Highlights from the IKEA Sustainability Report FY22
The IKEA Sustainability Report provides an overview of the a nn ual progress we’ve made in implementing the IKEA sustainability strategy: People & Planet Positive. Our objective is to be transparent about our journey, even though we don’t currently have all the answers and are still developing methodologies to measure our progress towards fulfilling our commitments.
So how are we doing?
FY22 was another year of global challenges affecting people all over the world as well as the IKEA business, but also of important movements towards the IKEA sustainability commitments for 2030. Key achievements include a continued reduction of the total IKEA climate footprint and a significant increase in renewable energy in both retail and production. As one of the first businesses, IKEA also disclosed the outdoor air pollution generated across a value chain.
Making healthy and sustainable living more affordable
Our ambition for 2030 is to inspire and enable more than 1 billion people to live a better everyday life within the boundaries of the planet.
50% of main meals offered in our restaurants will be plant-based by FY25.
Transforming into a circular business
Our ambition is to be a circular business by 2030. We are committed to designing all of our products with circular capabilities. We aim to use only renewable or recycled materials and to provide new solutions for our customers to prolong the life of products and materials.
Becoming climate positive
IKEA is committed to becoming climate positive by FY30, by reducing more greenhouse gas (GHG) emissions than the IKEA value chain emits, while growing the IKEA business. This will be achieved without relying on carbon offsetting. In this way we contribute to limiting the global temperature increase to 1.5°C by the end of the century.
In FY22, we reduced the climate footprint of the IKEA value chain by 12% compared to baseline year FY16.
Regenerating resources
Our ambition for 2030 is to regenerate resources while growing the IKEA business. We aim to only use responsibly sourced renewable or recycled materials in our offer, and have a positive impact by regenerating resources, protecting ecosystems and improving biodiversity. This also means working to identify, prevent, mitigate, and address any potential negative impact on people linked to our business activities. We are dependent on materials and ingredients for our home furnishing solutions and food products, and we will always work to find new ways to do more with less.
Approximately 15% of our total wood use in FY22 was recycled, leading up to our goal of at least one-third of recycled wood by FY30.
By 2030, our ambition is to play our full part in contributing to a fair and equal society, by respecting and promoting human rights across the value chain and contributing to resilient societies.
Supporting decent work by rolling out new IKEA code of conduct requirements for digital platform workers to IKEA suppliers and services providers.