IKEA leading the way on renewable energy
Global furniture giant IKEA is generating more than a quarter of its electricity from renewable energy, according to its first progress report since launching its 2020 sustainability goals.
IKEA operates in 26 countries with 305 stores. To date, it claims to have introduced over 165,000 environmental and social improvements across the company, including its ‘IWAY’ code of conduct to prevent child labour in its supply chain and cutting the level of the waste from its stores that ends up in landfill to 15 per cent.
In the UK, it recently announced it was selling what it considers to be the most affordable solar panels on the market to its customers in a pilot programme it launched last year. Through this action, IKEA said it hopes to “make it easier for families across the UK to lead a more sustainable life at home.”
“With our vision of creating ‘a better everyday life for many people,’ I am convinced there is no other way of doing business than in a sustainable way” Peter Agnefjäll, President and CEO, IKEA Group, said.