IKEA is introducing a strengthened climate agenda – Net Zero and Beyond – in line with the latest climate science. The Science Based Targets initiative (SBTi) has now verified the Inter IKEA Group net-zero science-based targets, which were set last year and cover the entire IKEA value chain. The Net Zero and Beyond climate agenda replaces the previous Climate Positive agenda. The IKEA business is committed to contributing to limiting temperature rise to 1.5°C by drastically reducing greenhouse gas (GHG) emissions across the entire IKEA value chain. After thorough…
Read MoreTag: ikea
IKEA launches new in-app feature and products to empower smarter energy use at home
IKEA pilots the new Energy Insights feature, to enable customers to monitor their electricity consumption and use energy smarter. The feature is now available in the Swedish IKEA Home smart app, and will be further improved and developed throughout the year. As energy costs and consumption continue to capture homeowners’ attention, IKEA embarks on a journey to create digital experiences and smart energy products designed to help customers save energy and make better decisions around their electricity consumption at home. Marking the beginning is the pilot launch of Energy Insights in…
Read MoreIKEA Sustainability and Climate Reports FY23: reduced GHG emissions and accelerated climate actions
The financial year 2023 (FY23)* was another year of global challenges but also of progress. Key movements include a 22% reduction of the total IKEA climate footprint in absolute terms** compared to baseline year FY16, strengthened climate goals, a continued increase in renewable electricity in retail and production, the introduction of a new bio-based glue and more than halving our climate footprint from product use at home compared to baseline FY16. The IKEA Sustainability Report FY23 and the IKEA Climate Report FY23 are issued by Inter IKEA Group and cover the collective efforts from…
Read MoreIKEA launches VÄXELBRUK – a collection of textile products made from recycled co-worker uniforms
IKEA launches VÄXELBRUK, a collection made from recycled co-worker uniforms collected from IKEA stores across Europe. Through this pilot project, IKEA has explored how to give a second life to used clothing and manage recycling processes within the IKEA value chain. The VÄXELBRUK series will be available in selected IKEA stores in Europe from February 2024. From 2020 to 2022, IKEA introduced a new design of co-worker clothing globally in IKEA customer meeting points. During this time, IKEA also collected numerous pallets of old co-worker uniforms from its stores across…
Read MoreIKEA announces new commitments to support integration of refugees
IKEA announces new commitments for forcibly displaced people by 2027 at the UNHCR Global Refugee Forum in Geneva, Switzerland. With these commitments, IKEA continues its work to the integration of refugees by supporting them in finding meaningful work, promoting their social inclusion, and empowering them to advocate for their rights. Ingka Group, the largest IKEA retailer, is launching a new commitment to increase the employability of an additional 3,000 refugees and asylum seekers by the end of 2027. IKEA Social Entrepreneurship along with Cisco Foundation and implementation partner NESsT, support…
Read More