion are automatically considered for inclusion in the Global 100. Only data that is publicly disclosed – in annual reports, corporate sustainability reports or through other channels – can be used in the Global 100.
Prologis senior vice president Steve Campbell, head of environmental, engineering and sustainability, said inclusion in the index is “a testimony to our commitment to own a global portfolio of energy-efficient facilities that enable our customers to enhance operations and minimize environmental impact.” Prologis has been included in the Global 100 for six consecutive years.
“The Global 100 is one of the more significant sustainability recognitions we receive. It is an excellent acknowledgment of our success in embedding sustainability in our core values as we work together to grow a truly great company,” said Sara Kendall, Weyerhaeuser vice president of sustainability and corporate affairs.
Weyerhaeuser previously has been included in the index in 2005 and 2011.