Prologis, a Real estate logistics provider, has committed to reaching net-zero emissions by 2040 across its entire supply chain.
The company submitted its net-zero emissions target to the Science Based Target initiative (SBTi) for validation. It targets to Reach net-zero emissions from operations (scope 1 and 2) by 2030 and Achieve 100% carbon neutral construction by 2025.
Prologis said its scope 1 and scope 2 emissions have been carbon neutral since 2019.
But to reach net-zero operational emissions by 2030 in accordance with the SBTi, the company will have to reduce those emissions by at least 90% compared to the baseline year of 2016 before offsetting the rest.
Tags: Emissions, Net Zero, Prologis, Supply Chain
Recent Posts
India to rely on fossil fuels until 2040: Puri
Government expands green hydrogen use with new pilot scheme
Small victory at COP-29 as nations approve new carbon market rules
Three winners for the reindustrialisation of the Seine Axis
Nufarm to expand biofuel platform with R&D partnerships
Carbon Clean signs agreement with Julius Montz
ZeroNorth and Vitol launch digital bunker trial in Port of Rotterdam
DG Shipping and IME(I) Mumbai Branch Host Seminar on MEPC 82 Outcomes