Ikea Group reports sustainability progress

Leiden, Netherlands – Ikea Group reported progress in its “People and Planet Positive” sustainability strategy during fiscal year 2013. Highlights include:

• Sold 22.4 million LED products, including 12.3 million LED bulbs.

• Ikea Group has committed to own 137 wind turbines and installed 550,000 solar panels, taking the company closer to producing more renewable energy than the total energy it uses by 2020.

• Almost one-third of Ikea’s wood was FSC-certified or recycled in FY13. All wood was sourced from suppliers that meet the Ikea forestry standard.

• The share of cotton from more sustainable sources (including Better Cotton Initiative) used in products more than doubled, increasing from 34% to 72% year-over-year.

• The Ikea Foundation donated $150 million in 2013 to projects that support millions of children in some of the world's poorest communities, a 21% increase from 2012.

"One year on from the launch of our People & Planet Positive strategy, we are making good progress, more than doubling the amount of cotton we buy from more sustainable sources, investing in renewable energy, and enabling millions of people to live more sustainably at home,” said Steve Howard, chief sustainability officer of Ikea Group. “The 22 million LED products we sold during the year show that more sustainable products have great appeal, especially when customers understand the savings they can capture from day one.”

 

Recommended stories

Login or Register to post a comment.