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Better planet

Reporting Better planet

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 – this is the most important decade.

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

  • Leading the way to a climate positive IKEA by 2030 
  • Becoming a circular business by 2030 

Becoming Climate Positive

IKEA is committed to the Paris Agreement and to limiting global temperature rises to 1.5°C, aiming to be climate positive by 2030 (see box) and to reach net-zero latest 2050. At Ingka, we have an important part to play in achieving the IKEA climate positive commitment and many opportunities to enable the transition to net-zero society.

  • Climate footprint: our operations
  • Climate footprint: travel and home deliveries
  • Climate footprint: IKEA products and food
  • Greenhouse gas emissions beyond the IKEA value chain
  • Climate risks and opportunities
Open field

Becoming circular

Today, across the world resources are being used at an unsustainable rate, faster than they can be renewed. Yet many valuable resources are wasted, or used just once before being discarded. The solution is a circular economy – where resources are continually reused, regenerated and recycled in a sustainable way.

Using resources efficiently has always been part of how we work at IKEA and we want to play our part in making the circular economy a reality. IKEA is committed to becoming a circular business by 2030. This will impact the whole business from the products and services we offer our customers to the way we run our operations.

  • Circular buildings and operations
  • Circular services for customers
Man working with mattres inse of a warehouse

IKEA Foundation

What is the IKEA Foundation?

All children deserve to look forward to a bright future full of opportunities. But there are two major threats to that future: climate change and poverty.

The IKEA Foundation supports programmes that help families afford a better everyday life on a liveable planet. Working with its partners, the Foundation takes bold climate action and helps people living in poverty and those forced to flee to access renewable energy and build sustainable, planet-positive livelihoods.

Funded by Ingka Foundation, owner of the Ingka Group of companies, the IKEA Foundation is independent from the retail business, with a sole focus on creating brighter lives on a liveable planet through philanthropy and grantmaking, without pursuing profit for IKEA.

 

5 voices of hope

In June 2021, IKEA Foundation Week was launched to increase awareness and engagement among IKEA co-workers. It was a week-long campaign across Ingka Group in over 400 stores, offices, distribution centres and other business units. 

The campaign featured five voices of hope from IKEA Foundation partners SELCO Foundation, Médecins Sans Frontières (MSF), UNHCR, the UN Refugee Agency, Clean Air Fund and Rainforest Alliance. These voices included a child in India who can study thanks to renewable energy and a changemaker who advocates for clean air for all, among others. The result is a series of inspirational stories which prove that everyone can make a difference. 

To prepare for the week, more than 60 IKEA co-workers who had taken part in the IKEA Foundation’s IWitness programme created impactful presentations about their experiences in the field. Many of these presentations ended up being the highlight of the week thanks to their authenticity and good spirit. 

Hear all the voices of hope on the IKEA Foundation YouTube channel. 

Image of a IKEA co-worker with a t-shirt that says Hej!

Climate action commitments

In April 2021, the IKEA Foundation announced it would spend an extra €1 billion on climate programmes over five years to rapidly reduce greenhouse gas emissions. This was on top of €500 million it had already planned to spend on climate programmes. 

“An immediate decrease in carbon emissions offers the best hope for the world to keep global warming under 1.5 degrees Celsius,” says Per Heggenes, CEO of the IKEA Foundation. “But this cannot happen without unprecedented collaboration across governments, business and civil society.” 

“This renewed climate commitment aims to inspire others to step up in their ambition to safeguard our environment, while improving livelihoods at the same time. We need everyone to play their part if we are to change course towards bright futures on a liveable planet.” 

The IKEA Foundation’s approach is to unlock further funding for sustainable energy models and accelerate the energy transition in line with the Paris Agreement targets. 

As part of this fund, the IKEA Foundation and the Rockefeller Foundation each announced they would contribute USD$500 million to found the Global Energy Alliance for People and Planet to help tackle climate change and end energy poverty.

field with solar panel

The goal is to avoid and avert more than 1 billion tons of greenhouse gas emissions and improve the livelihoods of 1 billion people through renewable energy. Together with Bezos Earth Fund, the three partners launched the platform at the UN Climate Conference (COP26). 

The Global Energy Alliance for People and Planet aims to unlock USD$100 billion. By deploying funds more efficiently, it supports governments to achieve electrification with renewables and meet development targets. This will help kick-start post-pandemic economic recovery and enable emerging economies to make a fair transition to net-zero. 

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