The next milestone in the plan by the world’s largest furniture retailer to become carbon neutral by 2030 is to invest an additional €200m (£171m) in green energy and forest planting. That’s another big investment on top of their €2.5bn into renewable energy already.
They have a two-phased approach to this investment, with the first 100 mill going towards new renewable energy projects including electricity generation, heating, and cooling. The second is to focus more efforts on reforestation and responsible forest management.
With extra money pumping into Ikea’s sustainability goals, alongside textile and mattress recycling and investments in a plastics recycling plant, it seems this giant is making some solid efforts to help our planet.