Mattresses coming out of a truck at Retourmatras

Circular Investments

Ingka Investments Circular Investments

Circular investments begin when a product’s life ends

Materials and ‘end-of-life’ products comprise about half of Ingka’s own carbon footprint. But the technologies and capacity needed to convert products into secondary, raw materials instead of being landfilled, do not exist at scale. This is preventing us from reaching our circular goals.

At Ingka, we have a responsibility and opportunity to find new ways of doing good business. We need smarter solutions and more infrastructure to bring circularity to our everyday life.

“We want to work together to recycle as many end-of-life mattresses, plastics, and textiles as IKEA sells by FY30.”

Investment scope

We invest in companies that are developing technology or growing capacity to prevent waste or supply recycled materials to support IKEA’s circularity strategies. We focus on materials where recycling infrastructure capacity is lacking compared to other materials: mattresses, plastics, textiles, wood, and food.

Gif to show the process and stakeholders involved in circularity at IKEA

Our portfolio companies

Morssinkhof Rymoplast

One of the world's leading producers of high-grade recycled plastics, producing over 400 kt (kilotons), and therefore contributing to saving over one million tonnes of annual CO2eq.

Next Generation Recycling

Developer and manufacturer providing intelligent, future-orientated plastic recycling technologies for sustainable treatment of plastic materials.

Winnow

Provider of both AI and non-AI-enabled food waste tracking and analytics solutions to help reduce food waste in large-scale commercial kitchens, preventing 78,000 CO2e per year.

RetourMatras

European mattress dismantler with a nearly fully automated process. Gives a second life to up to 85% of a mattress, preparing materials for re-use and inhouse upcycling of recovered polyurethane foam.

RECO

Innovative South Korean business-to-business platform providing hauling, recycling and environmental consulting services for food and commercial waste management that handled 300,000 metric tonnes of waste in 2024.