Jeannie Renne-Malone, vice president of sustainability at Prologis, Inc. (NYSE: PLD), joined REIT.com for a video interview at NAREIT’s 2017 Leader in the Light Working Forum at the Hilton Austin in Austin, Texas.
Prologis was named the 2016 recipient of NAREIT’s Leader in the Light award in the Industrial sector. This marks the fifth consecutive year that Prologis has won the award.
Renne-Malone noted that Prologis has already addressed much of the “low-hanging fruit” in terms of sustainability initiatives.
“We need to be looking at the next innovative technologies and initiatives that will continue to move the needle,” she said. Specifically, Prologis needs to consider where it and the industry will be in the next 10 to 20 years with respect to energy, water and waste, Renne-Malone noted.
Meanwhile, Renne-Malone said sustainability efforts for the foreseeable future will likely concentrate on data collection and benchmarking. She also expects to see a more robust approach taken to the cost-benefit analysis of sustainability investments.