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Ingka Annual Reporting FY21

Better, together

Hej!

Building better into everything we do

At Ingka Group, we live for the IKEA vision to create a better everyday life for the many people. We are passionate about life at home and love bringing inspiring, affordable and sustainable home furnishing to people with big dreams and thin wallets.  

Whatever we are doing today, we can do better tomorrow. From flat packs to plant balls, we are constantly looking to renew and improve, to find new and better ways forward. Working together to meet the challenges of the pandemic, this is more important than ever. 

So what does better mean to us? It means enabling a better life at home for even more people in new ways. It means making healthy and sustainable living affordable for the many, not just the few. And it means being a fair, values-driven company and a force for positive change for the home we all share. Caring for people and planet, we can make a significant and lasting impact — today and for generations to come.  

Together, let’s make things better. A glorious future!

Read throughout this annual reporting site, how we are setting goals and evaluating our performance by being ‘better’ in four ways: better homes, better lives, better planet and better company.

Like it better in short? Get a quick summary of the main highlights of FY21, download the Annual Summary FY21 pdf

Like the details better? Deep dive into the data and our progress, download the Data and Progress FY21 pdf

house

Better homes

Our passion for a better life at home is what makes us IKEA. For generations, we have been on a mission to understand the needs, challenges and aspirations of the many, bringing inspiring and affordable home furnishings to people with big dreams and thin wallets.

Now we are transforming our business to bring IKEA to more people, and to make healthy and sustainable living desirable and affordable for the many,  not just the few.

Read more about better homes here
heart

Better lives

People are at the heart of everything we do. We want to take a leading role in creating a fairer and more equal society and improve the lives of the millions of people that interact with, or are impacted by, our company.

Starting with our co-workers and supply chain, extending to our customers, neighborhoods, communities and society at large, we are determined to be a force for good.

Read more about better lives here
circle

Better planet

We only have one planet, the home we all share. To achieve our vision for a better everyday life for the many people, we have to play our part in tackling climate change and creating a circular economy. And we have to act now.

We are taking bold steps across our business to help achieve the IKEA commitment to become a climate positive and circular business by 2030, and we are making it easier for our customers to act too.

Read more about better planet here
hexagon

Better company

We do business with a humanistic outlook, guided by our vision and values but always adapting to a changing world. We structure our business to ensure financial resilience, reinvesting the majority of our profit to help us grow and innovate, and the remaining part as dividends to INGKA Foundation to achieve its charitable purpose.

We push to be a fair, inclusive and empowering company with good governance, equal opportunities and respect for human rights across our entire value chain.

Read more about better company here

The financial year 2021 (referred to as FY21) of the Ingka Group (Ingka Holding B.V. and its controlled entities) refers to the period between 1 September 2020 and 31 August 2021 and the entities controlled by Ingka Holding B.V. during this time.