We know we have a huge responsibility – and many opportunities – to make a positive difference on climate change. As stubborn optimists, we believe that we can create a better future.
There are many existing solutions to tackle the climate crisis, but we urgently need to accelerate action. This can offer new opportunities for job creation, innovation, economic growth and reduced energy costs. And we’re proving that it’s possible to reduce our climate footprint while increasing our revenue. Since our baseline year 2016 we have reduced our climate footprint in absolute terms by -30.1% across scope 1, 2 and 3, while growing our business by 23.7%*. We have achieved these reductions primarily through implementing carbon saving measures, such as renewable electricity sourcing and enhancing energy efficiency, however, changes in our business operations and sales have also contributed. We will also support renewable electricity capacity on the grid by investing 7.5 billion EUR by 2030 into offsite renewable energy and supporting technologies, supporting climate mitigation beyond our value chain.
*Data reflects historical performance as of the FY24 ASSR Report. Greenhouse gas emissions data from Inter IKEA Group is used to calculate many of our scope 3 emissions categories. Inter IKEA Group is introducing a new reporting approach in line with CSRD legislation, to improve transparency and comparability for sustainability metrics. This means their data was not available at the time of publication of the FY25 ASSR Report and as a result we are not able to report progress against our full value chain footprint or target for FY25. We will report on our full FY25 scope 3 climate performance in our ASSR FY26.
